Federal Senate Resolution No. 15 Of March 2, 2000

Original Language Title: Resolução do Senado Federal nº 15, de 02 de março de 2000

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I make it known that the FEDERAL SENATE has approved, and I, ANTÔNIO CARLOS MAGALHÃES, PRESIDENT, in the terms of art. 48, item 28, of the Rules of Procedure, promulgated the following

RESOLUTION # 15, DE 2000.

Authorizes the Union to hire external credit operation, worth up to EUR5 .072.905,00 (five million, seventy and two thousand, nine hundred and five euros) together with the Kreditanstalf für Wiederaufbau-KfW, earmarked for financing of 15% (fifteen per cent) of the import of goods and services to be provided by the German company Carl Zeiss Jena GmbH, within the framework of the Programme of Modernization and Consolidation of Academic Infrastructure of Higher Education Institutions and University Hospitals.

The FEDERAL SENATE

RESOLVE:

Art. 1º It is the Union authorized, in the terms of art. 52, V, of the Federal Constitution, and of Resolution No. 96, 1989, reinstated by Resolution No. 17 of 1992, both of the Federal Senate, to hire external credit operation together with the Kreditansralf für Wiederaufbau KfW of Germany.

Single Paragraph. The resources referred to in this article will be used in the financing of 15% (fifteen per cent) of the importation of goods and services to be provided by the German company Carl Zeiss Jena GmbH under the Modernization and Consolidation Programme of the Academic Infrastructure of the Federal Institutions of Higher Education and University Hospitals.

Art. 2º The hiring of the credit operation of which this Resolution is conditional is conditional on the existence of prior budgetary allocation and compliance with the limits set for the movement and commitment of the moves and payment of the expenses, as attested by the Tax Control and Management Commission-CCF of the Ministry of Finance.

Art. 3º The credit operation mentioned in art. 2º has the following financial characteristics:

I-dever: Federative Republic of Brazil / Ministry of Education ;

II-creditor: Kreditanstalf für Wiederaufbau-KfW (Franck-furt/Alemanha) ;

III-executor: Secretary of Higher Education of the Ministry of Education ;

IV-worth intended: EUR5 .072.905,00 (five million, seventy-two thousand, nine hundred and five euros) ;

V-goal: 15% funding (fifteen per cent) of the value of the goods and services to be acquired from Carl Zeiss Jena GmbH;

VI-disbursement: as per the shipment of the goods ;

VII-deficiency: the first repayment instalment will be due six months after the date on which the weighted average of the shipments occurs, which is preliminarily estimated in the Contract ;

VIII-amortization: fourteen semi-annual, equal and consecutive plots ;

IX-interest: Euro Interbank Offered Rate (Euribor) of six months, plus spread of 2.25% a.a.(two integers and twenty-five hundredths per cent a year), semiannual, payable on the dates of March 30 and September 30 of each year, until the beginning of amortization. Later, exicable on the same maturity dates of the amortizations ;

X-commission of appointment: 0.25% a.a (twenty-five hundredths per cent per year), trimenstrally, calculated on the non-disbursed balance of the loan, due from the date of signing of the Constrate ; and

XI-administration commission: 1% (one per cent) flat on the value of the funding, due in up to thirty days after the signing of the Contract.

Art. 4º The authorisation granted by this Resolution should be exercised within five hundred and forty days counted from the date of its publication. (Vide Resolution No. 37, of 2002)

Art. 5º This Resolution comes into force on the date of its publication.

FEDERAL SENATE, on March 2, 2000.

SENATOR ANTONIO CARLOS MAGALHÃES

PRESIDENT

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