OFFICIAL
DOCUMENTS
CTF LOAN NUMBER TF0A7233
Clean Technology Fund
Guarantee Agreement
(Additional Financing for Noor Solar Power Project)
between
KINGDOM OF MOROCCO
and
INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT
(acting as an implementing entity of the Clean Technoclogy Fund)
Dated            (6 ~2019


CTF LOAN NUMBER TF0A7233
GUARANTEE AGREEMENT
AGREEMENT, dated        Upee.ukerA, 2019, entered into between
KINGDOM OF MOROCCO ("Guarantor") and INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT ("World Bank"), acting not in its
individual capacity but solely in its capacity as an implementing entity of the Clean
Technology Fund ("CTF") ("CTF Guarantee Agreement") in connection with the CTF
Loan Agreement of same date between the World Bank and MOROCCAN AGENCY
FOR SUSTAINABLE ENERGY ("Borrower") ("CTF Loan Agreement"). The Guarantor
and the Bank hereby agree as follows:
ARTICLE I - GENERAL CONDITIONS; DEFINITIONS
Section 1.01. The Standard Conditions (as defined in the Appendix to the CTF
Loan Agreement) constitute an integral part of this Agreement.
Section 1.02. Unless the context requires otherwise, the capitalized terms used in
this Agreement have the meanings ascribed to them in the Standard Conditions.
ARTICLE II- GUARANTEE
Section 2.01. Without limitation or restriction upon any of its other obligations
under the Guarantee Agreement, the Guarantor hereby unconditionally guarantees, as
primary obligor and not as surety merely, the due and punctual payment of all Loan
Payments payable by the Borrower pursuant to the CTF Loan Agreement.
ARTICLE III -REPRESENTATIVE; ADDRESSES
Section 3.01. The Guarantor's Representative is its Minister of Economy,
Finance and Administration Reform.
Section 3.02. The Guarantor's address is:
Minist&re de l'Economie, des Finances et de la Rdforme de l'Administration
Avenue Mohammed V
Rabat
Kingdom of Morocco
Cable:               Facsimile:
MINFIN               212-537-76-40-81


-2-
Section 3.03. The World Bank's address is:
International Bank for Reconstruction and Development
1818 H Street, N.W.
Washington, D.C. 20433
United States of America; and
Cable:               Telex:              Facsimile:
INTBAFRAD           248423 (MCI) or      (202) 477-6391
Washington, D.C.     64145 (MCI)
AGREED, as of the latest of the two dates written below.
KINGDOM OF MOROCCO
By
Auth        presentative
Name: 'c~A~Ac
Date:
INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT
(acting as an implementing entity of the Clean
Technoclogy Fund)
By
Authorized Representative
Name:      e:     __      __       _
Title:    __     _   _   _    _   _
Date:  -IN  rk%16r-