All the sums due by the Borrower under this loan are payable to the Fund in the currency of each instalment to the bank and account number communicated to the Borrower by the Fund at the time of each instalment, with telex or fax notice to be sent to the Fund by the Bank charged by the Borrower with payment, at least five working days before each payment.

account shall be taken of either the date of dispatch, the postmark being accepted as date of dispatch, or the date of receipt where the documents are delivered to the Commission directly or by telex or fax.

Also included are payments made for non-industrial services such as legal and accountancy fees, patents and licence fees (where they are not capitalised), insurance premiums, costs of meetings of shareholders and governing bodies, contributions to business and professional associations, postal, telephone, electronic communication, telegraph and fax charges, transport services for goods and personnel, advertising costs, commissions (where they are not included in wages and salaries), rents, bank charges (excluding interest payments) and all other business services provided by third parties.