OFFICIAL
DOCUMENTS
LOAN NUMBER 8818-BR
Guarantee Agreement
(Brazil-Salvador Social Multi-Sector Service Delivery Project)
(Projeto Salvador Social)
between
FEDERATIVE REPUBLIC OF BRAZIL
and
INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT


LOAN NUMBER 8818-BR
GUARANTEE AGREEMENT
AGREEMENT entered into between FEDERATIVE REPUBLIC OF BRAZIL
("Guarantor") and INTERNATIONAL BANK FOR RECONSTRUCTION AND
DEVELOPMENT ("Bank") ("Guarantee Agreement") in connection with the Loan
Agreement of the Signature Date between the Bank and MUNICIPALITY OF
SALVADOR ("Borrower") ("Loan Agreement"). The Guarantor and the Bank hereby
agree as follows:
ARTICLE I - GENERAL CONDITIONS; DEFINITIONS
Section 1.01. The General Conditions (as defined in the Appendix to the 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 General Conditions or in the
Loan Agreement.
ARTICLE II - GUARANTEE; PROVISION OF FUNDS
Section 2.01. 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 Loan Agreement.
ARTICLE III - REPRESENTATIVE; ADDRESSES
Section 3.01. The Guarantor's Representative is its Ministry of Finance.
Section 3.02. The Guarantor's Address is:
Ministerio da Fazenda
Procuradoria Geral da Fazenda Nacional
Esplanada dos Minist6rios, Bloco "P" - 80 andar
70048-900 Brasilia, DF
Brazil
Facsimile: (55-61) 3412-1740
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Section 3.03. The Bank's Address is:
International Bank for
Reconstruction and Development
1818 H Street, N.W.
Washington, D.C. 20433
United States of America
Telex:               Facsimile:
248423 (MCI) or      (202) 477-6391
64145 (MCI)
AGREED as of the latest of the two dates written below.
INTERNATIONAL BANK FOR
RECONSTRUCTION AND
DEVEL PM
By    _           /
Authorized Representative
Name: M&1~ 4;18 R.at
Title:___________
Date:   a-VK&
FEDERATIVE REPUBLIC OF BRAZIL
By
Authorized Representative
Name:              D
Title:  96uiad9-         fQ3`0       4/   N  v
Date:   b"91'
-3-