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Article II
Temporary Offices and Related Facilities
(a) The Government shall within 30 days following the signature of this Memorandum of
Understanding and for a period of two years or until the Permanent Branch Office building
is completed, whichever date is earlier, place at the disposal of the Bank for the Bank's use
and occupancy, fully-serviced temporary offices at Eastgate Building, Robert Mugabe
Road, Harare, as more fully described in Annex A to the present Memorandum of
Understanding.
(b) Notwithstanding the provisions of the preceding paragraph, but without prejudice to the
obligations of the parties thereunder, the parties may agree that the Bank may use the
Temporary Offices or any part thereof before taking possession thereof.
(c) The Government shall provide to the Bank at the Temporary Offices the additional facilities
set forth in Annex B to the present Memorandum of Understanding. The Bank shall pay to
the Government for the use and occupancy of the Temporary Offices and facilities a sum of
one US dollar.
Article III
Maintenance and Repair of Temporary Office
(a) The Bank shall, in accordance with the Lease Agreement to be concluded between the
Reserve Bank of Zimbabwe and Old Mutual Properties, be responsible,after taking
possession of the Temporary Offices, for the orderly maintenance and minor repair of the
Temporary Offices. The Government shall be responsible for all charges in respect of the
supply of public utility services (including electricity, water and rates) and/or any taxes on
real property, tenancy taxes, insurance or any other charges that may be required by the
laws of Zimbabwe.
(b) The Government shall, in accordance with the Lease Agreement with Old Mutual
Properties, be responsible for the prevention and repair of any major damage to the
Temporary Offices and for the installation and repair of public utility and related essential
services and air-conditioning installations.
(c) The Bank and the Government shall consult with each other and agree on any alterations,
modifications or extensions to the Temporary Offices, as may be considered necessary by
the Bank.
(d) The Government shall take the necessary steps to ensure that the use made of areas and
buildings in the vicinity of the premises shall not diminish the amenities of the premises or
otherwise adversely affect their usefulness for the purposes for which they are used by the
Bank.
(e) The Bank agrees to provide passes to duly authorised officials or agents of the Government
for the purpose of enabling them to inspect, repair, maintain, construct and relocate utilities,
conduits, mains and sewers within the premises of the Temporary Offices.
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