Treaty Series Recuei dens Traitds - United Nations Treaty Collection
Treaty Series Recuei dens Traitds - United Nations Treaty Collection Treaty Series Recuei dens Traitds - United Nations Treaty Collection
196 United Nations - Treaty Series 1967 Section 3.02. Except as the Borrower and the Association shall otherwise agree, the Borrower shall cause all goods financed out of the proceeds of the Credit to be used exclusively in the carrying out of the Project. Article IV PARTICULAR COVENANTS Section 4.01. The Borrower shall cause the Project to be carried out with due diligence and efficiency and in conformity with sound engineering, railway and financial practices. Section 4.02. The Borrower shall enter into a Subsidiary Loan Agreement with the R~gie, satisfactory to the Association, which shall provide for the relending of the proceeds of the Credit or the equivalent thereof by the Borrower to the Rdgie and shall contain appropriate provisions with respect to the financing and carrying out of the Project and other obligations of the Borrower and the R~gie under the Development Credit Agreement and the Project Agreement. Except as the Association shall otherwise agree, the Borrower shall not amend, assign, abrogate or waive any provision of the Subsidiary Loan Agreement. Section 4.03. (a) The Borrower shall at all times make available to the Rgie, promptly as needed, all funds, facilities, services and other resources which shall be required for the carrying out of the Project. (b) The Borrower shall cause the R6gie punctually to perform all its obligations under the Project Agreement, shall take all action which shall be necessary on its part to enable the Rgie to perform such obligations and shall not take or permit any action to be taken that would interfere with the performance of such obligations by the Rgie. Section 4.04. (a) The Borrower and the Association shall cooperate fully to assure that the purposes of the Credit will be accomplished. To that end, each of them shall furnish to the other all such information as it shall reasonably request with regard to the general status of the Credit. On the part of the Borrower, such information shall include information with respect to financial and economic conditions in the territories of the Borrower and the international balance of payments position of the Borrower. (b) The Borrower and the Association shall from time to time exchange views through their representatives with regard to matters relating to the purposes of the Credit and the maintenance of the service thereof. The Borrower shall promptly inform the Association of any condition which interferes with, or threatens to interfere with, the accomplishment of the purposes of the Credit or the maintenance of the service thereof. No. 8604
1967 Nations Unies - Recueil des Traitds 197 Paragraphe 3.02. Sauf convention contraire entre l'Emprunteur et l'Association, l'Emprunteur veillera A ce que toutes les marchandises achet~es h 'aide des fonds provenant du Credit soient employ6es exclusivement pour l'ex6cution du Projet. Article IV ENGAGEMENTS PARTICULIERS Paragraphe 4.01. L'Emprunteur fera ex~cuter le Projet avec la diligence et l'efficacit6 voulues, selon les r~gles de 'art et conform~ment aux principes d'une saine gestion des chemins de fer et d'une saine pratique financi~re. Paragraphe 4.02. L'Emprunteur conclura avec la R~gie un Contrat d'emprunt subsidiaire, jug6 satisfaisant par l'Association, qui contiendra des dispositions en vue de faire repr6ter par l'Emprunteur h la R~gie les fonds provenant du Credit ou leur 6quivalent, ainsi que les dispositions approprides touchant le financement et l'ex~cution du Projet et des autres obligations de 'Emprunteur et de la R~gie au titre du Contrat de credit de d~veloppement et du Contrat relatif au Projet. A moins que l'Association n'y consente, les dispositions du Contrat d'emprunt subsidiaire ne pourront faire l'objet de la part de l'Emprunteur d'aucune modification, cession ou abrogation, et 1'Emprunteur ne pourra renoncer au b~n~fice d'aucune de ces dispositions. Paragraphe 4.03. a) L'Emprunteur fournira promptement, au fur et a mesure des besoins, toutes les sommes, facilit6s, services et autres ressources n6cessaires a l'ex~cution du Projet. b) L'Emprunteur veillera A ce que la R~gie s'acquitte ponctuellement de toutes les obligations assum6es par elle dans le Contrat relatif au Projet, prendra toutes les dispositions n~cessaires pour permettre A la R~gie de s'acquitter desdites obligations et ne prendra ni n'autorisera aucune mesure qui puisse goner 1'execution par la R6gie desdites obligations. Paragraphe 4.04. a) L'Emprunteur et l'Association coop6reront pleinement A la r6alisation des fins du Credit. A cet effet, chacune des parties fournira a l'autre tous les renseignements que celle-ci pourra raisonnablement demander quant h la situation g~n~rale du Credit. Les renseignements que l'Emprunteur devra fournir porteront notamment sur la situation 6conomique et financi~re dans ses territoires et sur sa balance des paiements. b) L'Emprunteur et l'Association conf~reront de temps a autre, par l'interm~diaire de leurs repr6sentants, sur les questions relatives aux fins du Credit et h la r~gularit6 de son service. L'Emprunteur informera l'Association sans retard de toute situation qui g~nerait ou menacerait de goner la r~alisation des fins du Cr6dit ou la r6gularit6 de son service. No 8604
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196 <strong>United</strong> <strong>Nations</strong> - <strong>Treaty</strong> <strong>Series</strong> 1967<br />
Section 3.02. Except as the Borrower and the Association shall otherwise<br />
agree, the Borrower shall cause all goods financed out of the proceeds<br />
of the Credit to be used exclusively in the carrying out of the Project.<br />
Article IV<br />
PARTICULAR COVENANTS<br />
Section 4.01. The Borrower shall cause the Project to be carried out<br />
with due diligence and efficiency and in conformity with sound engineering,<br />
railway and financial practices.<br />
Section 4.02. The Borrower shall enter into a Subsidiary Loan Agreement<br />
with the R~gie, satisfactory to the Association, which shall provide<br />
for the relending of the proceeds of the Credit or the equivalent thereof<br />
by the Borrower to the Rdgie and shall contain appropriate provisions with<br />
respect to the financing and carrying out of the Project and other obligations<br />
of the Borrower and the R~gie under the Development Credit Agreement<br />
and the Project Agreement. Except as the Association shall otherwise agree,<br />
the Borrower shall not amend, assign, abrogate or waive any provision of<br />
the Subsidiary Loan Agreement.<br />
Section 4.03. (a) The Borrower shall at all times make available to<br />
the Rgie, promptly as needed, all funds, facilities, services and other resources<br />
which shall be required for the carrying out of the Project.<br />
(b) The Borrower shall cause the R6gie punctually to perform all its<br />
obligations under the Project Agreement, shall take all action which shall<br />
be necessary on its part to enable the Rgie to perform such obligations and<br />
shall not take or permit any action to be taken that would interfere with<br />
the performance of such obligations by the Rgie.<br />
Section 4.04. (a) The Borrower and the Association shall cooperate<br />
fully to assure that the purposes of the Credit will be accomplished. To that<br />
end, each of them shall furnish to the other all such information as it shall<br />
reasonably request with regard to the general status of the Credit. On the<br />
part of the Borrower, such information shall include information with respect<br />
to financial and economic conditions in the territories of the Borrower and<br />
the international balance of payments position of the Borrower.<br />
(b) The Borrower and the Association shall from time to time exchange<br />
views through their representatives with regard to matters relating to the<br />
purposes of the Credit and the maintenance of the service thereof. The<br />
Borrower shall promptly inform the Association of any condition which<br />
interferes with, or threatens to interfere with, the accomplishment of the<br />
purposes of the Credit or the maintenance of the service thereof.<br />
No. 8604