Treaty Series Recuei dens Traitds - United Nations Treaty Collection

292 United Nations - Treaty Series 1967
292
United Nations - Treaty Series 1967
of the respective parties to those agreements in accordance with their respective
terms; and
(b) That arrangements, satisfactory to the Association, shall have been
made with respect to the employment by the R~gie of the consultants and
technicians referred to in Section 2.03 of the Project Agreement.
Section 6.02. The following are specified as additional matters, within
the meaning of Section 8.02 (b) of the Regulations, to be included in the
opinion or opinions to be furnished to the Association:
(a) That the Project Agreement has been duly authorized or ratified
by, and executed and delivered on behalf of, the R~gie, that all acts, consents
and approvals necessary therefor have been duly and validly performed or
given, and that such Project Agreement constitutes a valid and binding
obligation of the R~gie in accordance with its terms; and
(b) That the Subsidiary Loan Agreement has been duly authorized
or ratified by, and executed and delivered on behalf of, the parties thereto,
that all acts, consents and approvals necessary therefor have been duly and
validly performed or given, and that such Subsidiary Loan Agreement constitutes
a valid and binding obligation of the parties thereto in accordance
with its terms.
Section 6.03. If this Development Credit Agreement shall not have
come into force and effect by January 1, 1967, this Development Credit
Agreement and all obligations of the parties hereunder shall terminate,
unless the Association, after consideration of the reasons for the delay, establishes
a later date for purposes of this Section. The Association shall promptly
notify the Borrower and the Rgie of such later date.
Section 6.04. Upon termination of the Project Agreement in accordance
with its terms, the obligations of the Borrower under Sections 4.01, 4.02,
4.03, 4.07 and 4.08 of this Agreement shall forthwith terminate.
Article VII
MISCELLANEOUS
Section 7.01. The Closing Date shall be June 30,1970 or such other date
as may from time to time be agreed between the Borrower and the Association.
Section 7.02. The following addresses are specified for the purposes
of Section 7.01 of the Regulations:
For the Borrower:
Minist~re du Plan et du D6veloppement
Dakar
S~n6gal
No. 8607