Art. V Overeenkomst inzake het fonds voor de bestrijding van rivierblindheid (onchocerciasis) 1992

In the event that WHO and/or the Bank shall have determined that circumstances have arisen which lead either party to conclude that it should no longer carry out its obligations hereunder: WHO and/or the Bank shall promptly notify each other and the Contributing Parties, and the Bank may by notice to said Contributing Parties and WHO suspend disbursements from the Phase IV Fund in WHOle or in part, provided, however, that such suspension, if any, shall not apply to amounts relating to obligations theretofore incurred by WHO for the Programme; and WHO and the Bank shall forthwith consult with the Contributing Parties concerning measures to be taken to correct the situation. If, after such consultation, WHO and/or the Bank shall decide that the situation is not likely to be corrected, WHO and/or the Bank shall so notify the Contributing Parties. Upon such notification, the obligations of WHO and the Bank under this Agreement shall cease, except to the extent that there would remain in the Phase IV Fund amounts contributed to such Fund and such amounts would be needed by WHO to make payments on account of obligations thertofore incurred by WHO for the Programme. To the extent that such amounts would not be needed by WHO, the Bank shall transfer them to the Contributing Parties in proportion to their respective contributions. Without limitation upon the provisions of Section 5.01, this Agreement shall terminate upon completion of the fourth phase of the Programme or upon disbursement from the Phase IV Fund of all amounts required to meet payments to be made by WHO for the fourth phase of the Programme, whichever shall come later.

Consultation and Termination

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