Articles Of Agreement For

This Agreement is based on Article VII, Section 1(i) of the Fund`s Articles of Agreement, which authorizes the Fund to borrow from Fund Members or other sources where it considers it appropriate to replenish its assets in a Member`s currency in the General Resources Account (GRA). 4. If, within the three-month period referred to in point 3, a Member has not reached an agreement with the Fund, the Fund shall use the currencies of other Members allocated to that Member in accordance with point 2(d) to exchange the currency of that Member which is allocated to other Members. Any currency which is granted to a Member which has not reached an agreement shall be used as far as possible to exchange its currency, which shall be granted to Members which have concluded agreements with the Fund in accordance with point 3. Ne D 4188 – Contractual article between Roger Watkinson and William Mason concerning the sale of a property in Walkeringham from Watkinson to Mason; 1. Apr 1775 The recitals contextualise the agreement and give factual details on the basis of the Treaty. Seven recitals describe what is needed and what events took place. Contractual items were often established prior to a lease or transfer. They defined the conditions to be included.

They duplicate in many ways the acts that flow from them. They also worked as contracts, for example for the planned sale of wood, wood, coal, stone or other products. They could also be developed as preliminary agreements for marital comparisons, supplements, exchanges, arbitration – in fact, anything that required an agreement between two or more parties. 1. Where the commitment remaining after the clearing referred to in point (b) of Article XXIV(2) is concluded by the resigning participant and the transaction agreement between the Fund and the terminating participant is not agreed within six months of the date of termination, the Fund shall terminate that balance of the special drawing rights in equal half-yearly instalments within a maximum period of five years from the date of termination. date of termination. The Fund shall pay that balance, in accordance with its disposition, either by paying to the resigning participant the sums that the remaining participants have made available to the Fund in accordance with Article XXIV, Section 5, or by authorizing the resigning participant to use its special drawing rights to obtain its own currency or a freely usable currency from a participant designated by the Fund; the general resources account or any other holder. The “statutes” define the essential obligations of the parties concerned. As a general rule, they shall consist of four sections: in addition to the commitments made under other Articles of this Agreement, each Member shall assume the obligations provided for in this Article. If a member leaves the Fund, the normal operations and operations of the Fund shall be suspended in its currency and the payment of all accounts between the Fund and the Fund shall be made with appropriate dispatch, by mutual agreement between the Member and the Fund.

. . .

Pin It