Approval Deemed Given. Whenever the approval of any member is required before any act may be done by the Bank except under paragraph 2 of Article 53, approval shall be deemed to have been given unless the member presents an objection within such reasonable period as the Bank may fix in notifying the member of the proposed act.
Appears in 12 contracts
Samples: Articles of Agreement, Articles of Agreement (Asian Infrastructure Investment Bank), Articles of Agreement (Asian Infrastructure Investment Bank)
Approval Deemed Given. Whenever the approval of any member is required before any act may be done by the Bank Bank, except under paragraph 2 of in Article 53VIII, approval shall be deemed to have been given unless the member presents an objection within such reasonable period as the Bank may fix in notifying the member of the proposed act.
Appears in 7 contracts
Samples: Agreement of the International Bank for Reconstruction and Development, Articles of Agreement of the International Bank for Reconstruction and Development, Articles of Agreement
Approval Deemed Given. Whenever the approval of any member is required before any act may be done by the Bank except under paragraph 2 of Article 53Bank, approval shall be deemed to have been given unless the member presents an objection within such reasonable period as the Bank may fix in when notifying the member of the proposed act.
Appears in 3 contracts
Samples: Agreement Establishing the Caribbean Development Bank, Agreement Establishing the Caribbean Development Bank, Agreement Establishing the Caribbean Development Bank
Approval Deemed Given. Whenever the approval of any member is required before any act may be done by the Bank except under paragraph 2 of Article 53Bank, approval shall be deemed to have been given unless the member presents an objection within such reasonable period as the Bank may fix in notifying the member of the proposed act.
Appears in 3 contracts
Samples: Asian Development Bank Agreement, Asian Development Bank Act 1966, Agreement Establishing the Asian Development Bank
Approval Deemed Given. Whenever the approval of any member Member is required before any act may be done by the Bank Bank, except an act under paragraph 2 of Article 53Articles 14, 19, 54 and 59, approval shall be deemed to have been given unless the member Member presents an objection within such reasonable period as the Bank may fix in notifying the member Member of the proposed act.
Appears in 2 contracts
Samples: Agreement Establishing the Black Sea Trade and Development Bank, Agreement Establishing the Black Sea Trade and Development Bank
Approval Deemed Given. Whenever the approval or the acceptance of any member is required before any act may be done by the Bank Bank, except under paragraph 2 Article 56 of Article 53this Agreement, approval or acceptance shall be deemed to have been given unless the member presents an objection within such reasonable period as the Bank may fix in notifying the member of the proposed act.
Appears in 1 contract
Samples: Charter of the Ebrd
