Common use of Balance of Payments Clause in Contracts

Balance of Payments. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining measures that restrict transfers where the Party experiences serious balance of payments difficulties, or the threat thereof, and such restrictions are consistent with paragraphs 2 through 4 and are:

Balance of Payments. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining measures that restrict transfers where when the Party experiences serious balance of payments difficulties, or the threat thereof, and such restrictions are consistent with paragraphs 2 through 4 Chapter X (Investment) and are:this Article. 2. Restrictions imposed on transfers related to trade in goods, shall not substantially impede those transfers from being made in a freely usable currency at a market rate of exchange and may not take the form of tariff surcharges or similar measures.

Balance of Payments. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining temporary safeguard measures that restrict transfers where in accordance with the laws and regulations of the Party experiences with respect to payments or transfers and movements of capital: (a) in case of existence or threat of serious external balance or financial difficulties; or (b) in cases where, in exceptional circumstances, payments and capital movements cause or threaten to cause serious difficulties for the operation of payments difficulties, monetary or exchange policies in the threat thereof, and such restrictions are consistent with paragraphs 2 through 4 and are:Party in question.

Balance of Payments. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining measures that restrict transfers where the Party experiences serious balance of payments difficulties, or the threat thereof, and such restrictions are consistent with paragraphs 2 through 4 and are:this Article.

Balance of Payments. 1 Nothing in this Agreement shall be construed as to prevent a Party from adopting or maintaining measures that restrict transfers trade of goods and services, transfers, or both, where the Party experiences serious financial or balance of payments difficulties, difficulties or the threat thereof, and such restrictions are consistent with paragraphs 2 through 4 and are:.

Balance of Payments. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining measures that restrict transfers where the Party experiences faces serious balance of payments difficulties, or the threat thereof, and such provided that the restrictions are consistent with paragraphs 2 through 4 and arethis Article. 2. As soon as practicable after a Party applies a measure under this Article, the Party shall: a) submit for review by the Fund all restrictions on current account operations in accordance with Article VIII of the Articles of Agreement of the International Monetary Fund;