Common use of CHANNEL OF COMMUNICATIONS, DEPOSITORIES Clause in Contracts

CHANNEL OF COMMUNICATIONS, DEPOSITORIES. 1. Each member shall designate an appropriate official entity with which the Bank may communicate in connection with any matter arising under this Agreement. 2. Each member shall designate its central bank, or such other institution as may be agreed upon with the Bank, as a depository with which the Bank may keep any of its holdings of the currency of that member as well as other assets of the Bank.

Appears in 3 contracts

Samples: Agreement Establishing the Caribbean Development Bank, Agreement Establishing the Caribbean Development Bank, Agreement Establishing the Caribbean Development Bank

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CHANNEL OF COMMUNICATIONS, DEPOSITORIES. 1. Each member shall designate an appropriate official entity with which the Bank may communicate in connection connexion with any matter arising under this Agreement. 2. Each member shall designate its central bank, or such other institution agency as may be agreed upon with the Bank, as a depository with which the Bank may keep any of its holdings of the currency of that member as well as other assets of the Bank.

Appears in 1 contract

Samples: Asian Development Bank Act 1966

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