Common use of Clearing and Payment Systems Clause in Contracts

Clearing and Payment Systems. 1. Under terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another Party established in its territory access to payment and clearing systems operated by public entities and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph is not intended to confer access to lender of last resort facilities of a Party.

Appears in 4 contracts

Samples: Trade Agreement, Trade Agreement, Trade Agreement

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Clearing and Payment Systems. 1. Under terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another Party established in its territory access to payment and clearing systems operated by public entities and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph is not intended to confer access to lender of last resort facilities of a Party. 2.

Appears in 3 contracts

Samples: Trade Agreement, Trade Agreement, Trade Agreement

Clearing and Payment Systems. 1. Under terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another the other Party established in its territory access to payment and clearing systems operated by public entities entities, and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph is shall not intended to confer access to the Party’s lender of last resort facilities of a Party.facilities. SECTION F

Appears in 3 contracts

Samples: trade.ec.europa.eu, trade.ec.europa.eu, trade.ec.europa.eu

Clearing and Payment Systems. 1. Under terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another the other Party established in its territory access to payment and clearing systems operated by public entities entities, and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph is Article shall not intended to confer access to the Party’s lender of last resort facilities of a Party.facilities. Limited SECTION F

Appears in 2 contracts

Samples: trade.ec.europa.eu, trade.ec.europa.eu

Clearing and Payment Systems. 1. Under the terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another the other Party established in its territory access to payment and clearing systems operated by public entities entities, and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph Article is not intended to confer access to the Party's lender of last resort facilities of a Partyfacilities.

Appears in 2 contracts

Samples: Association Agreement, Association Agreement

Clearing and Payment Systems. 1. Under terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another Party established in its territory access to payment and clearing systems operated by public entities entities, and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph is Article shall not intended to confer access to the Party’s lender of last resort facilities of a Party.facilities. SECTION D

Appears in 1 contract

Samples: trade.ec.europa.eu

Clearing and Payment Systems. 1. Under the terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another the other Party established in its territory access to payment and clearing systems operated by public entities entities, and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph is Article does not intended to confer access to the Party's lender of to last resort facilities of a Partyfacilities.

Appears in 1 contract

Samples: Association Agreement

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Clearing and Payment Systems. 1. Under terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another Party established estab­ lished in its territory access to payment and clearing systems operated by public entities and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph is not intended to confer access to lender of last resort facilities of a Party.

Appears in 1 contract

Samples: Trade Agreement

Clearing and Payment Systems. 1. Under terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another the other Party established in its territory access to payment and clearing systems operated by public entities entities, and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph Article is not intended to confer access to the Party's lender of last resort facilities of a Partyfacilities.

Appears in 1 contract

Samples: Association Agreement

Clearing and Payment Systems. 1. Under the terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another the other Party established in its territory access to payment and clearing systems operated by public entities entities, and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph is Article does not intended to confer access to the Partyâs lender of last resort facilities of a Partyfacilities.

Appears in 1 contract

Samples: Partnership, Trade and Cooperation Agreement

Clearing and Payment Systems. 1. Under terms and conditions that accord national treatment, each Party shall grant to financial service suppliers of another the other Party established in its territory access to payment and clearing systems operated by public entities entities, and to official funding and refinancing facilities available in the normal course of ordinary business. This paragraph is Article shall not intended to confer access to the Party's lender of last resort facilities of a Partyfacilities.

Appears in 1 contract

Samples: Trade Agreement

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