Determination of Par Value Sample Clauses

Determination of Par Value. Within thirty days after the Fund so requests, Zambia shall communicate to the Fund a proposed par value for its currency, and within sixty days following the Fund's receipt of the proposed par value, Zambia and the Fund shall agree on an initial par value for the currency; provided that the Fund may extend the period of sixty days and that Zambia shall be deemed to have withdrawn from the Fund if agreement on a par value has not been reached when the extended period expires. In the period between accepting membership and the establishment of an initial par value pursuant to this paragraph, Zambia shall not change its exchange rates prevailing at the time of accepting membership without agreement with the Fund after prior consultation.
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Determination of Par Value. Within 30 days after the Fund so requests, Singapore shall communicate to the Fund a proposed par value for its currency, and within 60 days following the Fund’s receipt of the proposed par value, Singapore and the Fund shall agree on an initial par value for the currency: provided that the Fund may extend the period of 60 days and that Singapore shall be deemed to have withdrawn from the Fund if agreement on a par value has not been reached when the extended period expires. In the period between accepting membership and the establishment of an initial par value pursuant to this paragraph, Singapore shall not change its exchange rates prevailing at the time of accepting membership without agreement with the Fund after prior consultation.
Sample 1
Determination of Par Value within 30 days after the fund so requests, malaysia shall communicate to the fund a proposed par value for its currency, and within 60 days following the fund’s receipt of the proposed par value, malaysia and the fund shall agree on an initial par value for the currency; provided that the fund may extend the period of 60 days and that malaysia shall be deemed to have withdrawn from the fund if agreement on a par value has not been reached when the extended period expires. in the period between accepting membership and the establishment of an initial par value pursuant to this paragraph, malaysia shall not change its exchange rates prevailing at the time of accepting membership without agreement with the fund after prior consultation.
Sample 1
Determination of Par Value. Within 30 days after the Fund so requests, New Zealand shall communicate to the Fund a proposed par value for its currency, and within 60 days following the Fund's receipt of the proposed par value, New Zealand and the Fund shall agree on an initial par value for the currency; provided that the Fund may extend the period of 60 days and that New Zealand shall be deemed to have withdrawn from the Fund if agreement on a par value has not been reached when the extended period expires. In the period between accepting membership and the establishment of an initial par value pursuant to this paragraph, New Zealand shall not change its exchange rates prevailing at the time of accepting membership without agreement with the Fund after prior consultation.
Sample 1

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