DIVISION AND CALLS OF SUBSCRIBED CAPITAL. The subscription of each member shall be divided into two parts as follows: (i) twenty percent shall be paid or subject to call under Section 7 (i) of this Article as needed by the Bank for its operations; (ii) the remaining eighty percent shall be subject to call by the Bank only when required to meet obligations of the Bank created under Article IV, Sections I (a) (ii) and (iii).
Appears in 3 contracts
Samples: Articles of Agreement of the International Bank for Reconstruction and Development, Articles of Agreement of the International Bank for Reconstruction and Development, Articles of Agreement of the International Bank for Reconstruction and Development
DIVISION AND CALLS OF SUBSCRIBED CAPITAL. The subscription of each member shall be divided into two parts as follows:
(i) twenty percent shall be paid or subject to call under Section 7 (i) of this Article as needed by the Bank for its operations;
(ii) the remaining eighty percent shall be subject to call by the Bank only when required to meet obligations of the Bank created under Article IV, Sections I 1 (a) (ii) and (iii). Calls on unpaid subscriptions shall be uniform on all shares.
Appears in 3 contracts
Samples: Articles of Agreement, Articles of Agreement, Articles of Agreement
DIVISION AND CALLS OF SUBSCRIBED CAPITAL. The subscription of each member shall be divided into two parts as follows:
(i) twenty percent shall be paid or subject to call under Section 7 (i7(i) of this Article as needed by the Bank for its operations;
(ii) the remaining eighty percent shall be subject to call by the Bank only when required to meet obligations of the Bank created under Article IV, Sections I 1 (a) (ii) and (iii).
Appears in 1 contract
Samples: Agreement of the International Bank for Reconstruction and Development
DIVISION AND CALLS OF SUBSCRIBED CAPITAL. The subscription of each member shall be divided into two parts as follows:
: (i) twenty percent shall be paid or subject to call under Section 7 (i7(i) of this Article as needed by the Bank for its operations;
; (iii) the remaining eighty percent shall be subject to call by the Bank only when required to meet obligations of the Bank created under Article IV, Sections I (a) (iil(a)(ii) and (iii). Calls on unpaid subscriptions shall be uniform on all shares.
Appears in 1 contract
Samples: Bretton Woods Agreement
DIVISION AND CALLS OF SUBSCRIBED CAPITAL. The subscription of each member shall be divided into two parts as follows:
(i) twenty percent shall be paid or subject to call under Section 7 (i7(i) of this Article as needed by the Bank for its operations;
(ii) the remaining eighty percent shall be subject to call by the Bank only when required to meet obligations of the Bank created under Article IV, Sections I (al(a) (ii) and (iii). Calls on unpaid subscriptions shall be uniform on all shares.
Appears in 1 contract
Samples: Articles of Agreement
