IMMUNITY OF ASSETS Sample Clauses

IMMUNITY OF ASSETS. Property and assets of the Bank, wheresoever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation or any other form of taking or foreclosure by executive or legislative action.
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IMMUNITY OF ASSETS. Property and assets of the Fund, wherever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation or any other form of taking or foreclosure by executive or legislative action.
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IMMUNITY OF ASSETS. 1. Property and assets of the Bank, wheresoever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation or any other form of taking or from closure by administrative or legislative action.
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IMMUNITY OF ASSETS. Property and assets of the Commission, wheresoever located and by whomsoever held, shall be considered public international property and shall be immune from search, requisition, confiscation, expropriation or any other form of taking or foreclosure by executive or legislative action.
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IMMUNITY OF ASSETS. Property and assets of the Corporation wheresoever located and by whomsoever held, shall be immune from requisition, confiscation and expropriation by any Member Country.
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IMMUNITY OF ASSETS. The archives of the Bank, and, in general, all documents belonging to it, or held by it, shall be inviolable, wherever located.
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IMMUNITY OF ASSETS. Property and assets of the Corporation, wheresoever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation or any other form of tak- ing or foreclosure by executive or legislative action.
Sample 1
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IMMUNITY OF ASSETS. 1. Without prejudice to the provisions of Article 54 hereof, the property and assets of the Corporation shall be immune from search, requisition, confiscation. expropriation or any other form of seizure by executive or legislative action.
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Related to IMMUNITY OF ASSETS

  • TREATMENT OF ASSETS Title to all property furnished by COMMERCE shall remain in COMMERCE. Title to all property furnished by the Contractor, for the cost of which the Contractor is entitled to be reimbursed as a direct item of cost under this contract, shall pass to and vest in COMMERCE upon delivery of such property by the Contractor. Title to other property, the cost of which is reimbursable to the Contractor under this contract, shall pass to and vest in COMMERCE upon (i) issuance for use of such property in the performance of this contract, or (ii) commencement of use of such property in the performance of this contract, or (iii) reimbursement of the cost thereof by COMMERCE in whole or in part, whichever first occurs.

  • Sale of Assets The Company or the Bank sells to a third party all or substantially all of its assets.

  • Ownership of Assets The Company and its subsidiaries have good and marketable title to all property (whether real or personal) described in the Registration Statement, in the Time of Sale Disclosure Package and in the Prospectus as being owned by them, in each case free and clear of all liens, claims, security interests, other encumbrances or defects except such as are described in the Registration Statement, in the Time of Sale Disclosure Package and in the Prospectus. The property held under lease by the Company and its subsidiaries is held by them under valid, subsisting and enforceable leases with only such exceptions with respect to any particular lease as do not interfere in any material respect with the conduct of the business of the Company or its subsidiaries.

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