ISSUE PRICE OF SHARES. Shares included in the minimum subscriptions of original members shall be issued at par. Other shares shall be issued at par unless the Bank by a majority of the total voting power decides in special circumstances to issue them on other terms.
Appears in 8 contracts
Samples: Bretton Woods Agreement, Agreement of the International Bank for Reconstruction and Development, Articles of Agreement of the International Bank for Reconstruction and Development
ISSUE PRICE OF SHARES. Shares included in the minimum subscriptions of original members shall be issued at par. Other shares shall be issued at par unless the Bank by a majority of the total voting power decides in special circumstances to issue them on other terms.circum-
Appears in 1 contract
Samples: International Finance Agreements
