Common use of LIABILITY OF MEMBERS AND PAYMENT OF CLAIMS Clause in Contracts

LIABILITY OF MEMBERS AND PAYMENT OF CLAIMS. a) The liability of all members arising from the subscriptions to the capital stock of the Bank and in respect to the depreciation of their currencies shall continue until all direct and contingent obligations shall have been discharged.

Appears in 3 contracts

Samples: Agreement, www.tralac.org, www.letemps.ch

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LIABILITY OF MEMBERS AND PAYMENT OF CLAIMS. a) a. The liability of all members arising from the subscriptions to the capital stock of the Bank and in respect to the depreciation of their currencies shall continue until all direct and contingent obligations shall have been discharged.

Appears in 2 contracts

Samples: Agreement, Agreement

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LIABILITY OF MEMBERS AND PAYMENT OF CLAIMS. Paragraph a) The provides that the liability of all members arising from the subscriptions to the capital stock of the Bank and in respect to the depreciation of their currencies shall continue until all direct and contingent obligations shall have been discharged.

Appears in 2 contracts

Samples: static.pmg.org.za, static.pmg.org.za

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