Methods of Meeting Liabilities of the Bank. 1. In the Bank’s ordinary operations, in cases of arrears or default on loans made, participated in, or guaranteed by the Bank, and in cases of losses on equity investment or other types of financing under sub-paragraph 2 (vi) of Article 11, the Bank shall take such action as it deems appropriate. The Bank shall maintain appropriate provisions against possible losses.
Methods of Meeting Liabilities of the Bank. 1. Whenever necessary to meet contractual payments of interest, other charges or amortization on borrowings of the Bank in its ordinary operations, or to meet its liabilities with respect to similar payments in respect of loans guaranteed by it, chargeable to its ordinary capital resources, the Bank may call an appropriate amount of callable shares in accordance with paragraph 6 of Article 7.
Methods of Meeting Liabilities of the Bank. (Ordinary Operations)
Methods of Meeting Liabilities of the Bank. I. In cases of default on loans made, participated in or guaranteed by the Bank in its ordinary operations, the Bank shall take such action as it deems appropriate with respect to modifying the terms of the loan, other than the currency of repayment. XII/136 ASIAN DEVELOPMENT BANK AGREEMENT (RATIFICATION) [Cap. 314
Methods of Meeting Liabilities of the Bank in Case of Defaults In cases of default on loans made, participated in, or guaranteed by the Bank:
