Common use of Methods of Meeting the Losses of the Bank Clause in Contracts

Methods of Meeting the Losses of the Bank. (a) In case of arrears or default on loans made, participated in, or guaranteed by the Bank, the Bank shall take such action as it deems appropriate. The Bank shall maintain appropriate provisions against possible losses.

Appears in 4 contracts

Samples: Agreement, Agreement, extwprlegs1.fao.org

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Methods of Meeting the Losses of the Bank. (a) In case cases of arrears or default on loans made, participated in, in or guaranteed by the BankBank in its ordinary operations, the Bank shall take such action take, firstly, all necessary actions as it deems appropriate. The Bank shall maintain appropriate provisions against possible lossesin order to recover the loans made and, secondly, it may modify the terms of the loans, other than the currency of repayment.

Appears in 3 contracts

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

Methods of Meeting the Losses of the Bank. (a) 1. In case the Bank’s ordinary operations, in cases of arrears or of default on loans made, participated in, or guaranteed by the Bank, and in case of losses on underwriting and in equity investment, the Bank shall take such action as it deems appropriate. The Bank shall maintain appropriate provisions pro- visions against possible losses.

Appears in 1 contract

Samples: brill.com

Methods of Meeting the Losses of the Bank. (a) a. In case cases of arrears or default on loans made, participated in, in or guaranteed by the BankBank in its ordinary operations, the Bank shall take such action take, firstly, all necessary actions as it deems appropriate. The Bank shall maintain appropriate provisions against possible lossesin order to recover the loans made and, secondly, it may modify the terms of the loans, other than the currency of repayment.

Appears in 1 contract

Samples: Agreement

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Methods of Meeting the Losses of the Bank. (a) 1. In case the Bank’s ordinary operations, in cases of arrears or of default on loans made, participated in, . or guaranteed by the Bank, and in case of losses on underwriting and in equity investment, the Bank shall take such action as it deems appropriate. The Bank shall maintain appropriate provisions against possible losses.

Appears in 1 contract

Samples: Treaty Series 2007

Methods of Meeting the Losses of the Bank. (a) 1. In case the Bank’s ordinary operations, in cases of arrears or of default on loans made, participated in, or guaranteed by the Bank, and in case of losses on underwriting and in equity investment, the Bank shall take such action as it deems appropriate. The Bank shall maintain appropriate provisions against possible losses.

Appears in 1 contract

Samples: www.files.ethz.ch

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