Common use of Miscellaneous Operations Clause in Contracts

Miscellaneous Operations. In addition to the operations specified elsewhere in this Agreement, the Association may: (i) borrow funds with the approval of the member in whose currency the loan is denominated; (ii) guarantee securities in which it has invested in order to facilitate their sale; (iii) buy and sell securities it has issued or guaranteed or in which it has invested; (iv) in special cases, guarantee loans from other sources for purposes not inconsistent with the provisionsof these Articles; (v) provide technical assistance and advisory services at the request of a member; and (vi) exercise such other powers incidental to its operations as shall be necessary or desirable in furtherance of its purposes.

Appears in 2 contracts

Samples: Articles of Agreement, Articles of Agreement

AutoNDA by SimpleDocs

Miscellaneous Operations. In addition to the operations specified elsewhere in this Agreement, the Association may: (i) borrow funds with the approval of the member in whose currency the loan is denominated; (ii) guarantee securities in which it has invested in order to facilitate their sale; (iii) buy and sell securities it has issued or guaranteed or in which it has invested; (iv) in special cases, guarantee loans from other sources for purposes not inconsistent with the provisionsof provisions of these Articles; (v) provide technical assistance and advisory services at the request of a member; and (vi) exercise such other powers incidental to its operations as shall be necessary or desirable in furtherance of its purposes.

Appears in 2 contracts

Samples: Articles of Agreement, Articles of Agreement

AutoNDA by SimpleDocs

Miscellaneous Operations. In addition to the operations specified elsewhere in this Agreement, the Association maymay : (i) borrow funds with the approval of the member in whose currency the loan is denominated; (ii) guarantee securities in which it has invested in order to facilitate their sale; (iii) buy and sell securities it has issued or guaranteed or in which it has investedinvested ; (iv) in special cases, guarantee loans from other sources for purposes not inconsistent with the provisionsof these Articles;provisions of (v) provide technical assistance and advisory services at the request of a member; and (vi) exercise such other powers incidental to its operations as shall be necessary or desirable in furtherance of its purposes.purposes-

Appears in 1 contract

Samples: International Development Association Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!