Ordinary Capital Resources Clause Samples

Ordinary Capital Resources. 1. For the purposes of this Agreement, the expression “ordinary capital resources” of the Bank shall include: 2. Authorized capital stock of the Bank subscribed pursuant to the provisions of article 6 of this Agreement; 3. Funds raised by borrowing of the Bank, by virtue of powers conferred in paragraph (a) of article 23 of this Agreement, to which the commitment to calls provided for in paragraph 4 of article 7 of this Agreement applies; 4. Funds received in repayment of loans made with the resources referred to in paragraphs (a) and (b) of this article; 5. Income derived from loans made from the aforementioned funds; income from guarantees to which the commitment to calls provided for in paragraph 4 of article 7 of this Agreement applies; as well as 6. Any other funds or income received by the Bank, which do not form part of its special resources.

Ordinary Capital Resources. As used in this Agreement, the terra " ordinary capital resources " of the Bank shall include the following:— (i) authorized capital stock of the Bank, including both paid-in and callable shares, subscribed pursuant to Article 5 of this Agreement, except such part thereof as may be set aside into one or more Special Funds in accordance with paragraph 1 (i) of Article 19 of this Agreement; (ii) funds raised by borrowings of the Bank by virtue of powers conferred by sub-paragraph (i) of Article 21 of this Agreement, to which the commitment to calls provided for in paragraph 5 of Article 6 of this Agreement is applicable; (iii) funds received in repayment of loans or guarantees made with the resources indicated in (i) and (ii) of this Article; (iv) income derived from loans made from the aforementioned funds or from guarantees to which the commitment to calls set forth in paragraph 5 of Article 6 of this Agreement is applicable ; and (v) any other funds or income received by the Bank which do not form part of its Special Funds resources referred to in Article 20 of this Agreement.

Ordinary Capital Resources. As used in this Agreement, the term "Ordinary Capital Resources" of the Bank shall include the following: (a) Authorized capital stock of the Bank, including paid-in, payable, and callable shares, subscribed pursuant to Article 5 of this Agreement; (b) Funds raised by the borrowing of the Bank by virtue of powers conferred by subparagraph (a) of Paragraph 1 of Article 18 of this Agreement to which the commitment to calls provided for in Paragraph 4 of Article 6 of this Agreement is applicable; (c) Funds received in repayment of loans or guarantees and proceeds from the disposal of equity investments made with the resources indicated in subparagraphs (a) and (b) of this Article; (d) Income derived from loans and equity investment made from the resources indicated in subparagraphs (a) and (b) of this Article, and income derived from guarantees and underwriting not forming part of the Special Operations of the Bank; and (e) any other funds or income received by the Bank which do not form part of its Special Funds Resources referred to in Article 17 of this Agreement.

Ordinary Capital Resources. Purpose - Article 1 -