Common use of Ordinary Capital Resources Clause in Contracts

Ordinary Capital Resources. As used in this Agreement, the term “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 to pursuant to Article 5 of this Agreement; (ii) funds raised by borrowings of the Bank by virtue of powers con- ferred by sub paragraph (i) of Article 20 of this Agreement, to which the commitment to calls provided for in paragraph 4 of Article 6 of this Agreement is applicable; (iii) funds received in repayment of loans or guarantees and proceeds from the disposal of equity investment made with the resources indi- cated in sub paragraphs (i) and (ii) of this Article; (iv) income derived from loans and equity investment, made from the resources indicated in sub paragraphs (i) and (ii) of this Article, and income derived from guarantees and underwriting not form- ing part of the special operations of the Bank; 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 19 of this Agreement.

Appears in 1 contract

Samples: Charter of the Ebrd

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Ordinary Capital Resources. As used in this Agreement, the term '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 to pursuant to Article 5 of this Agreement; (ii) funds raised by borrowings of the Bank by virtue of powers con- ferred conferred by sub paragraph subparagraph (i) of Article 20 of this Agreement, to which the commitment to calls provided for in paragraph 4 of Article 6 of this Agreement is applicable; (iii) funds received in repayment of loans or guarantees and proceeds from the disposal of equity investment made with the resources indi- cated indicated in sub paragraphs subparagraphs (i) and (ii) of this Article; (iv) income derived from loans and equity investment, made from the resources indicated in sub paragraphs subparagraphs (i) and (ii) of this Article, and income derived from guarantees guarantees, and underwriting not form- ing forming part of the special operations of the Bank; 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 19 of this Agreement.

Appears in 1 contract

Samples: Agreement Establishing the European Bank for Reconstruction and Development (Ebrd)

Ordinary Capital Resources. As used in this Agreement, the term “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 to pursuant to Article 5 of this Agreement; (ii) funds raised by borrowings of the Bank by virtue of powers con- ferred conferred by sub paragraph (i1) of Article 20 of this Agreement, to which the commitment to calls provided for in paragraph 4 of Article 6 of this Agreement is applicable; (iii) funds received in repayment of loans or guarantees and proceeds from the disposal of equity investment made with the resources indi- cated indicated in sub paragraphs (i) and (ii) of this Article;: (iv) income derived from loans and equity investment, made from the resources indicated in sub paragraphs (iI) and (ii) of this Article, and income derived from guarantees and underwriting not form- ing forming part of the special operations of the Bank; : 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 19 of this Agreement.

Appears in 1 contract

Samples: Agreement Establishing the European Bank for Reconstruction and Development

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Ordinary Capital Resources. As used in this Agreement, the term “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 to pursuant to Article 5 of this Agreement; (ii) funds raised by borrowings of the Bank by virtue of powers con- ferred conferred by sub paragraph (i) of Article 20 of this Agreement, to which the commitment to calls provided for in paragraph 4 of Article 6 of this Agreement is applicable; (iii) funds received in repayment of loans or guarantees and proceeds from the disposal of equity investment made with the resources indi- cated indicated in sub paragraphs (i) and (ii) of this Article; (iv) income derived from loans and equity investment, made from the resources indicated in sub paragraphs (i) and (ii) of this Article, and income derived from guarantees and underwriting not form- ing forming part of the special operations of the Bank; 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 19 of this Agreement.

Appears in 1 contract

Samples: Agreement Establishing the European Bank for Reconstruction and Development

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