Common use of Payments and Transfers Clause in Contracts

Payments and Transfers. 1. Except under the circumstances envisaged in Article 4 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions), a Party shall not apply restrictions on international transfers or payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of any of the Parties as members of the International Monetary Fund under the IMF Articles of Agreement, including the use of exchange actions which are in conformity with the IMF Articles of Agreement, provided that a Party shall not impose restrictions on any capital transactions inconsistent with its specific commitments regarding such transactions, except under Article 4 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions) or at the request of the International Monetary Fund.

Appears in 11 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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Payments and Transfers. 1. Except under the circumstances envisaged in Article 4 18.4 (Measures to Safeguard the Balance of Balance-of-Payments) of Chapter 15 18 (General Provisions and Exceptions), a Party shall not apply restrictions on international transfers or and payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of any of the Parties as members of the International Monetary Fund (IMF) under the IMF Articles of Agreement, including the use of exchange actions which are in conformity with the IMF Articles of Agreement, provided that a Party shall not impose restrictions on any capital transactions inconsistent inconsistently with its specific commitments under this Chapter regarding such transactions, except under Article 4 18.4 (Measures to Safeguard the Balance of Balance-of- Payments) of Chapter 15 18 (General Provisions and Exceptions) ), or at the request of the International Monetary FundIMF.

Appears in 7 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

Payments and Transfers. 1. Except under the circumstances envisaged in Article 4 4.14 (Measures Restrictions to Safeguard the Balance of Balance-of-Payments) of Chapter 15 and Annex XIV (General Provisions Payments and Exceptions), Capital Movement) a Party shall not apply restrictions on international transfers or and payments for current transactions relating to its specific commitmentswith another Party. 2. Nothing in this Chapter shall affect the rights and obligations of any the Parties under the Articles of the Parties as members Agreement of the International Monetary Fund under the IMF Articles of Agreement(hereinafter referred to as “IMF”), including the use of exchange actions which are in conformity with the IMF Articles of Agreementthe Agreement of the IMF, provided that a Party shall not impose restrictions on any capital transactions inconsistent inconsistently with its specific commitments regarding such transactions, except under Article 4 4.14 (Measures Restrictions to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions) or at the request of the International Monetary FundIMF.

Appears in 5 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

Payments and Transfers. 1. Except under the circumstances envisaged in Article 4 17.15 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions), a Party shall not apply restrictions on international transfers or payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of any a Party as a member of the Parties as members of the International Monetary Fund IMF under the IMF Articles of Agreement, as may be amended, including the use of exchange actions which are in conformity with the IMF Articles of Agreement, as may be amended, provided that a the Party shall not impose restrictions on any capital transactions inconsistent transaction inconsistently with its specific commitments under this Chapter regarding such transactions, except under Article 4 17.15 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions) or at the on request of the International Monetary FundIMF.

Appears in 3 contracts

Samples: Regional Comprehensive Economic Partnership Agreement, Regional Comprehensive Economic Partnership Agreement, Regional Comprehensive Economic Partnership Agreement

Payments and Transfers. 1. Except under the circumstances envisaged in Article 4 4.14 (Measures Restrictions to Safeguard the Balance of Balance-of-Payments) of Chapter 15 and Annex XIV (General Provisions Payments and Exceptions), Capital Movement) a Party shall not apply restrictions on international transfers or and payments for current transactions relating to its specific commitmentswith another Party. 2. Nothing in this Chapter shall affect the rights and obligations of any the Parties under the Articles of the Parties as members Agreement of the International Monetary Fund under the IMF Articles of Agreement(hereinafter referred to as "IMF"), including the use of exchange actions which are in conformity with the IMF Articles of Agreementthe Agreement of the IMF, provided that a Party shall not impose restrictions on any capital transactions inconsistent inconsistently with its specific commitments regarding such transactions, except under Article 4 4.14 (Measures Restrictions to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions) or at the request of the International Monetary FundIMF.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

Payments and Transfers. 1. Except under the circumstances envisaged in Article 4 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions), a Party shall not apply restrictions on international transfers or payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of any of the Parties as members of the International Monetary Fund under the IMF Articles of Agreement, including the use of exchange actions which are in conformity with the IMF Articles of Agreement, provided that a Party shall not impose restrictions on any capital transactions inconsistent with its specific commitments regarding such transactions, except under Article 4 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions) or at the request of the International Monetary Fund.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

Payments and Transfers. 1. Except under the circumstances envisaged in Article 4 IV.3 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Payment Exceptions), a Party shall not apply restrictions on international transfers or and payments for current transactions relating to its specific commitmentswith the other Party. 2. Nothing in this Chapter Agreement shall affect the rights and obligations of any the Parties under the Articles of the Parties as members Agreement of the International Monetary Fund under (hereinafter referred to as the IMF Articles of Agreement“IMF”), including the use of exchange actions which are in conformity with the IMF Articles of Agreementthe Agreement of the IMF, provided that a Party shall not impose restrictions on any capital transactions inconsistent inconsistently with its specific commitments regarding such transactions, except under Article 4 IV.3 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Payment Exceptions) or at the request of the International Monetary FundIMF.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

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Payments and Transfers. 1. Except under the circumstances envisaged in Article 4 17.15 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions), a Party shall not apply restrictions on international transfers or payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of any a Party as a member of the Parties as members of the International Monetary Fund IMF under the IMF Articles of Agreement, as may be amended, including the use of exchange actions which are in conformity with the IMF Articles of Agreement, as may be amended, provided that a the Party shall not impose restrictions on any capital transactions inconsistent transaction inconsistently with its specific commitments under this Chapter regarding such transactions, except under Article 4 17.15 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions) or at the on request of the International Monetary FundIMF.

Appears in 1 contract

Samples: Regional Comprehensive Economic Partnership Agreement

Payments and Transfers. 1. Except under in the circumstances envisaged in Article 4 6 (Measures to Safeguard the Balance of Payments) of Chapter 15 17 (General Provisions and Exceptions), a Party shall not apply restrictions on international transfers or and payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of any of that apply to the Parties as members under the Articles of Agreement of the International Monetary Fund under the IMF Articles of Agreement(“IMF”), including the use of exchange actions which are in conformity with the IMF Articles of AgreementAgreement of the IMF, provided that a Party shall not impose restrictions on any capital transactions inconsistent inconsistently with its specific commitments regarding such transactions, except under Article 4 6 (Measures to Safeguard the Balance of Payments) of Chapter 15 17 (General Provisions and Exceptions) ), or at the request of the International Monetary FundIMF.

Appears in 1 contract

Samples: Georgia – Hong Kong, China Free Trade Agreement

Payments and Transfers. 1. Except under the circumstances envisaged in Article 4 18.4 (Measures to Safeguard the Balance of Balance-of-Payments) of Chapter 15 18 (General Provisions and Exceptions), a Party shall not apply restrictions on international transfers or and payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of any of the Parties as members of the International Monetary Fund (IMF) under the IMF Articles of Agreement, including the use of exchange actions which are in conformity with the IMF Articles of Agreement, provided that a Party shall not impose restrictions on any capital transactions inconsistent inconsistently with its specific commitments under this Chapter regarding such transactions, except under Article 4 18.4 (Measures to Safeguard the Balance of Balance-of-Payments) of Chapter 15 18 (General Provisions and Exceptions) ), or at the request of the International Monetary FundIMF.

Appears in 1 contract

Samples: Malaysia Australia Free Trade Agreement

Payments and Transfers. 1. Except under the circumstances envisaged in Article 4 17.15 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions), a Party shall not apply restrictions on international transfers or payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of any a Party as a member of the Parties as members of the International Monetary Fund IMF under the IMF Articles of Agreement, as may be amended, including the use of exchange actions which are in conformity with the IMF Articles of Agreement, as may be amended, provided that a the Party shall not impose restrictions on any capital transactions inconsistent transaction inconsistently with its specific commitments under this Chapter regarding such transactions, except under Article 4 (Measures to Safeguard the Balance of Payments) of Chapter 15 (General Provisions and Exceptions) or at the request of the International Monetary Fund.Article

Appears in 1 contract

Samples: Regional Comprehensive Economic Partnership Agreement

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