Common use of Payments and Transfers Clause in Contracts

Payments and Transfers. 1. Except in the circumstances envisaged in Article 16.6 (Measures to Safeguard the Balance-of-Payments) of Chapter 16 (General Provisions and Exceptions), a Party shall not apply restrictions on international transfers and payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of the Parties as members of the International Monetary Fund in accordance with the Articles of Agreement of the International Monetary Fund, including the use of exchange actions which are in conformity with the Articles of Agreement, provided that a Party shall not impose restrictions on any capital transactions inconsistently with its specific commitments regarding such transactions, except under Article 16.6 (Measures to Safeguard the Balance of Payments) of Chapter 16 (General Provisions and Exceptions), or at the request of the International Monetary Fund.

Payments and Transfers. 1. Except in under the circumstances envisaged in Article 16.6 17.3 (Measures to Safeguard the Balance-of-Balance of Payments) of Chapter 16 (General Provisions and Exceptions), a Party shall not apply restrictions on international transfers and payments for current transactions relating to its specific commitmentstrade in services. 2. Nothing in this Chapter shall affect the rights and obligations of the Parties as members of the International Monetary Fund in accordance with (“the Fund”) under the Articles of Agreement of the International Monetary Fund, including the use of exchange actions which are in conformity with the Articles of AgreementAgreement of the International Monetary Fund, provided that a Party shall not impose restrictions on any capital transactions inconsistently with its specific commitments under this Chapter regarding such transactions, except under Article 16.6 17.3 (Measures to Safeguard the Balance of Payments) of Chapter 16 (General Provisions and Exceptions), or at the request of the International Monetary Fund.

Payments and Transfers. 1. Except in under the circumstances envisaged in Article 16.6 (Measures to Safeguard the Balance-of-Payments) of Chapter 16 (General Provisions and Exceptions)86, a Party shall not apply restrictions on international transfers and payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of the Parties as members of the International Monetary Fund (hereinafter referred to in accordance with this Article as “the Fund”) under the Articles of Agreement of the International Monetary Fund, as may be amended, including the use of exchange actions which are in conformity with the Articles of AgreementAgreement of the International Monetary Fund, as may be amended, provided that a Party shall not impose restrictions on any capital transactions inconsistently with its specific commitments obligations under this Chapter regarding such transactions, except under Article 16.6 (Measures to Safeguard the Balance of Payments) of Chapter 16 (General Provisions and Exceptions)86, or at the request of the International Monetary Fund.

Payments and Transfers. 1. Except in under the circumstances envisaged in Article 16.6 11.4 (Measures to Safeguard the Balance-of-Payments) Balance of Chapter 16 (Payments - General Provisions Exceptions and ExceptionsProvisions), a Party shall not apply restrictions on international transfers and or payments for current transactions relating to its specific commitments. 2. Nothing in this Chapter shall affect the rights and obligations of the Parties a Party as members a member of the International Monetary Fund in accordance with ("IMF") under the IMF Articles of Agreement of the International Monetary FundAgreement, 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 transaction inconsistently with its specific commitments under this Chapter regarding such transactions, except under Article 16.6 11.4 (Measures to Safeguard the Balance of PaymentsPayments - General Exceptions and Provisions) of Chapter 16 (General Provisions and Exceptions), or at the on request of the International Monetary FundIMF.