Common use of Payments and Transfers Clause in Contracts

Payments and Transfers. 1. Except in the circumstances envisaged in Article 202, a Party shall not apply restrictions on international transfers and payments for current transactions relating to its specific commitments. Nothing in this Chapter shall affect the rights and obligations of the Parties as members of the International Monetary Fund under the Articles of Agreement of the International Monetary Fund ("Articles of Agreement"), 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 202 or at the request of the International Monetary Fund.

Appears in 4 contracts

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

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Payments and Transfers. 1. Except in under the circumstances envisaged in Article 2024.13, 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 under the Articles of Agreement of the International Monetary Fund ("Articles of Agreement")Fund, including the use of exchange actions which are in conformity with the said Articles of Agreement, provided that a Party shall not impose restrictions on any capital transactions inconsistently in a manner inconsistent with its specific commitments regarding such transactions, except as otherwise provided under Article 202 4.13 or at the request of the International Monetary Fund.

Appears in 3 contracts

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

Payments and Transfers. 1. Except in under the circumstances envisaged in Article 20254, a Party shall not apply restrictions on international transfers and payments for current transactions and capital 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 under the Articles of Agreement of the International Monetary Fund ("Articles of Agreement")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 the obligations under this Chapter regarding such transactions, except under Article 202 54, or at the request of the International Monetary Fund.

Appears in 3 contracts

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

Payments and Transfers. 1. Except in under the circumstances envisaged in Article 2027.13, a Party shall not apply restrictions on international transfers and payments for current transactions relating related 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 under the Articles of Agreement of the International Monetary Fund ("Articles of Agreement")Fund, including the use of exchange actions which are in conformity with the Articles of AgreementAgreement of the International Monetary Fund. However, provided that a Party shall not impose restrictions on any capital transactions inconsistently with its specific commitments Specific Commitments regarding such transactions, except under Article 202 7.13 or at the upon request of the International Monetary Fund.

Appears in 2 contracts

Samples: Economic Partnership Agreement, Economic Partnership Agreement

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Payments and Transfers. 1. Except in under the circumstances envisaged in Article 20285, 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 under the Articles of Agreement of the International Monetary Fund ("Articles of Agreement")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 regarding such transactions, except under Article 202 85, or at the request of the International Monetary Fund.

Appears in 1 contract

Samples: Economic Partnership Agreement

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