Common use of Prudential Measures Clause in Contracts

Prudential Measures. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining prudential measures, such as: a) The protection of investors, depositors, financial market participants, policy- holders, policy-claimants, or persons to whom a fiduciary duty is owed by a financial institution; b) The maintenance of the safety, soundness, integrity or financial responsibility of financial institutions; and c) Ensuring the integrity and stability of a Party's financial system. 2. Where such measures do not conform with the provisions of this Agreement, they shall not be used as a means of circumventing the commitments or obligations of the Party under this Agreement.

Appears in 4 contracts

Samples: Cooperation and Facilitation Investment Agreement, Cooperation and Facilitation Investment Agreement, Cooperation and Facilitation Investment Agreement

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Prudential Measures. 1. Nothing in this Agreement Chapter shall be construed to prevent a any Party from adopting adopt or maintaining maintain prudential measures, such as: (a) The protection of investors, depositors, market participants financial market participantsinstitution, policy- holderspolicyholder, policy-claimantspolicy beneficiaries, or persons to with whom any financial institution has a fiduciary duty is owed by a financial institutionobligation; (b) The maintenance of the safetysecurity, soundness, solvency, integrity or financial responsibility of financial institutions; , and (c) Ensuring To guarantee the integrity and stability of a Party's financial system. 2. Where such When these measures do not conform with to the provisions of this AgreementChapter, they are not shall not be used as a means of circumventing the commitments or obligations of assumed by the Party under in the framework of this AgreementChapter.

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

Prudential Measures. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining prudential measures, such as: a) The protection of investors, depositors, financial market participants, policy- holderspolicyholders, policy-claimants, or persons to whom a fiduciary duty is owed by a financial institution; b) The maintenance of the safety, soundness, integrity or financial responsibility of financial institutions; and c) Ensuring the integrity and stability of a Party's financial system. 2. Where such measures do not conform with to the provisions of this Agreement, they shall not be used as a means of circumventing the commitments or obligations of the Party under this Agreement.

Appears in 2 contracts

Samples: Cooperation and Investment Facilitation Agreement, Cooperation and Investment Facilitation Agreement

Prudential Measures. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining prudential measures, such as: a) The the protection of investors, depositors, financial market participants, policy- policy holders, policy-claimants, policy beneficiaries or persons to with whom any financial institution has a fiduciary duty is owed by a financial institutionobligation; b) The maintenance of maintaining the safety, soundness, solvency, integrity or financial responsibility of financial institutions; and c) Ensuring ensuring the integrity and stability of a Party's financial system. 2. Where such measures do are not conform in accordance with the provisions of this Agreement, they shall not be used as a means of circumventing avoiding the commitments or obligations of entered into by the Party under this Agreement.

Appears in 1 contract

Samples: Cooperation and Investment Facilitation Agreement

Prudential Measures. 1. Nothing in this Agreement shall be construed so as to prevent a Party from adopting either party adopts or maintaining maintains prudential measures, measures such as: (a) The protection of investors, depositors, participants in the financial market participantsmarket, policy- holdersholder of policies, policy-claimantsbeneficiaries of policies, or persons to whom a fiduciary duty is owed by a financial institution; (b) The maintenance of the safetysecurity, soundness, soundness, responsibility or integrity or financial responsibility of financial institutions; and (c) Ensuring To ensure the integrity and stability of the financial system of a Party's financial systemparty. 2. Where such measures do not conform with to the provisions of this Agreement, they Agreement shall not be used as a means of circumventing avoiding the commitments or obligations of undertaken by the Party parties under this Agreement.

Appears in 1 contract

Samples: Cooperation Agreement

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Prudential Measures. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining measures in a non-discriminatory manner relating to financial services for prudential measuresreasons14, such asincluding: (a) The the protection of investors, depositors, policy holders, policy claimants, as well as financial market participants, policy- holders, policy-claimants, or persons to whom a fiduciary duty is owed by a financial institution; (b) The maintenance of the safety, soundness, integrity or financial responsibility of financial institutions; and c) Ensuring ensuring the integrity and stability of a Party's ’s financial system. 2. Where such The measures do not conform with the provisions of this Agreement, they taken by a Party pursuant to Paragraph 1 shall not be used as a means of circumventing avoiding the commitments or obligations of the Party under this Agreement.

Appears in 1 contract

Samples: Investment Agreement

Prudential Measures. 1. Nothing in this Agreement shall be construed to prevent a Party from adopting or maintaining measures in a non-discriminatory manner relating to financial services for prudential measuresreasons (14), such asincluding: (a) The the protection of investors, depositors, policy holders, policy claimants, as well as financial market participants, policy- holders, policy-claimants, or persons to whom a fiduciary duty is owed by a financial institution; (b) The maintenance of the safety, soundness, integrity or financial responsibility of financial institutions; and c) Ensuring ensuring the integrity and stability of a Party's financial system. 2. Where such The measures do not conform with the provisions of this Agreement, they taken by a Party pursuant to Paragraph 1 shall not be used as a means of circumventing avoiding the commitments or obligations of the Party under this Agreement.

Appears in 1 contract

Samples: Investment Promotion and Protection Agreement

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