Common use of Prudential Measures Clause in Contracts

Prudential Measures. 1. Notwithstanding any other provisions of this Agreement, a Contracting Party shall not be prevented from taking prudential measures to ensure and maintain the stability of its financial system. 2. Where the measures taken by a Contracting Party pursuant to paragraph 1 do not conform with this Agreement, they shall not be used as a means of avoiding the obligations of the Contracting Party under this Agreement.

Prudential Measures. 1. Notwithstanding any other provisions of this Agreement, a Contracting Party shall is not be prevented from taking prudential measures relating to ensure and maintain the stability financial services for reasons of its financial systemprudence. 2. Where The measures applied under the measures taken by a Contracting Party pursuant to terms of the preceding paragraph 1 do not conform with of this Agreement, they article shall not be used as a means of specifically avoiding the or just your commitments or obligations of the Contracting Party under this Agreement.