Common use of Prudential Measures Clause in Contracts

Prudential Measures. 1. Nothing in this Agreement shall be construed to prevent a Contracting 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 Contracting Party's financial system. 2. Where such measures do not conform to the provisions of this Agreement, they shall not be used as a means of circumventing the commitments or obligations of the Contracting Party under this Agreement.

Appears in 4 contracts

Samples: Investment Cooperation Agreement, Investment Cooperation Agreement, Investment Cooperation Agreement

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Prudential Measures. 1. Nothing in this Agreement shall be construed to prevent a Contracting Party from adopting or maintaining prudential measures, such as: (a) The 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 the maintenance of the safety, soundness, integrity or financial responsibility of financial institutions; and (c) Ensuring ensuring the integrity and stability of a Contracting Party's financial system. 2. Where such measures do not conform to with the provisions of this Agreement, they shall not be used as a means of circumventing the commitments or obligations of the Contracting Party under this Agreement.

Appears in 2 contracts

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

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

Appears in 1 contract

Samples: Cooperation and Investment Facilitation Agreement

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Prudential Measures. 1. Nothing in this Agreement shall be construed to prevent a Contracting Party from adopting or maintaining in a non-discriminatory manner, 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 Contracting Party's financial system. 2. Where such measures do not conform to the provisions of this Agreement, they shall not be used as a means of circumventing the commitments or obligations of the Contracting Party under this Agreement.

Appears in 1 contract

Samples: Cooperation and Facilitation Investment Agreement

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