Secretary's Note. On this date, the Shipowner has duly executed and delivered and the Secretary has accepted the Secretary's Note payable in an amount equal to the principal amount of the Obligations.
Secretary's Note. 16 SECTION 3.02. Termination of the Guarantees...............................16 SECTION 3.03. Execution of Additional Secretary's Note....................17
Secretary's Note. 1/ Number increased to five, with the addition of Anguilla on May 4, 1982, for the purpose of Articles 26 and 32.
Secretary's Note. This Addendum is not part of the Agreement but is included for convenience. The States and Territories parties to the Agreement establishing the Caribbean Development Bank (hereinafter referred to as “the Agreement”) hereby agree that notwithstanding the provisions of article 58 of the Agreement, paragraph 1 of Article 36 of the Agreement may be amended at the Inaugural Meeting of the Board of Governors of the Caribbean Development Bank by a Resolution (on a motion which shall not be subject to amendment and moved by the Governor for Jamaica) approved by the vote of a simple majority of the governors present and voting thereon representing more than one-half of the voting powers of the governors present and voting thereon.1/
Secretary's Note. 1/ Paragraph 1 of Article 36 of the Agreement was not amended.
Secretary's Note. The Contents are not part of the Agreement but are included for convenience Limitations of Operations 15 Operating Principles 16 Terms and Conditions for Direct Loans and Guarantees 19 Commission and Fees 19 Special Reserve 20 Methods of Meeting Liabilities of the Bank 20 General Powers 23 Notice to be Placed on Securities 25 Valuation of Currencies and Determination of Convertibility 27 Use of Currencies 27 Maintenance of Value of the Currency Holdings of the Bank 28 Structure 31 Board of Governors: Composition 31 Board of Governors: Powers 32 Board of Governors: Procedure 33 Board of Directors: Composition 34 Board of Directors: Powers 35 Board of Directors: Procedure 36 Voting 36 The President 37 The Vice-Presidents 38 International Character of the Bank: Prohibition of Political Activity 38 Office of the Bank 39 Channel of Communications, Depositories 39 Official Language and Reports 40 Allocation of Net Income 40 Withdrawal 43 Suspension of Membership 43 Settlement of Accounts 44 Temporary Suspension of Operations 46 Termination of Operations 46 Liability of Members and Payment of Claims 47 Distribution of Assets 47 Purpose of Charter 49 Legal Status 49 Legal Process 49 Immunity of Assets 50 Immunity of Archives 51 Freedom of Assets from Restrictions 51 Privilege for Communications 51 Immunities and Privileges of Bank Personnel 51 Exemption from Taxation 52 Implementation 53 Waiver of Immunities, Exemptions and Privileges 54 Amendments 55 Interpretation and Application 56 Arbitration 56 Approval Deemed Given 57 Signature and Deposit 59 Ratification, Acceptance, Accession and Acquisition of Membership 59 Entry into Force 61 Inaugural Meeting 61 Capital Stock of the Bank - Addendum to Annex A - Authorized Capital Stock of the Bank B - Selection of Directors - Addendum to Annex B - Rules of Procedure for the Selection of Directors
Secretary's Note. 16 SECTION 3.02.
