Special Reserve. The amount of commissions received by the Bank under Sections 4 and 5 of this Article shall be set aside as a special reserve, which shall be kept available for meeting liabilities of the Bank in accordance with Section 7 of this Article. The special reserve shall he held in such liquid form, permitted under this Agreement, as the Executive Directors may decide.
Appears in 3 contracts
Samples: Articles of Agreement of the International Bank for Reconstruction and Development, Articles of Agreement of the International Bank for Reconstruction and Development, Articles of Agreement of the International Bank for Reconstruction and Development
Special Reserve. The amount of commissions received by the Bank under Sections 4 and 5 of this Article shall be set aside as a special reserve, which shall be kept available for meeting liabilities of the Bank in accordance with Section 7 of this Article. The special reserve shall he be held in such liquid form, permitted under this Agreementagreement, as the Executive Directors may decide.
Appears in 1 contract
Samples: Articles of Agreement
