Common use of Status of the Bank Clause in Contracts

Status of the Bank. The Bank shall possess full juridical personality and, in particular, the full legal capacity: (i) to contract; (ii) to acquire, and dispose of, immovable and movable property; (iii) to institute and respond to legal proceedings; and (iv) to take such other action as may be necessary or useful for its purpose and activities.

Appears in 12 contracts

Samples: Articles of Agreement, Articles of Agreement, Articles of Agreement

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Status of the Bank. The Bank shall possess full juridical personality personality, and, in particular, the full legal capacity: (i) to contract; (ii) to acquire, acquire and dispose of, of immovable and movable property; (iii) to institute and respond to legal proceedings; and (iv) to take such other action as may be necessary or useful for its purpose and activities.

Appears in 4 contracts

Samples: Agreement of the International Bank for Reconstruction and Development, Articles of Agreement, Articles of Agreement

Status of the Bank. The Bank shall possess full juridical personality and, in particular, the full legal capacity: (i) to contract; (ii) to acquire, and dispose of, immovable and movable property; (iii) to institute and respond to legal proceedings; and and (iv) to take such other action as may be necessary or useful for its purpose and activities.

Appears in 2 contracts

Samples: Articles of Agreement (Asian Infrastructure Investment Bank), Articles of Agreement (Asian Infrastructure Investment Bank)

Status of the Bank. The Bank shall possess full juridical legal personality and, in particular, the full legal capacity: (i) to contract; (ii) to acquire, and dispose of, immovable and movable property;; and (iii) to institute and respond to legal proceedings; and (iv) to take such other action as may be necessary or useful for its purpose and activities.

Appears in 2 contracts

Samples: Agreement Establishing the European Bank for Reconstruction and Development, Agreement Establishing the European Bank for Reconstruction and Development

Status of the Bank. The Bank shall possess full juridical personality personality, and, in particular, the full legal capacity: : (i) to contract; ; (ii) to acquire, acquire and dispose of, of immovable and movable property; ; (iii) to institute and respond to legal proceedings; and (iv) to take such other action as may be necessary or useful for its purpose and activities.

Appears in 1 contract

Samples: Articles of Agreement

Status of the Bank. The Bank shall possess full juridical legal personality and, in particular, the full legal capacity: (i) to contract; (ii) to acquire, and dispose of, immovable and movable property;; and (iii) to institute and respond to legal proceedings; and (iv) to take such other action as may be necessary or useful for its purpose and activities.. 504 • The Future of the Global Economic Organizations

Appears in 1 contract

Samples: Charter of the Ebrd

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Status of the Bank. The Bank shall possess full juridical legal personality and, in particular, the full legal capacity: (i) to contract; (ii) to acquire, acquire and dispose of, of immovable and movable property;; and (iii) to institute and respond to legal proceedings; and (iv) to take such other action as may be necessary or useful for its purpose and activities.

Appears in 1 contract

Samples: Agreement Establishing the European Bank for Reconstruction and Development (Ebrd)

Status of the Bank. The Bank shall possess full juridical personality personality, and, in particular, the full legal capacity: (i) to contract; (ii) to acquire, acquire and dispose of, of immovable and movable property; (iii) to institute and respond to legal proceedings; and (iv) to take such other action as may be necessary or useful for its purpose and activities.

Appears in 1 contract

Samples: International Monetary Fund and Bank Act

Status of the Bank. The Bank shall possess full juridical legal personality and, in particular, the full legal capacity: : (i) to contract; ; (ii) to acquire, and dispose of, immovable and movable property; ; and (iii) to institute and respond to legal proceedings; and (iv) to take such other action as may be necessary or useful for its purpose and activities.

Appears in 1 contract

Samples: Agreement Establishing the European Bank for Reconstruction and Development

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