SUSPENSION OF OPERATIONS. In an emergency the Board of Executive Directors may suspend operations in respect of new investments, loans and guarantees until such time as the Board of Governors has the opportunity to consider the situation and take pertinent measures.
Appears in 2 contracts
Samples: Agreement Establishing the Inter American Investment Corporation, Agreement Establishing the Inter American Investment Corporation
SUSPENSION OF OPERATIONS. In an emergency emergency, the Board of Executive Directors may suspend operations in respect of new investments, loans and guarantees and grants until such time as the Board of Governors has the Directors may have an opportunity to consider the situation and take pertinent measures.
Appears in 2 contracts
Samples: Agreement Concerning the Establishment of a North American Development Bank, Agreement Concerning the Establishment of a North American Development Bank
SUSPENSION OF OPERATIONS. In an emergency the Board of Executive Directors may suspend operations in respect of new investmentsloans, loans guarantees and guarantees grants until such time as the Board of Governors has the Directors may have an opportunity to consider the situation and take pertinent measures.
Appears in 2 contracts
Samples: Protocol of Amendment, Protocol of Amendment
SUSPENSION OF OPERATIONS. In an emergency the Board of Executive Directors may suspend operations in respect of new investments, loans financing and guarantees until such time as the Board of Governors General Assembly has the opportunity to consider the situation and take pertinent measures.
Appears in 1 contract
Samples: Agreement Establishing the International Islamic Trade Finance Corporation (Itfc)
