Termination of Operations. 1. The Bank may terminate its operations by a resolution of the Board of Governors approved by a vote of two-thirds of the total number of Governors, representing not less than three-fourths of the total voting power of the members.
Appears in 6 contracts
Samples: Asian Development Bank Agreement, www.legislation.gov.au, Treaty Series
Termination of Operations. 1. The Bank may terminate its operations by a resolution of the Board of Governors approved by a vote of not less than two-thirds of the total number of Governors, governors representing not less than three-fourths of the total voting power of the members.
Appears in 3 contracts
Samples: Agreement, Agreement, www.insdip.com
Termination of Operations. 1. The Bank may terminate its operations in respect of new loans, guarantees and equity investments by a resolution decision of the Board of Governors approved by exercising a vote majority of twoseventy-thirds of the total number of Governors, representing not less than three-fourths five per cent of the total voting power of the memberspower.
Appears in 2 contracts
Samples: www.afdb.org, afdb-org.kr
Termination of Operations. 1. The Bank may terminate its operations by a resolution of the Board of Governors approved by a affirmative vote of two-not less than two- thirds of the total number of Governors, representing not less than three-fourths of the total voting power of the members. Upon such termination of operations the Bank shall forthwith cease all activities, except those incident to the orderly realization, conservation and preservation of its assets and settlement of its obligations.
Appears in 1 contract
Samples: Treaty Series 2007
