Common use of The Bank may Clause in Contracts

The Bank may. (i) set aside, by a vote of two-thirds of the total number of Governors, representing at least three-fourths of the total voting power of the members, not more than ten (10) per cent each of the portion of the unimpaired paid-in capital of the Bank paid by members pursuant to paragraph 2(a) of Article 6 and of the portion thereof paid pursuant to paragraph 2(b) of Article 6, and establish there with one or more Special Funds; and (ii) accept the administration of Special Funds which are designed to serve the purpose and come within the functions of the Bank.

The Bank may. (i) set aside, by a vote of two-thirds of the total number of Governors, representing at least three-fourths of the total voting power of the members, not more than ten (10) per cent each of the portion of the unimpaired paid-in capital of the Bank paid by members pursuant to paragraph 2(a2 (a) of Article 6 and of the portion thereof paid pursuant to paragraph 2(b2 (b) of Article 6, and establish there with therewith one or more Special Funds; and (ii) accept the administration of Special Funds which are designed to serve the purpose and come within the functions of the Bank.

The Bank may. (i) set aside, by a vote of two-thirds of the total number of Governors, representing at least three-fourths fourth, of the total voting power of the members, not more than ten (10) per cent each of the portion of the unimpaired paid-in capital of the Bank paid by members pursuant to paragraph 2(a2 (a) of Article 6 and of the portion thereof paid pursuant to paragraph 2(b2 (b) of Article 6, and establish there with therewith one or more Special Funds; and (ii) accept the administration of Special Funds which are designed to serve the purpose and come within the functions of the Bank.