Transfers and Payments. 1. Each Party shall permit transfers and payments for current transactions relating to its specific commitments to be made freely and without delay into and out of its territory.
2. Each Party shall permit such transfers and payments relating to the supply of services to be made in a freely usable currency at the market rate of exchange prevailing on the date of transfer.
3. Notwithstanding paragraphs 1 and 2, a Party may prevent or delay a transfer or payment through the equitable, non- discriminatory and good faith application of its laws relating to: (a) bankruptcy, insolvency or the protection of the rights of creditors; (b) issuing, trading or dealing in securities, futures, options, or derivatives; (c) financial reporting or record keeping of transfers when necessary to assist law enforcement or financial regulatory authorities; (d) criminal or penal offences; or
Transfers and Payments. 1. Each Party shall permit all transfers and payments relating to the cross-border supply of services to be made freely and without delay into and out of its territory.
2. Each Party shall permit such transfers and payments relating to the cross-border supply of services to be made in a freely usable currency at the market rate of exchange prevailing on the date of transfer.
3. Notwithstanding paragraphs 1 and 2, a Party may prevent or delay a transfer or payment through the equitable, non- discriminatory, and good faith application of its laws relating to:
(a) bankruptcy, insolvency, or the protection of the rights of creditors;
(b) issuing, trading, or dealing in securities, futures, options, or derivatives;
(c) financial reporting or record keeping of transfers when necessary to assist law enforcement or financial regulatory authorities;
(d) criminal or penal offences; or
(e) ensuring compliance with orders or judgments in judicial or administrative proceedings.
Transfers and Payments. 1. Each Party shall permit all transfers and payments relating to the cross-border supply of services to be made freely and without delay into and out of its territory.8-4 Such transfers and payments include:
(a) payments for services;
(b) funds taken abroad to consume a service;
(c) interest, royalty payments, management fees, licensing fees, and technical assistance and other fees;
(d) payments made under a contract; and
Transfers and Payments. 1. Each Party shall permit transfers and payments for current transactions relating to its specific commitments to be made freely and without delay into and out of its territory.
2. Each Party shall permit such transfers and payments relating to the supply of services to be made in a freely usable currency at the market rate of exchange prevailing on the date of transfer.
3. Notwithstanding paragraphs 1 and 2, a Party may prevent or delay a transfer or payment through the equitable, non-discriminatory and good faith application of its laws relating to:
(a) bankruptcy, insolvency or the protection of the rights of creditors;
(b) issuing, trading or dealing in securities, futures, options, or derivatives;
(c) financial reporting or record keeping of transfers when necessary to assist law enforcement or financial regulatory authorities;
(d) criminal or penal offences; or
(e) ensuring compliance with orders or judgments in judicial or administrative proceedings.
4. Nothing in this Chapter shall affect the rights and obligations of the members of the International Monetary Fund under the Articles of the Agreement of the International Monetary Fund, including the use of exchange actions which are in conformity with the Articles of the Agreement of the International Monetary Fund, provided that a Party shall not impose restrictions on any capital transactions inconsistently with its obligations under this Chapter regarding such transactions, except at the request of the International Monetary Fund.
Transfers and Payments. 1. Each Party shall permit all transfers and payments relating to the cross-border supply of services to be made freely and without delay into and out of its territory.
2. Each Party shall permit such transfers and payments relating to the cross- border supply of services to be made in a freely usable currency at the market rate of exchange prevailing on the date of transfer.
3. Notwithstanding paragraphs 1 and 2, a Party may prevent or delay a transfer or payment through the equitable, non-discriminatory and good faith application of its laws relating to: (a) bankruptcy, insolvency or the protection of the rights of creditors; (b) issuing, trading or dealing in securities, futures, options, or derivatives; (c) financial reporting or record keeping of transfers when necessary to assist law enforcement or financial regulatory authorities; (d) criminal or penal offences; (e) ensuring compliance with orders or judgments in judicial or administrative proceedings; or (f) social security15, public retirement or compulsory savings schemes.
4. Nothing in this Chapter shall affect the rights and obligations of the members of the International Monetary Fund under the Articles of Agreement of the International Monetary Fund, including the use of exchange actions which are consistent with such Articles of Agreement, provided that a Party shall not impose restrictions on any capital transactions inconsistently with its obligations under this Chapter regarding such transactions, except under Article 16.5 (Restrictions to Safeguard the Balance of Payments) or at the request of the International Monetary Fund.
Transfers and Payments. The Annuitant may at any time, in a form deemed satisfactory by the Trustee, request a transfer or a payment permitted under Part 2 or under part 4 of the Addendum.
Transfers and Payments. We may from time to time, limit the number of, the type, and dollar amounts of any checks, drafts, withdrawals, or transfers made by use of our Online Banking service, notwithstanding the amount in your accounts. Limits on the number of transactions that may be performed on your Institution savings or money market accounts are described in the applicable account agreement for such accounts. If a hold has been placed on deposits made to an account from which you wish to transfer funds, you cannot transfer the portion of the funds held until the hold is removed. We may, at our discretion, allow your transfers to be paid and create an overdraft on the account. You agree to immediately reimburse us for the amount of the overdraft, and to pay any overdraft charges that may apply to your account, as set forth in your account agreement and associated disclosures. You authorize Institution to withdraw, debit or charge the necessary funds from your designated Institution account on the date on which you schedule any payment to begin processing or submit a transfer request. You agree that you will instruct us to make a withdrawal only when a sufficient balance is or will be available in your account(s) at the time of the withdrawal. For payments made using the Xxxx Payment service, it is necessary that collected funds be in your account no later than the business day before your Payment Date due to the electronic processing of payments.
Transfers and Payments. 4 2.04. Recording of Sales and Transfers............ 5 2.05. Initial Purchaser's Collection Rights....... 5 2.06.
Transfers and Payments. We shall not be obliged to carry out any transfer or payment instructions unless and until your Account(s) with the Bank has sufficient available funds or credit to pay the relevant amount(s). Funds for all transfers and payments hereunder will be withdrawn from your Account(s) by the next business day or such other day as we may at our absolute discretion determine. The Bank is authorized to act on all instructions from or purporting to be from you unless and until actual notice of a breach in security has been received by the Bank and the Bank has had a reasonable period of time to act upon such notice.
Transfers and Payments. (a) Subject to the terms and ---------------------- conditions set forth herein and the Master Agreement, the Seller shall convey to the Revolving Purchaser on each Revolving Purchase Date, and the Revolving Purchaser shall pay to the Seller the Revolving Purchase Price for, all Portfolio Assets arising directly or indirectly out of Commission Shares of each Fund issued on or after the immediately preceding Purchase Cut-Off Date and prior to the Purchase Cut-Off Date specified in the Purchase Notice for the Revolving Purchase Date in question. One of the two Purchase Cut-Off Dates falling in each calendar month shall be the last Business Day of such calendar month.
(b) The parties agree, to the fullest extent they may lawfully do so, that the Revolving Purchase Price for the purchase and sale of the Revolving Purchaser's Purchased Portfolio Assets relating thereto pursuant to Section 2.03(a) above represents reasonably equivalent value for the transfer of the same by the Seller to the Revolving Purchaser pursuant to this Agreement.
