Nepal Rastra Bank definition
Examples of Nepal Rastra Bank in a sentence
The Bank shall obtain all the legal documents and /or other document required for opening of the account and transfer of funds as per the requirement of Nepal Rastra Bank (Central Bank of Nepal) and its internal policy requirement.
The following is specified as an additional matter, within the meaning of Section 12.02 (b) of the General Conditions, to be included in the opinion or opinions to be furnished to the Association, namely, that the Project Agreement and the NRB Subsidiary Grant Agreement have been duly authorized and executed by each of the respective parties thereto, including the Borrower and Nepal Rastra Bank, and are legally binding upon each of such parties, in accordance with their terms.
This shall include, among others, various stocks listed and traded in the Nepal Stock Exchange (NEPSE), bonds issued by public limited companies, and treasury bills (t-bills) and bonds issued by the Nepal Rastra Bank (NRB).
The Borrower shall open and maintain in Dollars a separate special deposit account in Nepal Rastra Bank, on terms and conditions satisfactory to the Association.
The Borrower and the Association hereby agree that the obligations set forth in Sections 9.03, 9.04, 9.05, 9.06, 9.07 and 9.08 of the General Conditions (relating to insurance, use of goods and services, plans and schedules, records and reports, maintenance and land acquisition, respectively) shall be, or caused to be, carried out, by Nepal Rastra Bank pursuant to the provisions of Section 2.03 of the Project Agreement.