What Is An Article In An Agreement

The money the Fund receives from a resilient participant is used by the Fund to exchange special drawing rights held by participants in proportion to the amount of each participant`s participation in special drawing rights at the time the Fund receives the coin for its cumulative net allocation. Special drawing rights thus collected and special drawing rights received by a participant terminate, in accordance with the provisions of this agreement, in order to satisfy any waterproofing agreement or scheduleD rates due and charged at this rate are void. After the expiry of the deadline, the Fund pays interest on all remaining balances of the special drawing rights held by a terminating participant, and the terminating member pays a fee for all remaining commitments due to the Fund at the hours and rates prescribed in Article XX. Payment is made in special drawing rights. A resilient participant is authorized to obtain special drawing rights with a freely usable currency to pay fees or investments in a transaction with a designated participant by the Fund or in agreement with another holder, or to hold special drawing rights that he or she received as an interest in a transaction with a designated participant pursuant to Article XIX , Section 5 or in agreement with another holder. Break a section. If a section or subsection is more than six to ten lines long, you must divide it into separate subsections. In American-style contracts, the demarcation point would be much later (z.B twenty lines) or no criterion at all. If the other sections of the same article deal with different topics, it is recommended that the section be discontinued and the numbering of the second part removed. The existence of agreements does not necessarily mean that the transaction has been completed! Formal agreement between two or more parties to do something. No. 4188 – Agreements between Roger Watkinson and William Mason regarding the sale of a property in Walkeringham from Watkinson to Mason; April 1, 1775 In addition to the commitments made under other articles of this agreement, each member assumes the obligations under this article. If a member has entered into an agreement with the Fund in accordance with point 3 above, the Fund uses the currencies of other members distributed among that member in accordance with point 2 (d) to repay that member`s currency awarded to other members who have entered into agreements with the Fund under 3.

Each amount thus collected is cashed in the currency of the member to whom it has been allocated.

  • April 15, 2021
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