Common use of Amendments to the by Laws Clause in Contracts

Amendments to the by Laws. Pursuant to applicable regulations, the approval of the actions described under section I above necessitates resulting amendments to the Bank's By-Laws. Accordingly, in its meeting held on July 9, 2018, the Board of Directors resolved to propose to the General Assembly to approve, upon its approval of each or all of the actions described above, the amendment of Articles 6 and 8 of the Bank's By-Laws to reflect the matters specified under section I above.

Appears in 1 contract

Sources: Deposit Agreement

Amendments to the by Laws. Pursuant to applicable regulations, the approval of the actions described under section sections I above and II above, respectively, in each case, necessitates resulting amendments to the Bank's ’s By-Laws. Accordingly, in its meeting held on July 9February 5, 20182010, the Board of Directors resolved to propose to the General Assembly to approve, upon its approval of each either or all both of the actions described above, the amendment of Articles 6 and 8 of the Bank's By-Laws to reflect the matters specified under section I abovetherein.

Appears in 1 contract

Sources: Deposit Agreement

Amendments to the by Laws. Pursuant to applicable regulations, the approval of the actions action described under section I above necessitates resulting amendments to the Bank's ’s By-Laws. Accordingly, in its meeting held on July 9November 10, 20182016, the Board of Directors resolved to propose to the General Assembly to approve, upon its approval of each or all of the actions described above, the amendment of Articles 6 and 8 of the Bank's By-Laws to reflect the such matters as specified under section I above.

Appears in 1 contract

Sources: Deposit Agreement