Payments on Subscription Clause Samples

Payments on Subscription. (a) Before accepting membership in the Bank, Zambia shall pay to the Bank on account of the subscription price of one-half of such shares: (i) Gold or United States dollars equal to 2% thereof; and (ii) An amount in its own currency which, at the appropriate prevailing exchange rate, shall be equal to 18% thereof. (b) With respect to the subscription price of the other one-half of such shares, the 2% portion payable in gold or United States dollars and the 18% portion payable in the currency of the member shall be left uncalled, as set forth in Resolution No. 129, on the same basis as the 2% and 18% portions of subscriptions made pursuant to Resolution No. 128 of the Board of Governors.
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Payments on Subscription. Before accepting membership in the Corporation, New Zealand shall pay $923,000 to the Corporation in full payment of the capital stock subscribed.
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Payments on Subscription. (a) Before accepting membership in the Bank, New Zealand shall pay to the Bank on account of the subscription price of one- half of such shares: 74 International Finance Agreements FIFTH SCHEDULE-continued (b) With respect to the subscription price of the other one-half of such shares, the 2% portion payable in gold or United States dollars and the 18% portion payable in the currency of the member shall be left uncalled, as set forth in Resolution No. 129, on the same basis as the 2% and 18% portions of sub- scriptions made pursuant to Resolution No. 128 of the Board of Governors.
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Payments on Subscription. (a) before accepting membership in the bank, malaysia shall pay to the bank— (i) Gold or united states dollars equal to 2 per cent of its subscription; and (ii) an amount in the currency of malaysia which, at the appropriate prevailing exchange rate, shall be equal in value to 18 per cent of its subscription. (b) malaysia shall agree that, if it tenders any part of the payment called for in paragraph (a)(i) above in gold, the bank shall have the right to reject any such gold which, in its opinion, may not be sold freely and unconditionally by the bank to members requiring certification or other evidence as to the origin of gold purchased by them.
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Payments on Subscription. (a) Before accepting membership in the Bank, Ceylon T shall pay to the Bank: (i) Gold or United States dollars equal to 2 per cent of its subscription, without any right to postpone payment of any part thereof under Section 8 (a) of Article II of the Articles ; and (ii) An amount in the currency of Ceylon f which at the appropriate prevailing exchange rate, shall be equal in value to 18 per cent of its subscription. (b) Ceylon f shall agree that, if it tenders any part of the payment called for in paragraph (a) (i) above in gold, the Bank shall have the right to reject any such gold which, in its opinion, may not be sold freely and unconditionally by the Bank to members requiring certification or other evidence as to the origin of gold purchased by them.
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Related to Payments on Subscription

  • Payments on Notes 37 Section 14.1. Place of Payment................................................................................ 37 Section 14.2. Home Office Payment........................................................................ 37 SECTION 15.

  • Subscription Fees The Subscription Fee for Smart Configure, Price, Quote will remain fixed during the Subscription Term unless you: (i) exceed the Scope specified in the Order, (ii) give written notice for additional quantities of a Standard Sandbox and/or a Performance Sandbox, (iii) upgrade to a higher Edition package, (iv) subscribe to additional features or products, or (v) unless otherwise agreed to in the Order. Once increased as detailed above, your Subscription Fee will not decrease, even if there is a subsequent reduction in the actual Scope. You can learn more about how your fees may be otherwise adjusted in the 'Fees Adjustments' section below.

  • TERMS OF SUBSCRIPTION Pending acceptance of this subscription by the Company, all funds paid hereunder shall be deposited by the Company and immediately available to the Company for its general corporate purposes.

  • Subscription Fee Customer shall pay to Service Provider in consideration for Service Provider providing the Services, the subscription fee as agreed upon in the Order Form.

  • Payments in U.S. Dollars All payments due under this Agreement shall be drawn on a United States bank and shall be payable in United States dollars. Conversion of foreign currency to U.S. dollars shall be made at the conversion rate existing in the United States (as reported in the Wall Street Journal) on the last working day of the calendar quarter of the applicable REPORTING PERIOD. Such payments shall be without deduction of exchange, collection, or other charges, and, specifically, without deduction of withholding or similar taxes or other government imposed fees or taxes, except as permitted in the definition of NET SALES.