Purposes of Chapter. 1. To enable the Bank to fulfill its purpose and carry out the functions entrusted to it, the status, immunities, privileges and exemptions set forth in this Chapter shall be accorded to the Bank in the territory of each member. 2. Each member shall promptly take such action as is necessary to make effective in its own territory the provisions set forth in this Chapter and shall inform the Bank of the action which it has taken.
Appears in 14 contracts
Sources: Articles of Agreement, Articles of Agreement (Asian Infrastructure Investment Bank), Articles of Agreement (Asian Infrastructure Investment Bank)
Purposes of Chapter. 1. To enable the Bank to fulfill fulfil its purpose and carry out the functions entrusted to itwith which it is entrusted, the status, immunities, privileges and exemptions set forth in this Chapter shall be accorded to the Bank in the territory of each membermember country.
2. Each member shall promptly take such action as is necessary to make effective in its own territory the provisions set forth in this Chapter and shall inform the Bank of the action which it has taken.
Appears in 2 contracts
Sources: Agreement Establishing the European Bank for Reconstruction and Development, Charter of the Ebrd
Purposes of Chapter. 1. To enable the Bank to fulfill its purpose and carry out the functions entrusted to it, the status, immunities, privileges and exemptions set forth in this Chapter shall be accorded to the Bank in the territory of each membermem- ber.
2. Each member shall promptly take such action as is necessary to make effective in its own territory the provisions pro- visions set forth in this Chapter and shall inform the Bank of the action which it has taken.
Appears in 1 contract
Sources: Articles of Agreement
Purposes of Chapter. 1. To enable the Bank to fulfill fulfil its purpose and carry out the functions entrusted to itwith which it is entrusted, the status, immunities, privileges and exemptions set forth in this Chapter chapter shall be accorded to the Bank in the territory of each membermember country.
2. Each member shall promptly take such action as is necessary to make effective in its own territory the provisions set forth in this Chapter and shall inform the Bank of the action which it has taken.
Appears in 1 contract
Sources: Agreement Establishing the European Bank for Reconstruction and Development (Ebrd)