Common use of Settlement of Payments Clause in Contracts

Settlement of Payments. For the purposes of sub-paragraph (a) of Article 72 of this Treaty, the Member States undertake, until a common central bank is established, to settle all payments in respect of all transactions in goods and services conducted within the Common Market through the Clearing House.

Appears in 4 contracts

Sources: Treaty, Treaty, Agreement Establishing the Common Market for Eastern and Southern Africa (Comesa)

Settlement of Payments. For the purposes of sub-paragraph (a) of Article 72 of this Treaty, the Member States undertake, until a common central bank is established, to settle all payments in respect of all transactions in goods and services conducted within the Common Market through the Clearing House.House.β€Œβ€Œ

Appears in 1 contract

Sources: Comesa Treaty