Suspension of Procedures Sample Clauses

Suspension of Procedures. (a) The Central Bank may suspend the Procedures in whole or part with the approval (howsoever obtained) of the Participants in circumstances where continued operation of the Procedures would undermine the operation and stability of the system. (b) During a suspension of Procedures the Central Bank and Participants must attempt to continue operations, to the extent possible, in accordance with the Procedures. (c) During the suspension of Procedures operations will be conducted as determined by the Central Bank following reasonable consultation with the Participants. (d) The Central Bank will restore operation of the Procedures as soon as practicable under immediate advice to the Participants.
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Related to Suspension of Procedures

  • Adoption of Procedures State Street and each Fund may from time to time adopt such procedures as they agree upon, and State Street may conclusively assume that no procedure approved or directed by a Fund, a Fund’s or Portfolio’s accountants or other advisors conflicts with or violates any requirements of the prospectus, articles of incorporation, bylaws, declaration of trust, any applicable law, rule or regulation, or any order, decree or agreement by which the Fund may be bound. Each Fund will be responsible for notifying State Street of any changes in statutes, regulations, rules, requirements or policies which may impact State Street responsibilities or procedures under this Agreement.

  • Suspension and termination of procedure 1. The disputing Parties may agree to suspend the work of the Panel at any time for a period not exceeding 12 months following the date of such agreement. In any event, if the work of the Panel has been suspended for more than 12 months, the authority of the Panel shall lapse, unless the disputing Parties agree otherwise. If the authority of the Panel lapses and the disputing Parties have not reached an agreement on the settlement of the dispute, nothing in this Article shall prevent a Party from requesting a new proceeding regarding the same matter. 2. At any time prior to the release of the Panel report, the Parties may agree to terminate the procedures before a Panel by jointly notifying the chair of the Panel on this respect.

  • Other Procedures To the extent not expressly provided for herein, each Discounted Term Loan Prepayment shall be consummated pursuant to procedures consistent with the provisions in this Subsection 4.4(l), established by the Administrative Agent acting in its reasonable discretion and as reasonably agreed by the Borrower.

  • Duration of Processing Subject to any Section of the DPA and/or the Agreement dealing with the duration of the Processing and the consequences of the expiration or termination thereof, Data Processor will Process Personal Data for the duration of the Agreement, unless otherwise agreed upon in writing.

  • Type of procedure This is a Negotiated Procedure without Prior Publication in application of Article 42 of the Law of 17 June 2016.