Common use of Use of Resources Clause in Contracts

Use of Resources. The resources and facilities of the Bank shall be used exclusively to implement the purpose and functions set forth, respectively, in Articles 1 and 2, and in accordance with sound banking principles.

Appears in 15 contracts

Sources: Articles of Agreement, Articles of Agreement (Asian Infrastructure Investment Bank), Articles of Agreement (Asian Infrastructure Investment Bank)

Use of Resources. The resources and facilities of the Bank shall be used exclusively to implement the purpose and functions set forth, respectively, forth respectively in Articles 1 and 2, and in accordance with sound banking principles2 of this Agreement.

Appears in 6 contracts

Sources: Asian Development Bank Agreement, Asian Development Bank Act 1966, Agreement Establishing the Asian Development Bank

Use of Resources. The resources and facilities of the Bank shall be used exclusively to implement the purpose and functions set forth, respectively, forth respectively in Articles 1 2 and 2, and in accordance with sound banking principles3 of this Agreement.

Appears in 5 contracts

Sources: Agreement on the New Development Bank, Agreement on the New Development Bank, Agreement on the New Development Bank

Use of Resources. The resources and facilities of the Bank shall be used exclusively to implement the purpose and functions set forth, respectively, forth in Articles articles 1 and 2, and in accordance with sound banking principles2 of this Agreement.

Appears in 3 contracts

Sources: Agreement Establishing the African Development Bank, Agreement Establishing the African Development Bank, Agreement Establishing the African Development Bank