#463535
Right to terminate participation
Right to terminate participation
Right to terminate participation
Right to terminate participation
New Member States shall notify the Commission of their intention to terminate by 1 August of the last year of application.
New Member States shall notify the Commission of their intention to terminate by 1 August of the last year of application.
On the request of a participant, the Fund may decide to terminate the effect of the notice with respect to allocations of special drawing rights subsequent to the termination.
On the request of a participant, the Fund may decide to terminate the effect of the notice with respect to allocations of special drawing rights subsequent to the termination.
(a) Any participant may terminate its participation in the Special Drawing Rights Department at any time by transmitting a notice in writing to the Fund at its principal office.
(a) Any participant may terminate its participation in the Special Drawing Rights Department at any time by transmitting a notice in writing to the Fund at its principal office.
The Fund may, by a seventy percent majority of the total voting power, terminate the suspension at any time.
The Fund may, by a seventy percent majority of the total voting power, terminate the suspension at any time.
(c) The Executive Board may, by a majority of the total voting power, terminate such suspension at any time.
(c) The Executive Board may, by a majority of the total voting power, terminate such suspension at any time.
(a) the claimant fails to communicate his statement of claim in accordance with article 23(1), the arbitral tribunal shall terminate the proceedings;
(a) the claimant fails to communicate his statement of claim in accordance with article 23(1), the arbitral tribunal shall terminate the proceedings;
Subject to the provisions of paragraph 11, any new Member State may decide to terminate the application of the scheme at the end of the first or the second year of the period of application with a view to applying the single payment scheme.
Subject to the provisions of paragraph 11, any new Member State may decide to terminate the application of the scheme at the end of the first or the second year of the period of application with a view to applying the single payment scheme.
(e) The Fund may at any time terminate a suspension under (a) or (b) above, provided that a suspension imposed on a participant under (b) above for failure to fulfill the obligations under Article XIX, Section 6(a) shall not be terminated until one hundred eighty days after the end of the first calendar quarter during which the participant complies with the rules for reconstitution.
(e) The Fund may at any time terminate a suspension under (a) or (b) above, provided that a suspension imposed on a participant under (b) above for failure to fulfill the obligations under Article XIX, Section 6(a) shall not be terminated until one hundred eighty days after the end of the first calendar quarter during which the participant complies with the rules for reconstitution.
The par value of a member’s currency established under this Agreement shall cease to exist for the purposes of this Agreement if the member informs the Fund that it intends to terminate the par value.
The par value of a member’s currency established under this Agreement shall cease to exist for the purposes of this Agreement if the member informs the Fund that it intends to terminate the par value.
(1) If, during arbitral proceedings, the parties settle the dispute, the arbitral tribunal shall terminate the proceedings and, if requested by the parties and not objected to by the arbitral tribunal, record the settlement in the form of an arbitral award on agreed terms.
(1) If, during arbitral proceedings, the parties settle the dispute, the arbitral tribunal shall terminate the proceedings and, if requested by the parties and not objected to by the arbitral tribunal, record the settlement in the form of an arbitral award on agreed terms.
A public Limited Liability Company, to be known as “The Industrial and Life Assurance Amalgamation Company Limited” (hereinafter referred to as “The Terminating Company”), shall forthwith be promoted by the Participating Companies and be incorporated and registered pursuant to the provisions of the Companies Acts, 1908 to 1924, for the purpose (inter alia) of taking over and carrying on under the provisions of (inter alia) the Act the Life Assurance business and/or the Industrial Assurance business of the Participating Companies and of such other Company or Companies as the Terminating Company may decide, until such business so taken over by the Terminating Company shall terminate by maturity, lapse or otherwise, of all Policies or by transfer of such Policies as shall not have matured or lapsed to the Permanent Company hereinafter mentioned.
A public Limited Liability Company, to be known as "The Industrial and Life Assurance Amalgamation Company Limited" (hereinafter referred to as "The Terminating Company"), shall forthwith be promoted by the Participating Companies and be incorporated and registered pursuant to the provisions of the Companies Acts, 1908 to 1924, for the purpose (inter alia) of taking over and carrying on under the provisions of (inter alia) the Act the Life Assurance business and/or the Industrial Assurance business of the Participating Companies and of such other Company or Companies as the Terminating Company may decide, until such business so taken over by the Terminating Company shall terminate by maturity, lapse or otherwise, of all Policies or by transfer of such Policies as shall not have matured or lapsed to the Permanent Company hereinafter mentioned.