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agreement Amendments amount of contingent Annex appointed approval arbitration Article 11 Article 24 Article 57 assets Bank bilateral investment treaties capital stock Category Chapter conciliation contingent liability contract of guarantee Convention establishes Council coverage decision depository determined developing countries developing member countries elected eligible entry into force ESTABLISHING THE MULTILATERAL export credit agency foreign investment freely usable currency Governors guarantee operations guarantee or reinsurance guaranteeing investments Guarantees of Sponsored holder host country host government International Finance Corporation International Monetary Fund Investment Guarantee Agency investor issued member concerned ment Multilateral Investment Guarantee National and Regional non-commercial risks Number of Shares obligations parties percent political risk insurers President and staff private insurers promote pursuant refund Regional Entities regulations reinsurance cover reinsured entity respect Schedule Section Special Drawing Rights special majority sponsored investments sponsoring member sponsorship operations Sponsorship Trust Fund subrogation subscribed capital supplementary votes Suspension of Membership territories tion total voting power Tribunal
Page 69 - Bank, wherever located and by whomsoever held, shall be immune from search, requisition, confiscation, expropriation or any other form of seizure by executive or legislative action.
Page 15 - The Bank and its officers shall not interfere in the political affairs of any member; nor shall they be influenced in their decisions by the political character of the member or members concerned. Only economic considerations shall be relevant to their decisions, and these considerations shall be weighed impartially in order to achieve the purposes stated in Article I.
Page 34 - Execution of the award shall be governed by the laws concerning the execution of judgments in force in the State in whose territories such execution is sought.
Page 20 - Bank (including any dividend or interest thereon) by whomsoever held — (i) which discriminates against such obligation or security solely because it is issued by the Bank; or (ii) if the sole jurisdictional basis for such taxation is the place or currency in which it is issued, made payable or paid, or the location of any office or place of business maintained by the Bank.
Page 22 - Bank may suspend its membership by decision of a majority of the Governors, exercising a majority of the total voting power. The member so suspended shall automatically cease to be a member one year from the date of its suspension unless a decision is taken by the same majority to restore the member to good standing.
Page 19 - Actions may be brought against the Bank only in a court of competent jurisdiction in the territories of a member in which the Bank has an office, has appointed an agent for the purpose of accepting service or notice of process, or has issued or guaranteed securities.
Page 15 - President shall, subject to the paramount importance of securing the highest standards of efficiency and of technical competence, pay due regard to the importance of recruiting personnel on as wide a geographical basis as possible.
Page 14 - The Board of Governors shall hold an annual meeting and such other meetings as may be provided for by the Board or called by the Executive Directors.