Bank Notes Clause Samples
Bank Notes. In accordance with Article 105a(1) of this Treaty, the Governing Council shall have the exclusive right to authorize the issue of bank notes within the Community. The ECB and the national central banks may issue such notes. The bank notes issued by the ECB and the national central banks shall be the only such notes to have the status of legal tender within the Community. The ECB shall respect as far as possible existing practices regarding the issue and design of bank notes. CHAPTER IV MONETARY FUNCTIONS AND OPERATIONS OF THE ESCB
Bank Notes. 5 Section 3.4
Bank Notes. Each Representative Agent shall have received a Bank Note payable to the order of each of its Related Lenders, duly authorized, executed and delivered by the Borrower.
Bank Notes