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Clause in sentence

182 examples of Clause in a sentence

The US Congress urged the IMF to invoke the scarce-currency clause against “recalcitrant” surplus countries, but its efforts were in vain.
To redress this state of affairs, the economist Vladimir Masch suggests that the US should pursue a plan of “compensated free trade” (CFT), which essentially amounts to a unilateral activation of the scarce-currency clause.
The MIP’s second flaw is that it lacks the omit protections for debtors that are afforded by the scarce-currency clause.
And the Fund would have its own scarce-currency clause, allowing for member states to discriminate against imports from creditor countries.
The Washington Post has created a new team devoted specifically to covering conflicts of interest within the Trump administration and possible violations of the Emoluments Clause of the US Constitution, which prohibits anyone holding public office from accepting money or gifts from foreign officials.
More important, years later, US courts accepted a novel interpretation of the pari passu clause advanced by holdout creditors (and rejected by virtually all other mainstream participants and practitioners in sovereign finance).
Both PDVSA and the government can also use “exit consents”: changing some of the bonds’ terms – the pari passu clause used by Argentina holdouts, as well as other significant provisions – through agreement with a simple majority of PDVSA bondholders and two-thirds of holders of most government bonds.
For example, all the Union’s future energy agreements should include an “energy security clause” that explicitly outlines a code of conduct and measures to be taken in the event of a supply disruption.
According to the ruling, Trump’s order violates the Constitution’s separation of powers clause, due-process guarantees, and the Tenth Amendment, which states that, “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”
The US House of Representatives and Senate should have impeached him and removed him from office already – for violations of the US Constitution’s emoluments clause, if nothing else.
The eurozone also needs an insolvency code, which would restore credibility to the Lisbon Treaty’s no-bailout clause.
This is significant, because, in May 2010, a group of prominent German economists, led by Joachim Starbatty, commenced litigation before the German Constitutional Court in which they argued that the EU’s assistance to Greece and Europe’s new financial rescue fund violated Article 125, the EU treaty’s so-called “no bailout” clause.
All treaties and commitments – including, crucially, the Maastricht Treaty’s “no bailout” clause – must be respected without exception.
But another course could save the monetary union, without requiring members to transfer sovereignty to Brussels: an ex ante exit clause.
An ex ante exit clause is the best way to accomplish this, because it would establish the ultimate enforcement mechanism: expulsion.
The conditions for activating the clause – the timing and means – would be clearly defined beforehand, and, like the SGP, its conditions could not be changed or suspended.
Such a clause would address the eurozone’s fundamental asymmetries, while preventing any single country from holding the rest hostage by breaking its rules and threatening its survival.
An ex ante exit clause would not undermine European solidarity.
The beauty of such a clause lies in the fact that it does not undercut any country’s sovereignty.
But if a country does not play by the rules over a long period, an ex ante exit clause enforces an ultimate and credible consequence – one so serious that every eurozone country would be motivated to avoid it.
During the negotiations with EU leaders ahead of the referendum, British Prime Minister David Cameron obtained an opt-out clause in the case of a decision to move toward ever-closer union.
The European members of NATO responded by invoking the Article 5 mutual defense clause of the NATO charter and coming to the aid of the US in Afghanistan, where today there are 32,000 NATO troops.
The only exception is a clause, left over from the 1947 General Agreement on Tariffs and Trade (the precursor to the WTO), which permits governments to restrict imports that are produced with prison labor.
There can be no treaty or constitutional clause preventing the establishment of the EFA if the German electorate, as represented by the Bundestag, approves it; otherwise, the ESM could not have been created.
This cannot be done by some cosmetic clause; instead it requires a precise date when serious negotiations will start with Romania and Slovenia; the "second wave" does not have to include all other potential candidates but it does have to demonstrate that the process of enlargement will not stop.
The consolation is that trying to rely on such an escape clause in most atrocity cases would not pass the laugh test.
At Camp David II, former Israeli Prime Minister Ehud Barak cleverly insisted that the first clause of his offer included acceptance of the end of the conflict, which was a problem for Palestinians, given that historic rights remained unresolved.
This could well constitute a violation of the US Constitution’s emoluments clause, which forbids a president from accepting gifts from foreign countries.
This is exactly the opposite of what a sunset clause in the North American Free Trade Agreement would accomplish.
The European Court of Justice ruled that loans to protect financial stability would not violate the Lisbon Treaty’s “no bailout” clause, provided that their terms were “reasonable.”
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