Accession Negotiations Sample Clauses

Accession Negotiations. Any WTO member may accede to the GPA on terms agreed between that member
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Accession Negotiations. Any WTO member may accede to the GPA on terms agreed between that member and all GPA parties. Since the GPA entered into force in 1996, its membership has grown from 23 to 48 parties (counting EU members separately). The GPA accession process is based on negotiations with the acceding member on the procurement that it will cover and a determination by the GPA parties that its procurement system complies with the GPA. Many members that have joined the WTO since
Sample 1Sample 2
Accession Negotiations. Any WTO member may
Sample 1
Accession Negotiations. We begin the analysis by considering the stage 2 accession game, given the tariffs negotiated by countries 1 and 2 in stage 1. In light of the symmetry in endowments across the three countries, we can restrict attention to the case in which the initial trade agreement specifies ¯t 12 = ¯t 21 . We denote this tariff imposed on trade between member countries in goods 1 and 2 as tm. The MFN principle will ensure that if an agreement is reached, t13 = t23 = tm. Similarly, country 3 must apply the same tariffs to imports from countries 1 and 2 if it becomes a member, so the tariff negotiated between 3 and the members can be denoted ta = t31 = t32. The negotiations in this accession will involve offers of tariff reductions by the acceding country in return for receiving MFN access to the member markets. The payoff to a member country under an agreement can thus be expressed as W m(t m,t a) = W 1(t m,t m,t m,t m,t a,t a) , and the payoff to the acceding country is W a(t m,t a) = W 3(t m,t m,t m,t m,t a,t a) . Utilizing (1), (3), and (4) yields the following results: Lemma 1: For values of tm and ta that are not prohibitive, (a) The payoff to the representative member country, Wm(tm, ta), (i) is concave in tm and attains a maximum at t˜m = (x + (6 -7)y - c)/7, where tN > t˜m (ii) is convex and decreasing in ta (b) The payoff to the acceding country, Wa(tm, ta), (i) is concave in ta and achieves a maximum at ta = tN > tC (ii) is convex and decreasing in tm for tariffs that are not prohibitive Note that for the existing members of the agreement, the tariff that maximizes member welfare is less 1j than the Xxxx value. Specifically, for country 1 the Xxxx tariff satisfies 6S 1(t N,t N)/6t = 0 for j = 2,3. In contrast, 6W m/6t m = Σ j'2,3 6S 1(t m,t m)/6t 1j + Σ j0{1,3} 6S 1(t m,t m)/6t 2j , where the second term reflects the effect on country 1 of an increased tariff on its exports to the partner country’s market and must be negative. Therefore, the optimal value of tm will be less than the Xxxx tariff. Reductions in tm reflect reciprocal tariff reductions by members, so each of the original members benefits from reductions in the other’s tariffs. Note however that the optimal tariff for the members will exceed the cooperative level defined in (4) because members do not internalize the benefits of tariff reductions on the non- member. In the event that 3 does not become a member, country 3 will impose its optimal tariff on imports from both 1 and 2, which yields t3i =...
Sample 1

Related to Accession Negotiations

  • ACKNOWLEDGEMENT AND PROTECTION OF INTELLECTUAL PROPERTY RIGHTS 1. Licensee acknowledges that all Intellectual Property Rights in the Licensed Material are the property of the Publisher or duly licensed to the Publisher and that this Licence Agreement does not assign or transfer to the Licensee any right, title or interest therein except for the right to access and use the Licensed Material in accordance with the terms and conditions of this Licence Agreement. 2. For the avoidance of doubt, the Publisher hereby acknowledges that any database rights created by the Licensee or the Institutions as a result of Local Hosting, text mining or data mining of the Licensed Material shall be the property of the Licensee, or the Institution.

  • Definition of Intellectual Property For the purposes of this Agreement, the term “intellectual property” refers to all categories of intellectual property that are the subject of Articles 6.6 (Trademarks) to 6.11 (Undisclosed Information / Measures Related to Certain Regulated Products).

  • Accession to Guaranty The New Guarantor hereby agrees that it is a “Guarantor” under that certain Guaranty dated as of November 20, 2012 (as amended, supplemented, restated or otherwise modified from time to time, the “Guaranty”), made by the Guarantors party thereto in favor of the Administrative Agent, for its benefit and the benefit of the other Guarantied Parties, and assumes all obligations of a “Guarantor” thereunder and agrees to be bound thereby, all as if the New Guarantor had been an original signatory to the Guaranty. Without limiting the generality of the foregoing, the New Guarantor hereby: (a) irrevocably and unconditionally guarantees the due and punctual payment and performance when due, whether at stated maturity, by acceleration or otherwise, of all Guarantied Obligations (as defined in the Guaranty); (b) makes to the Administrative Agent and the other Guarantied Parties as of the date hereof each of the representations and warranties contained in Section 5. of the Guaranty and agrees to be bound by each of the covenants contained in Section 6. of the Guaranty; and

  • Opinion of Intellectual Property Counsel for the Company Xxxxxx Xxxxxxx Xxxxxxxx & Xxxxxx, Professional Corporation, intellectual property counsel for the Company, shall have furnished to the Representatives, at the request of the Company, their written opinion, dated the Closing Date or the Additional Closing Date, as the case may be, and addressed to the Underwriters, in form and substance reasonably satisfactory to the Representatives.

  • RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT Borrower hereby ratifies, confirms, and reaffirms, all and singular, the terms and conditions of the IP Agreement and acknowledges, confirms and agrees that the IP Agreement contains an accurate and complete listing of all Intellectual Property.

  • Possession of Intellectual Property The Company and its subsidiaries own or possess, or can acquire on reasonable terms, adequate patents, patent rights, licenses, inventions, copyrights, know-how (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures), trademarks, service marks, trade names or other intellectual property (collectively, “Intellectual Property”) necessary to carry on the business now operated by them, and neither the Company nor any of its subsidiaries has received any notice or is otherwise aware of any infringement of or conflict with asserted rights of others with respect to any Intellectual Property or of any facts or circumstances which would render any Intellectual Property invalid or inadequate to protect the interest of the Company or any of its subsidiaries therein, and which infringement or conflict (if the subject of any unfavorable decision, ruling or finding) or invalidity or inadequacy, singly or in the aggregate, would result in a Material Adverse Effect.

  • Further Assurances; Post-Closing Cooperation (a) Subject to the terms and conditions of this Agreement, at any time or from time to time after the Closing, at Purchaser's request and without further consideration, the Company shall execute and deliver to Purchaser such other instruments of sale, transfer, conveyance, assignment and confirmation, provide such materials and information and take such other actions as Purchaser may reasonably deem necessary or desirable in order more effectively to transfer, convey and assign to Purchaser, and to confirm Purchaser's title to, all of the Assets (including, without limitation, the delivery to Purchaser of fully executed Uniform Commercial Code amendment or termination statements relating to the Assets as Purchaser shall request), and, to the full extent permitted by Law, to put Purchaser in actual possession and operating control of the Business and the Assets and to assist Purchaser in exercising all rights with respect thereto, and otherwise to cause the Company to fulfill its obligations under this Agreement. (b) Following the Closing, the Company and Purchaser will afford the other party, its counsel and its accountants, during normal business hours, reasonable access to the books, records and other data relating to the Business in its possession with respect to periods prior to the Closing and the right to make copies and extracts therefrom, to the extent that such access may be reasonably required by the requesting party in connection with (i) the preparation of Tax Returns, (ii) the determination or enforcement of rights and obligations under this Agreement, (iii) compliance with the requirements of any Governmental or Regulatory Authority including without limitation the Commission, (iv) the determination or enforcement of the rights and obligations of any party to this Agreement and (v) in connection with any actual or threatened Action or Proceeding. Further, the Company and Purchaser agree for a period extending six (6) years after the Closing Date not to destroy or otherwise dispose of any such books, records and other data unless such party shall first offer in writing to surrender such books, records and other data to the other party and such other party shall not agree in writing to take possession thereof during the ten (10) day period after such offer is made. (c) If, in order properly to prepare its Tax Returns, other documents or reports required to be filed with Governmental or Regulatory Authorities or its financial statements or to fulfill its obligations hereunder, it is necessary that the Company or Purchaser be furnished with additional information, documents or records relating to the Business not referred to in paragraph (b) above, and such information, documents or records are in the possession or control of the other party, such other party shall use its commercially reasonable efforts to furnish or make available such information, documents or records (or copies thereof) at the recipient's request, cost and expense. (d) Notwithstanding anything to the contrary contained in this Section, if the Company and Purchaser are in an adversarial relationship in litigation or arbitration, the furnishing of information, documents or records in accordance with paragraphs (b) and (c) of this Section shall be subject to applicable rules relating to discovery.

  • Accession 1. Any State, Member of the European Free Trade Association, may accede to this Agreement, provided that the Joint Committee decides to approve its accession, to be negotiated between the acceding State and the Parties concerned, on such terms and conditions as may be set out in that decision. The instrument of accession shall be deposited with the Depositary. 2. In relation to an acceding State, this Agreement shall enter into force on the first day of the third month following the deposit of its instrument of accession.

  • ADDITIONAL SPECIAL CONTRACT CONDITIONS Special Contract Conditions revisions: the corresponding subsections of the Special Contract Conditions referenced below are replaced in their entirety with the following:

  • Opinion of Intellectual Property Counsel On each of the First Closing Date and each Option Closing Date, the Representatives shall have received the opinion of Xxxxx Day LLP, counsel for the Company with respect to certain intellectual property matters, dated as of such date, in the form attached hereto as Exhibit B-1 and to such further effect as the Representatives shall reasonably request.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!