Advantages and Disadvantages Sample Clauses

Advantages and Disadvantages. One reason for why corporations decide not to use an APA is that while the APA submission serves to determine the arm’s length remuneration for specific transactions, in practice the Dutch tax authority might try to resolve audit issues which are not directly related to the APA submission simultaneously and leverage the final agreement. Netherlands competitive position and its image as a favorable jurisdiction for international business can be greatly enhanced by a tax authority which politely, competently and appropriately determines in an APA whether the corporation has operated at arm’s length principle within the existing legal framework as declared in article 8b of the Corporate Income Tax Act (Xxxxxx, 2002). The APA process in the Netherlands is well established and accessible to all corporations. There are approximately 230 to 280 of APA applications every year and the average duration of the APA process is 54 days (Xxxxx and Xxxxx, 2009).
Sample 1
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Advantages and Disadvantages. We understand that there are advantages as well as disadvantages to the Collaborative Law Process. i. Among the disadvantages of the Process are that (a) if the Process breaks down and litigation ensues, we will likely incur additional expense because of the need to hire new counsel; (b) by agreeing not to go to court, we cannot use formal discovery procedures and therefore must trust in each other’s good faith in exchanging pertinent documents and information; and (c) without the ability to use the authority of the court to prevent the transfer or dissipation of marital assets, we must trust in each other’s compliance with this Agreement regarding those assets. ii. Among the advantages of the Process are that (a) our privacy will be protected; (b) we will be represented by counsel throughout the Process; (c) we will not the use the threat of litigation as a way to force settlement; and (d) we will be supported by a coach and other neutral professionals, as needed.
Sample 1
Advantages and Disadvantages. The use of tools like Excel and Word has the advantage of them not being too complicated to use and being widely available. (Xxxxxx, 2005) The excel version had the advantage that it was easier to keep up with the scores. The assessment part of the game made it possible for the instructor to see where additional attention was needed in the material. The advantage for the students is being able to determine where they are at with their knowledge of the material prior to an exam. Another advantage is that there is only one version of the game needed, which can save preparation time for the instructor. The Excel version is also easier to alter during the class.
Sample 1
Advantages and Disadvantages. The game can motivate students (Xxxxxxx & Xxxxxxx, 2014), because Xxxxxxx and Xxxxx (2009) found that games, like Connect Four, can xxxxxx student interest. They also found that the game can be used across multiple courses and promotes reflective thinking, meaning that students can solve a problem that has many solutions instead of just one. It also makes students think more critical in terms of being ‘ethical’ and ‘professional’. A disadvantage of this method is that the number of participants should be limited in order to let them all participate. In large classes, this can be solved by playing the same game in different groups at the same time.
Sample 1
Advantages and Disadvantages. The game that Xxxx et al. (2001) designed makes it possible to include active learning in a structured lecture environment. The game also allows each student to participate in an equal way. Other advantages are: it facilitates the understanding of the students their material; can be used in large classes; the opportunity to follow-up discussions afterwards; stimulates students to think on their own cultural choices; the game can be used for different topics in the same subject and in various ways; can be used for a wide range of group sizes (groups of 100-350 students or smaller groups of 15-100 students). The downside of this method is the potential lack of control that an instructor could face because of the variance in the potential issues that students might raise. The disadvantages of the potential discussion afterwards can situate itself in the form of non-response, selective response, anonymity or truth telling.
Sample 1
Advantages and Disadvantages. The advantages and disadvantages of using SLA depend not only on general conditions but also on conditions that are specific for each company. We shall describe few of them in order to make SLA decision process easier. Major benefits of SLA are clear definitions of [Xxxxxxx, xx. 133-134]: (1) accountabilities and responsibilities of IT unit and its users; (2) performance standards for IT unit and (3) user requirements and expectations. SLA makes basis for objective evaluation, transparent processing and control, as well as IT unit auditing. Another advantage of SLA is controllability. It makes basis for independent evaluation and audit. Auditing SLA is important for IT governance audit [ISACA-AG6]. When reviewing Board activities, IS auditor should consider whether minutes from Board meetings and Board committee meetings include monitoring of performance against service level agreements. IS auditor should also review the information received by business process owners (such as reports on performance against agreed service levels) and assess its reliability, integrity and potential for management override. SLA makes IT audit easier. The benefits of internal SLA can be of great importance for IT units with low credibility. SLA is also a communication tool. In time, the customer perception of the delivered IT service should improve and credibility should increase. On the other hand, IT specialists’ understanding of what is expected of them should improve as well. SLA defines common language for problem resolution. SLA is a two-way process which formalizes relationships between IT unit and its users, making it transparent and controllable. However, there are some disadvantages of SLA. There might be companies where informal agreement can be as effective and efficient as SLA, since the informal nature of organizations can be very powerful [Xxxx, pg. 497]. In this type of companies, SLA would not get sufficient support from management. But, for smaller companies SLA might really not be necessary, since control is easily maintained through informal process. Another disadvantage of SLA is that it can be costly to negotiate and maintain [Xxxxxxx, xx. 476]. Therefore, some companies made decision to define only service level objectives (SLO) instead of SLA. Some SLA management tools (for example internet SLA tools) automatically measure performance level and produce SLA compliance reports for business and IT management, as well as reports. Even though SLA is closely...
Sample 1
Advantages and Disadvantages 
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Related to Advantages and Disadvantages

  • No Disadvantage No employee shall suffer a reduction in pay as a result of the making of this Agreement. The components used to determine if any financial disadvantage has occurred are wage rates, productivity allowance and excess fares and travel time only. Site allowance, superannuation, redundancy and top-up/24 hour employee insurance contributions will not form part of an employee’s income. Further, this assessment will be based on an ordinary 36-hour working week and no overtime shall be taken into account.

  • No Legal, Tax or Investment Advice Such Purchaser understands that nothing in this Agreement or any other materials presented by or on behalf of the Company to such Purchaser in connection with the purchase of the Shares constitutes legal, tax or investment advice. Such Purchaser has consulted such legal, tax and investment advisors as it, in its sole discretion, has deemed necessary or appropriate in connection with its purchase of the Shares.

  • Tax Consequences It is intended that the Merger shall constitute a “reorganization” within the meaning of Section 368(a) of the Code, and that this Agreement shall constitute a “plan of reorganization” for purposes of Sections 354 and 361 of the Code.

  • Consequences The consequences for the Contractor’s failure to implement its affirmative action plan or make a good faith effort to do so include, but are not limited to, suspension or revocation of a certificate of compliance by the Commissioner, refusal by the Commissioner to approve subsequent plans, and termination of all or part of this Contract by the Commissioner or the State.

  • Adverse Tax Consequences Notwithstanding anything to the contrary in this Agreement, the General Partner shall have the authority (but shall not be required) to take any steps it determines are necessary or appropriate in its sole and absolute discretion to prevent the Partnership from being taxable as a corporation for Federal income tax purposes. In addition, except with the Consent of the General Partner, no Transfer by a Limited Partner of its Partnership Interests (including any Redemption, any conversion of LTIP Units into Partnership Common Units, any other acquisition of Partnership Units by the General Partner or any acquisition of Partnership Units by the Partnership) may be made to or by any Person if such Transfer could (i) result in the Partnership being treated as an association taxable as a corporation; (ii) result in a termination of the Partnership under Code Section 708; (iii) be treated as effectuated through an “established securities market” or a “secondary market (or the substantial equivalent thereof)” within the meaning of Code Section 7704 and the Regulations promulgated thereunder, (iv) result in the Partnership being unable to qualify for one or more of the “safe harbors” set forth in Regulations Section 1.7704-1 (or such other guidance subsequently published by the IRS setting forth safe harbors under which interests will not be treated as “readily tradable on a secondary market (or the substantial equivalent thereof)” within the meaning of Section 7704 of the Code) (the “Safe Harbors”) or (v) based on the advice of counsel to the Partnership or the General Partner, adversely affect the ability of the General Partner to continue to qualify as a REIT or subject the General Partner to any additional taxes under Code Section 857 or Code Section 4981.

  • Disadvantaged Business Enterprises In connection with the performance of this Agreement, the Municipality/Sponsor shall cause its contractors to cooperate with the State in meeting its commitments and goals with regard to the utilization of Disadvantaged Business Enterprises (DBEs) and will use its best efforts to ensure that DBEs will have opportunity to compete for subcontract work under this Agreement. Also, in this connection the Municipality or Municipality/Sponsor shall cause its contractors to undertake such actions as may be necessary to comply with 49 CFR Part 26. As a sub-recipient under 49 CFR Part 26.13, the Municipality/Sponsor hereby makes the following assurance. The Municipality/Sponsor shall not discriminate on the basis of race, color, national origin, or sex in the award and performance of any United States Department of Transportation (USDOT)-assisted contract or in the administration of its Disadvantaged Business Enterprise (DBE) program or the requirements of 49 CFR Part 26. The Municipality/Sponsor shall take all necessary and reasonable steps under 49 CFR Part 26 to ensure nondiscrimination in the award and administration of the United States Department of Transportation-assisted contracts. The New York State Department of Transportation’s DBE program, as required by 49 CFR Part 26 and as approved by the United States Department of Transportation, is incorporated by reference in this agreement. Implementation of this program is a legal obligation and failure to carry out its terms shall be treated as a violation of this agreement. Upon notification to the recipient of its failure to carry out its approved program, the USDOT may impose sanctions as provided for under part 26 and may, in appropriate cases, refer the matter for enforcement under 18 U.S.C. 1001 and/or the Program Fraud Civil Remedies Act of 1986 (31 U.S.C. 3801 et seq.).

  • Conflicts and Pending Action There is no agreement to which Purchaser is a party or to Purchaser’s knowledge binding on Purchaser which is in conflict with this Agreement. There is no action or proceeding pending or, to Purchaser’s knowledge, threatened against Purchaser which challenges or impairs Purchaser’s ability to execute or perform its obligations under this Agreement.

  • No adverse consequences (a) It is not necessary under the laws of its Relevant Jurisdictions: (i) in order to enable any Finance Party to enforce its rights under any Finance Document; or (ii) by reason of the execution of any Finance Document or the performance by it of its obligations under any Finance Document, that any Finance Party should be licensed, qualified or otherwise entitled to carry on business in any of its Relevant Jurisdictions. (b) No Finance Party is or will be deemed to be resident, domiciled or carrying on business in its Relevant Jurisdictions by reason only of the execution, performance and/or enforcement of any Finance Document.

  • No Guarantee of Tax Consequences The Company, Board and Committee make no commitment or guarantee to Participant that any federal, state or local tax treatment will apply or be available to any person eligible for benefits under this Award Agreement and assumes no liability whatsoever for the tax consequences to Participant.

  • Disadvantaged Business Enterprise To the extent authorized by applicable federal laws, regulations, or requirements, the Recipient agrees to facilitate, and assures that each Third Party Participant will facilitate, participation by small business concerns owned and controlled by socially and economically disadvantaged individuals, also referred to as “Disadvantaged Business Enterprises” (DBEs), in the Underlying Agreement as follows:

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