DESCRIPTION OF OBJECTIVES, MAIN ACTIVITIES AND EXPECTED RESULTS Sample Clauses

DESCRIPTION OF OBJECTIVES, MAIN ACTIVITIES AND EXPECTED RESULTS. The overall objective of the EU support is to improve the employment of young women and men in the country. The target employment rate (15-29) is set at 33,3% while starting level in 2017 is 30,2%. Particularly important is the young women employment rate, which is extremely low compared to the average EU rate i.e. for age group 15-24 – 12.2% (EU average – 33%) and 41.6% for women age 24-29 (EU 74.3) In order to achieve this objective, the Action will invest in improving the employability of young people and in raising their motivation and preparedness to enter on the labour market. This entails achieving the following specific objectives: 1. To improve the quality, relevance and inclusiveness of the national vocational education and training system. The investments will allow the vocational education and training system in the country to start offering high quality education, which is relevant to the current labour market trends and which allows people with special needs to benefit as well. This will result into increased motivation of the VET students to pursue career in the acquired qualification, which will reflect into an increase in the VET enrolment rale and respectively into a decrease of early leavers from education and training. In parallel, the new inclusive teaching framework would allow increase in the enrolment rate of students with special needs). 2. To improve employment opportunities for young women and men. The investments will allow young (inactive) women and men to benefit in a more personalised way from various active employment measures based on their individual needs and capacities and with the support of professional guidance and intermediation. This will result into a significant number of young persons finding a path ahead on the labour market, as entrepreneurs or in the education system. These specific objectives will be achieved through attainment of the following key results/ induced outputs: 1. Improved offer of accredited VET programmes and providers. 2. Competences of staff of the regional VET centres aligned with Human Resource management plan and accreditation criteria.
Sample 1
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DESCRIPTION OF OBJECTIVES, MAIN ACTIVITIES AND EXPECTED RESULTS. The overall objective of the programme is to contribute to an efficient transport system, integrated in the region and in the EU network, which promotes economic development and the citizens’ quality of life, by focusing on the road transport. The specific objectives of the programme are therefore to contribute to 1, Create an adequate legal and governance conditions for an efficient transport system established by aligning the Albanian transport legislation to the EU acquis (Pillar I of the Road Transport Strategy) and 2, Modernise and upgrade Albania’s primary and secondary road network (Pillar II of the Road Transport Strategy). The expected results related to this action will contribute to: - Overall improved design and implementation of road transport policies; - Improved alignment of the Albanian transport legislation to the EU acquis; - Improved quality of public spending / value for money for road transport; - Modernised and upgraded primary and secondary road network; - Improved road safety conditions; - Improved road maintenance performance; The main activities to implement the budget support package are policy dialogue, financial transfer, performance assessment, reporting and capacity development; Engagement in dialogue around conditions and government reform priorities, the verification of conditions and the payment of budget support; Transfer of EUR 21 million to the beneficiary country in fiscal years 2017, 2018, 2019 and 2020 when disbursements are expected; Continued effort to reinforce Government's institutional capacities to implement the transport reform strategy; Enhancing donor coordination Strengthening of monitoring and evaluation systems for transport strategy implementation Regular monitoring of budget support eligibility criteria. The focus of EU support is on addressing the most critical and urgent problems in the roads sector e.g. on maintenance, implementation of standards, asset management, and public financial management improvements due to their expected impact in the medium term and importance of improvements on governance, sustainability and efficiency of the investments. The implementation of such activities will strengthen the overall capacities for preparation and implementation of the pipeline projects selected in the framework of the connectivity agenda and maximise benefits from making more efficient public spending in the transport sector in the conditions of a limited fiscal space. construction, introducing perfor...
Sample 1
DESCRIPTION OF OBJECTIVES, MAIN ACTIVITIES AND EXPECTED RESULTS. The overall objective of this Sector Reform Contract (SRC) is to assist the Government of Serbia (GoS) in its efforts to have borders open for free movement of people and goods, but well controlled and secured from any illegal activities. The specific objectives of the programme are:
Sample 1

Related to DESCRIPTION OF OBJECTIVES, MAIN ACTIVITIES AND EXPECTED RESULTS

  • Withdrawal of Property from Market or Termination of Discussions Potential Investor acknowledges that the Property has been offered for sale subject to withdrawal of the Property from the market at any time or rejection of any offer because of the terms thereof, or for any other reason whatsoever, without notice, as well as the termination of discussions with any party at any time without notice for any reason whatsoever.

  • Description of Accounting Services on a Continuous Basis The Administrator will perform the following accounting services with respect to the Portfolio: (i) Journalize investment, capital share and income and expense activities; (ii) Verify investment buy/sell trade tickets when received from the investment adviser for the Portfolio (the “Adviser”) and transmit trades to the Fund’s custodian (the “Custodian”) for proper settlement; (iii) Maintain individual ledgers for investment securities; (iv) Maintain historical tax lots for each security; (v) Reconcile cash and investment balances of the Fund with the Custodian, and provide the Adviser with the beginning cash balance available for investment purposes; (vi) Update the cash availability throughout the day as required by the Adviser; (vii) Post to and prepare the Statement of Assets and Liabilities and the Statement of Operations; (viii) Calculate various contractual expenses (e.g., advisory and custody fees); (ix) Monitor the expense accruals and notify an officer of the Fund of any proposed adjustments; (x) Control all disbursements and authorize such disbursements upon Written Instructions; (xi) Calculate capital gains and losses; (xii) Determine net income; (xiii) Obtain security market quotes from independent pricing services approved by the Adviser, or if such quotes are unavailable, then obtain such prices from the Adviser, and in either case calculate the market value of the Portfolio’s Investments; (xiv) Transmit or mail a copy of the daily portfolio valuation to the Adviser; (xv) Compute net asset value; (xvi) As appropriate, compute yields, total return, expense ratios, portfolio turnover rate, and, if required, portfolio average dollar-weighted maturity; and (xvii) Prepare upon request a monthly financial statement which includes the following items: Schedule of Investments Statement of Assets and Liabilities Statement of Operations Cash Statement Schedule of Capital Gains and Losses.

  • Financial Statements; No Material Adverse Effect; No Internal Control Event (a) (i) The Audited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; (ii) fairly present the financial condition of Borrower and its Consolidated Subsidiaries as of the date thereof and their results of operations for the period covered thereby in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all material indebtedness and other liabilities, direct or contingent, of Borrower and its Consolidated Subsidiaries as of the date thereof, including liabilities for taxes, material commitments and Indebtedness. (b) The unaudited consolidated balance sheets of Borrower and its Consolidated Subsidiaries dated August 31, 2006, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for the fiscal quarter ended on that date (i) were prepared in accordance with GAAP consistently applied throughout the period covered thereby, except as otherwise expressly noted therein, and (ii) fairly present the financial condition of Borrower and its Consolidated Subsidiaries as of the date thereof and their results of operations for the period covered thereby, subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments. (c) Since the date of the Audited Financial Statements, there has been no event or circumstance, either individually or in the aggregate, that has had or could reasonably be expected to have a Material Adverse Effect. (d) To the best knowledge of Borrower, no Internal Control Event exists or has occurred since the date of the Audited Financial Statements that has resulted in or could reasonably be expected to result in a misstatement in any material respect, in any financial information delivered or to be delivered to Agent or Lenders, of (i) covenant compliance calculations provided hereunder or (ii) the assets, liabilities, financial condition or results of operations of Borrower and its Subsidiaries on a consolidated basis. (e) The forecasted balance sheet and statements of income and cash flows of Borrower and its Consolidated Subsidiaries delivered pursuant to Section 6.01(c) were prepared in good faith on the basis of the assumptions stated therein, which assumptions were fair in light of the conditions existing at the time of delivery of such forecasts, and represented, at the time of delivery, Borrower’s best estimate of its future financial condition and performance.

  • SUSPENSION OF OPERATIONS Concessionaire shall, at the direction of Department, immediately suspend, delay or interrupt Concessionaire’s operation of all or any part of the Concession Premises for such period of time as Department may determine to be appropriate to protect the Concession Premises and/or public health, safety, and welfare due to the occurrence of hazardous work conditions, emergency conditions, and/or any other cause including, but not limited to, Concessionaire's failure to perform any of the covenants, agreements, and conditions contained in this Agreement on its part to be performed. Concessionaire hereby waives any claim, and Department shall not be liable to any party claiming through Concessionaire, for damages, payment abatement, or compensation as a result of Department's actions under this Paragraph or this Agreement. Department's suspension of Concessionaire's operations shall be in addition to any other right or remedy available by law or in equity.

  • Statement of Operations Statement of Changes in Net Assets.

  • Presentation of Potential Target Businesses The Company shall cause each of the Initial Shareholders to agree that, in order to minimize potential conflicts of interest which may arise from multiple affiliations, the Initial Shareholders will present to the Company for its consideration, prior to presentation to any other person or company, any suitable opportunity to acquire an operating business, until the earlier of the consummation by the Company of a Business Combination or the liquidation of the Company, subject to any pre-existing fiduciary obligations the Initial Shareholders might have.

  • Critical Accounting Policies The section entitled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Time of Sale Prospectus and the Prospectus accurately and fairly describes (i) the accounting policies that the Company believes are the most important in the portrayal of the Company’s financial condition and results of operations and that require management’s most difficult subjective or complex judgment; (ii) the material judgments and uncertainties affecting the application of critical accounting policies and estimates; (iii) the likelihood that materially different amounts would be reported under different conditions or using different assumptions and an explanation thereof; (iv) all material trends, demands, commitments and events known to the Company, and uncertainties, and the potential effects thereof, that the Company believes would materially affect its liquidity and are reasonably likely to occur; and (v) all off-balance sheet commitments and arrangements of the Company and its Controlled Entities, if any. The Company’s directors and management have reviewed and agreed with the selection, application and disclosure of the Company’s critical accounting policies as described in the Registration Statement, the Time of Sale Prospectus and the Prospectus and have consulted with its independent accountants with regards to such disclosure.

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

  • List of Operator’s Subprocessors [Box 26] [Box 27] [Box 28] [Box 29]

  • SIGNIFICANT ACCOUNTING POLICIES The Group prepared the interim financial statements with the same accounting policies and methods of computation as were used for the financial statements for the year ended December 31, 2020.

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