ECONOMIC REGIME Sample Clauses

ECONOMIC REGIME. It is reminded that the anticipated costs of the Association shall be listed in a yearly budget subject to the approval of the Board, except for the start-up budget, which shall be approved unanimously by the Board members. The costs of the Association shall be covered in the approved budget and borne as follows:
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ECONOMIC REGIME. The formalization of this Framework Agreement does not entail any expense, without prejudice to the expense that in each case could imply its development through the specific agreements provided for in the Third Clause. In that case, those expenses will be determined at the time by means of the corresponding agreement.
ECONOMIC REGIME. 6.1 The Concessionaire has the same rights and obligations as any other generator, with the exception of the special right established in Clause 6.2. For example, the Concessionaire is free to sell its production in the way that it deems most appropriate to its interests, and to freely prepare its natural gas fixed price statement, as long as Article 5 of Supreme Decree 016-2000-EM, as amended, remains in force. Furthermore, the retribution (the “economic settlement” defined in PR-22) that will be paid to the Quillabamba SRU for the Secondary Frequency Regulation Service will be based in the provisions in PR-22, with the following exception: The ARu value referred to in Section 1.3 of Annex IV to PR-22, will always equal zero (0).
ECONOMIC REGIME. 6.1 The Concessionaire has the same rights and obligations as any other generator, with the exception of the special right established in Clause 6.2. For example, the Concessionaire is free to sell its production in the way that it deems most appropriate to its interests, and to freely prepare its natural gas fixed price statement, as long as Article 5 of Supreme Decree 016-2000-EM, as amended, remains in force.
ECONOMIC REGIME. The Self-Regulated Organization shall prepare an estimated annual budget, which shall be informed to the National Securities Commission before December 1st, of each year. The Commission may render its comments and observations deemed convenient, pursuant to the purposes of the market and the duties that the Self-Regulated Organization must comply with. In order to avoid participation causes by means of the National Securities Commission, the Self-Regulated Organization must establish the means to avoid the events established in Article 218 of the Securities Law.

Related to ECONOMIC REGIME

  • Economic Cooperation 1. The Parties will encourage the utilization of cooperation instruments and mechanisms with a view to strengthen the processes of economic integration and commercial exchange. 2. The objectives of economic cooperation will be: (a) to build on existing agreements or arrangements already in place for trade and economic cooperation; and (b) to advance and strengthen trade and economic relations between the Parties. 3. The Parties will encourage and facilitate, as appropriate, the following activities, including, but not limited to: (a) dialogue about policies and regular exchanges of information and views on ways to promote and expand trade in goods and services between the Parties; (b) joint elaboration of studies and technical projects of economic interest according to the economic development needs identified by the Parties; (c) keeping each other informed of important economic and trade issues, and any impediments to furthering their economic cooperation; (d) providing assistance and facilities to business persons and trade missions that visit the other Party with the knowledge and support of the relevant agencies; (e) supporting dialogue and exchanges of experience among the respective business communities of the Parties; (f) establishing and developing mechanisms for providing information and identifying opportunities for business cooperation, trade in goods and services, investment, and government procurement; and (g) stimulating and facilitating actions of public and/or private sectors in areas of economic interest.

  • Cooperation with Economic Studies If ICANN initiates or commissions an economic study on the impact or functioning of new generic top-­‐level domains on the Internet, the DNS or related matters, Registry Operator shall reasonably cooperate with such study, including by delivering to ICANN or its designee conducting such study all data related to the operation of the TLD reasonably necessary for the purposes of such study requested by ICANN or its designee, provided, that Registry Operator may withhold (a) any internal analyses or evaluations prepared by Registry Operator with respect to such data and (b) any data to the extent that the delivery of such data would be in violation of applicable law. Any data delivered to ICANN or its designee pursuant to this Section 2.15 that is appropriately marked as confidential (as required by Section 7.15) shall be treated as Confidential Information of Registry Operator in accordance with Section 7.15, provided that, if ICANN aggregates and makes anonymous such data, ICANN or its designee may disclose such data to any third party. Following completion of an economic study for which Registry Operator has provided data, ICANN will destroy all data provided by Registry Operator that has not been aggregated and made anonymous.

  • Trade and Economic Mixed Commission 1. The Parties hereby incorporate the Trade and Economic Mixed Commission (Mixed Commission) into this Agreement. 2. The Mixed Commission was established according to the Basic Agreement on Economic and Technical Cooperation between the Government of the People's Republic of China and the Government of the Republic of Peru, signed in Lima, on November 2nd, 1988. 3. The Mixed Commission is composed of officials as follows: (a) for China, the high ranking official of

  • Economic Development 1. The Parties aim to promote balanced economic growth, poverty reduction and the reduction of social-economic disparities.

  • Academic Standards 3.3.1. Consistent with State law, the School shall implement the Common Core or other State academic standards as may hereafter be approved by the BOE.

  • ECONOMIC ADJUSTMENT Beginning twelve (12) months after the effective date of this Statewide Contract and for every annual anniversary thereafter, the prices set forth in Exhibit B – Prices for Services shall be adjusted, based upon the percent changes (whether up or down) in the United States Department of Labor, Bureau of Labor and Statistics (BLS) indices described below, for the most recent year. Economic adjustment will lag one (1) calendar quarter past the Contract commencement date to allow for publication of BLS data. All calculations for the index shall be based upon the latest version of data published as of one year of the effective date each year. Prices shall be adjusted on February 1st. If an index is recoded (i.e., the recoded index is a direct substitute for the prior index according to the BLS), this Statewide Contract will use the recoded index, as applicable. If an index becomes unavailable, Enterprise Services shall substitute a proxy index. If there is not a direct substitute, the next higher aggregate index available will be used. The economic adjustment shall be calculated as follows: New Price = Old Price x (Current Period Pricing/Base Period Index)

  • Learning and Development (i) Managers and supervisors are responsible for promoting and supporting learning activities for employees in their area of responsibility.

  • Registry Operator has (i) ceased to conduct its business in the ordinary course; or (ii) filed for bankruptcy, become insolvent or anything analogous to any of the foregoing under the laws of any jurisdiction anywhere in the world; or

  • PHASED DEVELOPMENT 15.1 The Seller reserves to itself, and to its successors in title as Developer, all such rights as are provided for in section 25 of the STA, to erect and complete a phased development on the Land from time to time, but no later than 15 (fifteen) years from the date of opening of the Sectional Title Register, for its personal account.

  • Legal Framework 1. This programme agreement shall be read in conjunction with the following documents which, together with this programme agreement, constitute the legal framework of the EEA Financial Mechanism 2014-2021:

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