Financial Sector Reforms Sample Clauses

Financial Sector Reforms. With regard to debt market development, reforms focus on the need to provide long-term funding to infrastructure. This has been constrained due to sector risks and the inability of the financial markets to absorb corporate debt issuances of required maturity. Thus, projects carry significant risks the coverage costs of which are passed on to end-beneficiaries. With regard to debt market development, the Government is committed to implementing recommendations of the ‘High Level Expert Committee on Corporate Bonds and Securitization’ (Patil Committee Report) which has emphasized several action areas including (i) the need for providing credit enhancement (to inject ‘implicit risk capital’); (ii) enhancing the investor base in longer maturity issuances (pension and insurance funds); (iii) creating a clearance and settlement system; and (iv) allowing repossessions with corporate paper (to create liquidity in the instrument), etc.
Sample 1
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Related to Financial Sector Reforms

  • IRANIAN ENERGY SECTOR DIVESTMENT In accordance with Section 2879-c of the Public Authorities Law, by signing this contract, each person and each person signing on behalf of any other party certifies, and in the case of a joint bid or partnership each party thereto certifies as to its own organization, under penalty of perjury, that to the best of its knowledge and belief that each person is not on the list created pursuant to paragraph (b) of subdivision 3 of Section 165-a of the State Finance Law (See xxxxx://xxx.xx.xxx/iran-divestment-act-2012).

  • Financial Management Standards The financial management systems of Grantee must meet the following standards:

  • Financial Management System Subrecipient shall establish and maintain a sound financial management system, based upon generally accepted accounting principles. Contractor’s system shall provide fiscal control and accounting procedures that will include the following:

  • Sub-Sector One Way Satellite Broadcasting of Digital Telecommunication Services, whether these involve Direct Home Television Broadcasting, Direct Broadcasting of Television Services and Direct Audio Broadcasting; Supplementary Telecommunication Services. Industrial Classification: Obligations Concerned: National Treatment (Article 10.3) Most-Favoured-Nation Treatment (Article 10.4) Performance Requirements (Article 10.7) Senior Management and Boards of Directors (Article 10.8)

  • Financial Services The aim of cooperation shall be to achieve closer common rules and standards in areas including the following:

  • Financial Management; Financial Reports; Audits 1. The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.07 of the Standard Conditions.

  • Financial Management (a) The Recipient shall ensure that a financial management system is maintained in accordance with the provisions of Section 2.09 of the Standard Conditions.

  • Student Evaluation A. All unit members shall be subject to student evaluations each semester in each course taught.

  • Health Care The Company will reimburse the Executive for the cost of maintaining continuing health coverage under COBRA for a period of no more than 12 months following the date of termination, less the amount the Executive is expected to pay as a regular employee premium for such coverage. Such reimbursements will cease if the Executive becomes eligible for similar coverage under another benefit plan.

  • COUNTY’S QUALITY ASSURANCE PLAN The County or its agent will evaluate the Contractor’s performance under this Contract on not less than an annual basis. Such evaluation will include assessing the Contractor’s compliance with all Contract terms and conditions and performance standards. Contractor deficiencies which the County determines are severe or continuing and that may place performance of the Contract in jeopardy if not corrected will be reported to the Board of Supervisors. The report will include improvement/corrective action measures taken by the County and the Contractor. If improvement does not occur consistent with the corrective action measures, the County may terminate this Contract or impose other penalties as specified in this Contract.

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