Formulating the Management Plan Sample Clauses

Formulating the Management Plan. The way that the 2010 version of the Management Plan was formulated was determined by a series of processes within the DG and within the European Commission more generally. These processes are important at a pragmatic level, since they determine in a significant way the extent to which the various elements of the MP can be changed. At the same time, it should be recognised that the processes are themselves evolving and there is therefore a question of whether or not the MP is responding sufficiently to the changing demands on it from outside of the DG. Overall Commission Guidelines As has been said, the Management Plan has a significant place in communicating the policy aims of the DG within the context of the policy of the Commission as a whole. In an important sense, therefore, the starting point for the MP is the Commission’s overall policy guidance. Currently, this takes the form of the Political Guidelines set out at the beginning of the Commission’s term of office, which together with the key strategy statement on Europe 2020 provides the overall orientation, plus the more detailed Commission Work Programme (CWP). The CWP is revised annually and provides a statement of the Commission’s main policy priorities and its approach to the main issues. It is supported by a detailed listing of all the main Commission initiatives, including proposed legislation (with a particular section on the rolling programme of legislative simplification) and planned Communications, Green Papers, Strategy Statements, Staff Working Papers and reports, including evaluation reports. For the first time in 2010, the CWP provided a multiannual perspective on the work that the Commission plans to undertake in the coming years, particularly in the form of an indicative list of important initiatives for the years 2010-2014. The idea is that the multiannual strand will be adapted in the annual updates of the Work Programme. This longer term perspective is an interesting development, illustrating a tendency for the Commission to present a longer term view of its policy commitments. Budgetary Features Nonetheless, the annual budgetary cycle remains and is another important determinant of the shape of the Management Plan. In particular, the annual formulation of the Draft Budget makes use of the stated objectives of the MP and also requires that the more detailed ‘Specific Objectives’ in the Plan relate directly to the DG’s ‘activities’, as defined in the Commission’s Activity-Based Bu...
AutoNDA by SimpleDocs

Related to Formulating the Management Plan

  • General All payments to be made by the Borrower shall be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender its Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m. shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Entire Agreement This Agreement constitutes the entire agreement between the parties hereto with respect to the subject matter contained in this Agreement and supersedes all prior agreements, understandings and negotiations between the parties.

  • Force Majeure If by reason of Force Majeure, either party hereto shall be rendered unable wholly or in part to carry out its obligations under this Agreement then such party shall give notice and full particulars of Force Majeure in writing to the other party within a reasonable time after occurrence of the event or cause relied upon, and the obligation of the party giving such notice, so far as it is affected by such Force Majeure, shall be suspended during the continuance of the inability then claimed, except as hereinafter provided, but for no longer period, and such party shall endeavor to remove or overcome such inability with all reasonable dispatch. Choice of Law The Agreement between the Vendor and TIPS/ESC Region 8 and any addenda or other additions resulting from this procurement process, however described, shall be governed by, construed and enforced in accordance with the laws of the State of Texas, regardless of any conflict of laws principles. Venue, Jurisdiction and Service of Process Any Proceeding arising out of or relating to this procurement process or any contract issued by TIPS resulting from or any contemplated transaction shall be brought in a court of competent jurisdiction in Camp County, Texas and each of the parties irrevocably submits to the exclusive jurisdiction of said court in any such proceeding, waives any objection it may now or hereafter have to venue or to convenience of forum, agrees that all claims in respect of the Proceeding shall be heard and determined only in any such court, and agrees not to bring any proceeding arising out of or relating to this procurement process or any contract resulting from or any contemplated transaction in any other court. The parties agree that either or both of them may file a copy of this paragraph with any court as written evidence of the knowing, voluntary and freely bargained for agreement between the parties irrevocably to waive any objections to venue or to convenience of forum. Process in any Proceeding referred to in the first sentence of this Section may be served on any party anywhere in the world. Venue for any dispute resolution process, other than litigation, between TIPS and the Vendor shall be located in Camp or Xxxxx County, Texas.

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • NOW, THEREFORE the parties agree as follows:

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • WHEREAS the Trust is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act"); and

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