GENERAL PRINCIPLES OF THE AGREEMENT Sample Clauses

GENERAL PRINCIPLES OF THE AGREEMENT. 1.1. The general principles of this Agreement (the "'General Principles"') are as follows: - all transactions on forward financial instruments entered into pursuant to this Agreement shall constitute one and the same for the purposes of termination and netting; - only those transactions relating to the financial instruments mentioned in Article L.211-1-II of the monetary and financial code shall be subject to this Agreement; - a default by either Party shall entitle the other Party to terminate all transactions on forward financial instruments subject to this Agreement, to set off mutual debts and credits thereunder and to determine a settlement amount due to, or payable by it; and - such settlement amount shall be calculated on the basis of an agreed method of valuation which reflects the market value of the transactions on forward financial instruments at their date of termination.
Sample 1
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GENERAL PRINCIPLES OF THE AGREEMENT. The general principles of this Agreement (the “General Principles") are as follows: - the Repos governed by the Agreement are exclusively those stipulated in Article L. 432-12 and the following articles of the Code and involving delivery of the securities in accordance with Article D. 432-1 of the Code; - the Repos entered into pursuant to this Agreement shall constitute one and the same for the purposes of termination and netting; - the occurrence of an Event of Default for a Party shall entitle the other Party to terminate all Repos subject to this Agreement, to set off mutual debts and claims thereunder and to determine a Settlement Amount due to; or payable by it; and - such Settlement Amount shall be calculated on the basis of a method determined by the Agreement that reflects the market value of the Repos at their date of termination and takes into account the Margin transferred by one Party to the other.
Sample 1
GENERAL PRINCIPLES OF THE AGREEMENT. 3.1 One fundamental principle of this agreement is that all conflicts of interest will be resolved at the earliest possible stage by using the agreed procedures, and through consultation and negotiation. Until the consultation and negotiation process is exhausted no party to this agreement shall implement any changes to the pre-existing situation (‘status quo’). The organisation and the trade unions recognise that consultation is not simply the passage of information, but an active exchange of views that gives all parties an opportunity to influence decisions and their application.
Sample 1
GENERAL PRINCIPLES OF THE AGREEMENT. The purpose of the Agreement is to permit the French production sites to be and to remain competitive for the next few years; • objective of operating French sites at full capacity; • the company’s La Ciotat research facility remaining the principal research and technology development center; • specific production volumes being maintained in the company’s facilities in Gémenos and La Ciotat, subject to satisfying certain productivity criteria; • facilities in Gémenos devoted to production for customers pertaining to a defined territory (Southern Europe, Middle East and Africa); • balancing production volumes between the company’s facilities on a worldwide basis; and • La Ciotat and Gémenos remaining major manufacturing centers of the company.
Sample 1
GENERAL PRINCIPLES OF THE AGREEMENT. 1.1 The general principles of this Agreement (the "General Principles") are as follows: - the Repurchase Transactions governed by this Agreement relate solely to those Securities set out in Article 3.1 hereof; - the Repurchase Transactions governed by this Agreement shall constitute a whole for termination and netting purposes; - upon an Event of Default by either Party, the other Party shall be entitled to terminate all Repurchase Transactions governed by this Agreement, to set off reciprocal liabilities and claims thereunder and establish the Close-out Balance due to or payable by it; and - such Close-out Balance shall be calculated on the basis of a calculation method, laid down in the Agreement, that reflects the economic value of the Repurchase Transactions at the date of their termination and takes into account the Margin deposited by one Party with the other.
Sample 1
GENERAL PRINCIPLES OF THE AGREEMENT. 3.1 The objectives of this agreement are as follows:  To recognise, develop and maintain the efficiency and success of the CCGs in commissioning healthcare services on behalf of, and to the benefit of, the local population.  To promote and maintain mutual trust, respect and co-operation between the CCGs, its staff and their trades unions.  To jointly recognise the maintenance of effective employee relations by the resolution of conflict of interests between the CCGs and its employees through negotiation and consultation.  To demonstrate to staff that they are valued and have a significant part to play in the success of the CCGs; and  To encourage teamwork and flexibility between staff.
Sample 1

Related to GENERAL PRINCIPLES OF THE AGREEMENT

  • General Principles 9.2.1 Each Party shall implement its tasks in accordance with the Consortium Plan and shall bear sole responsibility for ensuring that its acts within the Project do not knowingly infringe third party property rights.

  • Definitions Principles of Construction 1 Section 1.1 Definitions 1 Section 1.2 Principles of Construction 26

  • General Construction Principles Words in any gender are deemed to include the other genders. The singular is deemed to include the plural and vice versa. The headings and underlined paragraph titles are for guidance only and have no significance in the interpretation of this Agreement.

  • Terms of the Agreement Each Party shall treat the terms of this Agreement as the Confidential Information of other Party, subject to the exceptions set forth in Section 7.2. Notwithstanding the foregoing, each Party acknowledges that the other Party may be obligated to file a copy of this Agreement with the SEC, either as of the Effective Date or at some point during the Term. Each Party shall be entitled to make such a required filing, provided that it requests confidential treatment of certain commercial terms and sensitive technical terms hereof to the extent such confidential treatment is reasonably available to it. In the event of any such filing, the filing Party shall provide the other Party with a copy of the Agreement marked to show provisions for which the filing Party intends to seek confidential treatment and shall reasonably consider and incorporate the other Party’s comments thereon to the extent consistent with the legal requirements governing redaction of information from material agreements that must be publicly filed. The other Party shall promptly provide any such comments.

  • Definitions and Principles of Construction Section 1.1 Defined Terms 1 Section 1.2 Principles of Constructions 1

  • Definitions Certain Rules of Construction As used herein, the following terms will have the following meanings:

  • Definitions and Rules of Construction 1.1 Unless otherwise defined herein, the following capitalized terms shall have the following meanings:

  • Principles of Construction All references to sections and schedules are to sections and schedules in or to this Agreement unless otherwise specified. All uses of the word “including” shall mean “including, without limitation” unless the context shall indicate otherwise. Unless otherwise specified, the words “hereof,” “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. Unless otherwise specified, all meanings attributed to defined terms herein shall be equally applicable to both the singular and plural forms of the terms so defined.

  • General Principle (a) Each Employer recognises that Employees sometimes face situations of violence or abuse in their personal life that may affect their attendance or performance at work. Therefore, each Employer is committed to providing support to staff that experience family violence.

  • General Rules of Construction Except as expressly stated otherwise, all references to “Paragraph(s)” or “Section(s)” in this Contract are references to Paragraphs and Sections of this Contract or the Exhibits attached to this Contract; and all references to Exhibit(s) are references to the Exhibits attached hereto. The table of contents and headings used in this Contract are for reference and convenience only, do not in any way define, limit, describe, or amplify the provisions of this Contract or the scope or intent of its provisions, are not a part of this Contract, and will not enter into the interpretation of this Contract. All references to “days” in this Contract mean calendar days unless otherwise stated. The term “business day” means Monday through Friday, excluding holidays observed by the School District.

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