Licensing and qualification Sample Clauses
The Licensing and Qualification clause establishes the requirement that parties involved in the agreement must possess and maintain all necessary licenses, permits, and professional qualifications relevant to their roles or services. In practice, this means that a contractor, vendor, or service provider must ensure they are properly certified or authorized by regulatory bodies to perform the contracted work, and may need to provide proof of such credentials upon request. This clause serves to ensure compliance with applicable laws and regulations, thereby reducing legal and operational risks for all parties involved.
Licensing and qualification. 1. Each Party shall ensure that licensing and qualification procedures for the purpose of obtaining an authorisation to supply a service or to establish are reasonable, clear and relevant to the underlying policy objectives, taking into account the nature of the requirements to be met and the criteria to be assessed, and do not in themselves constitute a restriction on the supply of services or the establishment.
2. Where specific time periods for applications exist, an applicant shall be allowed a reasonable period for the submission of an application. The competent authority shall initiate the processing of an application without undue delay. Where possible, applications should be accepted in electronic format under the same conditions of authenticity as applications submitted in paper format.
1 For the Republic of Kazakhstan the reference includes the Section on Services of the Protocol on the Accession of the Republic of Kazakhstan to the WTO.
3. Authenticated copies should be accepted, where possible, in place of original documents.
4. Each Party shall ensure that the processing of an application, including reaching a final decision, is completed within a reasonable period specified in its legislation or, in any event, without undue delay. Each Party shall endeavour to establish the normal timeframe for the processing of an application. Each Party shall ensure that a licence or an authorisation, once granted, enters into effect without undue delay in accordance with the terms and conditions specified therein.
5. Each Party shall ensure that licensing fees1 are reasonable in terms of the costs incurred by the competent authority, and do not in themselves restrict the supply of the service or the establishment.
6. Where the competent authority considers that an application is incomplete or determines that it needs additional information, it shall, within a reasonable period of time:
(a) inform the applicant;
(b) to the extent practicable, identify the information required; and
(c) to the extent practicable, provide the opportunity to correct deficiencies. 1 Licensing fees do not include fees for the use of natural resources, payments for auction, tendering or other non-discriminatory means of awarding concessions, or mandated contributions to universal service provision.
7. If the competent authority rejects an application, it shall inform the applicant without undue delay and, to the extent practicable, in writing. The competent authority should inform...
Licensing and qualification. Each Class A Member, each Operating Manager (as defined below), and each Officer, is hereby authorized to execute, deliver and file any other certificates (and any amendments and/or restatements thereof) necessary for the Company to qualify to do business or obtain any licenses necessary or advisable in any other jurisdiction in which the Company may wish to conduct business and all such filings made prior to the date hereof are hereby ratified.
Licensing and qualification. To the best of the Transferor's knowledge, all parties which have had any interest in the Home Loan, whether as mortgagee, assignee, pledgee or otherwise, are (or, during the period in which they held and disposed of such interest, were)
(i) in compliance with any and all applicable licensing requirements of the laws of the state wherein any related Mortgaged Property, or with respect to an Unsecured Loan, the related Obligor is located, and (ii) (A) organized under the laws of such state, or (B) qualified to do business in such state, or (C) federal savings and loan associations or national banks having principal offices in such state, or (D) not doing business in such state;
Licensing and qualification. 1. Each Party shall ensure that licensing and qualification procedures for the purpose of obtaining an authorisation to supply a service or to establish are reasonable, clear and relevant to the underlying policy objectives, taking into account the nature of the requirements to be met and the criteria to be assessed, and do not in themselves constitute a restriction on the supply of services or the establishment.
2. Where specific time periods for applications exist, an applicant shall be allowed a reasonable period for the submission of an application. The competent authority shall initiate the processing of an application without undue delay. Where possible, applications should be accepted in electronic format under the same conditions of authenticity as applications submitted in paper format.
Licensing and qualification. To the best of the Transferor's knowledge, each party which had any interest as an owner of servicer of the Home Loan, whether as mortgagee, assignee, or servicer, is (or, during the period in which they held and disposed of such interest, was)
(i) in compliance with any and all applicable licensing requirements of the laws of the state wherein any related Mortgaged Property, or with respect to an Unsecured Loan, the related Obligor is located, and (ii) either (A) organized under the laws of such state, or (B) authorized or qualified to do business in such state, or (C) a federal savings and loan association or a national bank having principal offices in such state, or (D) not doing business in such state.