National Authority Clause Samples

The 'National Authority' clause defines the specific government body or agency responsible for overseeing, regulating, or enforcing the terms of the agreement within a particular country. This clause typically identifies which national entity has jurisdiction over the subject matter, such as a ministry, regulatory commission, or other official authority. By clearly designating the relevant authority, the clause ensures that all parties understand which organization will handle approvals, compliance, or dispute resolution, thereby reducing ambiguity and streamlining interactions with government bodies.
National Authority. (A) Each Party shall establish a National Authority as a contact point for purposes related to the Agreement. The functions of the National Authority shall include: i) requesting or transmitting information from or to another Party; ii) providing a contact for assistance in investment promotion and facilitation; iii) maintaining statistics about inward and outward investment of the Party; iv) handling enquiries in relation to the conduct of investments or investors of the Party; v) investigating and seeking to resolve concerns or conflicts raised by individuals or civil society groups in relation to the conduct of investors or investments concerning their obligations under this Agreement or the additional responsibilities set out in the Agreement; vi) reporting on any matters dealt with under Paragraph v; and vii) any other functions the Party incorporates into its work. (B) The National Authority shall operate in a visible, accessible, transparent and accountable manner. It shall receive and consider information, statements of concern or other information from government officials, non-governmental groups or individuals from the State Party in which it is established, or from the host state of an investor for which it is the home state.
National Authority. Each Participant will notify the Central Contact Point of its National Authority, which will be responsible for the implementation of this Arrangement and for any internal coordination with national agencies. That notification will include the information set out in Schedule D. Each Participant will ensure that the Central Contact Point is notified of any amendments to the above information in order that the information held by the Central Contact Point is kept up to date.

Related to National Authority

  • Legal Authority The Contractor warrants and assures H-GAC that it possesses adequate legal authority to enter into this Agreement. The Contractor's governing body, where applicable, has authorized the signatory official(s) to enter into this Agreement and bind the Contractor to the terms of this Agreement and any subsequent amendments hereto.

  • Governmental Authority Governmental Authority" shall mean any federal, state, local, foreign or international court, government, department, commission, board, bureau, agency, official or other regulatory, administrative or governmental authority.

  • General Authority The Owner Trustee is authorized and directed to execute and deliver the Basic Documents to which the Trust is to be a party and each certificate or other document attached as an exhibit to or contemplated by the Basic Documents to which the Trust is to be a party and any amendment or other agreement or instrument described herein, as evidenced conclusively by the Owner Trustee's execution thereof. In addition to the foregoing, the Owner Trustee is authorized, but shall not be obligated, except as otherwise provided in this Trust Agreement, to take all actions required of the Trust pursuant to the Basic Documents.

  • Governmental Body “Governmental Body” shall mean any: (a) nation, state, commonwealth, province, territory, county, municipality, district or other jurisdiction of any nature; (b) federal, state, local, municipal, foreign or other government; or (c) governmental or quasi-governmental authority of any nature (including any governmental division, department, agency, commission, instrumentality, official, organization, unit, body or Entity and any court or other tribunal).

  • Governmental Entity “Governmental Entity” shall mean any federal, state, local or foreign court, arbitral tribunal, administrative agency or commission or other governmental or regulatory authority or administrative agency.