Purpose and Scope of the Framework Agreement Sample Clauses

Purpose and Scope of the Framework Agreement. 1. The present Framework Agreement provides the general conditions for the release of persons on the territory of […]. 2. The actual release of a given released person on the territory of […] shall be made pursuant to a specific agreement, setting up the specific conditions of the release (hereinafter “the release agreement”). 3. Unless provided otherwise in the release agreement, the general conditions provided in the present Framework Agreement shall apply to the release of persons on the territory of […].
Sample 1
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Purpose and Scope of the Framework Agreement. ▪ Section 1 defines the purpose and material scope of the CRV. ▪ The CRV is intended to cover the following types of transactions: 1. Orders for Futures and Options (exchange traded derivative transaction - ETD) – “F&O Contracts” 2. (bilaterally concluded) OTC-derivatives transactions to be cleared via a central counterparty (CCP) 3. OTC-derivatives transactions to be cleared via CCP executed on trading venues 4. FX and precious metals futures (or forward transactions). (1) This Framework Agreement shall apply to the following orders placed with the Bank and transactions entered into between the Bank and the Contracting PartyCounterparty (the latter referred to hereinafter as “Transactions”): ▪ Modifications: Term “Contracting Party” replaced by Counterparty (affects only English language translation/ alignment with other English language translations of DRV-documentation) (a) Insofar as the Bank executes orders (i) for spot, futures and options transactions (“F&O Contracts”) concluded on organised markets, multilateral trading platforms or organised trading systems (“ExecutionTrading Venues”) or (ii) for the clearing of F&O Contracts executed on ExecutionTrading Venues by central counterparties, in particular following their transfer by means of a give-up agreement, any Transactions which may be created under the below paragraph (2). ▪ Modifications: Term “execution venue” replaced by “trading venue” in order to delineate CRV-terminology from MiFID-terminology (where the term “execution venue” is defined for a very specific purpose) (b) Any Transactions concluded on the basis of a (German) Master Agreement for Financial Derivative Transactions, an ISDA Master Agreement or a comparable master agreement (hereinafter ▪ Modifications: Clarification that the CRV is also intended to cover OTC-derivative transactions which have been concluded without a (finalised) master agreement referred to as “Master Agreement”) as well as OTC-derivatives Transactions not concluded under or not included in such a Master Agreement which are intended to be cleared by central counterparties, as of the point in time at which the Transaction is accepted by the clearing system of a central counterparty in accordance with the below paragraph (3). This shall also apply to transactions originally concluded with a third party which have been transferred to the Bank. documentation, for example in the form of a long form-confirmation. (c) OTC-derivatives Transactions concluded on Trading...
Sample 1

Related to Purpose and Scope of the Framework Agreement

  • PURPOSE AND SCOPE OF AGREEMENT 1.01 The purpose of this Agreement is to maintain harmonious and mutually beneficial relationships between the Employer, the Union and the employees and to set forth herein certain terms and conditions of employment upon which agreement has been reached through collective bargaining. 1.02 The parties to this Agreement share a desire to improve the quality of the Canadian Food Inspection Agency and to promote the well-being and increased efficiency of its employees to the end that the people of Canada will be well and efficiently served. Accordingly, the parties are determined to establish, within the framework provided by law, an effective working relationship at all levels of the Agency in which members of the bargaining units are employed.

  • Purpose and Scope The purpose of these standard contractual clauses is to ensure compliance with the requirements of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (General Data Protection Regulation)1 for the transfer of personal data to a third country.

  • SCOPE OF FRAMEWORK AGREEMENT 3.1 This Framework Agreement governs the relationship between the Authority and the Supplier in respect of the provision of the Services by the Supplier to the Authority and to Other Contracting Bodies.

  • Object and Scope of the Agreement The competent authorities of the Contracting Parties shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of the domestic laws of the Contracting Parties concerning taxes covered by this Agreement. Such information shall include information that is foreseeably relevant to the determination, assessment and collection of such taxes, the recovery and enforcement of tax claims, or the investigation or prosecution of tax matters. Information shall be exchanged in accordance with the provisions of this Agreement and shall be treated as confidential in the manner provided in Article 8. The rights and safeguards secured to persons by the laws or administrative practice of the requested Party remain applicable to the extent that they do not unduly prevent or delay effective exchange of information.

  • Framework Agreement 4.1.2.1 The Parties shall enter into a Framework Agreement within 28 days after the Contractor receives the Letter of Acceptance, unless the Particular Conditions establish otherwise. The Framework Agreement shall be based upon FORM No. 3 – FRAMEWORK AGREEMENT annexed to the Particular Conditions. The costs of stamp duties and similar charges (if any) imposed by law in connection with entry into the Framework Agreement shall be borne by the Procuring Entity. 4.1.2.2 The Framework Agreement establishes the terms and conditions that will govern the contract awarded during the term of the Framework Agreement. The Framework Agreement establishes for the procurement works by package as and when required, over the specified period of time. The Framework Agreement does not commit a Procuring Entity to procure, nor a Firm to supply. The Framework Agreement allows the Procuring Entity to call the Contractor to commence the works on a particular package in a specified location within the duration of the agreement. 4.1.2.3 This Framework Agreement does not guarantee the contractor of being called for a contract to start and no commitment is made with regard to possible number of packages to carry out. 4.1.2.4 This Framework Agreement does exclude the Procuring Entity from the right to procure the same Works from other firms. 4.1.2.5 This Framework Agreement does not stop the Procuring Entity from removing the contractor from the same Agreement. 4.1.2.6 FAs shall be established for a maximum period of three (3) years. The Procuring Entity may with the Consent of the Contractor extend this Agreement if the agreement period is less than three (3) years, if the initial engagement has been satisfactory. 4.1.2.7 Call-off Contracts; for work on a package to start, the Procuring Entity shall issue a notice of acceptance of a particular package requesting the contractor to furnish a Performance Security and to start the works thereafter, and providing the contractor with details of location where the works, are to be carried out. The call-off statement shall specify the objectives, tasks, deliverables, timeframes and price or price mechanism. The price for individual call-off contracts shall be based on the prices detailed in the Framework Agreement.

  • FRAMEWORK AGREEMENT MANAGEMENT The Parties shall manage this Framework Agreement in accordance with Schedule 14 (Framework Management).

  • TERM AND SCOPE OF THE CIA A. The period of the compliance obligations assumed by Progenity under this CIA shall be five years from the effective date of this CIA. The “Effective Date” shall be the date on which the final signatory of this CIA executes this CIA. Each one-year period, beginning with the one-year period following the Effective Date, shall be referred to as a “Reporting Period.” B. Sections VII, X, and XI shall expire no later than 120 days after OIG’s receipt of: (1) Progenity’s final annual report; or (2) any additional materials submitted by Progenity pursuant to OIG’s request, whichever is later. C. The scope of this CIA shall be governed by the following definitions:

  • Scope of the Agreement This Agreement shall apply to all investments made by investors of either Contracting Party in the territory of the other Contracting Party, accepted as such in accordance with its laws and regulations, whether made before or after the coming into force of this Agreement.

  • Scope of Agreement Nothing in this Agreement shall be deemed to entitle Executive to continued employment with the Company or its Subsidiaries, and if Executive’s employment with the Company shall terminate prior to a Change in Control, Executive shall have no further rights under this Agreement (except as otherwise provided hereunder); provided, however, that any termination of Executive’s employment during the Termination Period shall be subject to all of the provisions of this Agreement.

  • COMMENCEMENT OF WORK UNDER A SOW AGREEMENT Commencement of work as a result of the SOW-RFP process shall be initiated only upon issuance of a fully executed SOW Agreement and Purchase Order.

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