Regulatory Convergence Sample Clauses

Regulatory Convergence. 1. The Parties recognise that the World Forum for Harmonisation of Vehicle Regulations (hereinafter referred to as the “WP.29”), within the framework of the United Nations Economic Commission for Europe (hereinafter referred to as the “UN ECE”), is the relevant international standard-setting body for the products covered by this Annex.
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Regulatory Convergence. 1. Each Party shall refrain from introducing new domestic technical regulations diverging from the technical requirements of existing UNECE Regulations or UNECE Regulations the completion of which is imminent, in areas covered by those Regulations, unless there are substantiated reasons, based on scientific or technical information, why a specific technical requirement of a UNECE Regulation is ineffective or inappropriate for ensuring safety, or the protection of the environment or human health.
Sample 1

Related to Regulatory Convergence

  • Regulatory Compliance a. Monitor compliance with the 1940 Act requirements, including:

  • Protocols Each party hereby agrees that the inclusion of additional protocols may be required to make this Agreement specific. All such protocols shall be negotiated, determined and agreed upon by both parties hereto.

  • Regulatory Changes If any legislative, regulatory, judicial or other legal action (other than an Amendment to the Act, which is provided for in Section 29.3) materially affects the ability of a Party to perform any material obligation under this Agreement, a Party may, on thirty (30) days written notice to the other Party (delivered not later than thirty (30) days following the date on which such action has become legally binding), require that the affected provision(s) be renegotiated, and the Parties shall renegotiate in good faith such mutually acceptable new provision(s) as may be required; provided that such affected provisions shall not affect the validity of the remainder of this Agreement.

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