Subsidiarity Sample Clauses

Subsidiarity. The principle of subsidiarity, whereby development and protection of the Nile River Basin water resources is planned and implemented at the lowest appropriate level.
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Subsidiarity. The present EFA and its implementation in the SPC will operate to the extent that they are not contrary to the mandatory laws and regulations of the country in which the Club is domiciled. In the event of conflict, the latter will prevail. The EFA is a compulsory minimum standard agreement for all participating Clubs and Players of the EuroLeague. The Clubs and Players are allowed to deviate from the EFA (including the SPC) only in the Players’ favour, and only if the obligations towards EP and the ELPA hereunder are not affected.
Subsidiarity. The Parties acknowledge and respect the importance of subsidiarity. The Parties agree for the need for many decisions to be made as close as possible to the people affected by them.
Subsidiarity. This MOU is without prejudice to the statutory powers of the NRAs and to national legislation.
Subsidiarity. If the parties have otherwise regulated or will regulate a confidentiality going beyond that in this agreement (e.g. development agreement, product-specific special agreement), then these agreements shall take precedence over this agreement for the scope of the agreement specified therein. Text form, severability clause, choice of law, place of jurisdiction

Related to Subsidiarity

  • Subsidiaries All of the direct and indirect subsidiaries of the Company are set forth on Schedule 3.1(a). The Company owns, directly or indirectly, all of the capital stock or other equity interests of each Subsidiary free and clear of any Liens, and all of the issued and outstanding shares of capital stock of each Subsidiary are validly issued and are fully paid, non-assessable and free of preemptive and similar rights to subscribe for or purchase securities. If the Company has no subsidiaries, all other references to the Subsidiaries or any of them in the Transaction Documents shall be disregarded.

  • Subsidiary For purposes of this Agreement, the term “subsidiary” means any corporation or limited liability company of which more than 50% of the outstanding voting securities or equity interests are owned, directly or indirectly, by the Company and one or more of its subsidiaries, and any other corporation, limited liability company, partnership, joint venture, trust, employee benefit plan or other enterprise of which Indemnitee is or was serving at the request of the Company as a director, officer, employee, agent or fiduciary.

  • Continuing Business Nothing in this Agreement will preclude or limit Red Hat from providing software, materials, or services for itself or other clients, irrespective of the possible similarity of such software, materials or services to those that might be delivered to Client. The terms of confidentiality in Section 9 will not prohibit or restrict either party's right to develop, use or market products or services similar to or competitive with the other party; provided, however, that neither party is relieved of its obligations under this Agreement.

  • Property Ownership The Fund owns or leases all such properties as are necessary to the conduct of its operations as presently conducted.

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