Economic Contract definition

Economic Contract has the meaning given to it in the Welsh Government "Prosperity for All - Economic Action Plan";
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Examples of Economic Contract in a sentence

  • Aligning with strengthening our Economic Contract, our Programme for Government seeks to ensure a renewed focus on young people via the Young Person’s Guarantee.

  • Agreement may not be possible (e.g.: Art 5 of the Chinese Foreign Economic Contract Law rules that only Chinese Law can be applied for joint venture contracts between a foreign investorand a Chinese company).Choosing one system for law and proceedings gives a title for execution in the same legal system – can be disadvantageous ifrespondent has no assets in this jurisdiction.As a result of negotiation parties often choose a neutral governing law.

  • The Economic Contract frames a new relationship with business based upon the principle of public investment with a social purpose to help businesses respond to the challenges of the future.

  • These laws include the Constitution, Civil Law, Civil Procedure Law, Criminal Law, Criminal Procedure Law, Economic Contract Law, Marriage Law, Law of Inheritance, Law on Population and Family Planning and Rural Land Contract Law.

  • At the front and centre of this work has been the development and introduction of the new operating model (Economic Contract, the Calls to Action and the Economy Futures Fund).This is the centrepiece of the Plan and now frames our relationship with business.

  • Once the updated guidance has been published, the Operator shall produce an Economic Contract for approval by TfW, acting reasonably and on behalf of Welsh Government, within(6) six months of publication of the guidance.

  • China “transplanted” the concept of anticipatory breach from its 1985 Foreign Economic Contract Law (FECL),202 which states:A party may temporarily suspend its performance of the contract if it hasconclusive evidence that the other party is unable to perform the contract.

  • The Economic Contract Law of the People's Republic of China, the Law of the People's Republic of China on Economic Contracts Involving Foreign Interest and the Law of the People's Republic of China on Technology Contracts shall be simultaneously annulled.

  • But the insured must assign the right to claim to the insurer and assist the latter in claiming compensation from the third party.” See: Article 25, Economic Contract Law, 1993.in China insured by OPIC.9 These legal practices laid a solid foundation for China’s recognition of subrogation at the multilateral level.

  • Furthermore, an Agreement with any economic commitment is called Economic Contract and specifies the economic exchanges to occur, which is represented by the entity Commitment.

Related to Economic Contract

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Project Contract means a Project Contract as such term is defined in the RfP; “Proposal” means a Proposal as such term is defined in the RfP;

  • Public contract means an agreement between a public body and a nongovernmental source that is

  • Life-of-the-unit, firm power contractual arrangement means a unit participation power sales agreement under which a utility or industrial customer reserves, or is entitled to receive, a specified amount or percentage of nameplate capacity and associated energy from any specified unit and pays its proportional amount of such unit's total costs, pursuant to a contract:

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • framework contract means a payment service contract which governs the future execution of individual and successive payment transactions and which may contain the obligation and conditions for setting up a payment account;

  • Multiyear contract means a contract that extends beyond a one-year period, including a contract that permits renewal of the contract, without competition, beyond the first year of the contract.

  • Procurement Contract or “Contract” means any written agreement of the Authority for the acquisition of goods or services of any kind in the actual or estimated amount of $25,000, or more.

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Construction management contract means a contract in which a party is retained by the owner to

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Privatization contract or “contract” means an agreement or

  • Cost-reimbursement contract means a contract under which a contractor is reimbursed for costs which are allowable and allocable in accordance with the contract terms and the provisions of this code, and paid a fee, if any.

  • Redevelopment Contract means this redevelopment contract between the Authority and Redeveloper with respect to the Project.

  • Similar contract means Motor Vehicle.

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • Smart contract means an event-driven program, with state, that runs on a distributed, decentralized, shared, and replicated ledger and which can take custody over and instruct transfer of assets on that ledger.

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Major Contract means (i) any management agreement relating to the Properties or the Loan Parties, (ii) any agreement between any Loan Party and any Affiliate of any Relevant Party and (iii) any brokerage, leasing, cleaning, maintenance, service or other contract or agreement of any kind (other than Leases) relating to the Properties, in each case involving payment or expense of more than One Million and No/100 Dollars ($1,000,000) during any twelve (12) month period, unless cancelable on thirty (30) days or less notice without requiring payment of termination fees or payments of any kind.

  • Management Contract means the contract executed between the treasurer and a program manager.

  • works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Collective Bargaining Agreement means any written or oral agreement, memorandum of understanding or other contractual obligation between the Company or any of its Subsidiaries and any labor organization or other authorized employee representative representing Service Providers.

  • Charter contract or "contract" means a fixed-term, renewable contract between a