Examples of NAI Parties in a sentence
To reiterate briefly, Count I asserts a derivative claim for breach of fiduciary duty against the NAI Parties for disloyally engineering the Merger in a conflicted transaction that violated the 2018 Settlement and from which they extracted non-ratable benefits.
Lessons learned from the Annex I countries are helpful for NAI Parties, keeping in mind that reporting requirements for Annex I countries are more rigorous (e.g. annual reporting of inventory).The guidance presented in this paper can be visualised as a step-by-step process that sequentially addresses key actions for setting up or enhancing a national technical team for GHG inventories (Figure 1).
As for the viability of the claims, Defendants maintain that Plaintiffs’ breach of fiduciary duty claims related to the Merger must be evaluated under the deferential business judgment rule because Plaintiffs have failed to well plead that the NAI Parties, as controller, derived any benefit from the Merger not shared with CBS’s other stockholders and have failed to well plead that the CBS Board was otherwise conflicted.
Because Plaintiffs have pled facts that allow a reasonable inference the Merger was not entirely fair to CBS’s minority stockholders, the motion to dismiss the claims against the NAI Parties must also be denied.
In the context of an ongoing, two-year cycle of GHG inventory preparation and reporting, there is a need to institutionalise the related processes within a national system for measurement, reporting and verification (MRV), compliant with the reporting requirements for NAI Parties under the UNFCCC.
Most troubling to the CBS Board, however, was that the NAI Parties were attempting to thrust a floundering Viacom upon a thriving CBS in hopes that the combination would enhance the value of the NAI Parties as controlling stockholders of both companies.
Many NAI Parties continue to rely on funding from the Global Environment Facility (GEF) as well as other internationally and/or bilaterally funded projects to develop their GHG inventories, BURs3 and NCs. Additionally, in the past, these approaches for support have frequently relied on external technical experts, rather than on building capacities of national personnel.
Nevertheless, while the UNFCCC recognises that NAI Parties require financial and technical assistance and support for the preparation of NCs and BURs, it is also important to consider that GEF and other international funding may not be a long-term solution for fully financing the GHG inventory, in particular if the aim is to institutionalise the inventory into the national structures and build up the necessary capacities.
The first BURs were due in December 2014.Currently, in accordance with the guidelines for the preparation of NCs from NAI Parties, GHG inventories should, as a minimum, be prepared following the Revised 1996 Intergovernmental Panel on Climate Change (IPCC) Guidelines for National Greenhouse Gas Inventories.
The requirements for reporting by NAI Parties have evolved since the UNFCCC was established.