Single undertaking definition

Single undertaking means, for the purposes of this Regulation, all enterprises having at least one of the following relationships with each other:
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Single undertaking here means that each member was expected to take on all obligations, that the codes approach of the Tokyo Round, in which each member could opt to sign some codes and not sign others, was not available. John Croome, who served in the GATT/WTO Secretariat throughout the Tokyo and Uruguay Rounds, has pointed out in correspondence that “single undertaking” initially referred to the members voting on all parts of the agreement as a whole, i.e., that the outcome of the tariff negotiations would not be put up for approval separately from the outcome of the subsidies negotiations. As the negotiations progressed, the meaning of “single undertaking” expanded to include the “no country can opt out of any part” meaning.
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Single undertaking means for the purposes of the EU rules on competition an undertaking is any entity engaged in an economic activity, regardless of its legal status and the way in which it is financed. Enterprises falling under the EU commission definition of ‘linked enterprises’ in the definition of small or medium-sized enterprises (SMEs) in Commission Recommendation 2003/361/EC are considered as one single undertaking for purposes of this aid.
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Examples of Single undertaking in a sentence

  • A taxpayer must treat two or more rent- al real estate undertakings as a single rental real estate undertaking for a taxable year if any passthrough entity through which the taxpayer holds such undertakings treats such undertakings as a single activity on the applicable return of the passthrough entity for the taxable year of the taxpayer.(iii) Single undertaking treated as mul- tiple undertakings.

  • Single undertaking + services negotiations “with a view to promoting the economic growth of all trading partners and the development of developing and least-developed countries” 2005: Hong Kong Declaration: “Members shall develop disciplines on domestic regulation pursuant to the mandate under Article VI:4 of the GATS before the end of the current round of negotiations.

  • See United States Government/laws Xxxxxxx, Xxxxxxx, 27, 37 Xxxxxxx, former U.S. Ambassador Xxxxxxx, 275 Xxxx, Xxxxx Xxxxx, 315 Simplified Stock Corporation, 341–343 Single undertaking approach, 18, 46, 73, 77, 133, 201 Singapore Market Liberalization, 322–323 U.S.-Singapore FTA, 112 Singapore Issues [Doha Round], 32, 42 “Single-window” system.

  • Single undertaking or several undertakings cannot have a significant impact on the prevailing prices and other sale conditions, if its customers can switch easily to available substitutes or to suppliers located elsewhere.

  • Single undertaking: the launch, conduct and conclusion of the negotiations shall be treated as parts of a single undertaking.

  • See, WTO, http://www.wto.org/english/tratop_e/trips_e/gi_background_e.htm#protection, last visited 2009-12-17.329 See, supra, section 2.5.5.2, for analysis of TRIPs, Article 24.1.330 Single undertaking, as used in by the WTO, means that certain matters, and the negotiations on them, have been “bundled” together.

  • The Technical proposals shall be evaluated by the technical evaluation committee in the light of following evaluation criteria: Category Single undertaking covering following aspects:i.


More Definitions of Single undertaking

Single undertaking concept, which essentially means that all the instruments that make up the complex body of WTO law are equally binding upon all members regardless of their stage of economic and social development,80 presented an optimal choice to commit most members to a set of common obligations and to conclude the WTO covered agreements at the time of the Uruguay Round negotiations. However world trade then looked very different from the emerging complex world trade today.81 Balancing the interests of 157 WTO members, across much more diverse issues, on the negotiation table has made it increasingly difficult to conclude negotiations that “bind all WTO Members equally”.82 Thus, many commentators are of the view that the probability of future success under the current single-undertaking system appears slight.83 On the other hand, although Regional Trade Agreements (RTAs) can enable deeper agreements to be reached between interested trading partners, they have the problem of gaps in the content as well as differences in coverage.84 Indeed, this “spaghetti bowl” has resulted in traders being subjected to multiple conflicting requirements all over the world.85 In addition, RTAs have potential difficulties in dealing with complex problems that require global compliance by means of multilateral solutions. In particular, regulatory issues under RTAs have been proven to be inefficient, if not impracticable, to implement.86
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Single undertaking approach, which means “nothing is agreed until everything is agreed,” prevented progress
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Related to Single undertaking

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Disclosure Undertaking means the Continuing Disclosure Undertaking, dated as of the Dated Date, relating to certain obligations contained in the SEC Rule.

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

  • related undertaking means any undertaking in which any person has a

  • Group Undertaking means the Company or another undertaking in the group;

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • Performance Undertaking means that certain Performance Undertaking, dated as of May 10, 2002, by Performance Provider in favor of Seller, substantially in the form of Exhibit XI, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or any Subsidiary of the Borrower that are customary in a Securitization Financing.

  • Confidentiality Undertaking means a confidentiality undertaking substantially in a recommended form of the LMA or in any other form agreed between the Borrower and the Agent.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • Undertaking Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.

  • Affidavit and Undertaking means the affidavit and undertaking provided by the Bidder substantially in form and manner as annexed in Annexure I hereto;

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • Letter of Undertaking means the letter of undertaking from, amongst others, the Issuer and its Managing Directors to the Initial Purchaser, Investment Manager and the Trustee.

  • Compliance agreement means a written agreement between a person and the Commissioner to achieve compliance with this quarantine.

  • Facility Agreement means an agreement or arrangement between a State Party and the Organization relating to a specific facility subject to on-site verification pursuant to Articles IV, V and VI.

  • Side Agreement means the Side Agreement for Transfer Agency Services between the Customer and Transfer Agent dated as of January 1, 2015.

  • Commercial Agreement means an agreement, other than an agency agreement, made between carriers and relating to the provision of their joint services for carriage of passengers by air;

  • Tri-Party Agreement shall have the meaning set forth in Section 6.4 hereof.

  • Main Agreement means the part of this Agreement that commences on the first page and ends with but includes Schedule A, excluding Section 3(d) (which incorporates this Schedule C into the Agreement).

  • Finance agreement means a loan, lease, or installment sale agreement for a motor vehicle. The term includes, but is not limited to, an installment sale contract, a retail installment contract, or a retail charge agreement.

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Sewerage Undertaker means the Company appointed to be the sewerage undertaker under Section 6(1) of the 1991 Act for the area in which the property is or will be situated;

  • Existing Facility Agreement has the meaning specified therefor in the recitals hereto.