Common use of Common Financial Obligations Clause in Contracts

Common Financial Obligations. The Executive Committee may agree, acting by unanimity, to establish a common fund to share the costs of its responsibilities and administrative activities set forth under Article 3 hereof. In addition, Annex Participants wishing to share the costs of a particular Task shall agree in the appropriate Task Annex to establish a separate common fund. The apportionment of contributions to such common funds (whether in the form of cash, services rendered, intellectual property or the supply of materials) as well as the management and use of such common funds shall be governed by the regulations and decisions made pursuant to this Article by the Executive Committee, acting by unanimity.

Appears in 2 contracts

Samples: Implementing Agreement, Implementing Agreement

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Common Financial Obligations. The Executive Committee may agree, acting by unanimity, to establish a common fund to share the costs of its responsibilities and administrative activities set forth under Article 3 hereofabove. In addition, Annex Participants wishing to share the costs of a particular Task shall agree in the appropriate Task Annex to establish a separate common fund. The apportionment of contributions to such common funds (whether in the form of cash, services rendered, intellectual property or the supply of materials) as well as the management and the use of such common funds shall be governed by the regulations and decisions made pursuant to this Article by the Executive Committee, acting by unanimity.

Appears in 2 contracts

Samples: Implementing Agreement, Implementing Agreement

Common Financial Obligations. The Executive Committee may agree, acting by unanimity, to establish a common fund to share the costs of its responsibilities and administrative activities set forth under Article 3 hereof. In addition, Annex Participants wishing to share the costs of a particular Task shall may agree in the appropriate Task Annex to establish a separate common fund. The apportionment of contributions to such common funds (whether in the form of cash, services rendered, intellectual property or the supply of materials) as well as the management and use of such common funds shall be governed by the regulations and decisions made pursuant to this Article by the Executive Committee, acting by unanimity.

Appears in 1 contract

Samples: Implementing Agreement

Common Financial Obligations. The Executive Committee may agree, acting by unanimity, to establish a common fund to share the costs of its responsibilities and administrative activities set forth under Article 3 hereofhereof (the “Agreement Common Fund”). In addition, Annex Participants wishing to share the costs of a particular Task shall may agree in the appropriate Task Annex to establish a separate common fundfund (each, an “Annex Common Fund”). The apportionment of contributions to such common funds (whether in the form of cash, services rendered, intellectual property or the supply of materials) as well as the management and use of such common funds shall be governed by the regulations and decisions made pursuant to this Article by the Executive Committee, acting by unanimity.

Appears in 1 contract

Samples: Implementing Agreement

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Common Financial Obligations. The Executive Committee may agree, acting by unanimity, to establish a common fund to share the costs of its responsibilities and administrative activities set forth under Article 3 hereofabove. In addition, Annex Participants wishing to share the costs of a particular Task shall agree in the appropriate Task Annex to establish a separate common fund. The apportionment of contributions to such common funds costs (whether in the form of cash, services rendered, intellectual property or the supply of materials) as well as the management and the use of such common funds shall be governed by the regulations and decisions made pursuant to this Article by the Executive Committee, acting by unanimity.

Appears in 1 contract

Samples: Energy Agency Implementing Agreement

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