Conditionalities Sample Clauses
Conditionalities. The effective launching of some of the projects listed above is subject to particular conditions that are described, in more detail, in the respective project fiches.
Conditionalities. 4.1. In case the Booked daily transmission capacities specified in Individual Contract at the Entry point Veľké Zlievce has not become available to the Shipper in part or full, due to a reason attributable to EUS, other than a reason implied and/or enabled by the applicable legislation and/or Operational order, the Shipper shall have the right (for the period starting on the first Day of the Booked daily transmission capacity commencement until the day when the Booked daily transmission capacity has become available to the Shipper in full) to reduction of the respective payment (hereinafter “Payment Reduction”) reflecting the capacity not provided to the Shipper. In such case EUS shall inform the Shipper in due time and keep the Shipper informed on new estimated date of full provision of the Booked daily transmission capacities. This is without prejudice to any restriction or interruption of gas transmission governed by the applicable legislation and the Operational order to which the abovementioned Payment Reduction shall not apply.
4.2. The Parties agree that if the Booked daily transmission capacities specified in Individual Contract at the entry point Veľké Zlievce has not become available to the Shipper in part or full, due to any reason, not attributable to EUS, such fact does not exclude or in any way affect the Shipper’s payment obligations under this Contract.
Conditionalities. The signature of the contribution agreement is conditional on the fulfilment of the conditions set out in this chapter.
(1) CARICOM will undertake to make a counterpart contribution to the contribution agreement component of the overall programme, equivalent to €900,000 over the life of the programme, subject to approval in the 2007 CARICOM budget exercise; furthermore, CARICOM undertakes to make at least €250,000 of this amount available in year one and, at least 50% of the balance in year 2 of the contribution agreement; the remainder will be provided in year 3;
(2) An effective merger of the function of the CARIFORUM Secretariat into the CARICOM Secretariat in order to optimise the efficient management of these EDF resources will have to be implemented. The merger will be evident in the CARICOM Secretariat organigramme and in the staff recruitment notices for this programme.
(3) Opening of a separate bank account used for the receipts and the payments related to the contribution agreement. During the execution of the contribution agreement:
(1) The negotiation of an effective and robust framework for reclaiming sales taxes (or VAT if introduced in Guyana) is negotiated with the corresponding Government department in Guyana. (see recommendation 1 of the outcome of the institutional assessment of 2006).
(2) A review and amendment of CARICOM's Guidelines and Procedural Manual (see recommendations 15, 16 and 17 of the outcome of the institutional assessment).
(3) Implementation of those conditions and recommendations which were agreed to by both CARICOM and the EC, following the institutional assessment carried out by the auditors.
Conditionalities. 4.1. In case the Booked daily transmission capacities specified in Individual Contract at the Entry point Veľké Zlievce has not become available to the Shipper in part or full, due to a delay of the Project or due to a reason attributable to EUS, other than a reason implied and/or enabled by the applicable legislation and/or Operational order, the Shipper shall have the right (for the period starting on the first Day of the Booked daily transmission capacity commencement until the day when the Booked daily transmission capacity has become available to the Shipper in full) to reduction of the respective payment (hereinafter “Payment Reduction”) reflecting the capacity not provided to the Shipper. In such case EUS shall inform the Shipper in due time and keep the Shipper informed on new estimated date of full provision of the Booked daily transmission capacities. This is without prejudice to any restriction or interruption of gas transmission governed by the applicable legislation and the Operational order to which the abovementioned Payment Reduction shall not apply.
4.2. The Parties agree that if the Booked daily transmission capacities specified in Individual Contract at the entry point Veľké Zlievce has not become available to the Shipper in part or full, due to any reason, not attributable to EUS, such fact does not exclude or in any way affect the Shipper’s payment obligations under this Contract.