DERIVATION Clause Samples

The DERIVATION clause defines how certain rights, obligations, or benefits are derived from another source, such as a parent agreement, statute, or underlying document. In practice, this clause specifies the basis or origin of particular terms, clarifying that their validity or application depends on the referenced source. For example, it may state that a party’s rights under the contract are derived from a master agreement or a regulatory framework. The core function of this clause is to ensure transparency and legal certainty by clearly linking contractual provisions to their foundational authority, thereby reducing ambiguity and potential disputes over their origin or applicability.
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DERIVATION. The Allocated Expense Share for each Participating ---------- Producer will be a single share applicable to any Allocated Expense, computed by determining for that Participating Producer a Partial Allocated Expense Share for Period I Claims (defined herein as any Asbestos-Related claims filed or brought on or before September 30, 1983), Period II & III Claims (defined herein as any Asbestos-Related Claims filed or brought during the period October 1, 1983, through June 19, 1986), and Period IV Claims (defined herein as any Asbestos-Related Claims filed or brought after June 19, 1986), respectively, and by taking the weighted average of those Partial Allocated Expense Shares weighted by the total number of open claims the Center had in each of those periods, as of September 30, 1991. The Partial Allocated Expense Shares for each Participating Producer will be computed as follows: (i) For Period I Claims, the Partial Allocated Expense Share for each Participating Producer will be the allocated expense share (determined pursuant to Appendix A-1 of the Agreement Concerning Asbestos-Related Claims dated May 29, 1985) that each Participating Producer had in the Asbestos Claims Facility as of September 1, 1987, adjusted upward pro rata to reflect the absence of the allocated expense shares of those producers who were members of the Asbestos Claims Facility but were not members of the Center as of September 30, 1991. (ii) For Period II & III Claims, the Partial Allocated Expense Share for each Participating Producer will be computed as provided in this paragraph A.2.a(ii). For Participating Producers that became members of the Asbestos Claims Facility pursuant to Section H of Appendix A-1 of the Agreement Concerning Asbestos-Related Claims dated May 29, 1985 (the "New Entrants") their Partial Allocated Expense Share will be their respective allocated expense shares as negotiated pursuant to that Section H, with appropriate adjustments to reflect the absence of the allocated expense shares for Period II & III Claims of those Producers who were members of the Asbestos Claims Facility but were not members of the Center as of September 30, 1991. For all other Participating Producers, the Partial Allocated Expense Share for each Participating Producer will be computed by taking the number of Period II & III Claims in which that Participating Producer is named as a defendant or a third-party defendant or is otherwise designated in a claim as responsible for the injury, ...
DERIVATION. Bidder's proposal.
DERIVATION. ‌ The hybrid method can be applied to the reordering or standard truncation method. Here, we discuss the derivation for the standard truncation method, but the same procedure yields a hybrid reordering method. We will start by re-deriving the truncation method from a different perspective than the original derivation in Section 4.1. From the derivation of the baseline method in Section 3.1, we have K = U1 .Σ1 + ▇ ▇ .▇ ▇▇ ⊗ ▇▇▇ ▇▇▇
DERIVATION. 4.1 This Agreement forms an annex to the ‘Memorandum of Understanding between Scottish Government (SG) and Department for Work and Pensions (DWP) on joint working arrangements covering the implementation of devolved provisions in the ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ relating to Social Security and Employment Support Services in Scotland’, and is to be read in conjunction with the following documents, insofar as they are not replaced or terminated in the future: Concordat between the DWP and the SG. March 2020 Memorandum of Understanding and Supplementary Agreements on Devolution between the United Kingdom Government, the Scottish Ministers, the Welsh Ministers, and the Northern Ireland Executive Committee (MoU on devolution) October 2013 Memorandum of Understanding between Scottish Government (SG) and the DWP on joint working arrangements covering the implementation of devolved provisions in the ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ relating to Social Security and Employment Support Services in Scotland (the ‘DWP/SG Single MoU’) and the following Annexes: Generic Aspects Data Sharing Agreement [REDACTED] Data Sharing Agreement [REDACTED] Payment & Accounting Services Service Level Agreement Payment & Accounting Services Data Processing Agreement January 2019 Memorandum of Understanding For Post Office® card account and Payment Exception Services Between Department for Work and Pensions and Scottish Ministers January 2019 Memorandum of Understanding Between The Secretary of State for Work and Pensions And The Scottish Ministers acting through the Scottish Government and on behalf of Social Security Scotland in relation to benefit accounting and reconciliation services provided to the Scottish Ministers January 2019 The Agreement between the Scottish Government and the United Kingdom Government on the Scottish Government’s fiscal framework  Annex C – Operation and Governance of the Scottish Government’s Fiscal Framework February 2016 Scottish Devolution: Financial Arrangements for Formal Agreements and Financial Summary to support the Job Start Payment Service Level Agreement between Department for Work and Pensions and Scottish Ministers. March 2020 Scottish Devolution: A Framework for Audit and Accountability March 2019 DWP and SG Joint Communications Framework. July 2017 [REDACTED] [REDACTED]
DERIVATION. 4.1 This Agreement forms an annex to the ‘Memorandum of Understanding between the Scottish Ministers (SM) and Department for Work and Pensions (DWP) on joint working arrangements covering the implementation of devolved provisions in the ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ relating to Social Security and Employment Support Services in Scotland’, and will be read in conjunction with the following documents and any subsequent arrangements which are agreed and support this Agreement, insofar as they are not replaced or terminated in the future: Concordat between The Department for Work and Pensions and Scottish Government July 2010 Memorandum of Understanding and Supplementary Agreements on Devolution between the United Kingdom Government, the Scottish Ministers, the Welsh Ministers, and the Northern Ireland Executive Committee (MoU on Devolution) October 2013 Memorandum of Understanding between the Scottish Ministers (SM) and Department for Work and Pensions (DWP) on joint working arrangements covering the implementation of devolved provisions in the ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ relating to Social Security and Employment Support Services in Scotland (DWP/SM Single MoU) January 2019 The Agreement between the Scottish Government and the United Kingdom Government on the Scottish Government’s fiscal framework February 2016 Scottish Devolution: A Framework for Audit and Accountability March 2019 Scottish Devolution: Financial Arrangements for Formal Agreements and Financial Summary to the benefits under the Industrial Injuries Scheme Agency Agreement Date of signing of this Agreement DWP and SG Joint Communications Framework July 2017
DERIVATION. This Agreement forms an annex to the “Memorandum of Understanding between Scottish Government (SG) and Department for Work and Pensions (DWP) on joint working arrangements covering the implementation of devolved provisions in the ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇”, and is to be read in conjunction with the following documents, insofar as they are not replaced or terminated in the future: Memorandum of Understanding between Scottish Government (SG) and Department for Work and Pensions (DWP) on joint working arrangements covering the implementation of devolved provisions in the ▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ relating to Social Security and Employment Support Services in Scotland (the “SG/DWP Single MoU”) and the following Annexes: CAS Data Sharing Agreement Annex CIS Data Sharing Agreement Annex CIS Service Level Agreement Annex 25 October 2016 Summer 2018 Summer 2018 Summer 2018 The agreement between the Scottish Government and the United Kingdom Government on the Scottish Government’s fiscal framework Annex C - Operation and Governance of the Scottish Government’s Fiscal Framework 26 February 2016 Scottish Devolution Framework for Audit and Accountability Summer 2018 Scottish Devolution: Financial Statement to support CAS SLA (Date of signing of the CAS SLA) DWP and SG Joint Communications Framework July 2017
DERIVATION. This being the identical property conveyed to CHAM▇▇▇▇ ▇▇▇ICAL TECHNOLOGIES OF SOUTH CAROLINA, INC. by deed dated May 4, 1994 recorded in the office of the Clerk of Court for Hampton County in Deed Book 173 at page 296.
DERIVATION. HMRC and the Welsh Government have agreed an overarching Memorandum of Understanding (MoU), which sets out HMRC and the Welsh Government’s on-going respective responsibilities at an official level in relation to establishing and operating the Welsh Income Tax powers in an efficient and effective manner. It also provides the framework for inter-Government work at Ministerial and official level to oversee the establishment and operation of the Welsh Income Tax powers.
DERIVATION. 4.1 This Agreement is to be read in conjunction with the following documents, insofar as they are not replaced or terminated in the future: Memorandum of Understanding and Supplementary Agreements on Devolution between the United Kingdom Government, the Scottish Ministers, the Welsh Ministers, and the Northern Ireland Executive Committee (MoU on devolution) 2013 Data Processing Agreement (Joint Controllers) (GDPR) between the Secretary of State for the Ministry of Defence and Scottish Ministers 2019 5.1 MoD agrees to inform ▇▇ as soon as reasonably practicable in advance of any potential changes that may impact on or require changes to the Services. 5.2 Each party would need to agree whether a revision to this Agreement is required. Subject to Section 3.2 above. 5.3 Any mutually agreed minor changes or amendments, will be dealt with through normal means of communications via the single point of contacts (“SPoCs”). SPoCs for each party are as follows: 5.4 Where more significant change is required the SPoCs will apply the appropriate Business as Usual (BAU) change control processes. Where the change is agreed it will be incorporated into this Agreement as an amendment following any review.
DERIVATION. Authority requirements