Division of tasks and cooperation Sample Clauses

Division of tasks and cooperation fundamental principles The Bank and the FME shall cooperate closely in monitoring the financial system. This cooperation involves three things: exchanging necessary information, consulting with the other party before drafting rules or taking action affecting the work of both institutions, and collaborating on defined tasks or projects. The division of tasks between the two institutions takes account of the provisions of the legislation governing their activities. The following principles shall be upheld:  Where there is an explicit division of tasks, the party carrying out supervision in a given area shall inform the other party on a regular basis of the supervision conducted; cf. Section 3 of this Cooperation Agreement.  Where tasks overlap to some degree, supervision shall be coordinated to the extent possible, and information shall be exchanged, including work carried out by risk assessment groups comprising experts from both institutions.
Sample 1
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Related to Division of tasks and cooperation

  • Areas of Cooperation The Parties will cooperate, in particular, in the following areas of common interest:

  • Scope of Cooperation 1. The Authorities recognise the importance of close communication concerning the Covered CCPs and intend to cooperate regarding:

  • Audit Cooperation In the event either Party is audited by a taxing authority, the other Party agrees to cooperate fully with the Party being audited in order to respond to any audit inquiries in a proper and timely manner so that the audit and/or any resulting controversy may be resolved expeditiously.

  • Assistance and Cooperation After the Closing Date, each of Seller and Purchaser shall:

  • Regional cooperation In order to make the most of this Agreement, the Parties shall xxxxxx all activities which have a regional impact or involve third countries, notably:

  • Labor-Management Cooperation When an Appointing Authority initiates a planning process or management study which is anticipated to result in layoff, the Appointing Authority will meet and confer with the Local Union during the decision planning phase and again during the implementation planning phase. The Appointing Authority and the Local Union shall enter into negotiations regarding a Memoranda of Understanding upon request of either party to modify this Agreement regarding the implementation plans which shall include, but are not limited to, the following: • Length of layoff notice; • Job and retraining opportunities; • Alternative placement methods; • Early retirement options pursuant to M.S. 43A.24, Subd. 2(i); • Bumping/vacancy options for part-time employees to preserve their insurance eligibility or contribution; and • Other methods of mitigating layoff or their effect on employees.

  • General Cooperation (a) The Parties shall each cooperate fully (and each shall cause its respective Subsidiaries to cooperate fully) with all reasonable requests in writing (“Information Request”) from another Party hereto, or from an agent, representative or advisor to such Party, in connection with the preparation and filing of Tax Returns (including the preparation of Tax Packages), claims for Refunds, Tax Proceedings, and calculations of amounts required to be paid pursuant to this Agreement, in each case, related or attributable to or arising in connection with Taxes of any of the Parties or their respective Subsidiaries covered by this Agreement and the establishment of any reserve required in connection with any financial reporting (a “Tax Matter”). Such cooperation shall include the provision of any information reasonably necessary or helpful in connection with a Tax Matter (“Information”) and shall include, without limitation, at each Party’s own cost:

  • Labor cooperation The Parties shall enhance their communication and cooperation on labor, social security and environment issues through Memorandum of Understanding on Labor Cooperation between the Government of the People's Republic of China and the Government of the Republic of Peru.

  • Industrial cooperation The aim of cooperation shall be to:

  • Cooperation and Coordination The Parties acknowledge and agree that it is their mutual objective and intent to minimize, to the extent feasible and legal, taxes payable with respect to their collaborative efforts under this Agreement and that they shall use all commercially reasonable efforts to cooperate and coordinate with each other to achieve such objective.

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