Common use of Existing Principles Clause in Contracts

Existing Principles. 1. Decisions relating to any scale of contributions will be adopted by consensus, having regard to the differing resources of the different Parties, in accordance with article VII(2)(a). 2. The formula set out in Resolution [3.6] will continue to be used The inputs to the formula will be taken from the latest published datasets, which will be applied taking account of the differing resources of the different Parties in accordance with article VII(2)(a). 3. The accession of any Party to the Agreement during an intersessional period will not result in the recalculation of the formula set out in Resolution [2.3] for any other Party prior to the next MoP. 4. Subject to consensus of all Parties present at the MoP, caps may be applied to limit the amount that any one Party must pay (e.g. maximum percentage of budget; minimum amount).

Appears in 1 contract

Sources: Agreement on the Conservation of Albatrosses and Petrels

Existing Principles. 1. Decisions relating to any scale of contributions will be adopted by consensus, having regard to the differing resources of the different Parties, in accordance with article VII(2)(a). 2. The formula set out in Resolution [3.6] will continue to be used used. The inputs to the formula will be taken from the latest published datasets, which will be applied taking account of the differing resources of the different Parties in accordance with article VII(2)(a). 3. The accession of any Party to the Agreement during an intersessional period will not result in the recalculation of the formula set out in Resolution [2.3] for any other Party prior to the next MoP. 4. Subject to consensus of all Parties present at the MoP, caps may be applied to limit the amount that any one Party must pay (e.g. maximum percentage of budget; minimum amount).

Appears in 1 contract

Sources: Agreement on the Conservation of Albatrosses and Petrels