FINANCIAL MECHANISM. Article 115 With a view to promoting a continuous and balanced strengthening of trade and economic relations between the Contracting Parties, as provided for in Article 1, the Contracting Parties agree on the need to reduce the economic and social disparities between their regions. They note in this regard the relevant provisions set out elsewhere in this Agreement and its related Protocols, including certain of the arrangements regarding agriculture and fisheries. Article 116 A Financial Mechanism shall be established by the EFTA States to contribute, in the context of the EEA and in addition to the efforts already deployed by the Community in this regard, to the objectives laid down in Article 115. Article 117 Provisions governing the Financial Mechanism are set out in Protocol 38. PART IX
FINANCIAL MECHANISM. The Parties shall establish a financial mechanism with the objective of supporting institutional development and capacity building in host state developing countries and, in particular, least-developed countries. Support from this mechanism may be directed at support for the Technical Assistance Committee, invest- ment promotion and facilitation projects, at the monitoring of the effectiveness of this agreement, and for the establishment and operation of the Legal Assistance Centre.
FINANCIAL MECHANISM. Article 115 With a view to promoting a continuous and balanced strengthening of trade and economic relations between the Contracting Parties, as provided for in Article 1, the Contracting Parties agree on the need to reduce the economic and social disparities between their regions. They note in this regard the relevant provisions set out elsewhere in this Agreement and its related Protocols, including certain of the arrangements regarding agriculture and fisheries. Article 116 A Financial Mechanism shall be established by the EFTA States to contribute, in the context of the EEA and in addition to the efforts already deployed by the Community in this regard, to the objectives laid down in Article 115.
FINANCIAL MECHANISM. Article 115 With a view to promoting a continuous and balanced strengthening... Article 116 A Financial Mechanism shall be established by the EFTA States... Article 117 Provisions governing the Financial Mechanisms are set out in Protocol...
FINANCIAL MECHANISM. Article 115 With a view to promoting a continuous and balanced strengthening of trade and economic relations between the Contracting Parties, as provided for in Article 1, the Contracting Parties agree on the need to reduce the economic and social disparities between their regions. They note in this regard the relevant provisions set out elsewhere in this Agreement and its related Protocols, including certain of the arrangements regarding agriculture and fisheries. Article 116 A Financial Mechanism shall be established by the EFTA States to contribute, in the context of the EEA and in addition to the efforts already deployed by the Community in this regard, to the objectives laid down in Article 115. Article 117 [F9Provisions governing the Financial Mechanisms are set out in Protocol 38, Protocol 38a, the Addendum to Protocol 38a, Protocol 38b, the Addendum to Protocol 38b and Protocol 38c.] Textual Amendments F9 Substituted by Agreement between the European Union, Iceland, the Principality of Liechtenstein and the Kingdom of Norway on an EEA Financial Mechanism 2014-2021.
FINANCIAL MECHANISM. 3. It is the Participants’ intention to establish a Guyana XXXX-plus Investment Fund (GRIF). The GRIF will be a multi-contributor financial mechanism run by a reputable international organization. It will be designed to channel results-based XXXX-plus funds from Norway and other potential contributors to the implementation of Guyana`s LCDS. Safeguards as well as fiduciary and operational policies of the organization selected will apply as appropriate to all activities to be financed by GRIF. The mechanism will also ensure full national and international oversight of financial flows. The Participants will encourage other developed countries to contribute to the Fund as part of their efforts to combat climate change. The GRIF could over time evolve to cover all types of climate change mitigation and adaptation funding, including if appropriate funding received under the UNFCCC.
FINANCIAL MECHANISM. Article 115 With a view to promoting a continuous and balanced strengthening of trade and economic relations between the Contracting Parties, as provided for in Article 1, the Contracting Parties agree on the need to reduce the economic and social disparities between their regions. They note in this regard the relevant provisions set out elsewhere in this Agreement and its related Protocols, including certain of the arrangements regarding agriculture and fisheries. Article 116 A Financial Mechanism shall be established by the EFTA States to contribute, in the context of the EEA and in addition to the efforts already deployed by the Community in this regard, to the objectives laid down in Article 115. Article 117 [F9Provisions governing the Financial Mechanisms are set out in Protocol 38, Protocol 38a, the Addendum to Protocol 38a, Protocol 38b and the Addendum to Protocol 38b.] Textual Amendments F9 Substituted by Agreement on the participation of the Republic of Croatia in the European Economic Area and three related agreements.
FINANCIAL MECHANISM. Creating a mechanism for the provision of a GEF subsidy in the form of tariff price support to be paid to the successful bidder (the “Project Company”) of the international competitive IPP solicitation carried out by the Project Implementing Entity for the La Venta III Project, which mechanism shall have the following characteristics:
FINANCIAL MECHANISM o Payments for the delivery of services (as per the agreed capitation baseline) will be made monthly. o Variance between actual costs and the baseline will be reviewed in arrears on a quarterly basis. If actual costs are higher than the agreed baseline then the relevant additional share will be paid to the ICO for the quarter, in accordance with agreed risk share proportions. If actual costs are less than the agreed baseline then that month’s contract payment will be reduced to account for underspend in the quarter, in accordance with agreed gain share. o This mechanism to apportion the variance will apply at each of the levels 2, 3 and 4 of extraordinary measures that are described in section 7 below. 7 Cooperation and extraordinary measures The core mechanisms within this risk share agreement aim to incentivise a reduction in cost of health and care across the community, and reduce the risk to individual parties through sharing the impact of adverse (or positive) financial performance between the parties. Level 2 Variance from plan is manageable within each of the parties’ resources.
FINANCIAL MECHANISM. Article 115 With a view to promoting a continuous and balanced strengthening... Article 116 A Financial Mechanism shall be established by the EFTA States... Article 117 Provisions governing the Financial Mechanisms are set out in Protocol... viii Agreement on the European Economic Area Document Generated: 2020-12-21 Status: This is the revised version from EUR-Lex dated 14/12/2019. There are no timeline of changes available for treaties, instead, previous dated versions from EUR-Lex (as pdf) can be accessed via the More Resources menu.
