Fundamental Principle Clause Samples
The Fundamental Principle clause establishes the core values or guiding standards that underpin the agreement or relationship between the parties. In practice, this clause may articulate commitments to honesty, good faith, or compliance with certain ethical or legal standards, setting a baseline for expected conduct. Its main function is to provide a clear foundation for interpreting the contract and resolving disputes, ensuring that all parties understand the essential expectations governing their interactions.
Fundamental Principle. It is a fundamental principle of this Contract that the parties shall at all times act in a timely and transparent manner with each other and with the Service User, placing a high priority on working in partnership where the Service User’s needs are paramount. The Service User’s perspective shall be a key consideration in relation to the parties’ exercise of their respective duties, rights and powers under this Contract.
Fundamental Principle. The convention was made in acknowledging the importance of migratory species being conserved, paying special attention to migra- tory species, and taking individually or in co-operation appropriate and necessary steps to conserve such species and their habitat. In the need to take action to avoid any migratory species from danger, the parties should promote, cooperate in and support research relating to migra- tory species, provide immediate protection to the species, and conclude agreements covering the conservation and management of the species.
Fundamental Principle. (1) The Contracting Parties, within the frame- work of their respective national laws, under- take to adopt singly, or where necessary and appropriate through concerted action, the measures necessary to maintain essential ecological process and life-support systems, to preserve genetic diversity, and to ensure the sustainable utilization of harvested natural resources under their jurisdiction in accordance with scientific principles and with a view to attaining the goal of sustainable develop- ment.
(2) To this end they shall develop national conservation strategies, and shall co-ordinate such strategies within the framework of a conservation strategy for the Region.
Fundamental Principle. (1) The Contracting Parties, within the framework of their respective national laws, undertake to adopt singly, or where necessary and appropriate through concerted action, the measures necessary to maintain essential ecological process and life-support systems, to preserve genetic diversity, and to ensure the sustainable utilization of harvested natural resources under their jurisdiction in accordance with scientific principles and with a view to attaining the goal of sustainable development.
(2) To this end they shall develop national conservation strategies, and shall co-ordinate such strategies within the framework of a conservation strategy for the Region.
Fundamental Principle. The Parties hereby acknowledge and agree that the Cooperation described in Sections 1.1.A., 1.1.B., and 1.1.C., or as otherwise restructured by the Parties, shall at all times be based on the fundamental principle that subject to the conditions of this Agreement, the DaVita Parties shall be entitled to 70% of the Economic Benefits realized from the Cooperation, and the 3SBio Parties shall be entitled to 30% of the Economic Benefits realized from the Cooperation, pursuant to the Fundamental Principle described in Section 1.1.
A. The Parties shall endeavor to realize the Economic Benefits to be derived from the ******** Centers and the management contracts with the Managed Centers, and shall transfer, assign, or otherwise provide such Economic Benefits to ******** as described in this Agreement, to the extent permitted by applicable law.
B. To the extent any such Economic Benefits are not provided to ******** or ********, Sunshine shall collect the same on behalf of********, and pay such collected amounts as directed by ******** from time to time, as ******** or ********, as described in the Funding Plan.
C. In the event that by the end of the Term ******** Centers have ********become ******** by********, or been ******** to ******** or other similar********, Sunshine shall ******** these Clinical Centers and any other ******** at the end of the Term for a Fair Market Value, and ******** of such********or other ******** shall be********to****************