Nature of the 2015 agreement Sample Clauses

Nature of the 2015 agreement. The Ad-hoc Working Group on the Durban Platform for Enhanced Action aims at laying the foundation for developing a global and comprehensive legally-binding agreement under the Convention that is applicable to all Parties, and at ensuring that mitigation action before 2020 will be enhanced. In Durban, Parties agreed on the general terms that the 2015 agreement should be ambitious, sufficient, applicable to all Parties with fair share, comprehensive (mitigation, adaptation, means of implementation, and transparency of action and support), legally-binding and be adopted by 2015 at latest to enter into force by 2020 (EU 2013a, b). To accomplish the broadest possible participation in the 2015 agreement, Canada believed that the new agreement should provide for flexibility, transparency and accountability; encourage greater and broader ambition continually; and facilitate Parties in meeting their commitments (Canada 2013). Stressing the equal importance of mitigation and adaptation, South Africa suggested that a future agreement shall be dynamic, cost-effective and fair (Öko Institut 2013). To realise broader participation through the 2015 agreement, Korea stressed the three points to be taken into account: national circumstances, balance between stringency and participation, and incentivising more ambitious action (Korea 2013).
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Related to Nature of the 2015 agreement

  • Modification of the Agreement Notwithstanding any of the provisions of this Agreement, the parties may agree to amend this Agreement. No alteration or variation of the terms of this Agreement shall be valid unless made in writing and signed by the parties hereto. No oral understanding or agreement not incorporated herein shall be binding on any of the parties hereto.

  • Modification, Amendment and Termination This Limited Guaranty may be modified, amended or terminated only by the written agreement of GMAC and the Trustee and only if such modification, amendment or termination is permitted under Section 12.02 of the Servicing Agreement. The obligations of GMAC under this Limited Guaranty shall continue and remain in effect so long as the Servicing Agreement is not modified or amended in any way that might affect the obligations of GMAC under this Limited Guaranty without the prior written consent of GMAC.

  • Amendment of the Agreement The Agreement is hereby amended as follows:

  • Amendments to this Subadvisory Agreement This Subadvisory Agreement may be amended by mutual agreement in writing, subject to approval by the Board of Trustees of the Trust and the Fund’s shareholders to the extent required by the Act.

  • Modification, Amendment and Waiver The authority of the Trustees hereunder to authorize the Trust to enter into contracts or other agreements or arrangements shall include the authority of the Trustees to modify, amend, waive any provision of supplement, assign all or a portion of, novate, or terminate such contracts, agreements or arrangements. The enumeration of any specific contracts in this Section 5.12 shall in no way be deemed to limit the power and authority of the Trustees as otherwise set forth in this Declaration of Trust to authorize the Fund to engage, contract with or make payments to such Persons as the Trustees may deem desirable for the transaction of the business of the Fund.

  • The Agreement 1.1 This Agreement includes: (a) the Principal Document; (b) the Tariffs of each Party applicable to the Services that are offered for sale by it in the Principal Document (which Tariffs are incorporated into and made a part of this Agreement by reference); and, (c) an Order by a Party that has been accepted by the other Party.

  • Termination Amendment and Waiver 46 7.1 Termination....................................................................................46 7.2

  • Existing Agreement Except as expressly amended herein, the Credit Agreement shall remain in full force and effect, and in all other respects is affirmed.

  • One Agreement This Agreement and any related security or other agreements required by this Agreement, collectively:

  • Financing Agreement This Amendment shall constitute a Financing Agreement.

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