OPERATING PRINCIPLES AND OBJECTIVES Sample Clauses

The "Operating Principles and Objectives" clause defines the fundamental guidelines and goals that will govern the operation of the agreement or relationship between the parties. It typically outlines the shared values, standards of conduct, and key objectives that both parties are expected to uphold throughout the duration of their collaboration. For example, it may specify commitments to transparency, efficiency, or mutual respect, and set out the primary aims such as achieving certain performance targets or maintaining compliance with relevant regulations. This clause serves to align expectations and provide a clear framework for decision-making, helping to prevent misunderstandings and ensuring that all actions taken under the agreement are consistent with its intended purpose.
OPERATING PRINCIPLES AND OBJECTIVES. Supplier shall perform the Store Services in accordance with the terms of this Statement of Work: a) Supplier shall be responsible for the Store Services described herein at Covered Locations as provided as of the Initiation Date or as of the date agreed for any changes to this Statement of Work.
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OPERATING PRINCIPLES AND OBJECTIVES. Supplier shall perform the Services in accordance with the following Gap operating principles and objectives: (a) Supplier will perform the Services *. (b) All Equipment and Software configurations shall be standardized and access to all Equipment and Software must be capable of being restricted based on the Procedures Manual. (c) Authorized Users shall have access to all assigned Software and data from any location when signed in. (d) Supplier shall use Supplier’s best practices in all aspects of the Services to provide a reliable and scalable environment and shall follow the Procedures Manual. (e) All Services shall be provided in compliance with and controlled by the Procedures Manual. (f) The Help Desk is responsible for initial contact with Authorized Users for IT needs, issues, requests, Incidents, and Problems. (g) The Authorized User experience shall be managed by the Help Desk.
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OPERATING PRINCIPLES AND OBJECTIVES. Supplier shall perform the Services in accordance with the following Gap operating principles and objectives: (a) All Equipment and Software configurations shall be standardized and access to all Equipment and Software must be capable of being restricted based on the Procedures Manual. (b) Authorized Users shall have access to all assigned Software and data from any location when signed in. (c) Supplier shall use Supplier’s best practices in all aspects of the Services to provide a reliable and scalable environment and shall follow the Procedures Manual.
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OPERATING PRINCIPLES AND OBJECTIVES. Supplier shall perform the Services in accordance with the following Gap operating principles and objectives: (a) All Equipment and Software configurations shall be standardized and access to all Equipment and Software must be capable of being restricted based on the Procedures Manual. (b) Authorized Users shall have access to all assigned Software and data from any location when signed in. (c) Supplier shall use Supplier’s best practices in all aspects of the Services to provide a reliable and scalable environment and shall follow the Procedures Manual. (d) All Services shall be provided in compliance with and controlled by the Procedures Manual. (e) The Help Desk is responsible for initial contact with Authorized Users for IT needs, issues, requests, Incidents, and Problems. (f) The Authorized User experience shall be managed by the Help Desk. * Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
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OPERATING PRINCIPLES AND OBJECTIVES. Supplier shall perform the Services in accordance with the terms of this Statement of Work: (a) Supplier shall be responsible for the Services described herein as provided as of the Initiation Date.
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OPERATING PRINCIPLES AND OBJECTIVES. Supplier shall perform the Services in accordance with the following Gap operating principles and objectives: (a) All Equipment and Software configurations shall be standardized and access to all Equipment and Software must be capable of being restricted based on the Procedures Manual. (b) Authorized Users shall have access to all assigned Software and data from any location when signed in. (c) Supplier shall use Supplier’s best practices in all aspects of the Services to provide a reliable and scalable environment and shall follow the Procedures Manual. (d) All Services shall be provided in compliance with and controlled by the Procedures Manual. (e) The Help Desk is responsible for initial contact with Authorized Users for IT needs, issues, requests, Incidents, and Problems. (f) The Authorized User experience shall be managed by the Help Desk.
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Related to OPERATING PRINCIPLES AND OBJECTIVES

  • Operating Principles The operations of the Bank shall be conducted in accordance with the principles set out below. 1. The Bank shall be guided by sound banking principles in its operations. 2. The operations of the Bank shall provide principally for the financing of specific projects or specific investment programs, for equity investment, and for technical assistance in accordance with Article 15. 3. The Bank shall not finance any undertaking in the territory of a member if that member objects to such financing. 4. The Bank shall ensure that each of its operations complies with the Bank’s operational and financial policies, including without limitation, policies addressing environmental and social impacts. 5. In considering an application for financing, the Bank shall pay due regard to the ability of the recipient to obtain financing or facilities elsewhere on terms and conditions that the Bank considers reasonable for the recipient, taking into account all pertinent factors. 6. In providing or guaranteeing financing, the Bank shall pay due regard to the prospects that the recipient and guarantor, if any, will be in a position to meet their obligations under the financing contract. 7. In providing or guaranteeing financing, the financial terms, such as rate of interest and other charges and the schedule for repayment of principal shall be such as are, in the opinion of the Bank, appropriate for the financing concerned and the risk to the Bank. 8. The Bank shall place no restriction upon the procurement of goods and services from any country from the proceeds of any financing undertaken in the ordinary or special operations of the Bank. 9. The Bank shall take the necessary measures to ensure that the proceeds of any financing provided, guaranteed or participated in by the Bank are used only for the purposes for which the financing was granted and with due attention to considerations of economy and efficiency. 10. The Bank shall pay due regard to the desirability of avoiding a disproportionate amount of its resources being used for the benefit of any member. 11. The Bank shall seek to maintain reasonable diversification in its investments in equity capital. In its equity investments, the Bank shall not assume responsibility for managing any entity or enterprise in which it has an investment and shall not seek a controlling interest in the entity or enterprise concerned, except where necessary to safeguard the investment of the Bank.

  • Governing Principles 1. The implementation of this Memorandum of Understanding shall in all aspects be governed by the Regulation and subsequent amendments thereof. 2. The objectives of the EEA Financial Mechanism 2014-2021 shall be pursued in the framework of close co-operation between the Donor States and the Beneficiary State. The Parties agree to apply the highest degree of transparency, accountability and cost efficiency as well as the principles of good governance, partnership and multi-level governance, sustainable development, gender equality and equal opportunities in all implementation phases of the EEA Financial Mechanism 2014-2021. 3. The Beneficiary State shall take proactive steps in order to ensure adherence to these principles at all levels involved in the implementation of the EEA Financial Mechanism 2014-2021. 4. No later than 31/12/2020, the Parties to this Memorandum of Understanding shall review progress in the implementation of this Memorandum of Understanding and thereafter agree on reallocations within and between the programmes, where appropriate. The conclusion of this review shall be taken into account by the National Focal Point when submitting the proposal on the reallocation of the reserve referred to in Article 1.11 of the Regulation.

  • Guiding Principles This Agreement shall create a liberal, facilitative, transparent and competitive investment environment in ASEAN by adhering to the following principles: (a) provide for investment liberalisation, protection, investment promotion and facilitation; (b) progressive liberalisation of investment with a view towards achieving a free and open investment environment in the region; (c) benefit investors and their investments based in ASEAN; (d) maintain and accord preferential treatment among Member States; (e) no back-tracking of commitments made under the AIA Agreement and the ASEAN IGA; (f) grant special and differential treatment and other flexibilities to Member States depending on their level of development and sectoral sensitivities; (g) reciprocal treatment in the enjoyment of concessions among Member States, where appropriate; and (h) accommodate expansion of scope of this Agreement to cover other sectors in the future.

  • Change in Accounting Principles If, after the date of this Agreement, there shall occur any change in GAAP from those used in the preparation of the financial statements referred to in Section 6.5 hereof and such change shall result in a change in the method of calculation of any financial covenant, standard or term found in this Agreement, either the Borrower or the Required Lenders may by written notice to the Lenders and the Borrower, respectively, require that the Lenders and the Borrower negotiate in good faith to amend such covenants, standards, and terms so as equitably to reflect such change in accounting principles, with the desired result being that the criteria for evaluating the financial condition of the Borrower and its Subsidiaries shall be the same as if such change had not been made. No delay by the Borrower or the Required Lenders in requiring such negotiation shall limit their right to so require such a negotiation at any time after such a change in accounting principles. Until any such covenant, standard, or term is amended in accordance with this Section 5.3, financial covenants shall be computed and determined in accordance with GAAP in effect prior to such change in accounting principles. Without limiting the generality of the foregoing, the Borrower shall neither be deemed to be in compliance with any financial covenant hereunder nor out of compliance with any financial covenant hereunder if such state of compliance or noncompliance, as the case may be, would not exist but for the occurrence of a change in accounting principles after the date hereof.

  • Accounting Principles Where the character or amount of any asset or liability or item of income or expense is required to be determined or any consolidation or other accounting computation is required to be made for the purposes of this Agreement, it shall be done, unless otherwise specified herein, in accordance with GAAP.