Reform Measures Clause Samples
Reform Measures. The Parties will undertake all necessary steps to have appropriate legislation enacted to give effect to the following reform measures.
Reform Measures. The Borrower shall cause MOR to take necessary measures to continue implementation of the Railway Development Plan (2004 and updated in 2008).
Reform Measures. The Borrower shall undertake necessary measures to continue the implementation of the 11th Five-Year Plan for railway development.
Reform Measures. The Recipient and the Project Executing Agency shall undertake a review of the following sector-wide policy reform areas: (a) restructuring of the size and form of subsidy to NUC, whether direct financial or in-kind, including fuel subsidy; (b) revision of retail electricity tariff to reflect NUC’s cost of power generation and service delivery; (c) identification of financially disadvantaged households and targeted provision of subsidy to those households for basic electricity service; (d) mechanism to improve electricity tariff collection efficiency, including installation and refurbishment of consumer meters; and (e) corporate governance restructuring of NUC with the goal of commercial viability and serving shareholder interests.
Reform Measures. The Borrower shall ensure that NWSDB implements the reforms activities indicated under Table 2 of Schedule 1 to the FFA (“Policy and Institutional Reform Plan”) in a timely manner as indicated in greater detail in the said table towards (a) 24-hour continuous water supply at 100% coverage, and (b) institutional and financial sustainability.
Reform Measures. The EA shall undertake on a timely basis compliance with undertakings under Schedule 6 to the FFA, as applicable, with respect to, among others, (a) Project implementation, (b) financial management, (c) accounting and internal audit, and (d) institutional reform.
Reform Measures. The Borrower shall undertake necessary measures to continue the implementation of its Railway Development Plan (2004) including separation of the core railway operations from non-core transportation business operations, rationalization of staff, and cause the Project Company to outsource select activities.