Socio-Economic Impact Sample Clauses

Socio-Economic Impact. This section shall include: a thorough evaluation of the socio-economic impacts on the affected communities, the region, and British Columbia, including an analysis of the benefits and a description of potentially negative impacts as well as proposed solutions to these; and, employment impact studies performed to date, including estimates of direct and spin-off employment.
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Socio-Economic Impact. Assessment (SEIA) Socio-Economic Impact Assessment (SEIA) refers to systematic analysis of various social and economic characteristics of human being living in a given geographical area. The geographical area is often called Study Area or Impact Area. SEIA is carried out simultaneously with Environment Impact Assessment (EIA).The prime objective of SEIA is to identify and evaluate potential socio- economic and cultural impacts of a proposed development project on the lives and conditions of people, their families and their communities. If the potential impacts are adverse, the SEIA will assist the promoter and other stakeholders to reduce, remove or prevent these impacts from happening. The study area consists of the core area where the proposed project is expected to come up and a buffer area encircling the project area with a radius of 10 kilometers from the periphery of the core area. For every new project, existing projects bound for expansion, modernization and change in product mix, socio-economic impact assessment is mandatory. The Socio-economic impact assessment focuses the effect of the project on social and economic well-being of the community. The effect may be direct or indirect. Again, the impact may be positive or negative. M/s A.M.D.C Mines and Minerals Lessee: Smt. Xxxxxxx Xxxxxxxx Xxxxxxxx
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Socio-Economic Impact a. As part of the MoorLIFE 2020 project, monitoring the socio-economic impacts of the project is a compulsory action. Contractors may be required to collect and provide information as part of their contract and project delivery.
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Socio-Economic Impact. The biomedical sector is one of the most promising areas of applications for the 3D additive manufacturing like stereolithography, ink-jet printing and fused deposition modelling. The combination of biomedical imaging and individual 3D design combined with the development of novel biomedical materials and the fast progress in cell cultivation and tissue engineering will enable significant breakthroughs in regenerative medicine in close futureNovel, patient specific medical devices could be developed using the manufacturing principles developed in “ArtiVasc 3D”, to name one example. Further examples with high socio-economic impact are listed below:  The developed in vitro cell cultivation system should be further developed towards a specific test and model system for different (soft) tissues. This would allow their use e.g. as a realistic cytotoxicity test bench (to study the reactions of cultivated relevant cell types towards different (toxic) substances). This could not only reduce costs of material tests (e.g. for applications in the fields of medical products or cosmetics) but also avoid a number of in-vivo studies on animals.The designed vascular vessels can be used in either vascular graft tissue engineering or organ tissue engineering by altering their diameters. The 3D modelling tool provides a flexible method to generate tubular structures. It reduces the labour and time required in generating complex 3D structures not only on this application but also on other applications.  The methods developed in WP6 “Matrix-Tissue Interaction” may have the potential for future commercial use in development of testing/screening assays replacing in part some of the presently used animal-based methods. Providing methods, which are ethically (more) widely accepted by the public, will be essential for future research, development and therapy. In an economic context, the studies will help to reduce the price of some studies and will hopefully enable a wider use of the methodology in different fields of science and development.  The combination of biomolecule-based matrices and patient’s own (autologous) cells to form tissue substitutions will enable the fabrication of bioartificial implants. The availability of autologous biological implants will in future greatly reduce any adverse effects of the organism like the foreign body reaction upon tissue transplantations in the case of trauma or disease.  The automated handling of cell-matrix bioinks by pneumatic disp...
Sample 1
Socio-Economic Impact. This section shall include: a preliminary evaluation of the socio-economic impacts on the affected communities, the region, and Nunavut, including the likely benefits and a description of possible solutions of potentially negative impacts; and, employment impact studies performed to date, including estimates of direct and spin-off employment.
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Socio-Economic Impact. The impact of direct and indirect job losses and their contribution to the local economy, as well as the impact on upstream and downstream industries, will be assessed.
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Socio-Economic Impact. The 2016 report extended this list to evaluate four additional conditions for sustainability, namely:
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Socio-Economic Impact. Ports are a vital part of a country’s economy and a crucial link for integration in the expanding world economy. Historically ports have created employment through backward and forward linkages like freight forwarders, agents, shipping agencies, banking and insurance business. Therefore, the benefits of investing in transport infrastructure are not limited to travel-time saving (Xxxxxxxx and Xxxxxxxxx, 2001).13 Induced benefits can also be assessed from an environmental perspective where less pollution such as noise, particulates and carbon that accrue as social benefits in terms of quality of life and healthcare costs. Due to reduced logistic cost, incomes to industries trading through these routes increases and also creates employment opportunities in these industries. Such incomes generate in turn re-spending which further induces employment and income through the economic multiplier effect leading to economic growth.14
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Related to Socio-Economic Impact

  • Purchaser Bears Economic Risk The Purchaser has substantial experience in evaluating and investing in private placement transactions of securities in companies similar to the Company so that it is capable of evaluating the merits and risks of its investment in the Company and has the capacity to protect its own interests. The Purchaser must bear the economic risk of this investment until the Securities are sold pursuant to: (i) an effective registration statement under the Securities Act; or (ii) an exemption from registration is available with respect to such sale.

  • Economic Sanctions None of the Company, the Sponsor, any non-independent director or officer or, to the knowledge of the Company, any independent director or director nominee, agent or affiliate of the Company is currently subject to any sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”) or any similar sanctions imposed by any other body, governmental or other, to which any of such persons is subject (collectively, “other economic sanctions”); and the Company will not directly or indirectly use the proceeds of the Offering, or lend, contribute or otherwise make available such proceeds to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any sanctions administered by OFAC or other economic sanctions.

  • Economic Sanctions, Etc The Company will not, and will not permit any Controlled Entity to (a) become (including by virtue of being owned or controlled by a Blocked Person), own or control a Blocked Person or (b) directly or indirectly have any investment in or engage in any dealing or transaction (including any investment, dealing or transaction involving the proceeds of the Notes) with any Person if such investment, dealing or transaction (i) would cause any holder or any affiliate of such holder to be in violation of, or subject to sanctions under, any law or regulation applicable to such holder, or (ii) is prohibited by or subject to sanctions under any U.S. Economic Sanctions Laws.

  • Economic Equivalence So long as any Exchangeable Shares not owned by Acquiror or its Affiliates are outstanding:

  • Substantial Economic Effect It is the intent of the Partners that the allocations of Profit and Loss under this Agreement have substantial economic effect (or be consistent with the Partners’ interests in the Partnership in the case of the allocation of losses attributable to nonrecourse debt) within the meaning of Section 704(b) of the Code as interpreted by the Regulations promulgated pursuant thereto. Article 5 and other relevant provisions of this Agreement shall be interpreted in a manner consistent with such intent.

  • Economic Uniformity (A) At the election of the General Partner with respect to any taxable period ending upon, or after, the termination of the Subordination Period, all or a portion of the remaining items of Partnership income or gain for such taxable period, after taking into account allocations pursuant to Section 6.1(d)(iii), shall be allocated 100% to each Partner holding Subordinated Units that are Outstanding as of the termination of the Subordination Period (“Final Subordinated Units”) in the proportion of the number of Final Subordinated Units held by such Partner to the total number of Final Subordinated Units then Outstanding, until each such Partner has been allocated an amount of income or gain that increases the Capital Account maintained with respect to such Final Subordinated Units to an amount equal to the product of (A) the number of Final Subordinated Units held by such Partner and (B) the Per Unit Capital Amount for a Common Unit. The purpose of this allocation is to establish uniformity between the Capital Accounts underlying Final Subordinated Units and the Capital Accounts underlying Common Units held by Persons other than the General Partner and its Affiliates immediately prior to the conversion of such Final Subordinated Units into Common Units. This allocation method for establishing such economic uniformity will be available to the General Partner only if the method for allocating the Capital Account maintained with respect to the Subordinated Units between the transferred and retained Subordinated Units pursuant to Section 5.5(c)(ii) does not otherwise provide such economic uniformity to the Final Subordinated Units.

  • Foreign Asset/Account Reporting; Exchange Controls Participant’s country may have certain foreign asset and/or account reporting requirements and/or exchange controls which may affect Participant’s ability to acquire or hold shares of Stock under the Plan or cash received from participating in the Plan (including from any dividends received or sale proceeds arising from the sale of shares of Stock) in a brokerage or bank account outside Participant’s country. Participant may be required to report such accounts, assets or transactions to the tax or other authorities in his or her country. Participant also may be required to repatriate sale proceeds or other funds received as a result of Participant’s participation in the Plan to his or her country through a designated bank or broker and/or within a certain time after receipt. Participant acknowledges that it is his or her responsibility to be compliant with such regulations, and Participant should consult his or her personal legal advisor for any details.

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