Transfer Process and Market Visibility Sample Clauses

Transfer Process and Market Visibility. A common theme in the literature is the need for a centralized market authority to establish consistent standards for water application approval processes and disseminate market and price information. High levels of uncertainty due to incomplete market information present a major barrier to efficient water markets; incomplete or inconsistent price data inhibits the ability of water users to effectively manage water resources to adapt to drought and other climate-induced scarcity (Xxxxxx and Xxxxxxx, 2002; Xxxx et al., 2013; Xxx et al., 2014). A centralized website or other publicly visible platform can help mitigate this uncertainty by providing transparent market information including transaction data (price and volume), climate modeling, forecasted water availability, allocation information (if applicable), and water market activity to date (Xxxxxxx and Xxxxx, 2012). Xxxxxxxx-Xxxxx et al. (2016) examine water markets worldwide and recommend that administrators provide as much information as possible to the public including prices and trading volumes, parties involved, and the terms of transactions. A study by the U.S. Government Accountability Office (GAO) found that the Bureau of Reclamation failed to communicate key information related to the operation and status of the Klamath Water Bank, confusing stakeholders and undermining the bank’s legitimacy and efficacy. The GAO recommended the creation of a centralized website or publication of biweekly press releases to explain the rationale of management decisions and keep water users informed of significant events (United States Government Accountability Office, 2005). Similarly, Loch et al. (2013) cite poor price information and lack of transparency in allocation announcements in Australia’s Xxxxxx-Xxxxxxx Basin as a constraint within that market. Xxxxxx and Xxxxxxx (2002) note that price information can be distinguished between market transactions consistent with a seller’s willingness-to-pay price and those that reflect idiosyncratic willingness- to-pay prices (such as agricultural lifestyle valuation). As a caution to publishing price information, however, Young (2016) notes that “confidentiality of price information is one of the most underappreciated aspects of trading” (p. 5). Young (2016) found that farmers in Nebraska were hesitant to divulge sensitive personal financial information as a condition of participating in the local water market. However, the operation of a smart market by a neutral pri...
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Related to Transfer Process and Market Visibility

  • Transfer Procedures 1. The transfers referred to in Article 4, 5, 6 and 7 shall be effected without undue delay and, at all events, within six months after all fiscal obligations have been met and shall be made in a convertible currency. All the transfers shall be made at the prevailing exchange rate applicable on the date on which the investor applies for the related transfer, with the exception of the provisions under point 3 of Article 5 concerning the exchange rate applicable in case of nationalization or expropriation.

  • Other Procurement Procedures The following procurement methods may be used for the procurement of works and goods that the Bank agrees meets the requirements established in the provisions of Section III of the Procurement Policies:

  • Access Toll Connecting Trunk Group Architecture 9.2.1 If CBB chooses to subtend a Verizon access Tandem, CBB’s NPA/NXX must be assigned by CBB to subtend the same Verizon access Tandem that a Verizon NPA/NXX serving the same Rate Center Area subtends as identified in the LERG.

  • Transfer Procedure After receipt by Silicon Valley Bank of the executed Warrant, Silicon Valley Bank will transfer all of this Warrant to its parent company, SVB Financial Group. By its acceptance of this Warrant, SVB Financial Group hereby makes to the Company each of the representations and warranties set forth in Section 4 hereof and agrees to be bound by all of the terms and conditions of this Warrant as if the original Holder hereof. Subject to the provisions of Section 5.3 and upon providing the Company with written notice, SVB Financial Group and any subsequent Holder may transfer all or part of this Warrant or the Shares issuable upon exercise of this Warrant (or the securities issuable directly or indirectly, upon conversion of the Shares, if any) to any transferee, provided, however, in connection with any such transfer, SVB Financial Group or any subsequent Holder will give the Company notice of the portion of the Warrant being transferred with the name, address and taxpayer identification number of the transferee and Holder will surrender this Warrant to the Company for reissuance to the transferee(s) (and Holder if applicable); and provided further, that any subsequent transferee other than SVB Financial Group shall agree in writing with the Company to be bound by all of the terms and conditions of this Warrant. Notwithstanding any contrary provision herein, at all times prior to the IPO, Holder may not, without the Company’s prior written consent, transfer this Warrant or any portion hereof, or any Shares issued upon any exercise hereof, or any shares or other securities issued upon any conversion of any Shares issued upon any exercise hereof, to any person or entity who directly competes with the Company, except in connection with an Acquisition of the Company by such a direct competitor.

  • Additional Wet Weather Procedure 14.15.1 Remaining On Site Where, because of wet weather, the employees are prevented from working:

  • Innovative Scheduling Schedules which are inconsistent with the Collective Agreement provisions may be developed in order to improve quality of working life, support continuity of resident care, ensure adequate staffing resources, and support cost-efficiency. The parties agree that such innovative schedules may be determined locally by the Home and the Union subject to the following principles:

  • Vendor Encouraging Members to bypass TIPS agreement Encouraging entities to purchase directly from the Vendor or through another agreement, when the Member has requested using the TIPS cooperative Agreement or price, and thereby bypassing the TIPS Agreement is a violation of the terms and conditions of this Agreement and will result in removal of the Vendor from the TIPS Program.

  • Other Procedures To the extent not expressly provided for herein, each Discounted Term Loan Prepayment shall be consummated pursuant to procedures consistent with the provisions in this Subsection 4.4(l), established by the Administrative Agent acting in its reasonable discretion and as reasonably agreed by the Borrower.

  • Procedures for Providing NP Through Full NXX Code Migration Where a Party has activated an entire NXX for a single Customer, or activated at least eighty percent (80%) of an NXX for a single Customer, with the remaining numbers in that NXX either reserved for future use by that Customer or otherwise unused, if such Customer chooses to receive Telephone Exchange Service from the other Party, the first Party shall cooperate with the second Party to have the entire NXX reassigned in the LERG (and associated industry databases, routing tables, etc.) to an End Office operated by the second Party. Such transfer will be accomplished with appropriate coordination between the Parties and subject to appropriate industry lead times for movements of NXXs from one switch to another. Neither Party shall charge the other in connection with this coordinated transfer.

  • Interconnection Customer Provided Services The services provided by Interconnection Customer under this LGIA are set forth in Article 9.6 and Article 13.5.1. Interconnection Customer shall be paid for such services in accordance with Article 11.6.

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