Conclusions and actions Clause Examples

The 'Conclusions and actions' clause outlines the final decisions reached by the parties and specifies the steps that must be taken as a result of those decisions. Typically, this clause summarizes agreed outcomes, assigns responsibilities for follow-up actions, and may set deadlines for their completion. Its core practical function is to ensure that all parties have a clear understanding of what has been decided and what actions are required, thereby promoting accountability and preventing misunderstandings.
Conclusions and actions. Based on the above rationale, all Regulatory Authorities request an amendment to the CRIDA proposal. This amendment should contain the following elements:
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Conclusions and actions. Based on the above rationale, all Regulatory Authorities request an amendment to the CRIDA proposal. This amendment should contain the following elements: 1. To coordinate the CRIDA proposal with the Algorithm proposal and in particular: i. to delete any explicit reference the PCR and XBID projects; ii. to clarify if the CRIDA algorithm is the same as the Day Ahead algorithm; iii. to clarify which back-up procedures, fallback procedures, price limits, and governance should apply to CRIDA. 2. To coordinate the CRIDA proposal with the Product proposal and, in particular, to delete any reference to the actual timeframe considered for the market time unit. 3. To coordinate the CRIDA proposal with the IDCZCP proposal and in particular: i. to provide justifications for the proposed fragmentation of the continuous trading; ii. to clarify whether the first CRIDA and the first ▇▇▇ coincide; iii. to harmonize the second CRIDA and the second ▇▇▇; 4. To coordinate the CRIDA proposal with the IDCZGOT proposal and in particular: i. to make reference to the GOTs set forth in the IDCZGOT amended proposal; ii. to explain how multiple GOTs proposed in CRIDA are compatible with the request for amendment on IDCZGOT; iii. to assess the impact on market liquidity of splitting continuous trading in different sessions. 5. To substitute in Article 3(2) the word “auction” with the word “auctions”, since the CRIDA proposal involves two auctions and in Article 4(7) the reference at “Article 3.6” with the reference at “Article 4.6”.
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Conclusions and actions. All relevant Regulatory Authorities have assessed, consulted and closely cooperated to reach an agreement on the CRIDA proposal. On 13 May 2019 the Italy North NRAs agreed that the CRIDA proposal attached to the present paper meets the requirements of Regulation 2015/1222 and as such can be approved.
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Conclusions and actions. On 16 August 2018, the members of CERRF did not reach a unanimous agreement to either approve the proposals, to request the Agency to extend the deadline for decision or to request the Agency to adopt a decision on the amended Core DA and ID CCM proposals pursuant to Article 21 et seqq. of the CACM Regulation. In that case, the Rules of Procedure of CERRF require the CERRF Chair to refer the decision to the Agency – in accordance with Article 9(12) of the CACM Regulation – on behalf of the Core NRAs. Nevertheless, Core NRAs agree to provide this non-paper to the Agency to give an indepth view on common and on dissenting opinions of Core NRAs to contribute to the letter by the CERRF Chair. Core NRAs anticipate that the Agency will, when adopting its decision, give utmost consideration on Core NRAs’ and Core TSOs assessment of all elements of the amended proposals for DA and ID CCM, especially those that were identified and presented in this paper.
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Conclusions and actions. All Regulatory Authorities have assessed, consulted, closely cooperated and coordinated in order to reach an agreement. All Regulatory Authorities have not been able to reach an agreement within the period of six months following the receipt of the Proposal according to Article 30(1) and Article 30(3) of the EBGL.
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Related to Conclusions and actions

  • Determinations and Actions by the Board For all purposes of this Agreement, any calculation of the number of Common Shares outstanding at any particular time, including for purposes of determining the particular percentage of such outstanding Common Shares of which any Person is the Beneficial Owner, will be made in accordance with the last sentence of Rule 13d-3(d)(1)(i) of the General Rules and Regulations under the Exchange Act. The Board of Directors of the Company will have the exclusive power and authority to administer this Agreement and to exercise all rights and powers specifically granted to the Board of Directors of the Company or to the Company, or as may be necessary or advisable in the administration of this Agreement, including without limitation the right and power to (i) interpret the provisions of this Agreement and (ii) make all determinations deemed necessary or advisable for the administration of this Agreement (including any determination as to whether particular Rights shall have become void). All such actions, calculations, interpretations and determinations (including, for purposes of clause (y) below, any omission with respect to any of the foregoing) which are done or made by the Board of Directors of the Company in good faith will (x) be final, conclusive and binding on the Company, the Rights Agent, the holders of the Rights and all other parties and (y) not subject the Board of Directors of the Company to any liability to any Person, including without limitation the Rights Agent and the holders of the Rights.

  • Certifications and Audits Company shall promptly complete and return to BNYM any certifications which BNYM in its sole discretion may from time to time send to Company, certifying that Company is using the Licensed System in strict compliance with the terms and conditions set forth in this Agreement. BNYM may, at its expense and after giving reasonable advance written notice to Company, enter Company locations during normal business hours and audit Company’s utilization of the Licensed System, the number of copies of the Documentation in Company’s possession, and the scope of use and information pertaining to Company’s compliance with the provisions of this Agreement. The foregoing right may be exercised directly by BNYM or by delegation to an independent auditor acting on its behalf. If BNYM discovers that there is any unauthorized scope of use or that Company is not in compliance with the aforementioned provisions, Company shall reimburse BNYM for the full costs incurred in conducting the audit.

  • Determinations and Actions by the Board, etc For all purposes of this Agreement, any calculation of the number of shares of Common Stock outstanding at any particular time, including for purposes of determining the particular percentage of such outstanding shares of Common Stock of which any Person is the Beneficial Owner, shall be made in accordance with the last sentence of Rule 13d-3(d)(1)(i) of the General Rules and Regulations under the Exchange Act. The Board (with, where specifically provided for herein, the concurrence of two-thirds of the Directors) shall have the exclusive power and authority to administer this Agreement and to exercise all rights and powers specifically granted to the Board (with, where specifically provided for herein, the concurrence of two-thirds of the Directors) or to the Company, or as may be necessary or advisable in the administration of this Agreement, including, without limitation, the right and power to (i) interpret the provisions of this Agreement, and (ii) make all determinations deemed necessary or advisable for the administration of this Agreement (including without limitation a determination to redeem or not redeem the Rights or to amend the Agreement). All such actions, calculations, interpretations and determinations (including, for purposes of clause (y) below, all omissions with respect to the foregoing) which are done or made by the Board (with, where specifically provided for herein, the concurrence of two-thirds of the Directors) in good faith, shall (x) be final, conclusive and binding on the Company, the Rights Agent, the holders of the Rights and all other Persons, and (y) not subject any director to any liability to the holders of the Rights.

  • Labor Agreements and Actions The Company is not bound by or subject to (and none of its assets or properties is bound by or subject to) any written or oral, express or implied, contract, commitment or arrangement with any labor union, and no labor union has requested or, to the knowledge of the Company, has sought to represent any of the employees, representatives or agents of the Company. There is no strike or other labor dispute involving the Company pending, or to the knowledge of the Company threatened, which could have a material adverse effect on the assets, properties, financial condition, operating results, or business of the Company (as such business is presently conducted and as it is proposed to be conducted), nor is the Company aware of any labor organization activity involving its employees. The Company is not aware that any officer or key employee, or that any group of key employees, intends to terminate their employment with the Company, nor does the Company have a present intention to terminate the employment of any of the foregoing. Subject to general principles related to wrongful termination of employees, the employment of each officer and employee of the Company is terminable at the will of the Company.

  • Access to Records; Discussions With Officers and Accountants On an annual basis, or upon the occurrence of a Material Adverse Change, the Servicer and the Seller shall, upon the reasonable request of the Insurer, permit the Insurer or its authorized agents (provided that no Insurer Default shall have occurred and is continuing): (i) to inspect, audit and make copies of abstracts from, the books and records of the Servicer and of the Seller as they may relate to the Obligations, the Contracts, the obligations of the Servicer or of the Seller under the Transaction Documents, and the Transaction; (ii) to discuss the affairs, finances and accounts of the Servicer or of the Seller with the chief operating officer and the chief financial officer of the Servicer or of the Seller, as the case may be; and (iii) with the Servicer’s or the Seller’s consent, as applicable, which consent shall not be unreasonably withheld, to discuss the affairs, finances and accounts of the Servicer or the Seller with the Servicer’s or the Seller’s independent accountants, provided that an officer of the Servicer or the Seller shall have the right to be present during such discussions. Such inspections and discussions shall be conducted during normal business hours and shall not unreasonably disrupt the business of the Servicer or the Seller. The books and records of the Servicer shall be maintained at the address of the Servicer designated herein for receipt of notices, unless the Servicer shall otherwise advise the parties hereto in writing, and the books and records of the Seller shall be maintained at the address of the Seller designated herein for receipt of notices, unless the Seller shall otherwise advise the parties hereto in writing. The Insurer agrees that it and its shareholders, directors, agents, accountants and attorneys shall keep confidential any matter of which it becomes aware through such inspections or discussions (unless readily available from public sources), except as may be otherwise required by regulation, law or court order or requested by appropriate governmental authorities or as necessary to preserve its rights or security under or to enforce the Transaction Documents, provided that the foregoing shall not limit the right of the Insurer to make such information available to its regulators, securities rating agencies, reinsurers, credit and liquidity providers, counsel and accountants.