Regulatory Principles Sample Clauses

Regulatory Principles. No later than three years after the entry into force of this Agreement, with a view to ensuring competition in postal and courier services not reserved to a monopoly in each Party, the Trade Committee shall set out the principles of the regulatory framework applicable to those services. Those principles shall aim to address issues such as anti-competitive practices, universal service, individual licences and nature of the regulatory authority (1).
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Regulatory Principles. 1. Each Party shall endeavour to ensure that enterprises specified in Article 300 observe internationally recognised standards of corporate governance.
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Regulatory Principles. The CARIFORUM EPA also includes regulatory principles in a few key services sectors, such as computer services, courier services, telecommunications, financial services, maritime transport and tourism services.
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Regulatory Principles. A surprising sixty-three of the sixty nine governments submitting schedules committed themselves to new domestic regulatory principles that are subject to international monitoring, bargaining, and dispute resolution. A full fifty-seven countries committed themselves in whole or with a few exceptions to the Reference Paper's language on competitive safeguards, interconnection, universal service, public availability of licensing criteria, independent regulators, and allocation and use of scarce resources. This was one of the most dramatic examples of progress as the GBT negotiations unfolded. In April 1996, when the NGBT ended unsuccessfully, forty-four governments had included regulatory commitments, and only thirty-one had signed on to the Reference Paper. To advocates of the GBT deal, the incorporation of regulatory principles into a trade policy framework is a remarkable and significant achievement. After all, the entire history of global telecommunications has involved states' jealously preserving sovereign prerogatives to regulate their national systems as they saw fit. The instruments of the international regime negotiated in the International Telecommunication Union (ITU) positioned sovereignty as an overarching principle, and governments sought to insulate their markets from foreign influence while reaping the benefits of international correspondence, e.g. by interconnecting monopoly systems at designated gateways and jointly providing services on a non- competitive basis. With the shift to a trade framework of global governance, the new forms of international service delivery require what have been called "beyond the border" and "deep integration" measures. Accordingly, GBT members have bound themselves to make their domestic regulatory institutions and rules consistent with multilateral trade disciplines and transnational market forces. It is easy to imagine that much of the agreement=s thrust might have been frustrated in practice without these regulatory obligations. For example, offering market access via commercial presence or cross- border delivery might mean little without an internationally recognized right to interconnect with other public telecommunications transport networks and services, or without mandatory access to licensing criteria.
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Regulatory Principles. 6.1 The Parties will co-operate in respect of their regulatory affairs, including in the co-ordination of their approaches to regulatory authorities and equivalent bodies, so as to minimise the risk that one Party’s position has an adverse effect on the other Party.
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Regulatory Principles. This Regulatory Contract shall be read in accordance with the Regulatory Principles as provided under Schedule 1 of this Regulatory Contract.
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Regulatory Principles. With a view to ensuring competition in postal and courier services not reserved to a monopoly in each Party, the Trade Committee shall set out the principles of the regulatory framework applicable to those services. Those principles shall aim to address issues such as anti-competitive practices, universal service, individual licenses and nature of the regulatory authority (27).
Sample 1
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Regulatory Principles. No later than three years after the entry into force of this Agreement, with a view to ensuring competition in postal and courier services not reserved to a monopoly in each Party, the Trade Committee shall set out the principles of the regulatory framework applicable to those services. Those principles shall aim to address issues such as anti-competitive practices, universal service, individual licenses and nature of the regulatory authority.31 31 For greater certainty, nothing in this Article shall be interpreted as intending to change the regulatory framework of the existing regulatory body in Korea which regulates private delivery service suppliers upon the entry into force of this Agreement. TELECOMMUNICATIONS SERVICES
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Related to Regulatory Principles

  • Applicable Principles Subject to the provisions of this Agreement, the Realized Tax Benefit or Realized Tax Detriment for each Taxable Year is intended to measure the decrease or increase in the Actual Tax Liability of the Corporation for such Taxable Year attributable to the Basis Adjustments and Imputed Interest, as determined using a “with and without” methodology described in Section 2.4(a). Carryovers or carrybacks of any tax item attributable to any Basis Adjustment or Imputed Interest shall be considered to be subject to the rules of the Code and the Treasury Regulations or the appropriate provisions of U.S. state and local tax law, as applicable, governing the use, limitation and expiration of carryovers or carrybacks of the relevant type. If a carryover or carryback of any tax item includes a portion that is attributable to a Basis Adjustment or Imputed Interest (a “TRA Portion”) and another portion that is not (a “Non-TRA Portion”), such portions shall be considered to be used in accordance with the “with and without” methodology so that: (i) the amount of any Non-TRA Portion is deemed utilized first, followed by the amount of any TRA Portion (with the TRA Portion being applied on a proportionate basis consistent with the provisions of Section 3.3(a)); and (ii) in the case of a carryback of a Non-TRA Portion, such carryback shall not affect the original “with and without” calculation made in the prior Taxable Year. The Parties agree that, subject to the second to last sentence of Section 2.1(a), all Tax Benefit Payments attributable to an Exchange will be treated as subsequent upward purchase price adjustments that give rise to further Basis Adjustments for the Corporation beginning in the Taxable Year of payment, and as a result, such additional Basis Adjustments will be incorporated into such Taxable Year continuing for future Taxable Years until any incremental Basis Adjustment benefits with respect to a Tax Benefit Payment equals an immaterial amount.

  • General Principles 9.2.1 Each Party shall implement its tasks in accordance with the Consortium Plan and shall bear sole responsibility for ensuring that its acts within the Project do not knowingly infringe third party property rights.

  • Regulatory Prohibition Notwithstanding any other provision of this Agreement to the contrary, any payments made to the Executive pursuant to this Agreement, or otherwise, are subject to and conditioned upon their compliance with Section 18(k) of the FDIA (12 U.S.C. §1828(k)) and 12 C.F.R. Part 359.

  • Regulatory Permits The Company and the Subsidiaries possess all certificates, authorizations and permits issued by the appropriate federal, state, local or foreign regulatory authorities necessary to conduct their respective businesses as described in the SEC Reports, except where the failure to possess such permits could not reasonably be expected to result in a Material Adverse Effect (“Material Permits”), and neither the Company nor any Subsidiary has received any notice of proceedings relating to the revocation or modification of any Material Permit.

  • Regulatory Provisions Any person who sells, supplies, offers for sale, or manufactures any consumer product for use in California shall comply with the standards set forth in the Consumer Products Regulation, including the VOC limit, ingredient prohibitions, labeling, reporting, displaying the date of manufacture, and other administrative requirements. (Cal. Code Regs., tit.17, §§ 94509–94515.) If anywhere on the container of any consumer product, the manufacturer represents that the product may be used or is suitable for a specific use in which a lower limit applies, the lowest applicable limit shall apply. (Cal. Code Regs., tit.17, § 94512(a).)

  • Restructuring Efforts If the Company shall have failed to obtain the Requisite Company Vote at the duly convened Company Meeting or any adjournment or postponement thereof, then, unless this Agreement has been terminated in accordance with its terms, each of the parties shall in good faith use its reasonable best efforts to negotiate a restructuring of the transaction provided for herein (it being understood that neither party shall have any obligation to alter or change any material terms, including the amount or kind of the consideration to be issued to holders of Company Common Stock as provided for in this Agreement, in a manner adverse to such party or its stockholders or shareholders, as applicable) and/or resubmit this Agreement or the transactions contemplated hereby (or as restructured pursuant to this Section 6.17) to the Company’s shareholders for approval.

  • Accounting Terms and Principles (a) Except as set forth below, all accounting terms not specifically defined herein shall be construed in conformity with GAAP and all accounting determinations required to be made pursuant hereto shall, unless expressly otherwise provided herein, be made in conformity with GAAP.

  • Regulatory Proceedings The commencement of any rulemaking or disciplinary proceeding or the promulgation of any proposed or final rule which would have, or may reasonably be expected to have, a Material Adverse Effect;

  • General Interpretive Principles For purposes of this Agreement, except as otherwise expressly provided or unless the context otherwise requires:

  • Definitions Principles of Construction 1 Section 1.1 Definitions 1 Section 1.2 Principles of Construction 26

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