Application of Principles Clause Samples

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Application of Principles. 1. There shall be an annual review of the allocation of hours, if applicable. 2. During the annual review, factors which will be considered in triggering an adjustment of allocation of hours (up or down) include: A. Internal - an increase of three (3) or more classrooms from the foundation allocation or most recent adjustment of the allocation of hours; or - a decrease of three (3) or more classrooms from the foundation allocation or most recent adjustment of the allocation of hours. B. External - an increase of two (2) or more portables from the foundation allocation or most recent adjustment of the allocation of hours; or - a decrease of two (2) or more portables from the foundation allocation or most recent adjustment of the allocation of hours.
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Application of Principles. 4.1.1 The Parties agree to give effect to the following principles which underpin the implementation of the RRPGP Extension Sub-programmes: a. Funding will be primarily directed at replacing all or part of fossil fuel based remote off-grid power generation with renewable generation, but will also be directed at off-grid renewable water pumping systems that reduce fossil fuel consumption; a. Funding will be applied in such a way as to maximise appropriate cross linkages between Projects and Sub-programmes funded under this Agreement, and where necessary, to transcend state and territory boundaries to derive the most beneficial outcome in each situation; b. Funding will be applied in such a way as to best achieve the objectives of the RRPGP; c. Decision-making and delivery frameworks will aim to be flexible, transparent, equitable and accessible. The intention is to have Funding and decision making at the most appropriate level consistent with effective, accountable and practicable delivery, while maintaining sound energy supply and environmental outcomes; d. The cooperation of the Parties under this Agreement will focus on achieving the RRPGP objectives, while recognising that the Commonwealth may seek additional information for assessment, monitoring, reporting and evaluation purposes.
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Application of Principles. Students will understand physical, chemical, environmental, mechanical, and electrical principles used in transportation. They will use basic mechanical principles to analyze and explain the function possibilities and design of vehicle and energy systems.
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Application of Principles. The application of these principles is best illustrated by an example. In the hypothetical action P v S and NS, S settles with P for $500,000 while NS does not settle. The action proceeds to trial where P is successful and the total damages are assessed at $1,000,000. What is the effect of this decision, under a ▇▇▇▇ ▇▇▇▇▇▇ Agreement or a Pierringer Agreement where: a) liability is apportioned 50/50? b) liability is apportioned 80% to S and 20% to NS? c) liability is apportioned 20% to S and 80% to NS? The main difference between a ▇▇▇▇ ▇▇▇▇▇▇ Agreement and a Pierringer Agreement is that in a ▇▇▇▇ ▇▇▇▇▇▇ Agreement the liability of the settling defendant is capped; in a Pierringer Agreement it is fixed. This difference is illustrated by the following tables. They show the net amounts7 paid and received by the parties in our hypothetical $1000, 000 damage claim. Apportionment 50/50 80% S / 20% NS 80% NS / 20% S Plaintiff Receives $750,000 $600,000 $900,000 S Pays $250,000 $400,000 $100,000 NS Pays $500,000 $200,000 $800,000 Apportionment 50/50 80% S / 20% NS 80% NS / 20% S Plaintiff Receives $1000,000 $700,000 $1,000,000 S Pays $500,000 $500,000 $500,000 NS Pays $500,000 $200,000 $500,0008 7 These net figures represent the end result and not necessarily the actual flow of funds. For example, under the ▇▇▇▇ ▇▇▇▇▇▇ 50/50 scenario, S would pay $500,000 initially but would recover $250,000 when the liability of NS was determined to be 50%. This leaves S with a net payout of $250,000. 8 If S had not settled, the 80/20 apportionment would have required NS to pay $800,000. However, the $500,000 payment made by S is treated as a partial recovery of P’s loss. To avoid double recovery by P the amount payable by NS is reduced accordingly. See ▇▇▇▇▇▇ v ▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇, 2009 ONCA 383, par. 55. In all settlements, an assessment of the likely outcome of a trial is an important part of the decision to settle. In traditional settlements however, the litigation ends and the parties never know how close their assessment was. In ▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇ settlements on the other hand, S gets the ultimate feedback on the wisdom of its settlement decision. The litigation proceeds between P and NS; and, apportionment of liability at trial includes a determination of the portion of the liability attributed to S. Where S settles for less than its proportionate share determined at trial, as the above tables illustrate, under both the ▇▇▇▇ ▇▇▇▇▇▇ agreement and the Pierringer agr...
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Application of Principles. (a) These principles will apply consistently across all of the Company's operations.
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Related to Application of Principles

  • Statement of Principles The Employer and the Union agree that there shall be no discrimination by the Employer or the Union against employees because of race, color, creed, religion, national origin, sex, age, or marital status. In addition, consistent with the other provisions of this Agreement, there shall be no unlawful discrimination against employees, as prohibited by the Rehabili- tation Act of 1973 or the Vietnam Era Veterans’ Readjustment Assistance Act of 1974.

  • Statement of Principle The parties acknowledge the following provisions are to protect the rights of employees during pregnancy and on their return to employment following parental leave.

  • Application of Proceeds Subject to the terms of any First Lien Intercreditor Agreement and any Second Lien Intercreditor Agreement, any amount received by the Administrative Agent or the Collateral Agent from any Credit Party (or from proceeds of any Collateral) following any acceleration of the Obligations under this Agreement or any Event of Default with respect to the Borrower under Section 11.4 shall be applied: (i) first, to the payment of all reasonable and documented costs and expenses incurred by the Administrative Agent or the Collateral Agent in connection with any collection or sale of the Collateral or otherwise in connection with any Credit Document, including all court costs and the reasonable fees and expenses of its agents and legal counsel, the repayment of all advances made by the Administrative Agent or the Collateral Agent hereunder or under any other Credit Document on behalf of any Credit Party and any other reasonable and documented costs or expenses incurred in connection with the exercise of any right or remedy hereunder or under any other Credit Document to the extent reimbursable hereunder or thereunder; (ii) second, to the Secured Parties, an amount (x) equal to all Obligations owing to them on the date of any distribution and (y) sufficient to Cash Collateralize all L/C Obligations on the date of any distribution, and, if such moneys shall be insufficient to pay such amounts in full and Cash Collateralize all L/C Obligations, then ratably (without priority of any one over any other) to such Secured Parties in proportion to the unpaid amounts thereof and to Cash Collateralize the L/C Obligations; and (iii) third, any surplus then remaining shall be paid to the applicable Credit Parties or their successors or assigns or to whomsoever may be lawfully entitled to receive the same or as a court of competent jurisdiction may direct; provided that any amount applied to Cash Collateralize any L/C Obligations that has not been applied to reimburse the Borrower for Unpaid Drawings under the applicable Letters of Credit at the time of expiration of all such Letters of Credit shall be applied by the Administrative Agent in the order specified in clauses (i) through (iii) above. Notwithstanding the foregoing, amounts received from any Guarantor that is not an “Eligible Contract Participant” (as defined in the Commodity Exchange Act) shall not be applied to its Obligations that are Excluded Swap Obligations.

  • Basic Principles The Electrical Contractor and the Union have a common and sympathetic interest in the Electrical Industry. Therefore, a working system and harmonious relations are necessary to improve the relationship between the Employer, the Union and the Public. Progress in industry demands a mutuality of confidence between the Employer and the Union. All will benefit by continuous peace and by adjusting any differences by rational common-sense methods.

  • Application of Laws 1. While entering, within, or leaving the territory of one Party, its laws and regulations relating to the operation and navigation of aircraft shall be complied with by the other Party’s airlines. 2. While entering, within, or leaving the territory of one Party, its laws and regulations relating to the admission to or departure from its territory of passengers, crew or cargo on aircraft (including regulations relating to entry, clearance, aviation security, immigration, passports, customs and quarantine or, in the case of mail, postal regulations) shall be complied with by, or on behalf of, such passengers, crew or cargo of the other Party’s airlines.