Common use of Collaborative Activities Clause in Contracts

Collaborative Activities. (a) In their collaboration, the Parties will pursue joint actions encompassing diverse projects and topics in the following areas, but not limited to: (i) Sharing knowledge, ideas, best practice and lessons learned on matters of interest to the Parties and relevant to this Memorandum pursuant to their Common Objectives; (ii) Providing facilities for seminars, workshops or conferences; (iii) Providing access to seminars organized by each Party; (iv) Providing access to training material developed by each Party; and (v) Organizing and providing speakers at events of mutual interest. (b) The World Bank and EIOPA anticipate that any collaboration between the Parties and any resulting joint project will require the contribution of resources, the nature and extent of which would need to be agreed upon and set forth in one or more Terms of Reference. A Terms of Reference may consider such matters including the following: (i) Provision of staff time; (ii) Provision of facilities for workshops, conferences or training seminars; (iii) Sharing materials, information data and analytical tools; (iv) Provisions of support to relevant stakeholders; and (v) Such other resources as the Parties may agree. (c) Each collaborative activity shall be undertaken under the reserve of available resources (human and budgetary) and meeting rooms and shall be made in accordance with the regulations, rules, and policies of the Parties. (d) Each Party shall be responsible for its own costs of negotiating and drafting this Memorandum.