Common use of Effective Implementation Clause in Contracts

Effective Implementation. A Participating Government shall enact legislation to ensure effective implementation of, and compliance with, this Agreement, including ― (a) the method of providing a credit guarantee; (b) the categories of Qualifying Enterprises; (c) any restrictions placed on participating in the Credit Guarantee Scheme; (d) the time during which the credit guarantee is effective; (e) credit guarantee fees; (f) the manner of discharging guaranteed liabilities; (g) procedures for credit guarantee default events; (h) a list of prohibited activities and sectors applicable to Qualifying Enterprises; (i) the procedures for withdrawing credit guarantees; and (j) effective enforcement provisions to address non-compliance.

Effective Implementation. A Participating Government shall enact legislation to ensure effective implementation of, and compliance with, this Agreement, including ―- (a) the method of providing a credit guarantee; (b) the categories of Qualifying Enterprises; (c) any restrictions placed on participating in the Credit Guarantee Scheme; (d) the time during which the credit guarantee is effective; (e) credit guarantee fees; (f) the manner of discharging guaranteed liabilities; (g) procedures for credit guarantee default events; (h) a list of prohibited activities and sectors applicable to Qualifying Enterprises; (i) the procedures for withdrawing credit guarantees; and (j) effective enforcement provisions to address non-compliance.