Enforcement Mechanism Clause Samples
Enforcement Mechanism. 1. Issues related to exchange rate policy or transparency shall be referred by either the U.S. Secretary of the Treasury or the Governor of the People’s Bank of China to the Bilateral Evaluation and Dispute Resolution Arrangement established in Chapter 7 (Bilateral Evaluation and Dispute Resolution).
2. If there is failure to arrive at a mutually satisfactory resolution under the Bilateral Evaluation and Dispute Resolution Arrangement, the U.S. Secretary of the Treasury or the Governor of the People’s Bank of China may also request that the IMF, consistent with its mandate:
(a) undertake rigorous surveillance of the macroeconomic and exchange rate policies and data transparency and reporting policies of the requested Party; or
(b) initiate formal consultations and provide input, as appropriate.
Enforcement Mechanism. To keep the un-fit vehicles off the road, the Authority may strive to use the following enforcement mechanisms:
i. Enforcement through registration denial: A fitness certificate / registration with VICS shall be required as a mandatory document for vehicle registration with the Excise and Taxation Department. Failing to provide fitness registration certificate will result in registration denial.
Enforcement Mechanism. The Employer shall provide each employee with a Union dues deduction card at the time of the employee’s hire. The Employer shall provide on a bi-weekly basis to the Union a list of all employees hired, transferred or promoted into the Union’s jurisdiction. Within fifteen (15) days after receipt of written notice from the Union that any employee covered by this Agreement has failed, pursuant to the terms of this Article, to tender payment of the periodic dues and initiation fees uniformly required as a condition of acquiring membership in the Union, the Employer will terminate such employee.
Enforcement Mechanism. Within fifteen (15) days after receipt of written notice from the Union that any Team Member covered by this Agreement has failed, pursuant to the terms of this Article, to tender payment of the periodic dues and initiation fees uniformly required as a condition of acquiring membership in the Union, the Employer will terminate such Team Member.
Enforcement Mechanism. Subject to the Circulars issued by RBI from time to time, if any Lender fails to comply with the Restructuring Scheme approved by the CDR Empowered Group or any direction given by the CDR Core Group or the CDR Empowered Group or fails to comply with any of the terms or conditions herein (hereinafter referred to as "Non-Complying Lender"), any other Lender or the Eligible Borrower may report such non-compliance to the CDR Cell with all relevant details and/ or evidence. On receipt of such report or information, the CDR Cell shall bring the matter to the notice of the CDR Empowered Group at its ensuing meeting. CDR Empowered Group will consider the matter and direct the CDR Cell to issue a letter of warning to the Non-Complying Lender to comply / resume compliance within 15 days from the date of such letter, failing which the Non-Complying Lender shall pay by way of compensation, an amount not less than Rupees One Lakh and not more than Rupees Five Lakh, as may be determined by the CDR Core Group. The said amount of compensation shall be credited to the CDR Fund. In case the Non-Complying lender fails to comply within the stipulated time as per section 13.3, the CDR Cell shall place the matter before the CDR Core group for its consideration to determine the quantum of compensation payable by the Non-complying Lender and CDR Cell shall communicate the decision of CDR Core Group to the Non-complying Lender advising to pay the said compensation. The Non-Complying Lender may within 15 days from the date of communication of the decision of the CDR Empowered Group as above, prefer an appeal to the CDR Core Group. The CDR Core Group may on due consideration, take such decision on the appeal as it may deem appropriate which will be final. The Non-Complying Lender shall pay such amount as may be determined by the CDR Core Group by way of compensation and upon failure by the Non-Complying Lender to make the payment, the Non-Complying Lender agrees and authorises the Reserve Bank of India to debit its account to the extent of the amount of compensation and transfer the said amount to the CDR Fund. Each Participating Financial Institution and Bank hereby consents and authorises the Reserve Bank of India upon receipt of intimation by it from the CDR Cell to debit the concerned Participating Financial Institution’s or Bank’s account with the Reserve Bank of India to the extent of additional funds to be provided by it to the Eligible Borrower under the Approved Restructuri...
Enforcement Mechanism. Within fifteen (15) days after receipt of written notice from the Union that any Associate covered by this Agreement has failed, pursuant to the terms of this Article, to tender payment of the periodic dues and initiation fees uniformly required as a condition of acquiring membership in the Union, the Employer will terminate such Associate.
Enforcement Mechanism. Another important aspect is the enforcement i.e. making that the principles of the EUCC are effectively applied when drafting data-sharing contracts between the two parties (e.g., a farmer and an agtech supplier) and that those agreements set out in those contracts are complied with. Enforcement of voluntary rulemaking is a critical factor in effectively implementing codes of conduct, particularly when the active participation of sectoral stakeholders is not obligatory. In such instances, the success of voluntary guidelines relies on a well-crafted incentive structure at the initial stages to encourage broad participation. Creating compelling reasons for stakeholders to embrace these voluntary rules is essential for fostering a culture of compliance. Equally important is establishing enforceable sanctions, overseen without a binding governmental body, to address non-compliance among industry players. This dual approach, combining positive incentives with credible repercussions for violations, not only motivates widespread participation but also ensures accountability within the sector, thereby contributing to the overall success of voluntary rulemaking initiatives. Unlike its existing design, the EUCC needs to have some enforcement tools. There might be multiple methods, like the publication of participants and breachers. Being transparent regarding compliant and non-compliant actors by, for instance, announcing white, grey, or blacklists can be an essential incentive to follow the voluntary rules among stakeholders, especially considering that building trust may be the critical determiner to convince farmers' digital transformation and have them as customers of agricultural machinery and digital services. Thus, this approach may create a natural, free market force for the companies to 13 Indeed, this option was hinted at in the recitals of the Data Act proposal -acknowledging that the horizontal design of the Data Act may miss some critical sectoral regulatory needs. See Data Act recitals, 14,25, and 27. follow the rules to build trust and convince their potential customers. Also, there are other potentially beneficial tools to reach better enforcement. Using more practical examples/use cases in different domains of agri-food to clarify the rules in the EUCC and the Data Act would be helpful, as mentioned by the participants and in the literature (see, for instance, ▇▇▇▇▇▇, 2020; ▇▇▇ ▇▇▇ ▇▇▇▇ et al. 2020; and ▇▇▇▇ and ▇▇▇ ▇▇▇ ▇▇▇▇, 2021). Additionally, th...
Enforcement Mechanism. As Agreement in its entirety is formalizes and strengthens the ceasefire between the Parties, see Ceasefire section for enforcement mechanism.
Enforcement Mechanism subject to ONUSAL verification; G. both parties agree to promote through their COPAZ reps approval of the pending Parliamentary Bills to implement the terms of the agreement
Enforcement Mechanism. For the purpose of implementing all that is agreed on, there shall be appointed a special transition committee, composed of members of the new Govt and the Nicaraguan resistance,