Import Controls and Privileges Clause Samples

Import Controls and Privileges. (a) The Parties recognize that inevitably it will be necessary for equipment to be returned and re-exported to the manufacturer for repair, servicing or rehabilitation and then to be re-imported into Liberia. The GOL shall, and shall cause any GOL Entity to, provide expeditiously all Consents to the Company to allow the Company to import, re-export and/or re-import equipment and materials, in connection with the construction and the long-term operation and maintenance for the proposed Complex and associated facilities. During the first five (5) Years after the date of this Agreement, the Company will be exempt from the payment of any Customs Duties or other Taxes with respect to the import, re-export, or re- import of equipment and materials other than (i) a one and one-half percent (1.5%) customs user fee, (ii) the ECOWAS Trade Levy, and (iii) such Customs Duties as may be assessed pursuant to Section 11.2. (b) All Customs Duties shall be either a line item in the Reference Tariff or, if arising after the Tariff Agreement Date, a Pass-Through Item under the Power Purchase Agreement.
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Import Controls and Privileges. 22 11.2 Re-Export of Construction Equipment. 22 ARTICLE XII FOREIGN CURRENCY EXCHANGE AND TRANSFER OF FUNDS 23 12.1 Foreign Currency Exchange and Transfer of Funds. 23 12.2 Consent to Foreign Currency Accounts. 23 12.3 Availability of Foreign Exchange. 24 ARTICLE XIII ASSIGNMENT AND SECURITY 25 13.1 Assignment. 25 ARTICLE XIV NON-DISCRIMINATORY ACTIONS AND PROHIBITED ACQUISITIONS. 26 14.1 Assurance Against Discriminatory Action. 26 14.2 Acquisition of Shares or Assets. 26 ARTICLE XV FORCE MAJEURE 27 15.1 Definition. 27 15.2 Notification Obligations 28 15.3 Duty to Mitigate. 29
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Related to Import Controls and Privileges

  • Controls and Procedures 11.1. The Company has implemented controls and procedures that are reasonably designed to ensure compliance with applicable laws and regulations, as well as the terms of this Agreement. Without limiting the foregoing, these controls and procedures are reasonably designed to ensure, and MFD or a Trust may request certifications on an annual basis with respect to, each of the following: (a) Orders for Shares received by the Company for each Portfolio comply with the Portfolio’s restrictions with respect to purchases, transfers, redemptions and exchanges as set forth in each Portfolio’s prospectus and statement of additional information; (b) Orders for Shares received by the Company prior to the Portfolio’s pricing time set forth in its prospectus (e.g., the close of the New York Stock Exchange – normally 4:00 p.m. Eastern time) are segregated from those received by the Company at or after such time, and are properly transmitted to the Portfolios (or their agents) for execution at the current day’s net asset value (“NAV”); and orders received by the Company at or after such time are properly transmitted to the Portfolios (or their agents) for execution at the next day’s NAV; (c) Late trading in Shares by Policy holders is identified and prevented and market timing is appropriately addressed; (d) Compliance with applicable state securities laws, including without limitation “blue sky” laws and related rules and regulations; (e) Compliance with all applicable federal, state and foreign laws, rules and regulations regarding the detection and prevention of money laundering activity; and (f) Effective business continuity and disaster recovery systems with respect to the services contemplated by the Agreement.

  • Disclosure Controls and Procedures The Company maintains effective “disclosure controls and procedures” (as defined under Rule 13a-15(e) under the Exchange Act to the extent required by such rule).

  • Controls and Integration The existing RTU is sufficient for the scope of this project. Spare I/O points will be used to accommodate the additions required.

  • Internal Controls and Procedures The Company has established and maintains disclosure controls and procedures and internal control over financial reporting (as such terms are defined in paragraphs (e) and (f), respectively, of Rule 13a-15 under the Exchange Act) as required by Rule 13a-15 under the Exchange Act. The Company’s disclosure controls and procedures are reasonably designed to ensure that all material information required to be disclosed by the Company in the reports that it files or furnishes under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the SEC, and that all such material information is accumulated and communicated to the Company’s management as appropriate to allow timely decisions regarding required disclosure and to make the certifications required pursuant to Sections 302 and 906 of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 (the “▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act”). The Company’s management has completed an assessment of the effectiveness of the Company’s internal controls over financial reporting in compliance with the requirements of Section 404 of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act for the year ended December 31, 2010 and such assessment concluded that such controls were effective. Based on its most recent evaluation of internal controls over financial reporting prior to the date hereof, management of the Company has disclosed to the Company’s auditors and the audit committee of the Company Board (i) any significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting that are reasonably likely to adversely affect in any material respect the Company’s ability to report financial information and (ii) any fraud, whether or not material, that involves management or other employees who have a significant role in the Company’s internal control over financial reporting, and each such deficiency, weakness and fraud so disclosed to auditors, if any, has been disclosed to Parent prior to the date hereof.

  • CERTIFICATIONS; DISCLOSURE CONTROLS AND PROCEDURES The Adviser acknowledges that, in compliance with the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 (the “▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act”), and the implementing regulations promulgated thereunder, the Trust and the Fund are required to make certain certifications and have adopted disclosure controls and procedures. To the extent reasonably requested by the Trust, the Adviser agrees to use its best efforts to assist the Trust and the Fund in complying with the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act and implementing the Trust’s disclosure controls and procedures. The Adviser agrees to inform the Trust of any material development related to the Fund that the Adviser reasonably believes is relevant to the Fund’s certification obligations under the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act.