Institutional Aspects Clause Samples

The "Institutional Aspects" clause defines the roles, responsibilities, and procedures related to the institutions or bodies involved in the execution or oversight of an agreement. This clause typically outlines which organizations or committees are responsible for administration, decision-making, or dispute resolution, and may specify how these entities interact or communicate. By clearly delineating institutional responsibilities, the clause ensures effective governance and coordination, reducing ambiguity and potential conflicts between parties.
Institutional Aspects. 1. The Parties agree to establish a Joint Committee, whose tasks are: (a) to guarantee the smooth working and proper implementation of this Agreement and of the dialogue between the Parties; (b) to make suitable recommendations for promoting the objectives of this Agreement; (c) to establish priorities for potential operations in pursuit of this Agreement's objectives. 2. The Joint Committee shall be composed of representatives of sufficient seniority of both Parties. It shall normally meet every other year, alternately in Phnom Penh and in Brussels, on a date fixed by mutual agreement. Extraordinary meetings may also be convened by agreement between the Parties. 3. The Joint Committee may set up specialised sub-groups to assist it in the performance of its tasks and to coordinate the formulation and implementation of projects and programmes under this Agreement. 4. The agenda for meetings of the Joint Committee shall be determined by agreement between the Parties. 5. The Parties agree that it shall also be the task of the Joint Committee to ensure the proper functioning of any sectoral agreements concluded, or which may be concluded, between the Community and Cambodia. 6. The organisational structures and the rules of procedure of the Joint Committee shall be determined by the Parties.
Institutional Aspects. 1. The Parties agree to set up a Joint Commission whose tasks shall be to: (a) ensure the proper functioning and implementation of this Agreement; (b) set priorities in relation to the aims of this Agreement; (c) make recommendations for promoting the objectives of this Agreement. Provisions will be laid down on the chairmanship of the meetings and the setting up of subgroups. 2. The Joint Commission shall be composed of representatives of both sides, at an appropriate high level. The Joint Commission shall normally meet on an annual basis, alternately in Brussels and in Islamabad, on a date to be fixed by mutual agreement. Extraordinary meetings may also be convened by agreement between the Parties. 3. The Joint Commission may set up specialised subgroups to assist in the performance of its tasks and to coordinate the formulation and implementation of projects and programmes in the framework of the Agreement. 4. The agenda for meetings of the Joint Commission shall be determined by agreement between the Parties. 5. The Parties agree that it shall also be the task of the Joint Commission to ensure the proper functioning of any sectoral agreements concluded or to be concluded between the Community and Pakistan.
Institutional Aspects. A Joint Cooperation Committee will be established at official level to oversee the overall implementation of this agreement. It will meet alternatively in the Community and the Republic of Yemen, normally at annual intervals. Its role will be to: (a) ensure the proper functioning of the Agreement; (b) set the priorities in relation to the aims of tha Agree- ment; (c) make suitable recommendations for promoting the objectives of the Agreement. Both parties emphasise their desire to see regular contacts established between the European and the Yemeni Par- liaments.

Related to Institutional Aspects

  • Institutional Arrangements 1. The AIA Council, as established by the AEM under the AIA Agreement, shall be responsible for the implementation of this Agreement. 2. The ASEAN Coordinating Committee on Investment (CCI) as established by the AIA Council and comprising senior officials responsible for investment and other senior officials from relevant government agencies, shall assist the AIA Council in the performance of its functions. The CCI shall report to the AIA Council through the Senior Economic Officials Meeting (SEOM). The ASEAN Secretariat shall be the secretariat for the AIA Council and the CCI. 3. The functions of the AIA Council shall be to: (a) provide policy guidance on global and regional investment matters concerning promotion, facilitation, protection, and liberalisation; (b) oversee, coordinate and review the implementation of this Agreement; (c) update the AEM on the implementation and operation of this Agreement; (d) consider and recommend to the AEM any amendments to this Agreement; (e) Update and endorse the Reservation Lists of this Agreement; (f) facilitate the avoidance and settlement of disputes arising from this Agreement; (g) supervise and coordinate the work of the CCI; (h) adopt any necessary decisions; and (i) carry out any other functions as the AEM may agree.

  • Institutional and Retail Sales You authorize the Manager to sell to institutions and retail purchasers such Securities purchased by you pursuant to the Underwriting Agreement as the Manager will determine. The Selling Concession on any such sales will be credited to the accounts of the Underwriters as the Manager will determine.

  • Institutional Certification Certification by the Submitting Institution that delineates, among other items, the appropriate research uses of the data and the uses that are specifically excluded by the relevant informed consent documents. Further information may be found here.

  • Transfers to Non-QIB Institutional Accredited Investors The following provisions shall apply with respect to the registration of any proposed transfer of a Transfer Restricted Security to any Institutional Accredited Investor that is not a QIB (other than any Person that is not a U.S. Person as defined under Regulation S, a "Foreign Person"): (i) the Registrar shall register the transfer of any Note, whether or not such Note bears the Private Placement Legend, if (x) (A) the requested transfer is at least two years after the later of the Issue Date of the Notes and (B) the proposed transferee has certified to the Registrar that the requested transfer is at least two years after last date on which such Note was held by an Affiliate of the Company, or (y) the proposed transferee has delivered to the Registrar (A) a certificate substantially in the form of Exhibit E hereto and (B) such certifications, legal opinions and other information as the Trustee and the Company may reasonably request to confirm that such transaction is in compliance with the Securities Act; and (ii) if the proposed transferor is an Agent Member holding a beneficial interest in the Global Note, upon receipt by the Registrar of (x) the documents, if any, required by clause (i) and (y) instructions given in accordance with the Depositary's and the Registrar's procedures, the Registrar shall reflect on its books and records the date and a decrease in the principal amount of the Global Note in an amount equal to the principal amount of the beneficial interest in the Global Note to be transferred, and the Company shall execute, and the Trustee shall authenticate and deliver, one or more Certificated Notes of like tenor and amount.

  • Sophisticated Investor (i) Subscriber is sophisticated in financial matters and is able to evaluate the risks and benefits of the investment in the Securities. (ii) Subscriber is aware that an investment in the Securities is highly speculative and subject to substantial risks because, among other things, the Securities are subject to transfer restrictions and have not been registered under the Securities Act and therefore cannot be sold unless subsequently registered under the Securities Act or an exemption from such registration is available. Subscriber is able to bear the economic risk of its investment in the Securities for an indefinite period of time.