MAIN REQUIREMENTS Clause Samples

MAIN REQUIREMENTS. Undertakings will need to report sustainability information in a clearly identifiable dedicated section of the management report. They will not only be required to report on information to the extent necessary for an understanding of their development, performance, position, but also on information necessary for an understanding of the impact of their activities on environmental, social and employee matters, respect for human rights, anti- corruption and bribery matters (‘double materiality perspective’). Undertakings will need to disclose information about five reporting areas: business model, policies (including due diligence processes implemented), the outcome of those policies, risks and risk management, and key performance indicators relevant to the business. They will also be required to disclose any plans they may have to ensure that their business model and strategy are compatible with the transition to a sustainable economy and with the objectives of limiting global 40 | ACCOUNTANCYCYPRUS | JULY 2022 The CSRD requires disclosures based on standards that are to be developed warming to 1,5 Celsius degrees in line with the Paris Agreement and achieving climate neutrality by 2050. The CSRD requires disclosures based on standards that are to be developed. The European Financial Reporting Advisory Group (EFRAG), being the technical advisor of the Commission, will be responsible for establishing these European standards, following technical advice from a number of European agencies. The Commission should adopt a first set of reporting standards by 30 June 2023. The second set and sector specific standards as well as SMEs standards will be adopted by 30 June 2024.
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MAIN REQUIREMENTS. The database for accelerators and SC magnets to be developed will use as source the data of publicly available peer-reviewed publications, validated and accepted data available in Technological Infrastructures as well as old data available in existing databases. All the data to be included in the database should be validated/approved by a committee of experts. This committee is a kind of Scientific Advisory Board of expert well recognized worldwide. A first, but non-exhaustive list of the different fields of expertise in accelerator and magnets design, construction and operation needed for validating and approving the data to be included in the database to be developed is detailed in Annex 1. The database should be publicly accessible and free of charge. However, a part of these data could be located if necessary in a restricted area (i.e. password protected). The database should be managed by an institution independent from the single institutes: it is the responsibility of the consortium management to define and create this institution in charge of database management and to define its mission, the rules and conditions for accessing it. To this aim the integrated Technological Infrastructure envisaged by AMICI looks to be an ideal candidate. The sustainability (i.e. the database should be kept alive) of the database as well as its maintenance should be insured by the institution in charge of the management of the database. Obviously, it should be updated continuously by adding new data and/or link to other existing databases. The implementation, the upgrade of the software used for the database development should be coordinated and synchronized as best as possible across the consortium involved in the project.
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MAIN REQUIREMENTS. This paragraph 1.2 (Main Requirements) identifies the main requirements for the work, which may be further specified in other paragraphs of this section and in other sections of the design – construction technical specifications. The Concessionaire shall prepare designs (drawings and specifications), and build facilities to meet the following main requirements.
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Related to MAIN REQUIREMENTS

  • Margin Requirements 10.1 The Client shall provide and maintain the Initial Margin and/or Hedged Margin in such limits as the Company, at its sole discretion, may determine at any time under the Contract Specifications for each type of CFD. 10.2 It is the Client’s responsibility to ensure that he understands how a Margin is calculated. 10.3 The Company has the right to amend any entry in the Contract Specifications section for each CFD including margin requirements, and these changes may take effect on both new and existing/open Positions/trades; which may be declared through an internal mail message or on the company’s Corporate website, unless a Force Majeure Event has occurred. 10.4 The Company has the right to change Margin requirements without prior Written Notice to the Client in the case of Force Majeure Event. In this situation the Company has the right to apply new Margin requirements to the new positions and to the positions, which are already open. 10.5 If at any time Equity is less than 20% of the Necessary Margin, the Company has the right to close any or all of the Client’s Open Positions at any time without the Client’s consent or any prior Written Notice to him. In order to determine if the Client has breached this clause, any sums referred to therein which are not denominated in the Currency of the Client Account shall be treated as if they were denominated in the Currency of the Client Account by converting them into the Currency of the Client Account at the relevant exchange rate for spot dealings in the foreign exchange market. 10.6 The Client has the responsibility to notify the Company as soon as he believes that he will be unable to meet a Margin payment when due. 10.7 The Company has no obligation to make Margin Calls for the Client. 10.8 Where the Company effects or arranges a Transaction involving an Instrument, the Client should note that, depending upon the nature of the Transaction, he may be liable to make further payments when the Transaction fails to be completed or upon the earlier settlement or closing out of his position. He may be required to make further variable payments by way of Margin against the purchase price of the Instrument, instead of paying (or receiving) the whole purchase (or sale) price immediately. The movement in the market price of the Client’s investment will affect the amount of margin payment he will be required to make. The Client agrees to pay the Company on demand such sums by way of margin as are required from time to time under the Rules of any relevant Market (if applicable) or as the Company may in its discretion reasonably require for the purpose of protecting itself against loss or risk of loss on present, future or contemplated Transactions under this Agreement. 10.9 Any account on Margin call needs to be cautious of equity as the account will be stopped out by closing all Open Positions as the equity reaches 20 % equity to margin level: all pending orders for the stopped-out account will be deleted, and any deficit that may result after liquidation will be handled and covered by the client 10.10 If the Client breaches clause 10.9., the Company has the right to close partially or totally the Clients Open Positions in order for the client Account to go above the required percentage 10.11 ▇▇▇▇▇▇ can be transferred to the company via bank wire transfer or any of the applied deposits methods. 10.12 The Client undertakes neither to create nor to have outstanding any security interest whatsoever over, nor to agree to assign or transfer, any of the Margin transferred to the Company.

  • Application Requirements This application shall contain, as a minimum, a sketch showing the location of proposed facilities; a description, sketch, manufacturer’s brochure, etc. of the proposed facilities; and a description of the operation proposed. (11-28-90) 101. -- 199. (RESERVED)‌ 200. OPERATIONAL AGREEMENT.‌‌

  • Admission Requirements USERs and Participants are subject to the administrative and technical supervision and control of CONTRACTOR; and will comply with all applicable rules of CONTRACTOR and DOE with regard to admission to and use of the User facility, including safety, operating and health-physics procedures, environment protection, access to information, hours of work, and conduct. Participants shall execute any and all documents required by CONTRACTOR acknowledging and agreeing to comply with such applicable rules of CONTRACTOR. Participants will not be considered employees of CONTRACTOR for any purpose.

  • GRADUATION REQUIREMENTS I understand that in order to graduate from the program and to receive a certificate of completion, diploma or degree I must successfully complete the required number of scheduled clock hours as specified in the catalog and on the Enrollment Agreement, pass all written and practical examinations with a minimum score of 80%, and complete all required clinical hours and satisfy all financial obligations to the College.

  • Notification Requirements 1. If the Family Leave is foreseeable, the employee must provide the agency/department with thirty (30) calendar days notice of his or her intent to take Family Leave. 2. If the event necessitating the Family Leave becomes known to the employee less than thirty (30) calendar days prior to the employee's need for Family Leave, the employee must provide as much notice as possible. In no case shall the employee provide notice later than five (5) calendar days after he or she learns of the need for Family Leave. 3. For foreseeable leave due to a qualifying exigency, an employee must provide notice of the need for leave as soon as practicable, regardless of how far in advance such leave is foreseeable. 4. When the Family Leave is for the purpose of the scheduled medical treatment or planned medical care of a child, parent, spouse or registered domestic partner, the employee shall, to the extent practicable, schedule treatment and/or care in a way that minimizes disruption to agency/department operations.