He added, however, that a sponsor could undercut the board's power by providing financing not conditioned on a recognition agreement.

International technology organizations from eight nations have signed a mutual recognition agreement called the Sydney Accord.

The primary tools to achieve this will be "mutual recognition agreements."

But the mutual recognition agreements go a step further.

The Institute has mutual recognition agreements in place with:

On June 26, 1991, a mutual recognition agreement was signed by both countries.

Boards will also have to evaluate the terms of the many different kinds of recognition agreements requested by lenders.

A mutual recognition agreement was then announced between the two institutions; this has been renewed from 2010 until 2015.

It is the jumbo personal loan made by the private banking divisions of large financial institutions and requiring no recognition agreement from a board.

Moreover, he said, lenders will also insist upon receiving what is known as a "recognition agreement" from the co-op itself.