CAPACITY AND READINESS TO PERFORM SERVICE AND DELIVERABLES AS DESCRIBED Sample Clauses

CAPACITY AND READINESS TO PERFORM SERVICE AND DELIVERABLES AS DESCRIBED. Nearly a decade ago, well before the seismic disruptions of the 2020 pandemic, Virginia Tech University began planning to transform its organizational culture and experience for future generations.10 In calling for Beyond Boundaries in 2015, president Xxx Xxxxx and the Virginia Tech community foresaw an imminent need for the university to raise its own stakes, to challenge itself about which beliefs, funding patterns and learning principles would provide the university’s foundation for excellence and responsiveness by 2047 and beyond. Correspondingly, Virginia Tech has thought carefully and with the strong support of the faculty about what it values as a land-grant institution—chiefly to ensure that experiential learning and discovery remain at the heart of the mission; and it has confronted the difficult decision that profound organizational and operational changes will be necessary to achieve lasting excellence. Now the university is ready to cultivate its Beyond Boundaries initiative and new long-term strategic plan with the help of trusted external advisors. If there were ever a time and circumstance in which the old adage about the Chinese character for “crisis” – consisting of “danger” and “opportunity” – were applicable, this is it. Higher education now faces the greatest – perhaps existential – challenges in its history. Yet this can – and must – be approached as not just a threat but also as an opportunity: to reimagine what higher education can be and do, to take the lead in shaping that. By leading with a vision of what is possible, the Virginia Tech can more competitively meet the challenges of the 21st Century. Even before the COVID-19 pandemic, public colleges faced serious challenges, including declining enrollments, increased costs, expanding alternatives, and decreasing confidence in the value of investing in current higher education models; these concerns struck even more deeply in the Northeast. The pandemic and accompanying economic recession have only exacerbated these threats, striking at traditional colleges’ core operating model, making higher education less affordable for the record number of families sinking into economic distress, decimating state budgets and thereby threatening necessary continued public support for higher education institutions. All these factors are further driving families and individuals toward alternative education 10 The impact of the Beyond Boundaries and other internal strategic dialogues is already bein...
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Related to CAPACITY AND READINESS TO PERFORM SERVICE AND DELIVERABLES AS DESCRIBED

  • Force Majeure If by reason of Force Majeure, either party hereto shall be rendered unable wholly or in part to carry out its obligations under this Agreement then such party shall give notice and full particulars of Force Majeure in writing to the other party within a reasonable time after occurrence of the event or cause relied upon, and the obligation of the party giving such notice, so far as it is affected by such Force Majeure, shall be suspended during the continuance of the inability then claimed, except as hereinafter provided, but for no longer period, and such party shall endeavor to remove or overcome such inability with all reasonable dispatch. Choice of Law The Agreement between the Vendor and TIPS/ESC Region 8 and any addenda or other additions resulting from this procurement process, however described, shall be governed by, construed and enforced in accordance with the laws of the State of Texas, regardless of any conflict of laws principles. Venue, Jurisdiction and Service of Process Any Proceeding arising out of or relating to this procurement process or any contract issued by TIPS resulting from or any contemplated transaction shall be brought in a court of competent jurisdiction in Camp County, Texas and each of the parties irrevocably submits to the exclusive jurisdiction of said court in any such proceeding, waives any objection it may now or hereafter have to venue or to convenience of forum, agrees that all claims in respect of the Proceeding shall be heard and determined only in any such court, and agrees not to bring any proceeding arising out of or relating to this procurement process or any contract resulting from or any contemplated transaction in any other court. The parties agree that either or both of them may file a copy of this paragraph with any court as written evidence of the knowing, voluntary and freely bargained for agreement between the parties irrevocably to waive any objections to venue or to convenience of forum. Process in any Proceeding referred to in the first sentence of this Section may be served on any party anywhere in the world. Venue for any dispute resolution process, other than litigation, between TIPS and the Vendor shall be located in Camp or Xxxxx County, Texas.

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Miscellaneous The Vendor acknowledges and agrees that continued participation in TIPS is subject to TIPS sole discretion and that any Vendor may be removed from the participation in the Program at any time with or without cause. Nothing in the Agreement or in any other communication between TIPS and the Vendor may be construed as a guarantee that TIPS or TIPS Members will submit any orders at any time. TIPS reserves the right to request additional proposals for items or services already on Agreement at any time.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the day and year first above written.

  • General All payments to be made by the Borrower shall be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender its Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m. shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Indemnification In the event any Registrable Securities are included in a Registration Statement under this Agreement:

  • WHEREAS the Trust is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the "1940 Act"); and

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