COMMERCIAL RISK Sample Clauses

COMMERCIAL RISK. The Contractor acknowledges that any risk assessment which has been, or may be, undertaken in connection with this Contract has been, or will be, a project management function only. Such risk assessment does not affect the legal relationship between the parties. The issuing of any risk assessment questionnaire and the process of risk assessment generally, including without limitation, the identification of (or failure to identify): - particular risks and their impact, or - risk reduction measures, contingency plans and remedial actions, shall not in any way limit or exclude the Contractor's obligations under this Contract and shall be entirely without prejudice to the Authority's rights, privileges and powers under this Contract. The risks identified as a result of any risk assessment questionnaire and risk assessment process generally remain the risks of the Contractor and are not assumed by the Authority except to the extent that the Authority expressly and unequivocally accepts those risks under the Contract.
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COMMERCIAL RISK. 32.1 The Contractor acknowledges that any risk assessment which has been, or may be, undertaken in connection with this Contract has been, or will be, a project management function only. Such risk assessment does not affect the legal relationship between the parties. The issuing of any risk assessment questionnaire and the process of risk assessment generally, including without limitation, the identification of (or failure to identify): 32.1.1. particular risks and their impact, or 32.1.2. risk reduction measures, contingency plans and remedial actions, shall not in any way limit or exclude the Contractor's obligations under this Contract and shall be entirely without prejudice to the Authority's rights, privileges and powers under this Contract.
Sample 1
COMMERCIAL RISK. The Contractor acknowledges that any risk assessment which has been, or may be, undertaken in connection with this Contract has been, or will be, a project management function only. Such risk assessment does not affect the legal relationship between the parties. The issuing of any risk assessment questionnaire and the process of risk assessment generally, including without limitation, the identification of (or failure to identify): - particular risks and their impact; or - risk reduction measures, contingency plans and remedial actions shall not in any way limit or exclude the Contractor's obligations under this Contract and shall be entirely without prejudice to the Authority's rights, privileges and powers under this Contract. The risks identified as a result of any risk assessment questionnaire and risk assessment process generally remain the risks of the Contractor and are not assumed by the Authority except to the extent that the Authority expressly and unequivocally accepts those risks under the Contract. Any risk assessment questionnaire released was or will be issued by the Authority solely on this basis.
Sample 1
COMMERCIAL RISK. 26.1 The employee agrees that there are no contracts, restriction or other matters which would interfere with his/her ability to discharge the obligations under this agreement. 26.2 While performing the obligations under this agreement the employee has an obligation to immediately advise the employer of any conflict of interest or commercial risks in the following circumstances: 26.2.1 where the employee becomes aware of any potential or actual conflict between the employee’s interests and those of the employer; and/or 26.2.2 where there is a risk the employee could inadvertently disclose confidential information to the employer’s competitors, for example where a relative is employed in a similar business in the South Island. 26.3 Where the employer forms the view that a conflict of interest or commercial risk or other situation exists than in any way xxxxx or potentially xxxxx the employer’s interests, it may direct the employee to take action to resolve the problem and the employee shall comply with that instruction. 26.4 If in the employer’s opinion the employee has been unable to satisfactorily resolve the problem, the employer shall be entitled at its discretion to transfer the employee to an alternative position which the employer considers suitable, or if this is not possible, to terminate the employee’s employment on six (6) weeks’ notice or payment in lieu thereof. 26.5 Where an employee fails to declare a conflict of interest, or commercial risk, this may result in termination of employment without notice. 26.6 The employee shall not either directly or indirectly receive or accept for his/her own benefit or the benefit of any person or entity other than the employer, any gratuity, or payment of any kind from any person having or intending to have any business with the employer. 26.7 If the employer believes the employee may have entered into another employment arrangement, business relationship or activity which could being the employee into conflict with his/her obligation under this agreement or which might adversely affect his duty of fidelity to the employer, the employee will on request, make full disclosure to the employer of all relevant matters.
Sample 1
COMMERCIAL RISK. 3.2.4.1 The Contractor acknowledges that any risk assessment which has been, or may be, undertaken in connection with the Contract has been, or will be, a project management function only. Such risk assessment does not affect the legal relationship between the parties. The issuing of any risk assessment questionnaire and the process of risk assessment generally, including without limitation, the identification of (or failure to identify):
Sample 1
COMMERCIAL RISK. Stallholders choose to operate at your own commercial risk. Please make note of the above cancellation policy. NO refunds will be issued outside of this policy.Nightjar is not liable for any compensation relating to any actual or perceived loss as a result of extreme or inclement weather &/or festival cancellation.
Sample 1
COMMERCIAL RISK. Lessee bears all risk that the Equipment may become unusable for any reason, including without limitation, loss, theft, damage, destruction, defect, GOVERNMENTAL REGULATION, PROHIBITION, IMPRACTICABILITY OF USE, OBSOLESCENCE OR COMMERCIAL FRUSTRATION. No inability to use the Equipment shall result in the termination of any Lease or relieve Lessee from any of its obligations under any Lease.
Sample 1
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COMMERCIAL RISK. Lessee shall bear all risks in the event the Equipment leased herein shall be unusable to Lessee for any reason whatsoever, including, but not limited to, GOVERNMENT REGULATIONS, OBSOLESCENCE OR COMMERCIAL FRUSTRATION. Lessee agrees to be bound by all provisions of this Agreement and the Lease should the Equipment be or become unusable for any reasons whatsoever.
Sample 1

Related to COMMERCIAL RISK

  • Financial Risk The Warrantholder has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of its investment, and has the ability to bear the economic risks of its investment.

  • Financial Risks The Purchaser acknowledges that it is able to bear the financial risks associated with an investment in the Shares and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Purchaser is capable of evaluating the risks and merits of an investment in the Shares by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Purchaser is capable of bearing the entire loss of its investment in the Shares.

  • Special Risks or Circumstances City reserves the right to modify these requirements, including limits, based on the nature of the risk, prior experience, insurer, coverage, or other special circumstances.

  • Sovereign Risk Sovereign Risk shall mean, in respect of any jurisdiction, including the United States of America, where an Investment is acquired or held hereunder or under a sub-custody agreement, (a) any act of war, terrorism, riot, insurrection or civil commotion, (b) the imposition of any investment, repatriation or exchange control restrictions by any Governmental Authority, (c) the confiscation, expropriation or nationalization of any Investment or cash deposit by any Governmental Authority, whether de facto or de jure, (d) any devaluation or revaluation of the currency, (e) the imposition of taxes, levies or other charges affecting Investments or cash deposits, (f) any change in the Applicable Law, or (g) any other economic or political risk incurred or experienced.

  • Windstorm or hail This peril does not include loss to the property contained in a building caused by rain, snow, sleet, sand or dust unless the direct force of wind or hail damages the building causing an opening in a roof or wall and the rain, snow, sleet, sand or dust enters through this opening. This peril includes loss to watercraft and their trailers, furnishings, equipment, and outboard engines or motors, only while inside a fully enclosed building.

  • Explosion Riot or civil commotion.

  • Specific Requirements for Commercial General Liability Contractor shall purchase and maintain occurrence coverage with combined single limits for bodily injury, personal injury, and property damage of $1,000,000 per occurrence and $2,000,000 aggregate per year to cover such claims as may be caused by any act, omission, or negligence of Contractor or its officers, agents, representatives, assigns, or subcontractors. State, its officers, officials, employees, and volunteers are to be covered and listed as additional insureds for liability arising out of activities performed by or on behalf of Contractor, including the insured's general supervision of Contractor, products, and completed operations, and the premises owned, leased, occupied, or used.

  • Economic Risk The Purchaser realizes that the purchase of the ------------- Stock will be a highly speculative investment and involves a high degree of risk, and the Purchaser is able, without impairing financial condition, to hold the Stock for an indefinite period of time and to suffer a complete loss on the Purchaser's investment.

  • Impact direct impact on people does not necessarily require direct contact, for example, environmental health, trading standards and similar officers may have a direct impact on people, through the implementation or enforcement of regulations, without necessarily having direct contact with those who benefit.

  • Repair and classification The Borrower shall procure that each Owner shall keep the Ship owned by it in a good and safe condition and state of repair: (a) consistent with first-class ship ownership and management practice; (b) so as to maintain the highest class with a first-class classification society which is a member of IACS acceptable to the Agent free of overdue recommendations and conditions of such classification society; and (c) so as to comply with all laws and regulations applicable to vessels registered at ports in the relevant Approved Flag State or to vessels trading to any jurisdiction to which the Ship may trade from time to time, including but not limited to the ISM Code, the ISPS Code, the ISM Code Documentation and the ISPS Code Documentation.

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