Conditions of Satisfaction Sample Clauses

Conditions of Satisfaction. The Deal ties the profits of several project participants to the outcome of the entire project rather than to individual performance. The intent is to open the eyes of the participants to the waste that has been generated by the silos of previous contract forms. It also encourages participants to act as one entity, thus optimizing the entire value stream rather than focusing on individual piecework. It is best when a wide variety of project participants participate because they can offer project-wide design and build perspectives.
Sample 1
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Conditions of Satisfaction. It is important that the IBM team understands what the client expects from IBM in this project. Once established with the client, the conditions of satisfaction attendant IBM actions are periodically reviewed by the project partner/manager as Confidential to Solectron and IBM well as in independent discussions with the client conducted by the assigned Risk manager (RM)1. ¡ Risk Management Plan – This plan identifies the initial project risks that might occur and is periodically updated throughout the project life cycle. The plan identifies the risk, probability of occurrence, potential impacts and risk mitigating actions. As stated above, the IBM project manager will establish additional project controls or project support tools and processes including those desired by the client where applicable. Once these two deliverables are complete, the assigned Risk Manager will review the assessments with the project manager and project partner to determine if additional support is needed to complete the Project Launch process or the review indicates that the launch is completed. Once completed, the assigned Risk Manager reviews the Seven Keys Status Report each month to stay informed regarding project progress and to monitor action plans associated with any identified “yellow” or “red” health indicators.
Sample 1
Conditions of Satisfaction. 1. One form of an escape clause used where a party’s desire for the contract is contingent upon her being satisfied with the outcome of some uncertain event (e.g. sale of property on credit conditional on the seller’s satisfaction with the buyer’s credit rating).
Sample 1

Related to Conditions of Satisfaction

  • Conditions of U S. Underwriters' Obligations. The obligations of the several U.S. Underwriters hereunder are subject to the accuracy of the representations and warranties of the Company contained in Section 1 hereof or in certificates of any officer of the Company or any subsidiary of the Company delivered pursuant to the provisions hereof, to the performance by the Company of its covenants and other obligations hereunder, and to the following further conditions:

  • Conditions of Sale 1. RESERVE PRICE AND BIDDING AT AUCTION

  • Conditions of Parties Obligations 7.1 Conditions of Investor's Obligations at the Closing. The --------------------------------------------------- obligation of Investor to purchase and pay for the Investor Stock is subject to the fulfillment prior to or on the Closing Date of the following conditions, any of which may be waived in whole or in part by Investor:

  • Conditions to Obligations of Seller The obligations of Seller to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or Seller’s waiver, at or prior to the Closing, of each of the following conditions:

  • Conditions of Use CLIENT acknowledges that its use of the Site is subject to and conditioned upon the following terms and agrees that TAILGATE GUYS may exercise any of the remedies set forth herein for CLIENTS failure to comply:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLER The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by Seller in whole or in part to the extent permitted by applicable Law):

  • Conditions to Obligations of Sellers The obligations of Sellers to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or Sellers’ waiver, at or prior to the Closing, of each of the following conditions:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLERS The obligations of Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment, prior to or on the Closing Date, of each of the following conditions (any or all of which may be waived by Sellers in whole or in part to the extent permitted by applicable Law):

  • Conditions Precedent to Obligations of Parties The respective obligations of each of the parties hereto hereunder are subject to the satisfaction, at or prior to the Closing Date, of each of the following conditions:

  • Conditions to Obligations of Parent The obligation of Parent to effect the Merger is further subject to satisfaction or waiver of the following conditions:

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