Desired Status Sample Clauses

Desired Status.  A common understanding and awareness of Business Model Innovation importance The more Business Model Innovation becomes second nature in the AAL- industry, the more it can benefit from the overall progress and development in the global ICT- and service as a whole.  Increase EU market competitiveness and address new social changes This one of the most important outcomes, combing economic growth with improvements of peoples’ quality of life.  Established pan-European market with clear roles and rules This makes the investment case much more solid both for existing players as well as for new entrants.  Open solutions based on standard hardware and well defined standards for  Modern procurement that stimulates innovation This is assumed to benefit new players with creative and new solutions.  User centric approach/user involvement and co-production It is a well-known fact that most of the major and successful contemporary global B2B/B2C-products being marketed today have had extensive user involvement as part of the entire R&D process. This is also true for the most innovative AAL-projects up to this date. Any new business model needs to find value creators that at present are not seen as creating value. By utilizing the individual users/customers as value creators in the healthcare and care system more and better outcomes can be generated without increased expenditure for the provider.  Reduced barriers of entry has attracted new entrants By having a healthy and prosperous AAL-ecosystem, the number of really good solutions available is more likely to be higher compared to a situation with few players.  AAL solutions are universally and readily available for the consumer Consumers can easily buy and install AAL solutions via App Store and similar platforms
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Desired Status. A European overview and insight in a minimum set of criteria for experience based evidence and evidence based practice to help consumers in their decision making process to make better use of independent living solutions in their daily live and to help entrepreneurs to scale up these solutions.
Desired Status. An environment with appropriate learning methods and practices for multi-stakeholder networks that collaborate on a regional and European level on wide scale deployment of active and healthy ageing solutions. Scenarios of moving towards a self-sustained learning network of multi-stakeholder networks in regions and across regions collaborate together and learn in a dynamic way. Sharing knowledge on and working on horizontal topics, and ‘learning by doing’ at all stages of the innovation cycle.

Related to Desired Status

  • Pay Status An aggrieved employee and the Union Delegate shall be in a pay status during those working hours in which a grievance, a grievance mediation, or an arbitration hearing is held. Release time for additional employee representation shall be subject to approval by the Labor Relations Officer or designee when a group grievance is filed.

  • At-Will Status Notwithstanding any provision of this Agreement, Executive is employed at-will, such that Executive or the Bank may terminate Executive’s employment at any time, with or without notice, for any or no reason.

  • Additional Insured Status The City, its officers, officials, employees, and volunteers are to be covered as additional insureds on the CGL policy with respect to liability arising out of work or operations performed by or on behalf of Contractor including materials, parts, or equipment furnished in connection with such work or operations. General liability coverage can be provided in the form of an endorsement to Contractor’s insurance (at least as broad as ISO Form CG 20 10 11 85 or if not available, through the addition of both CG 20 10, CG 20 26, CG 20 33, or CG 20 38; and CG 20 37 if a later edition is used).

  • Travel Status Travel by an employee, outside the College region on College business, where authorization for such travel has been requested in advance on the appropriate form, and approved by the College.

  • Shell Status The Company represents that it is not a “shell” issuer and has never been a “shell” issuer, or that if it previously has been a “shell” issuer, that at least twelve (12) months have passed since the Company has reported Form 10 type information indicating that it is no longer a “shell” issuer. Further, the Company will instruct its counsel to either (i) write a 144- 3(a)(9) opinion to allow for salability of the Conversion Shares or (ii) accept such opinion from Holder’s counsel.

  • ERISA Status With respect to the initial advance to such Qualified Borrower only, either (i) a favorable written opinion of counsel to such Qualified Borrower, addressed to the Secured Parties, reasonably acceptable to the Administrative Agent and its counsel, regarding the status of such Qualified Borrower as an Operating Company (or a copy of such opinion addressed to the Investors, reasonably acceptable to the Administrative Agent and its counsel, together with a reliance letter with respect thereto, addressed to the Secured Parties); or (ii) a certificate, addressed to the Secured Parties, signed by a Responsible Officer of such Qualified Borrower that the underlying assets of such Qualified Borrower do not constitute Plan Assets because less than 25% of the total value of each class of equity interests in such Qualified Borrower is held by “benefit plan investors” within the meaning of Section 3(42) of ERISA which shall be substantially in the form of the ERISA 25% Certificate;

  • DTC Status The Company’s transfer agent is a participant in, and the Common Stock is eligible for transfer pursuant to, the Depository Trust Company Automated Securities Transfer Program. The name, address, telephone number, fax number, contact person and email address of the Company transfer agent is set forth on Schedule 5(x) hereto.

  • PFIC Status Based on the Company’s current income and assets and projections as to the value of its assets and the market value of its Shares, including the current and anticipated valuation of its assets, the Company does not believe it was a Passive Foreign Investment Company (“PFIC”) within the meaning of Section 1297 of the United States Internal Revenue Code of 1986, as amended, for its most recent taxable year, and does not expect to become a PFIC for its current taxable year or in the foreseeable future.

  • Investment Company Status The Company is not, and upon consummation of the sale of the Securities will not be, an “investment company,” an affiliate of an “investment company,” a company controlled by an “investment company” or an “affiliated person” of, or “promoter” or “principal underwriter” for, an “investment company” as such terms are defined in the Investment Company Act of 1940, as amended.

  • Unfunded Status The obligations of the Company hereunder shall be contractual only. The Employee shall rely solely on the unsecured promise of the Company and nothing herein shall be construed to give the Employee or any other person or persons any right, title, interest or claim in or to any specific asset, fund, reserve, account or property of any kind whatsoever owned by the Company or any Affiliate.

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