Financial Instability Sample Clauses

Financial Instability. Any party: (i) files for bankruptcy, receivership, insolvency, reorganization, dissolution, liquidation or any similar proceeding, (ii) has such a proceeding instituted against it and such proceeding is not dismissed within 60 days, (iii) makes an assignment for the benefit of its creditors or an offer of settlement, extension or composition to its creditors generally; or (iv) a trustee, conservator, receiver or similar fiduciary is appointed for that party or substantially all of that party's assets.
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Financial Instability. Any party: (i) files for bankruptcy, receivership, insolvency, reorganization, dissolution, liquidation or any similar proceeding, (ii) has a proceeding instituted against it and such proceeding is not dismissed within 60 days, (iii) makes an assignment for the benefit of its creditors or an offer of settlement, extension or composition to its creditors generally; or (iv) a trustee, conservator, receiver or similar fiduciary is appointed for that party or substantially all of that party ss.s assets; or (v) any significant or material negative change in the financial condition of a party that the other party reasonably deems itself insecure.
Financial Instability. There are currently insufficient sources of financing to fully support youth friendly health services. Moderate Packages of services provided by YFHCs may not be entirely covered and efficiently implemented, especially out-reach package of services to EVA and MARA groups. Achieve changes in the health sector legislation regarding local financing of medical institutions. Collaboration with the NIHC on the modification of the financing sources. Negotiations to attract other sources of financing (NGO, the Ministry of Labour and Social Protection. Human resource flow. Staff turnover in YFHC. Lack of YFHCs staff motivation. High Due to low salaries in the health system, many health service providers, especially family doctors, nurses and midwives often migrate abroad, or change their workplace, which leads to a deficit of qualified and adequately trained human resources in the YFHS. Identify non-financial incentive for staff Improve financial mechanisms and achieve performance-based financing. Change of the place/institutional subordination of YFHCs within health system (from primary health care to specialized health care) Moderate Change of the upper managerial level, change of the financing mechanism in accordance with specialised health care system, potential change in data collection and M&E system. Capacity building of the upper managerial level professionals. Advocacy and technical assistance for adjustment of financing mechanisms and M&E systems. Inter-sectorial cooperation with social and educational sectors is difficult to maintain and is fragmented. High This risk can affect creation of a supportive environment for youth health and development and can be an obstacle to the functioning of the inter-sectorial referral system. The multi-sectorial strategy on Child and Adolescent Health and Development is being elaborated with WHO support. The referral system at regional and local level will become part of the practice in Moldova and will continue to function beyond the project lifetime. Overloaded school curricula does not meet the current needs of students. Moderate Overloaded curricula can challenge the inclusion of health promotion subjects in school curricula. Consistent advocacy efforts at all levels will different stakeholders in the frame of the revision of school educational standards by MoE. Operational difficulties (e.g. funding and managerial) in implementing the project. Low Delays in project implementation Involve a facilitator/chair who can...
Financial Instability. CCS shall be deemed financially unstable only upon its failure to pay its debts when due and payable, or upon the filing in any state or federal bankruptcy court of any claim for relief from its creditors, or if litigation shall be commenced by its creditors. Failure to maintain budget in relation to enrollment shall require reconciliation between revenue and expenses with expenses not to exceed revenue. Said failure shall be deemed sufficient cause for termination of the charter only in such circumstance as no viable plan to remedy the failure, is put forward within thirty days of notification to the Board of Directors. The Board shall have thirty (30) days to consider and approve or disapprove the plan. Should the Board of Directors disapprove the plan the process for Charter termination will be followed as prescribed in Section 12.
Financial Instability. If a receiver, administrator, or liquidator is appointed over a significant portion of our assets or if we attempt to arrange voluntary agreements with our creditors.
Financial Instability. Sales Partner: (i) files for bankruptcy, receivership, insolvency, reorganization, dissolution, liquidation or any similar proceeding, (ii) has a proceeding instituted against it and such proceeding is not dismissed within 60 days, (iii) makes an assignment for the benefit of its creditors or an offer of settlement, extension or composition to its creditors generally; or (iv) a trustee, conservator, receiver or similar fiduciary is appointed for that party or substantially all of that party’s assets. (v) makes a representation of financial instability.
Financial Instability. Either Party (i) becomes insolvent; (ii) fails to pay its debts or perform its obligations in the ordinary course of business as they mature; or (iii) ceases all or substantially all business operations as they concern the subject matter of this Agreement.
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Financial Instability. HCS shall be deemed financially unstable only upon its failure to pay its debts when due and payable, or upon the filing in any state or federal bankruptcy court of any claim for relief from its creditors, or if litigation shall be commenced by its creditors. Failure to maintain budget in relation to enrollment shall require reconciliation between revenue and expenses with expenses not to exceed revenue. Said failure shall be deemed sufficient cause for termination of the charter only in such circumstances as no viable plan to remedy the failure, is put forward within thirty days of notification to the Board of Directors. The Board shall have thirty (30) days to consider and approve or disapprove the plan. Should the Board of Directors disapprove the plan the process for Charter termination will be followed as prescribed in Section 12.
Financial Instability. PetroChoice Holdings, Inc., or any other entity(ies) who assumes the same financial duties, financial statements, or financial responsibilities of PetroChoice, LLC from time to time, most current audited financial statements and/or any more current financial statements disclose an unacceptably high level of liabilities to assets or any financial, operational or other factor that may lead ExxonMobil to conclude that Distributor may not, within the reasonable future, be capable of fully performing its obligations under this Agreement.
Financial Instability. Distributor’s most current audited financial statements and/or any more current financial statements disclose an unacceptably high level of liabilities to assets or any financial, operational or other factor that may, in ExxonMobil’s sole opinion, lead ExxonMobil to conclude that Distributor may not, within the reasonable future, be capable of fully performing its obligations under this Agreement.
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