Innovation and improvement Sample Clauses

Innovation and improvement. (a) The Supplier acknowledges and agrees that the purpose of the Service Level and KPI requirements is to ensure a minimum level of performance by the Supplier, with the aim of continuous improvement in meeting the stated Service Level and KPI requirements (including measurable improvements in value, efficiency and NSW Health | Deed | Standing Offer Arrangement (SOA) | Goods and Services OFFICIAL productivity year on year), thereby increasing the benefits to the Principal and the Eligible Customers during the Term. (b) Without limiting the Supplier’s obligations under this SOA or any Agreement, the Supplier must continuously throughout the Term: (i) perform its obligations in accordance with Best Industry Practice; (ii) take reasonable steps to improve the Supplies under this SOA and each Agreement and the manner in which it performs its obligations under each of them, including by: A. maintaining a level of currency, knowledge and technology that allows the Eligible Customers to take advantage of technological and process advancements; B. identifying and applying proven techniques and tools utilised by the Supplier or in the Supplier’s industry that would benefit the Principal or any Eligible Customer either operationally or financially; C. implementing programs, practices and measures designed to improve the Supplier's levels of performance, including any programs, practices and measures as stated in any Agreement; D. implementing relevant technological improvements and advancements; and E. identifying and implementing efficiencies in the supply chain; (iii) if reasonably requested by the Principal report on the performance of its obligations under clauses 11.1(b)(i) and 11.1(b)(ii); and (iv) notify the Principal of any change to the performance of its obligations under this SOA or any Agreement which, if implemented, would give rise to an improvement, innovation or time or cost saving and if required by the Principal, issue a Change Request in respect of that change.
Sample 1
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Related to Innovation and improvement

  • 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.

  • NOW, THEREFORE the parties hereto agree as follows:

  • Termination In the event that either Party seeks to terminate this DPA, they may do so by mutual written consent so long as the Service Agreement has lapsed or has been terminated. Either party may terminate this DPA and any service agreement or contract if the other party breaches any terms of this DPA.

  • 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 through no fault of its own 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. Upon delivering such notice, the obligation of the affected party, so far as it is affected by such Force Majeure as described, shall be suspended during the continuance of the inability then claimed but for no longer period, and such party shall endeavor to remove or overcome such inability with all reasonable dispatch. In the event that Vendor’s obligations are suspended by reason of Force Majeure, all TIPS Sales accepted prior to the Force Majeure event shall be the legal responsibility of Vendor and the terms of the TIPS Sale Supplemental Agreement shall control Vendor’s failure to fulfill for a Force Majeure event.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

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

  • Assignment This Agreement and all rights and obligations hereunder may not be assigned without the written consent of the other party.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

  • Purpose The purpose of this Agreement is to identify the terms and conditions of the relationship between TIPS and Vendor. Public entities and qualifying non-profits that properly join or utilize TIPS (“TIPS Members”) may elect to “piggyback” off of TIPS’ procurements and agreements where the laws of their jurisdiction allow. TIPS Members are not contractual parties to this Agreement although terms and conditions of this Agreement may ensure benefits to TIPS Members.

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

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