Maintaining Currency Clause Samples

The Maintaining Currency clause requires parties to keep certain information, documents, or obligations up to date throughout the duration of an agreement. In practice, this may involve regularly updating contact details, financial records, or compliance certifications to ensure all parties have access to the most current and accurate information. This clause helps prevent misunderstandings or operational issues that could arise from outdated data, thereby ensuring ongoing compliance and effective communication between parties.
Maintaining Currency a. All faculty members included in an additional RIF unit shall resubmit a request to remain in that RIF unit on a three (3) year cycle beginning with the Academic Year 2009-2010. b. The Human Resources Office shall inform all faculty, in writing, prior to October 1st of each year in which they are due to resubmit a request.