Management of risks Sample Clauses

Management of risks. The Contractor immediately following his appointment shall carry out (with assistance from the Employer, the Architect/Contract Administrator and any other organisations engaged in relation to the Works as considered appropriate) an initial risk assessment to identify:
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Management of risks. Risk Management will be adopted to manage project issues and conflicts. During the initial start-up of the project, a risk assessment will be conducted to identify risks associated with both the busi- ness and technical aspect of the research. The project office, GA and WP leaders will be involved in the assessment. This will establish a central risk register. Risks will be assessed for their impact on the project and the probability of the risk materializing. The team will establish risk mitigation plans to reduce the impact and likelihood of the risk occur- ring, as well as action plans to manage the risk should it arise. This integrated approach to risk management will enable the project office to control effectively the business, intellectual property, technology, people, management, environment and other implementation risks that may arise. Un- resolved issues or conflicts impacting the project plan will be escalated to the appropriate body, project co-ordinator and then - if necessary - to the GA. A first analysis of the potential risks has been made; these are shown in Section 1.3.2.
Sample 1
Management of risks. The Contractor immediately following his appointment shall carry out (with assistance from the Employer, the Architect/Contract Administrator and any other organisations engaged in relation to the Works as considered appropriate) an initial risk assessment to identify: Clause 2.32.1 potential risks relating to the carrying out of the Works, the occurrence of which are capable of adversely affecting the time for completion, cost or quality of the Works; Clause 2.32.2 the probability of these risks occurring; Clause 2.32.3 a financial estimate of the most likely consequences of each risk occurring; and Clause 2.32.4 those risks that are within the control, or are best managed by, the Employer, the Architect/Contract Administrator or the Contractor or any other organisation engaged in relation to the Works; and Clause 2.32.5 the results of this initial risk assessment will be set out in a risk register.
Sample 1
Management of risks. The Contractor immediately following his appointment shall carry out (with assistance from the Employer, the Architect/Contract Administrator and any other organisations engaged in relation to the Works as considered appropriate) an initial risk assessment to identify: Clause 2.36.1 potential risks relating to the carrying out of the Works, the occurrence of which are capable of adversely affecting the time for completion, cost or quality of the Works; Clause 2.36.2 the probability of these risks occurring;
Sample 1
Management of risks. The Contractor immediately following his appointment shall carry out (with assistance from the Employer, the Architect/Contract Administrator and any other organisations engaged in relation to the Works as considered appropriate) an initial risk assessment to identify: Clause 2.36.1 potential risks relating to the carrying out of the Works, the occurrence of which are capable of adversely affecting the time for completion, cost or quality of the Works; Clause 2.36.2 the probability of these risks occurring; Clause 2.36.3 a financial estimate of the most likely consequences of each risk occurring; and Clause 2.36.4 those risks that are within the control, or are best managed by, the Employer, the Architect/Contract Administrator or the Contractor or any other organisation engaged in relation to the Works; and Clause 2.36.5 the results of this initial risk assessment will be set out in a risk register. Clause 2.37 The Contractor (with assistance from the Employer, the Architect/Contract Administrator and any other organisations engaged in relation to the Works as considered appropriate), shall regularly review and update the risk register to consider: Clause 2.37.1 any new risks that have arisen since the date of the last review; Clause 2.37.2 the steps taken to prevent/mitigate previously identified risks; Clause 2.37.3 risks which have been successfully prevented/mitigated (which can be removed from the risk register); and Clause 2.37.4 the prioritisation of all continuing risks and agreement of an action plan in respect of, and risk owners for, all risks prioritised as serious risks. Clause 2.38 In addition to, or as part of, any progress meetings, the Contractor or the Architect/Contract Administrator may arrange regular meetings to review the risk register in accordance with clause 2.37. Clause 2.39 Compliance with anti-slavery and human trafficking laws Clause 2.39.1 In performing its obligations under the contract, the Contractor shall:
Sample 1
Management of risks. The Processor performs and undertakes from time to time appropriate risk assessments and implements and maintains in place controls for risk identification, analysis, monitoring, reporting, and corrective action identified as being required as a result of such risk assessments.
Sample 1

Related to Management of risks

  • ACKNOWLEDGEMENT OF RISKS Client hereby acknowledges, that: (i) Digital Assets are not legal tender, are not backed by any government, and are not subject to protections afforded by the Federal Deposit Insurance Corporation or Securities Investor Protection Corporation; (ii) Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and/or value of Digital Assets; (iii) transactions in Digital Assets are irreversible, and, accordingly, Digital Assets lost due to fraudulent or accidental transactions may not be recoverable; (iv) certain Digital Assets transactions will be deemed to be made when recorded on a public blockchain ledger, which is not necessarily the date or time that Client initiates the transaction or such transaction enters the pool; (v) the value of Digital Assets may be derived from the continued willingness of market participants to exchange any government issued currency (“Fiat Currency”) for Digital Assets, which may result in the permanent and total loss of value of a Digital Asset should the market for that Digital Asset disappear; (vi) the volatility of the value of Digital Assets relative to Fiat Currency may result in significant losses; (vii) Digital Assets may be susceptible to an increased risk of fraud or cyber-attack; (viii) the nature of Digital Assets means that any technological difficulties experienced by a Coinbase Entity may prevent the access or use of Client Digital Assets; and (ix) any bond or trust account maintained by Coinbase Entities for the benefit of its customers may not be sufficient to cover all losses (including Losses) incurred by customers.

  • ASSUMPTION OF RISKS I am aware that skiing, snowboarding and participating in snow school lessons, clinics and sessions involve many risks, dangers and hazards including, but not limited to: boarding, riding and disembarking ski lifts; changing weather conditions; avalanches; exposed rock, earth, ice, and other natural objects; trees, tree xxxxx, tree stumps and forest deadfall; the condition of snow or ice on or beneath the surface; variations in the terrain which may create blind spots or areas of reduced visibility; variations in the surface or sub-surface, including changes due to man-made or artificial snow; variable and difficult conditions; streams, creeks, and exposed holes in the snow pack above streams or creeks; cliffs; crevasses; snowcat roads, road-banks or cut-banks; collision with lift towers, fences, snow making equipment, snow grooming equipment, snowcats, snowmobiles or other vehicles, equipment or structures; encounters with domestic and wild animals including dogs and bears; collision with other persons; loss of balance or control; slips, trips and falls; accidents during snow school lessons; infectious disease contracted through viruses, bacteria, parasites, and fungi which may be transmitted through direct or indirect contact; negligent first aid; failure to act safely or within one’s own ability or to stay within designated areas; negligence of other persons; and NEGLIGENCE ON THE PART OF THE RELEASEES. I UNDERSTAND THAT NEGLIGENCE INCLUDES FAILURE ON THE PART OF THE RELEASEES TO TAKE REASONABLE STEPS TO SAFEGUARD OR PROTECT ME FROM OR WARN ME OF THE RISKS, DANGERS AND HAZARDS REFERRED TO ABOVE. I am also aware that the risks, dangers and hazards referred to above exist throughout and beyond the ski area and that many hazards are unmarked. I FREELY ACCEPT AND FULLY ASSUME ALL SUCH RISKS, DANGERS AND HAZARDS AND THE POSSIBILITY OF PERSONAL INJURY, DEATH, OR PROPERTY DAMAGE OR LOSS RESULTING THEREFROM.

  • Acknowledgement of Risk (a) The Purchaser acknowledges and understands that its investment in the Securities involves a significant degree of risk, including, without limitation, (i) the Company remains a development stage business with limited operating history and requires substantial funds in addition to the proceeds from the sale of the Securities; (ii) an investment in the Company is speculative, and only Purchasers who can afford the loss of their entire investment should consider investing in the Company and the Securities; (iii) the Purchaser may not be able to liquidate its investment; (iv) transferability of the Securities is extremely limited; (v) in the event of a disposition of the Securities, the Purchaser could sustain the loss of its entire investment; and (vi) the Company has not paid any dividends on its Common Stock since inception and does not anticipate the payment of dividends in the foreseeable future. Such risks are more fully set forth in the SEC Documents;

  • ACKNOWLEDGMENT OF RISKS The undersigned recognizes and understands that there are risks associated with their participation in the Activities including, but not limited to, bodily injury or death to persons and damage to property. The undersigned further acknowledges and understands that they will be held liable and responsible for any and all damage to persons, livestock, vehicles, property and/or improvements to property that is caused by them and/or any persons (including, but not limited to, minors) under their care and control, and that arise out of, or are related to, the undersigned’s entry into and participation in the Activities.

  • ASSUMPTION OF RISKS; CLAIMS BETWEEN THE PARTIES Contractor assumes sole responsibility and all risks of personal injury or property damage to itself and its employees and agents in connection with its operations under this Contract. Enterprise Services has made no representations regarding any factor affecting Contractor’s risks. Contractor shall pay for all damage to any Purchaser’s property resulting directly or indirectly from Contractor’s acts or omissions under this Contract.

  • Assumption of Risk, and Indemnity Agreement Waiver: In consideration of being permitted to visit or participate in any way in any activity, including transportation, at the above location, I, for myself, my heirs, personal representatives or assigns, do hereby release, waive, discharge, and covenant not to xxx The Regents of the University of California, its officers, employees, and agents from liability from any and all claims including the negligence of The Regents of the University of California, its officers, employees, and agents, resulting in personal injury, accidents or illnesses (including death), and property loss arising from, but not limited to, visitation or participation in any way in any activity, including transportation, at the above location. Assumption of Risks: Visitation or participation carries with it certain inherent risks that cannot be eliminated regardless of the care taken to avoid injuries. The specific risks vary from one activity to another, but the risks range from 1) minor injuries such as scratches, bruises, and sprains to 2) major injuries such as eye injury or loss of sight, joint or back injuries, heart attacks, and concussions to 3) catastrophic injuries including paralysis and death. I have read the previous paragraphs and I know, understand, and appreciate these and other risks that are inherent in visitation or participation. I hereby assert that my visitation or participation is voluntary and that I knowingly assume all such risks. Indemnification and Hold Harmless: I also agree to INDEMNIFY AND HOLD The Regents of the University of California HARMLESS from any and all claims, actions, suits, procedures, costs, expenses, damages and liabilities, including attorney’s fees brought as a result of my involvement in visitation or participation and to reimburse them for any such expenses incurred.

  • Allocation of Risk Licensee acknowledges and agrees that each provision of this Agreement that provides for a disclaimer of warranties or an exclusion or limitation of damages represents an express allocation of risk, and is part of the consideration of this Agreement.

  • WAIVER OF LIABILITY, ASSUMPTION OF RISK, AND INDEMNITY AGREEMENT I, , IN CONSIDERATION of being permitted to participate in any way in the Rocky Mountain Cycling Club 1000 km brevet calendared for August 13, 2022 (“Activity”), I hereby acknowledge, agree, attest and represent the following:

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