Potential Risk Sample Clauses

Potential Risk. Managing any large scale event has many potential risks ranging from public safety, crowd management, budget constraints, scheduling conflicts with vendors and artists, promotional issues, and currently COVID-19. These risks if not managed properly can compromise the efficiency and success of the event. To reach the goals and objectives needed for a successful event, Think Rubix has a track record of focusing on consistent and constant means and levels of communication, successful budget management to stay within budget requirements, and providing periodic real time and post event feedback. Think Rubix will mitigate risk by: ➢ Partnering with local law enforcement and health care vendors to provide a public safety and healthcare presence on site. ➢ Providing a key point of contact for the event, as well as providing a number of backup personnel and additional fill in contacts, to always be available to address and answer any issues or concerns. ➢ Providing budget management services to keep all costs within the parameters of the approved budget. ➢ Establishing and implementing a comprehensive event management and Day-of-Event logistic and operational plan. ➢ Following all local guidelines and protocols. ➢ Developing and providing event analytics and processes to manage and measure efficiency in real time, to gather feedback from professional providers and vendors, and to prepare a post event report to measure and evaluate success.
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Related to Potential Risk

  • Hazards The Tenant shall not undertake, or permit his/her family or guests to undertake, any hazardous acts or do anything that will increase the project's insurance premiums. Such action constitutes a material non-compliance. If the unit is damaged by fire, wind, or rain to the extent that the unit cannot be lived in and the damage is not caused or made worse by the Tenant, the Tenant will be responsible for rent only up to the date of the destruction. Additional rent will not accrue until the unit has been repaired to a livable condition.

  • Special Risks or Circumstances City reserves the right to modify these requirements, including limits, based on the nature of the risk, prior experience, insurer, coverage, or other special circumstances.

  • Perception An action or behaviour can become harassment if the receiver perceives it as such, regardless of the intentions of the initiator.

  • Market Risk The Portfolio acknowledges that any cash collateral provided by a borrower in respect of a securities lending transaction may be invested by Subadviser on the Portfolio's behalf at the Portfolio's risk, and if, upon termination of any loan, the cash collateral held by Subadviser for Portfolio's account is less than the amount required to be returned to the borrower under Subadviser's agreement with the borrower, the Portfolio will provide borrower with cash in the amount of any such deficiency. 3.4.

  • Hazard Something that is potentially dangerous or harmful, often the root cause of an unwanted outcome.

  • Fire Hazards Explosives and inflammable materials which conflict with the Insurance Underwriting or Fire Department must be excluded. The City Fire Department prohibits the use of paper, crepe paper, or corrugated papers, and cardboard that has not been flame proofed for decoration of exhibit booths. All cloth drapes or table covers must be treated for fire resistance. All boats and motorized vehicles must have fuel tanks sealed and batteries disconnected. The Fire Marshal may require fuel tanks to be drained and purged. All exhibits must be in compliance with ordinances and laws of the City and the State in which the Show is held.

  • Bomb Threats In the event of a bomb threat, the worksite shall be evacuated until persons with appropriate expertise deem it to be safe. Employees shall not return to schools or other employment centers which have been evacuated due to bomb threats until clearance for such returns has been given by proper authorities. Employees shall not search for bombs.

  • Loss or Damage Lessee hereby assumes and shall bear the entire risk of any loss, theft, damage to, or destruction of, any unit of Equipment from any cause whatsoever from the time the Equipment is shipped to Lessee.

  • Threats Using service to transmit any material (by e-mail or otherwise) that illegally threatens or encourages bodily harm or destruction of property.

  • Explosion 4. Riot or civil commotion.

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