Reportable incident Sample Clauses
A Reportable Incident clause defines the obligation of a party to notify the other party when certain specified incidents or events occur that may impact the agreement or trigger legal or regulatory requirements. Typically, this clause outlines what types of incidents must be reported—such as data breaches, safety violations, or regulatory non-compliance—and sets out the timeframe and method for notification. By establishing clear reporting requirements, the clause ensures prompt communication and enables both parties to respond appropriately, thereby managing risk and maintaining compliance with applicable laws or contractual standards.
Reportable incident. Have there been special events or incidents concerning the project that must be reported to the FFG, e.g.
Reportable incident. A safety or security incident occurring on transit property or otherwise affecting revenue service that results in one or more of the following conditions:
i) A fatality confirmed within 30 days of the incident;
ii) An injury requiring immediate medical attention away from the scene for one or more persons;
iii) Property damage equal to or exceeding $25,000;
iv) An evacuation for life safety reasons; or
v) A mainline derailment.