Risk and LCA Sample Clauses

Risk and LCA. Usage of the term ‘risk minimization’ in the context of LCA suggests that LCA can be used for the assessment of risks. It may even suggest that LCA might be a special form of risk assessment. To a certain extent, this can perhaps be justified. Yet, it should be kept in mind that the risks, assessed with LCA, differ in nature from the risks that are usually assessed with (other forms of) risk assessment (Xxx xx Xxxx and Xxxxx 1998). This difference is caused by the nature of the func- tional unit. An important quality of emissions, caused by the life cycle of a product, is the fact that they are delimited in terms of time: they are only emitted during the time that they support the production or use of one functional unit – not a continuous pro- duction or use process. Consequently, their contribution to environmental concen- trations – and therewith to environmental risks – is also delimited in terms of time (Heijungs and Guinée 1994). And even during this delimited time period, a func- tional unit will seldom be responsible for any environmental risk in its full extent. In the first place, many risks are caused by a number of different processes to- gether. In the second place, many processes in a life cycle will not exist exclusively for the performance of the function, represented by the functional unit. Processes like electricity production support a great many product functions simultaneously. It is not easy to describe the direct relationships between the environmental risks, associated with such processes, and the functions supported. As a consequence, the category indicator results in LCA are inevitably rather abstract figures, that cannot be translated directly to easily imaginable or directly measurable environ- mental risks (Figure 2.1). Risk in LCA will always remain a rather abstract concept.
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Related to Risk and LCA

  • Risk and Liability 16.1 When receiving the Products at the Take Over Point, the Contractor shall ensure that any and all damage or discrepancies observed are noted and notify ArcelorMittal immediately, but not later than within 6 (six) hours of the Contractor becoming aware of any such damages or discrepancies. The Contractor undertakes not to handle any damaged Products until ArcelorMittal has inspected such damaged Products. ArcelorMittal shall carry out such inspection when it deems it to be necessary.

  • Risk and Ownership C14.1 Subject to clause C13 above, risk in the Goods shall, without prejudice to any other rights or remedies of the Authority (including the Authority’s rights and remedies under clause C16 below) pass to the Authority when delivery is completed to the Authority’s reasonable satisfaction.

  • Risk Warning 7.1. The Client unreservedly accepts, acknowledges and understands that CFDs trading: • is highly speculative; • carry a high level of financial risk, as they are subject to excessive price fluctuations which may cause substantial losses; • in the case of CFDs with underlying asset a virtual currency, there might be sudden changes in prices of certain instruments. This can happen during economic events or market announcements or geopolitical events, news, or even due to adverse media or fake news. Gaps can occur when markets open or close or even during normal trading hours. If the market is closed when these factors occur, the opening price of the underlying asset can be substantially different from the closing price, giving you no opportunity to close your trade in-between. Pricing gaps can result in losses. Therefore, CFDs on virtual currencies may be subject to large price fluctuations and in some instances, due to the early stages of their lifecycle, they may lose entire value. • the losses may include all of the Client’s investment and also any additional commissions and other expenses; • is only suitable for persons who are able to cope with the associated risks by bearing the financial losses; • the Company does not guarantee the capital of the Client’s Account or its value at any time or any money invested in any Financial Instrument;

  • RISK AND PROPERTY 7.1 Risk of damage to or loss of the Goods shall pass to the Buyer:

  • RISK AND TITLE (a) Risk of damage to or loss of Products will pass to Customer (i) upon delivery by Signify to Customer in accordance with the applicable INCOTERM; or (ii) in the event that Signify Installs Products on-site, unless agreed otherwise, upon delivery on-site.

  • High Risk Use Npcap is not designed, manufactured, or intended for use in hazardous environments requiring fail-safe performance where the failure of the software could lead directly to death, personal injury, or significant physical or environmental damage (“High Risk Activities”). Use of Npcap in High Risk Activities is not authorized.

  • Funding Disclaimers and Labeling A. Grantee shall not use System Agency’s name or refer to System Agency directly or indirectly in any media appearance, public service announcement, or disclosure relating to this Grant Agreement including any promotional material without first obtaining written consent from System Agency. The foregoing prohibition includes, without limitation, the placement of banners, pop-up ads, or other advertisements promoting Grantee’s or a third party’s products, services, workshops, trainings, or other commercial offerings on any website portal or internet-based service or software application hosted or managed by Grantee. This does not limit the Grantee’s responsibility to comply with obligations related to the Texas Public Information Act or Texas Open Meetings Act.

  • Risk and Insurance 12.1 All risk of loss, theft and damage of and to the Charged Assets from any cause whatsoever shall be the risk of the Borrower, and no such event shall relieve the Borrower of any obligation under a Drawdown Notice.

  • LIABILITY AND RISK OF LOSS A. Each Party hereby waives any claim against the other Party, employees of the other Party, the other Party's Related Entities (including but not limited to contractors and subcontractors at any tier, grantees, investigators, customers, users, and their contractors or subcontractor at any tier), or employees of the other Party's Related Entities for any injury to, or death of, the waiving Party's employees or the employees of its Related Entities, or for damage to, or loss of, the waiving Party's property or the property of its Related Entities arising from or related to activities conducted under this Agreement, whether such injury, death, damage, or loss arises through negligence or otherwise, except in the case of willful misconduct.

  • Reporting and liaison 13.1 The Grantee agrees to provide the Reporting Material specified in the Grant Details to the Commonwealth.

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