Risk Identification. Service Provider shall notify DIR of significant risk factors relating to the Transition Services and, at DIR’s request, shall design plans and contingencies to mitigate such risk.
Risk Identification. A strategic approach to risk management depends on identifying risks against key organisational objectives. Operating within this framework helps ensure a consistent approach across the organisation and enables a clear structure to be established. The mandate of Mintek is set out in the Mineral Technology Act (Act No. 30 of 1989), which is to serve the national interest through research, development and technology transfer, to promote mineral technology and to xxxxxx the establishment and expansion of industries in the field of minerals and products derived therefrom. The vision of Mintek is to be a global leader in mineral and metallurgical innovation. The mission of Mintek is to serve our stakeholders by adding value to the mineral sector through research, development and technology transfer, in support of national priorities and sustainable growth. In order to support the mission the Mintek Board will, from time to time, identify Strategic Objectives for the guidance of Management. These Strategic Objectives will be expanded further into Targeted Activities (TAs) to aid the identification of risks. The Strategic Objectives and TAs will be listed in the Risk Implementation Plan. Mintek will identify the risks relevant to these TAs, which forms the basis of Mintek’s Risk Implementation Plan (copy appended), and each risk is cross- referenced to one or more of these TAs.
Risk Identification. Each entity identifies and assesses risks at various organisational levels, analysing internal and external factors. Management and staff are involved in the process at the appropriate level.
Risk Identification the core team determines if there are undue risks for project completion, whether from outside or inside influences and identifies ways to mitigate those risks.
Risk Identification. Service Provider shall notify DIR of significant risk factors relating to the Termination Assistance Services and, at DIR’s request, shall design plans and contingencies to mitigate such risk.
Risk Identification. Vendor shall notify TXUED of significant risk factors relating to the transition of the Services and, at TXUED’s request, shall design plans and contingencies to mitigate such risk.
Risk Identification. The Employer undertakes to identify threats to staff safety and health, and to adopt staff protection measures. Following negotiations of risks with LU Chair, the Company staff shall be informed.
Risk Identification. The Employer undertakes to identify threats to staff safety and health, and to adopt staff protection measures. Following negotiations of risks with LUC, the Company staff will be informed.
Risk Identification. 12.1. Parties acknowledge the potential risk of events facing the Parties towards their obligation of provision of Services and any other obligations as stipulated herein this Agreement. Those identified as responsible for risk in this section, are indemnifying other Parties against losses arising from such risk. Where no risk is specified, the risk is described so that it is acknowledged by all Parties as being a risk inherent in undertaking the Services identified herein this Agreement.
12.1.1. Noncompliance with any of the Clauses stipulated herein, which is of the fault of the respective Party and that Party alone, and is not due to external factors;
12.1.2. Parties are respectively responsible for their own actions that result in fraud, breaking the law, and insolvency.
12.1.3. GDI will be responsible for Trustee noncompliance risk. This is the risk that includes, but is not limited to, Trustee failing to comply with disbursement reporting obligations or disbursing funds as directed in this contract and under Attachment 2; misuse of funds; fraud; breaking of laws; Trustee becoming insolvent; and mismanagement of funds;
12.1.4. Instiglio will be responsible for Project Manager noncompliance risk, which includes, but is not limited to, the risk that Instiglio does not disburse funds to GDI as agreed and stipulated in Attachment 2 herein.
12.2. External factors and force majeure, which may affect the obligations of the Parties include, but are not limited to:
12.2.1. Any cause materially affecting the performance of a party of its obligations under this Agreement arising from any act, event, omission, happening non-happening beyond its reasonable control including, without limitation, acts of God, strikes, lock- outs or other industrial disputes, war, riot, flood, or any natural disaster.
12.3. If risks not identified in this agreement threaten the timely and satisfactory progress of the Services under this Agreement, any affected party can follow the dispute resolution procedure outlined in Clause 18 of this agreement.
Risk Identification. 20.1 All parties acknowledge the potential risk of Events facing the Parties towards their obligation of provision of Services, the achievement of Outcomes, the completion of Outcome Payments, and any other obligations for the completion of the Project as stipulated herein this Agreement. Unless otherwise stipulated in this Agreement, those identified as responsible for risk in this section, are indemnifying other Parties against losses arising from such risk. Where no risk is specified, the risk is described so that it is acknowledged by all Parties as being a risk inherent in undertaking the Project
20.1.1 Noncompliance with any of the Clauses stipulated herein, which is of the fault of the respective Party and that Party alone, and is not due to external factors;
20.1.1.1 Service Provider will be responsible for Service Provider fraud, breaking the law, and insolvency.
20.1.1.2 The Trustee will be responsible for Trustee risk. This is the risk that includes, but is not limited to, Trustee failing to comply with grant obligations related to the VE DIB project, as stipulated in this contract or individual contracts with other parties, failing to disburse funds in a timely, or fraud, misuse of funds, or breaking of laws;
20.1.1.3 The Outcome Payers will be responsible for Evaluator risk outside of the due diligence and contracting. This risk includes, but is not limited to, the risk that the results verified by the Evaluator are not accurate, are done in error, or that the Evaluator fails to conduct all Evaluator measurements pursuant to the Outcomes Evaluation Agreement, as well as risk that the Evaluator goes bankrupt or is unable to perform its duties in a manner that unduly limits the Service Provider from fulfilling its obligations herein;
20.1.1.4 Outcome Payer noncompliance risk includes, but is not limited to, the risk that Outcome Payers do not disburse funds to the Trustee as agreed, preventing the Trustee from making outcome payments to the Service Provider in accordance with Clause 19 Payment Provisions above;
20.1.1.5 Outcome Payers will be responsible for Project Manager risks. The risk includes, but it not limited to, the risk that the Project Manager does not fulfil its role and provide stipulated services as outlined in Addendum 4 and detailed in the Grant and Services Agreement in such a manner so as to prevent or unduly limit the Service Provider in its ability to deliver its Services and fulfil its obligations herein
20.1.2 To the exten...
