Risk Management and Contingencies Sample Clauses

Risk Management and Contingencies. This section identifies the major risks that have a potential to threaten the successful implementation of the Management Plan or the associated on ground outcomes, the likelihood of such an event occurring (High, Medium and Low) and steps that will be taken to mitigate or address these risks. Risk Likelihood Mitigating measures or contingency
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Risk Management and Contingencies. This section identifies the major risks that have a potential to threaten the successful implementation of the Management Plan or the associated on ground outcomes, the likelihood of such an event occurring (High, Medium and Low) and steps that will be taken to mitigate or address these risks. Risk Likelihood Mitigating measures or contingency Revegetation failure Moderate Planting will be conducted early in the season to take advantage of the winter rainfall. Watering via water truck will be available in the event of a dry year. Supplementary planting will be conducted to account for any significant losses. Stock accessing site Moderate Due to the shallow soils, rocky and undulating ground and numerous creeks in the northern portion of the property, fence maintenance is difficult and subject to damage and stock intrusion. Inspections of the fence will be undertaken by foot biannually and after any detection of stock or evidence of the presence within the SEB area.
Sample 1
Risk Management and Contingencies. This section identifies the major risks that have a potential to threaten the successful implementation of the Management Plan or the associated on ground outcomes, the likelihood of such an event occurring (High, Medium and Low) and steps that will be taken to mitigate or address these risks. Risk Likelihood Mitigating measures or contingency Bushfire Low Ensure site is protected from the impacts of fire by maintaining existing protection measures for the property. Establishment of a new weed Medium Ensure regular monitoring and surveillance of the site for new and emerging weeds. The likely areas to be invaded are around the edges and adjacent vehicle tracks. Rainfall events can also result in the germination of existing weed seeds in the soil profile. Regular surveillance and prompt control is required. Damage by new pest (deer or rabbit) Low Ensure regular monitoring of vegetation and observation of astute grazing and browsing damage by new pests such as Deer and Rabbits. Control as required. Accidental clearance Low Install signage to alert staff, contractors and visitors of site conservation significance.
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Related to Risk Management and Contingencies

  • Management and Operations of the Borrower Section 4.01. The Borrower shall carry on its operations and conduct its affairs in accordance with sound administrative, financial, engineering and public utility practices under the supervision of qualified and experienced management assisted by competent staff in adequate numbers.

  • Management and Operations 15.1 The Operator shall prepare an annual work programme and budget for each Calendar Year during the term of this Agreement. Each such work programme and budget shall set out in reasonable details, the work to be carried out, facilities to be purchased or created, training and employment programme, establishment, salaries and wages, social welfare schemes to be undertaken, and an estimate of the Expenditure to be incurred. The Operator shall present such work programme and budget to the Government and the Working Interest Owners before the start of each Calendar Year and thereafter provide a quarterly update on the implementation of such work programme and budget.

  • Management and Control Systems Grantee will:

  • MANAGEMENT OF EVALUATION OUTCOMES 12.1 The evaluation of the Employee’s performance will form the basis for rewarding outstanding performance or correcting unacceptable performance.

  • Patch Management All workstations, laptops and other systems that process and/or 20 store PHI COUNTY discloses to CONTRACTOR or CONTRACTOR creates, receives, maintains, or 21 transmits on behalf of COUNTY must have critical security patches applied, with system reboot if 22 necessary. There must be a documented patch management process which determines installation 23 timeframe based on risk assessment and vendor recommendations. At a maximum, all applicable 24 patches must be installed within thirty (30) calendar or business days of vendor release. Applications 25 and systems that cannot be patched due to operational reasons must have compensatory controls 26 implemented to minimize risk, where possible.

  • FUNDING CONTINGENCY If Congress makes any change in law that will affect the amount of funds authorized to be paid under this Agreement, the affected provisions in this Agreement will be automatically revised to reflect such change in funding. Under no circumstance may a payment be made under this Agreement that is in excess of the amount authorized by law at the time such amount may be owed.

  • STANDARDS OF MANAGEMENT AND OPERATIONS In performing its obligations hereunder, during the term of this ESA, the Competitive Supplier shall exercise reasonable care to assure that its facilities are prudently and efficiently managed; that it employs an adequate number of competently trained and experienced personnel to carry out its responsibilities; that it delivers or arranges to deliver a safe and reliable supply of such amounts of electricity to the Point of Delivery as are required under this ESA; that it complies with all relevant industry standards and practices for the supply of electricity to Participating Consumers; and that, at all times with respect to Participating Consumers, it exercises good practice for a Competitive Supplier and employs Commercially Reasonable skills, systems and methods available to it.

  • FINANCING CONTINGENCY The Buyer’s obligations herein are contingent on the Buyer’s obtaining financing to pay the balance on the Purchase Price. The Buyer must present to the Seller a binding commitment for financing the purchase of the Property within days from the Effective date. The terms of the financing must be acceptable to and approved by the Buyer who shall not unreasonably withhold such approval. In the event that the Buyer fails to obtain financing within the time allotted, this Agreement shall automatically terminated and all funds paid by the Buyer shall be returned to the Buyer after deducting all reasonable costs incurred by the Seller in good faith in relation this Agreement.

  • Management and Financial Controls At all times, the School shall maintain appropriate governance and management procedures and financial controls which shall include, but not be limited to: (a) budgets, (b) accounting policies and procedures, (c) payroll procedures,

  • FINANCIAL MANAGEMENT AND OVERSIGHT Measure 2a Is the school meeting financial reporting and compliance requirements?

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