Risk Mitigation. Transfer Agent shall use commercially reasonable efforts to manage, control and remediate any threats identified in the Risk Assessments that it believes are likely to result in material unauthorized access, copying, use, processing, disclosure, alteration, transfer, loss or destruction of Fund Data, consistent with the Objective, and commensurate with the sensitivity of the Fund Data and the complexity and scope of the activities of Transfer Agent pursuant to the Agreement.
Risk Mitigation. State Street shall use commercially reasonable efforts to manage, control and remediate any threats identified in the Risk Assessments that it believes are likely to result in material unauthorized access, copying, use, processing, disclosure, alteration, transfer, loss or destruction of Client Data, consistent with the Objective, and commensurate with the sensitivity of the Client Data and the complexity and scope of the activities of State Street pursuant to the Agreement.
Risk Mitigation. (a) To the extent not already in place, the Managing GP shall cause the Partnership to enter into a Covered Bond Swap Agreement at the time of issuance of each Series or Tranche of Covered Bonds and an Interest Rate Swap Transaction at the time of each transfer of Portfolio Assets to the Covered Bond Portfolio, in each case, the purpose or effect of which is to materially mitigate the Partnership’s risk of financial loss or exposure from fluctuations in interest rates or currency exchange rates affecting, or which may come to affect, its obligation to make one or more payments.
(b) Notwithstanding the foregoing, Covered Bond Swap Agreements entered into as required pursuant to Section 9.10(a) may be structured to allow for the postponement of cash flows thereunder until the Covered Bond Swap Effective Date.
Risk Mitigation. In order to reduce the risk of loss to which Bank is subject under this Part III, Bank may in its sole discretion establish such risk mitigation procedures as Bank deems reasonably necessary, including without limitation, requiring personal guaranties of Customer’s principals, prefunding of credit Entries, delayed availability of funds to Customer to cover returned debit Entries, and submission of balanced or unbalanced files (e.g., submission of a credit file for which Bank shall then create the offsetting debit file.)
Risk Mitigation. (1) To the extent not already in place, the Managing GP shall cause the Partnership to enter into a Covered Bond Swap Agreement at the time of issuance of each Series or Tranche of Covered Bonds and an Interest Rate Swap Transaction at the time of each transfer of Loans and their Related Security to the Portfolio, in each case, the purpose or effect of which is to materially mitigate the Partnership’s risk of financial loss or exposure from fluctuations in interest rates or currency exchange rates affecting, or which may come to affect, its obligation to make one or more payments, in accordance with Section 4.5 of the CMHC Guide.
(2) Notwithstanding the foregoing, Swap Agreements entered into as required pursuant to Section 9.9(a) may be structured to allow for the postponement of cash flows thereunder until the Covered Bond Swap Effective Date or the Interest Rate Swap Effective Date, as applicable.
Risk Mitigation. A. The Insurer will reduce the Insured Entity's retention for a Claim by 50%, up to $10,000, whichever is less, if the Insured Entity, involved in such Claim, demonstrates, to the Insurer’s reasonable satisfaction, the existence of the following four (4) conditions:
1. proof of legal review and sign-off of in-force employment practices policies and procedures for harassment, discrimination and employee grievance by outside counsel who specializes in employment practices law;
2. proof of distribution of employment practices policies and procedures on harassment, discrimination and employee grievance, to all employees;
3. proof that all directors, officers and managers of the Insured Entity have attended outside training and education programs on sexual harassment within the last 24 months prior to the filing of a Claim; and,
4. a copy of the Insured Entity's written policy on email or other electronic communications.
B. In the event that one Claim is eligible for both this Risk Mitigation Credit Section and the Mediation provision found in the General Terms and Conditions, Section XXI. DEFENSE/SETTLEMENT/MEDIATION/PRE-CLAIM ASSISTANCE Paragraph B.2 Mediation, then the Insured Entity shall receive only the benefit of one retention credit, but not both. In no way shall either section be construed to afford any more than a total of 50% or $10,000 credit toward any one retention for any one Claim.
Risk Mitigation. As an early activity of the Predevelopment Work, provide a draft risk management Plan, and then conduct facilitated risk workshops with MDOT to evaluate the potential risks to the Work and develop and prioritize potential methods of eliminating, minimizing, mitigating or managing these risks. Potential strategies may include:
(a) collecting additional MDOT, Governmental Entity and third party background materials;
(b) obtaining additional field data (surveys, borings, test holes, etc.);
(c) performing additional studies and engineering analyses (constructability reviews, alternative evaluations, mitigation studies, innovative design or construction techniques, etc.);
(d) developing portions of the design more completely than what may be only minimally required for a determination of price reasonableness to ensure a full understanding of all Work requirements;
(e) determining the required Limits of Disturbance ("LOD") and ROW needs for all Work, any ROW needed, and required Governmental Approvals for any additional LOD and ROW identified;
(f) commencing certain activities early (property acquisition, Utility Adjustments, etc.) subject to constraints including but not limited to NEPA constraints, right-of-entry to properties, permit conditions and Governmental Approvals;
(g) developing protocols, standard operating procedures, specifications, agreements, and any other mechanisms or processes required to ensure environmental compliance and mitigate the risk of the permit acquisition process;
(h) identifying Governmental Approvals and third party approvals with a potential to impact the schedule and collaborate with these parties on mitigative actions; and
(i) applying lessons learned from similar work performed for MDOT and from other similarly complex projects. Beyond the initial risk workshop, the identification, assessment, avoidance, minimization and mitigation of risk is a continuous activity and the responsibility of the Phase Developer throughout the Predevelopment Work with the goal of developing a Committed Section Proposal which effectively addresses all potential risks.
Risk Mitigation. Upon execution of the Development Supply Agreement, with input and advice from Regeneron, Kiniksa shall develop a risk mitigation plan and supply chain strategy intended to ensure continuous uninterrupted supply of Product. With input and advice from Regeneron, Kiniksa shall update such plan upon execution of the Commercial Supply Agreement, and from time-to-time as may be necessary during the Term. In addition, at all times during the Term, Regeneron will ensure that it maintains supplies of raw materials sufficient to Manufacture quantities of the Product in accordance with any firm order requirements of Kiniksa in the Supply Agreements.
Risk Mitigation. Careful review of medical screening data will be utilized to exclude potential subjects with pre-existing exclusionary medical conditions from the study. Study procedures have been developed to mitigate the risks of receiving MDMA described in detail in the IB. Ambient temperature will be kept at a comfortable level during experimental sessions. Subjects will not be allowed to drink more than 3L of fluids over the course of the experimental session, and fluid intake will be spread out appropriately during the session. Fluids administered will include electrolytes. If a subject exhibits any signs of toxicity or clinically significant dilutional hyponatremia despite these precautions after an experimental session, the subject will not receive an other experimental session unless it is approved by the PI and the Medical Monitor.
Risk Mitigation. Team SunPlus’ Risk Management Methodology is a process of continuous risk identification, analysis, planning, tracking, and risk control. Our Risk management focuses on identifying risks that may potentially interfere with the successful completion of the project. The objective is to proactively identify and mitigate any risks before they become issues and problems on the project. Risk management will illuminate and identify the threats to the project as early as possible, allowing for a successful outcome. Risk management will improve the probability of the project’s success by anticipating potential adverse factors, increasing stakeholder representation, and improving the ability to manage and deliver effective solutions. The Team will develop a detailed Risk Management Plan, including a Risk/Mitigation Matrix during initial project planning and incorporate it as a component of the final Project Management Plan. Incorporated into this Plan will be a documented Change Control Process and Procedures for maintaining the integrity of project deliverables, scope, milestones and schedule. The PM will lead the Risk Assessment and Mitigating Process. Risk mitigation plans will identify costs, required resources, the schedule, technical concerns, and an action plan. The action plan will be monitored and each action item will be assigned and tracked to closure. The PM will maintain, and update the ‘Top 10’ Contract Risks List and monitor the individual risks for signs of adverse events. Specifically, he will evaluate each risk item on an ongoing basis as the contract work effort progresses, assess the probability and impact for each risk item, and modify the risk probability as required. As a part of our contingency plan, SunPlus recruiting team will designate at least 1 backups for each position. So, in the event of a project team member being unavailable for some reason, the backup staff will immediately take over thereby ensuring continuity of business operations and mitigating the State’s risk.
