Common use of Risk Reduction Meetings Clause in Contracts

Risk Reduction Meetings. Either Party may instruct the other Party to attend a risk reduction meeting at which appropriate personnel of each Party and, to the extent practicable, the Representatives of each Party, shall be present, in order for those who attend to co-operate with respect to any of following matters: (a) making and considering proposals for how the effect of the risks registered with the Risk Register or identified at any stage can be avoided or reduced; (b) deciding on the course of action which will be taken and which Party, in accordance with this Agreement, will take the relevant course of action; and (c) deciding which risks have now been avoided or have passed and can be removed from the list of identified risks or from the Risk Register or another register in any form/document as decided by the Principal.

Risk Reduction Meetings. Either Party may instruct the other Party to attend a risk reduction meeting at which appropriate personnel of each Party and, to the extent practicable, the Representatives of each Party, shall be present, in order for those who attend to co-operate with respect to any of following matters: (a) making and considering proposals for how the effect of the risks registered with the Risk Register or identified at any stage can be avoided or reduced; (b) deciding on the course of action which will be taken and which Party, in accordance with this Agreement, will take the relevant course of action; and (c) deciding which risks have now been avoided or have passed and can be removed from the list of identified risks or from the Risk Register or another register in any form/document as decided by the PrincipalRegister.

Risk Reduction Meetings. Either Party may instruct the other Party to attend a risk reduction meeting at which appropriate personnel of each Party and, to the extent practicable, the Representatives of each Party, shall be present, in order for those who attend to co-operate with respect to any of following matters: (a) making and considering proposals for how the effect of the risks registered with registeredwith the Risk Register or identified at any stage can be avoided or reduced; (b) deciding on the course of action which will be taken and which Party, in accordance with this Agreement, will take the relevant course of action; and (c) deciding which risks have now been avoided or have passed and can be removed from the list of identified risks or from the Risk Register or another register in any form/document as decided by the PrincipalRegister.

Risk Reduction Meetings. Either Party may instruct the other Party to attend a risk reduction meeting at which appropriate personnel of each Party and, to the extent practicable, the Representatives Represnetatives of each Party, shall be present, in order for those who attend to co-operate with respect to any of following matters: (a) making and considering proposals for how the effect of the risks registered with the Risk Register or identified at any stage can be avoided or reduced; (b) deciding on the course of action which will be taken and which Party, in accordance with this Agreement, will take the relevant course of action; and (c) deciding which risks have now been avoided or have passed and can be removed from the list of identified risks or from the Risk Register or another register in any form/document as decided by the PrincipalRegister.