Examples of Risk Provisions in a sentence
If there is a Change in Access Undertaking at any time which changes the Interface Risk Provisions, then this clause 3.2 applies.
If the Receiving Party does not accept the drafting of the amendments to the terms of this Deed, then the Parties must promptly meet to negotiate and attempt to agree the changes to the terms of this Deed (if any) which are necessary as a consequence of, or to give full effect to, the replacement of the Former Interface Risk Provisions with the New Interface Risk Provisions under this clause 3.2.
The Operator must develop, implement and maintain a plan to address Environmental Risks ( Environmental Management Plan) in accordance with the Interface Risk Provisions which form part of this Deed under clause 3.
Except as expressly provided otherwise in clause 32.6(c) or the Interface Risk Provisions which form part of this Deed under clause 3, neither Party is liable to the other under or in connection with this Deed (including under an indemnity) for any Consequential Loss however caused (including any breach of this Deed or negligent act or omission of a Party).
Subject to clause 3.2, the Interface Risk Provisions (as in force as at the Commencement Date) form part of this Deed as if they were set out in full under this Deed.
The Credit Risk Provisions Forum (CRPF) reviews and approves our SICR thresholds periodically.
Program Services The Provider shall ensure the provision of program services is consistent with the Provider’s current Service Provider Application, as updated and approved by the Agency, and the current DOEA Programs and Services Handbook.
Is it okay to use the CCDC 5B without seeking indemnity approval from HCPP?If you use CCDC 5B Risk Provisions without first obtaining HCPP approval, your organization may not be eligible for extra financial support from the Province if there is a major loss on the project that triggers the indemnity.
Are Supplementary Conditions and Risk Provisions the same document?No. RMB has made available insurance, contract security and indemnification clauses (Risk Provisions) to be inserted into Supplementary Conditions for various CCDC documents.
Where can I find the RMB approved Risk Provisions for the various CCDC contracts?They are available on the HCPP website www.hcpp.org under the Construction Tab/CCDC Risk Provisions dropdown.