Ability to ensure Sample Clauses

The "Ability to ensure" clause establishes a party's right or obligation to guarantee that certain conditions or outcomes are met within the scope of an agreement. In practice, this may involve taking necessary actions, implementing safeguards, or exercising oversight to make sure that contractual requirements are fulfilled, such as ensuring compliance with laws or the delivery of specified goods or services. The core function of this clause is to provide assurance and accountability, reducing the risk of non-performance or oversight by explicitly assigning responsibility for achieving key objectives.
Ability to ensure the ongoing integrity of processing systems and services (Article 32 (1) (b) GDPR)
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Ability to ensure the ongoing confidentiality of processing systems and services (Article 32 (1) (b) GDPR)
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Related to Ability to ensure

  • Ability to Bear Risk The Purchaser represents and warrants that (i) the financial situation of the Purchaser is such that the Purchaser can afford to bear the economic risk of holding the Shares for an indefinite period and (ii) the Purchaser can afford to suffer the complete loss of the Purchaser's investment in the Shares.

  • Ability to Service The Servicer is an approved seller/servicer of conventional residential mortgage loans for ▇▇▇▇▇▇ ▇▇▇ or ▇▇▇▇▇▇▇ Mac, with the facilities, procedures and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans. The Servicer is in good standing to service mortgage loans for either ▇▇▇▇▇▇ Mae or ▇▇▇▇▇▇▇ Mac. The Servicer is a member in good standing of the MERS system;

  • Ability to Abandon CVR A Holder may at any time, at such Holder’s option, abandon all of such Holder’s remaining rights in a CVR by transferring such CVR to Parent without consideration therefor. Nothing in this Agreement is intended to prohibit Parent from offering to acquire CVRs for consideration in its sole discretion.

  • Ability to Bear Economic Risk Each Purchaser acknowledges that investment in the Securities involves a high degree of risk, and represents that it is able, without materially impairing its financial condition, to hold the Securities for an indefinite period of time and to suffer a complete loss of its investment.

  • Ability to Perform The Servicer does not believe, nor does it have any reason or cause to believe, that it cannot perform each and every covenant contained in this Agreement;