Concentration of Risk Sample Clauses

The Concentration of Risk clause is designed to limit the amount of risk exposure that one party assumes under a contract, often by capping the total liability or exposure to certain types of losses. In practice, this clause may set maximum thresholds for claims arising from specific events or aggregate losses over a defined period, ensuring that no single event or series of events can result in disproportionate financial impact. Its core function is to prevent excessive accumulation of risk, thereby protecting parties from potentially catastrophic losses and promoting balanced risk allocation.
Concentration of Risk. In order to avoid a concentration of the risks associated with participating its extensions of credit to Dealers, each Seller may create Participation Interests in its receivables to be sold or contributed to the Buyer in the same manner and using the same standards as such Seller does in creating participation interests in receivables to be retained by such Seller.
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Concentration of Risk. (a) The Borrower will not amend or otherwise alter the provisions of paragraph 1 under the heading "Investment Restrictions" appearing on page 25 of the Borrower's prospectus dated March 4, 1991, (the "Investment Restriction Paragraph") without the consent of the Bank, which consent will not be unreasonably withheld. (b) The Borrower will not permit the aggregate amount of its Total Assets invested in any one Person (for purposes of this Section 6.6(b), "Person" shall not include any bank or financial institution from whom assets are purchased by the Borrower) to exceed 5% of the Borrower's Total Assets.
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Concentration of Risk. The Company through a partnership investment and subsequent acquisition of the entire interest, was the successful bidder for an FCC Franchise License for Wireless Communications. In order for this franchise license to be profitable, a substantial sum of capital will be required before any return on investment is realized. Start up costs will be substantial before any revenue is received. Management has estimated the time frame for realization of revenue to be up to two years from the acquisition of the franchise license. The Company has applications pending for patents which operate in conjunction with various types of digital communications systems and system technologies. The number of patent claims which will ultimately be granted is not known and it is not possible to place a value on the patent applications. The patens deal with systems and technologies that reduce the overall cost of consolidating and delivering data, including such things as electrical and gas meter information, security services, and vending replenishment information. The technology will be first deployed on the Company's Personal Communications Systems in Basic Trading Area 411. Upon successful deployment, the Company will license the use of the technology and equipment to other digital communications providers thoughout the world. Following is an analysis of changes in property, plant and equipment and accumulated depreciation for the years ended December 31, 1996 and 1995: Beginning Ending Balance Additions Deletions Balance 1996 Land $ 2000 $ - $ - $ 2,000 Buildings and improvements 11,549 - - 11,549 Office equipment 34,601 2,550 - 37,151 Communications equipment 648,818 7,491 11,940 644,369 Vehicles 28,497 9,800 6,150 32,147 ----------- ----------- ----------- ----------- Total $ 725,465 $ 19,841 $ 18,090 $ 727,216 Accumulated depreciation 595,776 36,305 12,651 619,430 ----------- ----------- ----------- ----------- Net total $ 129,689 $( 16,464) $( 5,439) $ 107,786 =========== =========== =========== =========== NOTE 3 - PROPERTY, PLANT AND EQUIPMENT AND ACCUMULATED DEPRECIATION (CONTINUED) Beginning Ending Balance Additions Deletions Balance 1995 Land ............... $ 2000 $ -- $ -- $ 2,000 Buildings and improvements ..... 11,549 -- -- 11,549 Office equipment ... 28,333 6,268 -- 34,601 Communications equipment ........ 596,445 52,373 -- 648,818 Vehicles ........... 18,135 10,362 -- 28,497 ------------ ------------ ------------ ------------
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Concentration of Risk. Amounts on deposit at a single financial institution occasionally exceed the $100,000 federally insured limit. As of February 28, 1998, the amounts on deposit exceeded the insured limit by $29,514.
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Concentration of Risk. The Company’s lending activities are concentrated in loans secured by real estate located in Westchester County, New York and surrounding areas.
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Related to Concentration of Risk

  • Allocation of Risk Licensee acknowledges and agrees that each provision of this Agreement that provides for a disclaimer of warranties or an exclusion or limitation of damages represents an express allocation of risk, and is part of the consideration of this Agreement.

  • Evaluation of Risks The Investor has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

  • WAIVER OF LIABILITY, ASSUMPTION OF RISK, AND INDEMNITY AGREEMENT I, , IN CONSIDERATION of being permitted to participate in any way in the Rocky Mountain Cycling Club 360 km brevet calendared for July 13, 2024 (“Activity”), I hereby acknowledge, agree, attest and represent the following:

  • EXPRESS ASSUMPTION OF RISK UNDERSIGNED hereby acknowledges and understands that the World Health Organization has declared COVID-19 a worldwide pandemic. COVID-19 is extremely contagious and spreads mainly from person-to-person contact. Based on currently available information and clinical expertise, older adults and people of any age who have serious underlying medical conditions may have a higher risk for severe illness from COVID-19. There have been recommended guidelines and preventative measures put in place to reduce the spread of COVID-19; however, it CANNOT GUARANTEE that UNDERSIGNED will not become exposed to or infected with COVID-19, despite reasonable efforts to mitigate such dangers. Furthermore, the Activities could increase UNDERSIGNED’s risk of contracting COVID-19. By signing this Agreement, UNDERSIGNED acknowledges the extremely contagious nature of COVID-19 and voluntarily assumes the risk that UNDERSIGNED may be exposed to or infected with COVID-19 from the Activities, and that such exposure or infection may involve the RISK OF SERIOUS INJURY, ILLNESS, PERMANENT DISABILITY AND/OR DEATH. UNDERSIGNED understands that the risk of becoming exposed to or infected with COVID-19 by UNDERSIGNED’s participation in the Activities may result from the actions, omissions, or negligence of others and/or UNDERSIGNED, including, but not limited to, the RELEASEES (as defined below). UNDERSIGNED hereby expressly assumes all such risks and dangers whether presently known or unknown.

  • Acknowledgement of Risks Client hereby acknowledges, that: (i) Digital Assets are not legal tender, are not backed by any government, and are not subject to protections afforded by the Federal Deposit Insurance Corporation or Securities Investor Protection Corporation; (ii) Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and/or value of Digital Assets; (iii) transactions in Digital Assets are irreversible, and, accordingly, Digital Assets lost due to fraudulent or accidental transactions may not be recoverable; (iv) certain Digital Assets transactions will be deemed to be made when recorded on a public blockchain ledger, which is not necessarily the date or time that Client initiates the transaction or such transaction enters the pool; (v) the value of Digital Assets may be derived from the continued willingness of market participants to exchange any government issued currency (“Fiat Currency”) for Digital Assets, which may result in the permanent and total loss of value of a Digital Asset should the market for that Digital Asset disappear; (vi) the volatility of the value of Digital Assets relative to Fiat Currency may result in significant losses; (vii) Digital Assets may be susceptible to an increased risk of fraud or cyber-attack; (viii) the nature of Digital Assets means that any technological difficulties experienced by a Coinbase Entity may prevent the access or use of Client Digital Assets; and (ix) any bond or trust account maintained by Coinbase Entities for the benefit of its customers may not be sufficient to cover all losses (including Losses) incurred by customers.