Development of Systems Clause Samples

Development of Systems. (i) Any party proposing to alter the systems used for the provision of banking, delivery, trade reporting or clearing processing services or other information pursuant to the Clearing Agreement shall consult with the other prior to doing so. (ii) The parties shall negotiate in good faith with a view to concluding by 30 June 1997 a separate agreement concerning the use of trade reporting and clearing processing systems by each party in relation to the Clearing Agreement. (iii) The Exchange acknowledges and agrees that it will continue to provide to LCH the clearing processing systems and related communication facilities (“System”) and to maintain and operate the Systems in the manner in which the Systems are currently provided, maintained and operated by or on behalf of the Exchange, save insofar as the Exchange or LCH may otherwise agree.
Development of Systems 

Related to Development of Systems

  • DEVELOPMENT OR ASSISTANCE IN DEVELOPMENT OF SPECIFICATIONS REQUIREMENTS/ STATEMENTS OF WORK

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement. a. Develop a Work Breakdown Structure (WBS) for each project. b. Evaluate Scope Statement to develop a preliminary cost estimate and determinate whether project be vendor bid or be executed under a Job Order Contract (JOC).

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in ▇▇▇▇▇, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Procurement of Small Works Works estimated to cost less than $30,000 equivalent per contract, up to an aggregate amount not to exceed $500,000 equivalent, may be procured under lump-sum, fixed-price contracts awarded on the basis of quotations obtained from three (3) qualified domestic contractors in response to a written invitation. The invitation shall include a detailed description of the works, including basic specifications, the required completion date, a basic form of agreement acceptable to the Bank, and relevant drawings, where applicable. The award shall be made to the contractor who offers the lowest price quotation for the required work, and who has the experience and resources to complete the contract successfully. Part D: Review by the Bank of Procurement Decisions

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.