Evolution Clause Samples

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Evolution. The parameters which determine evolution of the factoring commission rates are renowned for being set in constant Euros. They will thereby be revalued on the 1st of January and the 1st of July of each year in accordance with evolution of the Consumer Price Index (CPI), Services heading (Identifier: 4009E). The references and revision index will be respectively the last index published on date of signing of the contract and the last index published before each revision, In either of the following cases; · Modification affecting the composition and/or definition of the CPI index or of the rate in which the special financing commission is set out below. · Disappearance of this index or of the rate and substitution of a rate or index of the same type or equivalent, modification affecting the body publishing it or the modalities of publication, following in particular passage to the single European currency, the index or rate issued from this modification of this substitution will apply by operation of law.
Evolution. The participants in implementing this appendix agree that the SSLMP must evolve with changing scientific knowledge to allow for better definition of the monitoring elements, issues and client expectations.
Evolution. The parties anticipate that the Program (including the features of the Program and the systems and technologies used by both parties in the Program) will evolve over time to keep pace with technological advancements and improvements in the methods of delivering data, receiving data, processing data, generating output, marketing innovations, and performing other Services in connection with the Program. Subject to the provisions of this Section 3.2, the parties agree to cooperate with each other in taking advantage of such technological advancements and other improvements to maintain and improve the effectiveness and competitiveness of the Program.
Evolution. The Parties acknowledge that e-commerce, the Internet and associated technologies and ways of doing business are evolving rapidly, and as a result, that the form and content of this Agreement as of the Effective Date, may not be optimally suited to either the relationship of the Parties or prevailing conditions throughout the entire Term of the Agreement. Accordingly, the Parties agree to confer and discuss in good faith either Party's reasonably perceived need to modify this Agreement in order: (a) to adjust to prevailing or anticipated conditions, (b) to provide a more positive customer experience on the ▇▇▇.▇▇▇ Site; (c) to maximize customers and revenues from or through the ▇▇▇.▇▇▇ Site; or (d) to maximize return on investment to all Parties. Notwithstanding the foregoing, no modification to this Agreement shall be effective except pursuant to Section 19.9 hereof. (***************) SIGNATURES APPEAR FOLLOWING PAGE
Evolution. DataDome may develop the Software Solution and related Services, including by adding or adjusting functionalities without incurring additional liability, which is agreed by the Client. It is nonetheless understood that DataDome will take care to avoid such addition or modification having negative impact on the functionalities and performance of the Software Solution.
Evolution. The product will evolve in capacity, national standards, and frequency bands. The evolutionary steps are: The CSC release 1 is [***] channel [***]QAM for [***] MHz (ETSI) and [***] MHz (FCC) channel spacing. Release 2 is [***] channel, [***] QAM [***] MHz (ETSI) and [***] MHz (FCC). The CSC is changed to a rack mounted [***]. The CRU and TS release 1 are [***] GHz band. Future release is for [***] GHz channel and US bands (TBD). The CMU is a [***] [***] Pizza box, [***] QAM. It will evolve to a Dual [***] QAM modem BMU card, and a SMU card (dual [***]) in release 2. [***] CONFIDENTIAL TREATMENT REQUESTED NETR▇/▇▇▇LTEL WORK SPLIT 1. Italtel is prime on NMS integration, with Netr▇ ▇▇▇viding technical support, HW and SW specifications, in order to integrate the interface cards in the system. 2. Netr▇ ▇▇ prime on SS/SRU and BMU/SAS specified modifications and integration with Italtel providing technical support. 3. Italtel is prime on all external additional hardware related to power and any functionality required to provide redundancy. Netr▇ ▇▇▇l provide technical support. NOTES: 1. Both companies will cooperate on product specifications 2. Netr▇ ▇▇▇l develop product documentation 3. Both companies will cooperate on system integration and qualification/test activities
Evolution. The rule has been substantially modified so that today a non-competition agreement will be enforced if a) It is supported by consideration, b) It is ancillary to a lawful arrangement such as an employment contract, and c) It is reasonable under multifaceted tests fashioned by the courts. Therefore, both parties must gain something from the agreement limiting competition and it must be linked to another Agreement like an employment contract. Key Principles Explaining What is “Reasonable”:
Evolution. Step 12. For subsequent versions of the deliverable, the person in charge and the two deliverable reviewers will be kept unless causes of force majeure. Steps 5 to 11 will be repeated for each such version. Note 4: for deliverables produced by tasks started before the writing of this annex, Steps 1 to 4 redefined initial date by 1 month after Tuleap is ready.
Evolution. In 2015 crowdfunding in Belgium was not yet as developed as it is today and has made big improvements since (Bolero, 2023b). Things that have prevented crowdfunding to grow in the past were the complex regulations and banks that were too conservative (Bloovi, 2021). Consequently, there is still a long way to go for Belgium’s crowdfunding market to become a significant alternative to other funding sources. Belgium raised approximately 12 million euros in 2016, while for the Netherlands and France, it was respectively, 170 million and 120 million euros (▇▇▇▇▇▇▇ et al., 2018). With its limited volumes, rigid laws, few platforms of Belgian origin, and lack of active involvement of banks and assurers in crowdfunding for its clients… it is thus clear that Belgium is not the ultimate crowdfunding country in the EU (Coeckelbergh, 2021). Nevertheless, there has been a positive evolution in Belgium’s crowdfunding sector. In 2019 the amount of financial crowdfunding projects and their volumes raised doubled compared to 2018. 142 companies raised a total of 41.5 million euros. During the period of July 2018 and June 2020, 234 information notes were filled with the FSMA, with a total of 69.24 million euros. This is considerably more than during the period from 2012 up until 2017 when only 40.2 million euro was collected (Coeckelbergh, 2021; FSMA, 2018). Furthermore, Belgian crowdfunding platforms have been performing better. Look&Fin, a European platform, doubled the amounts raised in 2021 compared to 2020 in Belgium. A growth between 100 and 150% was also perceived for other popular crowdfunding platforms such as Beebonds, Bolero Crowdfunding, Winwinner and Ecco Nova (Deceunynck, 2022). The Authority for Financial Services and Markets (FSMA, 2018) researched data from a survey based on five major platforms active in the Belgian crowdfunding landscape: ▇▇▇▇.▇▇, Bolero, Spreds, Look&Fin, and Ecco Nova. This data revealed that over the years 2012-2017, there have been more successful crowdfunding campaigns in Belgium, the number growing each year (see graph below). Additionally, the amounts raised from these projects have also grown, from 2016 to 2017 there has been an increase of 69%. Number of successfull campaigns 100 92 80 60 53 56 40 21 20 3 7 0 2012 2013 2014 2015 2016 2017