General Situation Clause Samples

The "General Situation" clause serves to provide an overview or context for the agreement or transaction at hand. It typically outlines the background, relevant circumstances, or the general environment in which the contract is being formed, such as the parties' intentions, the nature of their relationship, or key facts leading up to the agreement. By establishing this context, the clause helps clarify the basis for the contract and can assist in interpreting the parties' obligations, reducing ambiguity and potential disputes about the contract's purpose or scope.
General Situation. San Diego County (SDC) includes approximate ninety miles of international land border and the responsibility of the San Diego Sector includes the 840 miles of coastal border of the State of California, including beaches and bays. SDC has an effective level of security that is commensurate with known and identified risks associated with criminal organizations. The incidence of border violence associated with competing drug cartels in the Tijuana/Tecate areas has continued and still has great potential to spread into the United States. Frequent assaults against Border Patrol Agents are a common diversionary tactic utilized by smuggling organizations to further their criminal activity. During a particularly volatile situation on July 23, 2009, Border Patrol Agent ▇▇▇▇▇▇ ▇▇▇▇▇ was murdered in close proximity to the border fence while responding to alien traffic in the Campo Station AOR. As security of the border is established and/or expanded within key target zones, criminal organizations resort to increasingly elaborate smuggling methods such as sophisticated cross-border tunnels, watercraft in the maritime environment, and ultra-light aircraft. JTF-W (California), the San Diego Sector’s FY 2018 enforcement strategy, will address specific threats posed by such organizations and aggressively integrate OPSG assets to reduce violent crime along the border, increase border security, and improve the quality of life within affected communities throughout the San Diego Sector operational AOR. As the Maritime threat continues to increase in San Diego Sector's AOR, it has been necessary to provide additional funding and support along the coast to address emerging maritime Panga smuggling events approximately 489 miles north in Monterey, Santa ▇▇▇▇ and San Mateo counties. Since its inception, the intent of OPSG has been to enhance law enforcement preparedness and operational readiness along the nation’s borders. The Department of Homeland Security Appropriations ▇▇▇ ▇▇▇▇ (PL 111-83), via the Homeland Security Grant Program, allocated $85 million in FY2018 for use by local units of government to increase coordination and enforcement capabilities in support of Department of Homeland Security (DHS) goals including those outlined in the Border Patrol National Strategy. The San Diego Sector has been awarded $8,600,000 in FY2018 OPSG Homeland Security Grant funds.
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General Situation. Eligible to receive Michigan Public School Employees' Retirement benefits upon termination of employment with Garden City Schools.
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General Situation. The situation surrounding PPAs in Japan has been rather different from the case of Germany. In short, PPAs have not been widely employed as much as Germany. A primary reason of this difference is the generous FIT prices given for solar PV so that until very recently, the FIT scheme was too attractive for renewable electricity producers to consider PPAs. Before 2018, FIT was applied to all of solar PV projects of less than 2 MW4 which currently occupy 98% of the total number and 46% of the total capacity of solar PV projects implemented in the country, with FIT prices of JPY 18 (USD 0.16)/kWh for 2018, JPY 21 (USD 0.19)/kWh for 2017 and JPY 24 (USD 0.22)/kWh for 2016. The FIT prices were set at a more inflated level for residential solar PV projects of less than 10 kW and were JPY 26 (USD 0.24)/kWh for 2018, JPY 28 (USD 4 Before 2017, even this threshold did not exist i.e. FIT could be applicable to any of solar PV projects including more than 2 MW.
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General Situation. Prices shall be fixed and not subject to revision during the first year of duration of the FWC. At the beginning of the second and every following year of the FWC, [80% of] each price may be revised upwards or downwards if such revision is requested by one of the parties in writing no later than three months before the anniversary of the date on which it was signed. The other party shall acknowledge receipt within 15 days of reception of the request. The new prices shall be communicated as soon as the final index is available. The contracting authority shall purchase on the basis of the prices in force on the date on which order forms are signed by both parties. Such prices shall not be subject to revision. This revision shall be determined by the trend in the harmonised indices of consumer prices (HICP) [complete] 1 published for the first time by [the Eurostat monthly 'Data in focus' publication at ▇▇▇▇://▇▇▇.▇▇.▇▇▇▇▇▇.▇▇/eurostat/]. Revision shall be calculated in accordance with the following formula: Ir Pr=Po (0,2+0,8 — ) where: Pr = revised price; Po = price in the original tender; Io = index for the month [in which the validity of the tender expires] [corresponding to the final date for submission of tenders]; Ir = index for the month [corresponding to the date of receipt of the letter requesting a revision of prices] [in which the revised prices take effect].]
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Related to General Situation

  • Special Situations ▇▇▇▇▇▇▇ BENEFICIARY agrees to inform AGENCY within one (1) business day of any circumstances or events which may reasonably be considered to jeopardize its capability to continue to meet its obligations under the terms of this Agreement. Incidents may include, but are not limited to, those resulting in injury, media coverage or public reaction that may have an impact on the AGENCY’S or GRANTEE BENEFICIARY’S ability to protect and serve its participants, or other significant effect on the AGENCY or GRANTEE BENEFICIARY. Incidents shall be reported to the designated AGENCY contact below by phone or email only. Incident report information shall not include any identifying information of the participant.

  • Asset Management Supplier will: i) maintain an asset inventory of all media and equipment where Accenture Data is stored. Access to such media and equipment will be restricted to authorized Personnel; ii) classify Accenture Data so that it is properly identified and access to it is appropriately restricted; iii) maintain an acceptable use policy with restrictions on printing Accenture Data and procedures for appropriately disposing of printed materials that contain Accenture Data when such data is no longer needed under the Agreement; iv) maintain an appropriate approval process whereby Supplier’s approval is required prior to its Personnel storing Accenture Data on portable devices, remotely accessing Accenture Data, or processing such data outside of Supplier facilities. If remote access is approved, Personnel will use multi-factor authentication, which may include the use of smart cards with certificates, One Time Password (OTP) tokens, and biometrics.

  • Investment Management If and to the extent requested by the Advisor, the Sub-Advisor shall, subject to the supervision of the Advisor, manage all or a portion of the investments of the Portfolio in accordance with the investment objective, policies and limitations provided in the Portfolio's Prospectus or other governing instruments, as amended from time to time, the Investment Company Act of 1940 (the "1940 Act") and rules thereunder, as amended from time to time, and such other limitations as the Trust or Advisor may impose with respect to the Portfolio by notice to the Sub-Advisor. With respect to the portion of the investments of the Portfolio under its management, the Sub-Advisor is authorized to make investment decisions on behalf of the Portfolio with regard to any stock, bond, other security or investment instrument, and to place orders for the purchase and sale of such securities through such broker-dealers as the Sub-Advisor may select. The Sub-Advisor may also be authorized, but only to the extent such duties are delegated in writing by the Advisor, to provide additional investment management services to the Portfolio, including but not limited to services such as managing foreign currency investments, purchasing and selling or writing futures and options contracts, borrowing money or lending securities on behalf of the Portfolio. All investment management and any other activities of the Sub-Advisor shall at all times be subject to the control and direction of the Advisor and the Trust's Board of Trustees.

  • General Management In the discharge of its general duty to manage the successful performance of the Services, Vendor shall: 3.2.1.1. within thirty (30) calendar days of the Effective Date, identify to Citizens the primary and secondary management contacts responsible for the oversight and management of Services for Citizens; 3.2.1.2. ensure Vendor Staff tasked with management and oversight of the Services are available promptly to perform Services during Business Hours; 3.2.1.3. ensure each assigned Adjuster submits a time record directly to Vendor’s manager or point of contact. At any time during this Agreement, Citizens may require copies of time records from Vendor; 3.2.1.4. ensure that no Vendor Staff carries a weapon on their person while performing Services; 3.2.1.5. ensure that no Vendor Staff uses impairing drugs, chemicals, or alcohol while performing Services; 3.2.1.6. ensure that Vendor Staff avoid using their duties and obligations under this Agreement to engage in any conduct that could create either an actual or perceived conflict of interest, such as due to an ongoing business relationship with an entity other than Citizens that would enable Vendor Staff to receive an improper benefit or unfair competitive advantage; 3.2.1.7. ensure that the Services comply with the Best Claims Practices & Estimating Guidelines as applicable to each Service Category and any other policies or processes set forth by Citizens, including but not limited to: a. monitoring applicable file production on a weekly basis to determine compliance with Citizens’ production requirements; and, b. providing detailed reports to Citizens related to Vendor performance upon request.

  • Management Company The UCITS and its Sub-Funds are managed by the Management Company, in accordance with this Unit Trust Agreement for the account, and in the sole interest, of the Unitholders. In accordance with the applicable laws and regulations and this Unit Trust Agreement, the Management Company is entitled to dispose of the assets of the UCITS / Sub-Funds and to exercise any and all rights thereunder.