Operational Effectiveness Clause Samples

The Operational Effectiveness clause defines the point at which the terms, obligations, or processes outlined in an agreement become fully functional and enforceable. Typically, this clause specifies the conditions or events—such as regulatory approval, completion of certain tasks, or the passage of a set period—that must occur before the agreement's provisions take effect. By clearly establishing when the contract's operational aspects are activated, this clause ensures that all parties understand when their responsibilities begin, thereby preventing disputes and ensuring smooth implementation.
Operational Effectiveness. Measure of overall ability to accomplish a mission, when used by representative personnel in the environment planned or expected for operational employment of the system considering organization, doctrine, tactics, supportability, survivability, vulnerability, and threat. (DAU Glossary)
Operational Effectiveness. The Executive Director shall actively consider and evaluate means and opportunities toward the enhancement of operational effectiveness of emergency services. The Executive Director shall present his or her recommendations to the Technical Advisory Committees and the Governing Board from time to time.
Operational Effectiveness. In 2014, the Board of Directors of Flamel approved the sale of all of the Group’s intellectual property to Flamel Ireland Limited, Flamel’s wholly-owned operational subsidiary, which is now a 100% subsidiary of Avadel by virtue of the Domestic Merger. Given the attractive nature of the business environment in Ireland and given that the Group’s IP and related functions are located in Ireland, the Group’s management believes that this supports the Group’s business case to complete the Merger as it will allow for synergies within the Group and improve the efficiency of its management and supporting services. These centralised functions will help to unify the Group wide decision-making process, thereby helping to ensure its customers receive safe and effective products.
Operational Effectiveness. The CEO will work with senior management to evaluate, modify, extend commercial and economic relationships with key constituencies, including but not limited to seed providers, farmers/growers, processors and end use customers.
Operational Effectiveness. The measure of the overall ability of a system to accomplish a mission when used by representative personnel in the environment planned or expected for operational employment of the system considering organization, doctrine, tactics, supportability, survivability, vulnerability, and threat. Some examples of environment are: natural, electronic, threat, and so forth for operational employment of the system considering organization, doctrine, tactics, survivability, vulnerability, and threat (including countermeasures; initial nuclear weapons effects; nuclear, biological, and chemical contamination threats) (AR 73-1). Operational Suitability The degree to which a system can be satisfactorily placed in field use with consideration to reliability, availability, compatibility, transportability, interoperability, wartime usage rates, maintainability, safety, human factors, habitability, manpower supportability, logistics supportability, documentation, environmental effects and training requirements (AR 73-1). Operational Test/Testing The field test, under realistic combat conditions, of any item of (or key component of) weapons, equipment, or munitions for the purpose of determining the effectiveness and suitability of the weapons, equipment, or munitions for use in combat by typical military users (AR 73-1). Test Readiness Review DRAFT
Operational Effectiveness. Supervise the business and affairs of the Corporation, subject to the direction of the Board and specific execution limitations, established by or on behalf of the Board. Delegate matters to executive management as the CEO may determine to be necessary and appropriate. Sub-delegate operational decision-making as the CEO may determine to be necessary and appropriate for the effective operation of the business of the Corporation. Establish a management organizational structure suitable to the business. Prepare a management succession plan for the Compensation Committee’s review and input and establish a system that provides for management succession and development, including monitoring management performance against established objectives. Identify, to the extent possible, significant risks to the Corporation’s business, and balance risks against anticipated benefits. Consider and establish, where appropriate, procedures to mitigate the impact of the risks in the best interests of stakeholders of the Corporation. Meet regularly, and as otherwise required, with the Executive Chair, Lead Director and other Board members to review material issues and to ensure that Board members are provided with relevant information in a timely manner. Ensure that Board members have access to executive management as reasonably required to permit the Board to fulfill its statutory and other fiduciary obligations and management to benefit from Board input. ▇▇▇▇▇▇▇ the Corporation’s expenditures within approved operating and capital budgets. Provide quarterly and annual certificates as to: (i) the accuracy of financial statements and accompanying management’s discussion and analysis (“MD&A”); (ii) the establishment and maintenance of disclosure controls and procedures (“DC&P”); and (iii) internal controls over financial reporting (“ICFR”) (as such terms are defined in National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings). Establish and maintain DC&P and ICFR or cause the DC&P and ICFR to be designed under the supervision of the CEO. Establish a control framework to design the Corporation’s ICFR. Evaluate or cause to be evaluated under the supervision of the CEO, the effectiveness of the Corporation’s DC&P and ICFR at the financial yearend and ensure that the conclusions about the effectiveness of the DC&P and ICFR are disclosed in the Corporation’s MD&A. ▇▇▇▇▇▇ a corporate culture that promotes ethical practices and encourages individual ...
Operational Effectiveness. The measure of the overall ability of a system to accomplish a mission when used by representative personnel in the environment planned or expected for operational employment of the system considering organization, doctrine, tactics, supportability, survivability, vulnerability, and threat. Some examples of environment are: natural, electronic, threat, and so forth for operational employment of the system considering organization, doctrine, tactics, survivability, vulnerability, and threat (including countermeasures; initial nuclear weapons effects; nuclear, biological, and chemical contamination threats) (AR 73-1).
Operational Effectiveness. School Goals

Related to Operational Effectiveness

  • Integration; Effectiveness This Agreement, the other Loan Documents, and any separate letter agreements with respect to fees payable to the Administrative Agent or any L/C Issuer, constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as provided in Section 4.01, this Agreement shall become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

  • Termination Effectiveness This Agreement and the Proxy shall terminate and shall have no further force or effect as of the Expiration Date. Notwithstanding the foregoing, nothing set forth in this Section 11 or elsewhere in this Agreement shall relieve either party hereto from any liability, or otherwise limit the liability of either party hereto, for any breach of this Agreement. The effectiveness of this Agreement is conditioned upon the execution and delivery of the Merger Agreement by the parties thereto.

  • Continued Effectiveness The Company shall use its reasonable best efforts to keep any Shelf Registration Statement filed pursuant to Section 2.02(a) continuously effective under the Securities Act in order to permit the Prospectus forming a part thereof to be usable by Shelf Holders until the earliest of (i) the date as of which all Registrable Securities have been sold pursuant to the Shelf Registration Statement or another Registration Statement filed under the Securities Act (but in no event prior to the applicable period referred to in Section 4(3) of the Securities Act and Rule 174 thereunder), (ii) the date as of which each of the Shelf Holders is permitted to sell its Registrable Securities without Registration pursuant to Rule 144 without volume limitation or other restrictions on transfer thereunder and (iii) such shorter period as the Institutional Investors with respect to such Shelf Registration shall agree in writing (such period of effectiveness, the “Shelf Period”). Subject to Section 2.02(d), the Company shall not be deemed to have used its reasonable best efforts to keep the Shelf Registration Statement effective during the Shelf Period if the Company voluntarily takes any action or omits to take any action that would result in Shelf Holders not being able to offer and sell any Registrable Securities pursuant to such Shelf Registration Statement during the Shelf Period, unless such action or omission is (x) a Shelf Suspension permitted pursuant to Section 2.02(d) or (y) required by applicable law, rule or regulation.

  • Effectiveness This Agreement shall become effective upon the execution and delivery hereof by the parties hereto.

  • Term and Effectiveness This Agreement shall become effective as of the first date written above. Once effective, this Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive one-year periods; provided that such continuance is specifically approved at least annually by: (i) the vote of the Board of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Independent Directors, in accordance with the requirements of the 1940 Act.