Priority Setting Clause Samples

A Priority Setting clause establishes the order in which obligations, rights, or claims are addressed when multiple parties or interests are involved. In practice, this clause may specify which debts are paid first in the event of insolvency, or determine the sequence in which deliverables must be completed if resources are limited. Its core function is to prevent disputes and confusion by clearly defining the hierarchy of priorities, ensuring that all parties understand how competing interests will be managed.
Priority Setting. Change Requests will be categorised as follows: · Critical — the issue is preventing the continuation of Acquirer business and/or operations; potential for a highly detrimental effect on Acquirer business resulting in [*]. · High — the issue is impeding the continuation of Acquirer business process and/or operations; potential for a detrimental effect on Acquirer business * Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. resulting in [*]. · Medium — the issue is affecting work in Acquirer business and/or operations without major impediment; potential for an effect on Acquirer business and/or operations which may be contained without any financial loss. · Low — the issue may be contained without any financial loss to Acquirer business and/or operations.
View SourceView Similar (4)
Priority Setting. Planet Payment will assign a priority to each incident as per the priority setting described in Appendix 2. Planet Payment response time to an incident will be as specified in Appendix 2. Incidents will be prioritised as: · Critical (C) — the issue is preventing the continuation of Acquirer business and/or operations; potential for a highly detrimental effect on Acquirer business resulting in [*]. · High (H) — the issue is impeding the continuation of Acquirer business process and/or operations; potential for a detrimental effect on Acquirer business resulting in [*]. · Medium (M) — the issue is affecting work in Acquirer business and/or operations without major impediment; potential for an effect on Acquirer business and/or operations which may be contained without any financial loss. · Low (L) — the issue may be contained without any financial loss to Acquirer business and/or operations.
View SourceView Similar (4)
Priority Setting. TRPA and the CONSERVANCY shall confer annually to set priorities for banking, transfer, or retirement of development rights, land coverage, and restoration credits and land or acquisitions consistent with section IV. Priorities shall be established that align with TRPA environmental threshold attainment, the Lake Tahoe Regional Plan, Conservancy enabling legislation, and statewide land use planning goals and policies.
View SourceView Similar (2)
Priority Setting. ‌ At the end of the ranking process, the toolbox lists the ranking of the selected mitigation measures in the order of most appropriate to least appropriate measures. The calculated value for Ri is also given as well as which factor(s) Fi has the most significance on the result. The user can compare the ranking order and can go back to the previous steps and change the weighting and scoring factors, especially those with high effect on the ranking Ri, if neces- sary.
View Source
Priority Setting. Organizing - Eliminates roadblocks; creates focus; uses resources effectively and efficiently. In conjunction with the competencies above the parties will jointly develop an objective based evaluation for Team Leaders to receive regular feedback on their performance to competencies, and their roles and responsibilities. The results of the evaluation will be taken into consideration as training plans are developed. Evaluations will be completed on an annual basis.
View Source

Related to Priority Setting

  • Priority Hiring If the Contract Amount is over $200,000 and this Agreement is for services (other than Consulting Services), this section is applicable. Contractor shall give priority consideration in filling vacancies in positions funded by this Agreement to qualified recipients of aid under Welfare and Institutions Code section 11200 in accordance with PCC 10353.

  • PRIORITY OF USE Any schedule or milestone in this Agreement is estimated based upon the Parties' current understanding of the projected availability of NASA goods, services, facilities, or equipment. In the event that NASA's projected availability changes, Partner shall be given reasonable notice of that change, so that the schedule and milestones may be adjusted accordingly. The Parties agree that NASA's use of the goods, services, facilities, or equipment shall have priority over the use planned in this Agreement. Should a conflict arise, NASA in its sole discretion shall determine whether to exercise that priority. Likewise, should a conflict arise as between two or more non-NASA Partners, NASA, in its sole discretion, shall determine the priority as between those Partners. This Agreement does not obligate NASA to seek alternative government property or services under the jurisdiction of NASA at other locations.

  • Priority Debt The Company will not permit Priority Debt to exceed 15% of Consolidated Total Assets (as of the end of the Company’s then most recently completed fiscal quarter) at any time.

  • Priority consideration If the Contract Amount is $200,000 or more, Contractor shall give priority consideration in filling vacancies in positions funded by this Agreement to qualified recipients of aid under Welfare and Institutions Code section 11200 in accordance with PCC 10353.

  • PRIORITY HIRING CONSIDERATIONS If this Contract includes services in excess of $200,000, the Contractor shall give priority consideration in filling vacancies in positions funded by the Contract to qualified recipients of aid under Welfare and Institutions Code Section 11200 in accordance with Pub. Contract Code §10353.