Recommendations and action Sample Clauses

Recommendations and action. Rating system is currently considered for removal. The following actions could be taken to ensure the quality of the companies in RAMP: • Include use cases and past customers in the profiles • Monitor conflicts between RAMP companies and take actions for potentially problematic ones. That could end even in the removal of a problematic company in RAMP. • Perform background check on the quality of companies applying to register. Documentation may be asked by the companies upon registration. RAMP provides a number of tools that allow online collaboration between organisations, for example between a manufacturer and an automation technology provider, etc. These tools provide functionalities where documentation and media may be shared. This data in may include sensitive information, trade secrets. For example, during a service provision for automation, details and diagrams from the factory could be shared between the manufacturer and the provider, or details about the technologies of the provider that give them competitive advantage, etc. While from the RAMP side this data is protected, from organizational and technical point of view, it is important to also increase the awareness and enhance the trust of the organisations in RAMP, so they can not only ‘be’, but also ‘feel’ safe in using these tools and sharing this data through RAMP. The related tools for collaboration where such data is shared include: • Tender tool, where tenders are launched by manufacturers, and offers submitted by suppliers • Projects tool, where partnerships are formed and collaboration on tools, depending on the type of project, is performed. • Factory Dashboard, a tool in ‘Automation’ projects, that allows the visualization of data from the factory floor (sensors, equipment, etc.) • Digital Twin, a tool in ‘Automation’ projects, which allows the 3D visualization and simulation of the factory floor, a production line or a work cell • CAD viewer, a tool in ‘Product design’ projects, that allows online viewing of CAD models (e.g., product models) 1. To enhance trust, marketing and dissemination actions are required. This could include informative online articles, videos, or/and dedicated section in user guides and tutorials. The presence of clear and dependable conflict resolution mechanism is important for the RAMP sustainability. From a threat-opportunity perspective it can drive more organization to RAMP: 1. Threat: Distrust in collaborating with other organisations through RAMP, as th...
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Recommendations and action. The rating system itself is currently under evaluation. Beyond that, the current transaction evaluation mechanism is self-claim based, and hence not guaranteed. A new mechanism, connecting the validation of the transactions with the other tools in RAMP is proposed. The new process could be as follows: 1. A manufacturer launches a tender within RAMP, through the ‘Tenders’ tool 2. After accepting offers, the manufacturer may accept one or more. 3. When a proposal moves to the ‘Contracts’ phase in the ‘Tenders’ tool, the transaction is validated within RAMP. The ‘Contracts’ phase in ‘Tenders’ includes a legally-binding contract between the manufacturer and the service supplier, signed on a bilateral basis. 1 ’ Transactions’ in the context of this document means the service provision by a supplier (Technology provider or consultancy services) to a Manufacturing SME
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Recommendations and action. It is difficult to completely automate the process of the background check. However, instead of performing this check after the registration, RAMP can request the submission of proof, e.g., a document, that proves that the user that applies for the company is indeed a legal representative. While the manual intervention for the approval registration is not completely removed, the process is now user-driven, while the threat of impersonation, even though not completely eliminated, is reduced.
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Related to Recommendations and action

  • Authorization and Action (a) Each Class Investor hereby appoints and authorizes the related Class Agent to take such action as agent on its behalf and to exercise such powers under this Agreement and the other Transaction Documents as are delegated to such Class Agent by the terms hereof and thereof, together with such powers as are reasonably incidental thereto. The Class Conduits and/or the Bank Investors of any Class holding Commitments aggregating in excess of 66 and 2/3% of the Facility Limit of the related Class (the “Majority Class Investors”) may direct their respective Class Agent to take any such incidental action hereunder, however, with respect to such actions which are incidental to the actions specifically delegated to such Class Agent hereunder, such Class Agent shall not be required to take any such incidental action hereunder, but shall be required to act or to refrain from acting (and shall be fully protected in acting or refraining from acting) upon the direction of the Majority Class Investors; provided, however, that such Class Agent shall not be required to take any action hereunder if the taking of such action, in the reasonable determination of such Class Agent, shall be in violation of any applicable law, rule or regulation or contrary to any provision of this Agreement or shall expose such Class Agent to liability hereunder or otherwise. In furtherance, and without limiting the generality, of the foregoing, each Class Investor hereby appoints its related Class Agent as its agent to execute and deliver all further instruments and documents, and take all further action that such Class Agent may deem necessary or appropriate or that a Class Investor may reasonably request in order to perfect, protect or more fully evidence the interests transferred or to be transferred from time to time by the Transferor hereunder, or to enable any of them to exercise or enforce any of their respective rights hereunder, including, without limitation, the execution by such Class Agent as secured party/assignee of such financing or continuation statements, or amendments thereto or assignments thereof, relative to all or any of the Receivables now existing or hereafter arising, and such other instruments or notices, as may be necessary or appropriate for the purposes stated herein above. Upon the occurrence and during the continuance of any Termination Event or Potential Termination Event, no Class Agent shall take any action hereunder (other than ministerial actions or such actions as are specifically provided for herein) without the prior consent of the related Majority Class Investors (which consent shall not be unreasonably withheld or delayed). In the event a Class Agent requests a Class Investor’s consent pursuant to the foregoing provisions and such Class Agent does not receive a consent (either positive or negative) from such Class Investor within 10 Business Days of such Class Investor’s receipt of such request, then such Class Investor (and its percentage interest hereunder) shall be disregarded in determining whether such Class Agent shall have obtained sufficient consent hereunder. (b) The Class Agents shall exercise such rights and powers vested in it by this Agreement and the other Transaction Documents, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs.

  • Determinations and Actions by the Board For all purposes of this Agreement, any calculation of the number of Common Shares outstanding at any particular time, including for purposes of determining the particular percentage of such outstanding Common Shares of which any Person is the Beneficial Owner, will be made in accordance with the last sentence of Rule 13d-3(d)(1)(i) of the General Rules and Regulations under the Exchange Act. The Board of Directors of the Company will have the exclusive power and authority to administer this Agreement and to exercise all rights and powers specifically granted to the Board of Directors of the Company or to the Company, or as may be necessary or advisable in the administration of this Agreement, including without limitation the right and power to (i) interpret the provisions of this Agreement and (ii) make all determinations deemed necessary or advisable for the administration of this Agreement (including any determination as to whether particular Rights shall have become void). All such actions, calculations, interpretations and determinations (including, for purposes of clause (y) below, any omission with respect to any of the foregoing) which are done or made by the Board of Directors of the Company in good faith will (x) be final, conclusive and binding on the Company, the Rights Agent, the holders of the Rights and all other parties and (y) not subject the Board of Directors of the Company to any liability to any Person, including without limitation the Rights Agent and the holders of the Rights.

  • Determinations and Actions by the Board of Directors The Board of Directors of the Company shall have the exclusive power and authority to administer this Agreement and to exercise the rights and powers specifically granted to the Board of Directors of the Company or to the Company, or as may be necessary or advisable in the administration of this Agreement, including, without limitation, the right and power to (i) interpret the provisions of this Agreement and (ii) make all determinations deemed necessary or advisable for the administration of this Agreement (including, without limitation, a determination to redeem or not redeem the Rights or to amend this Agreement). All such actions, calculations, interpretations and determinations (including, for purposes of clause (y) below, all omissions with respect to the foregoing) that are done or made by the Board of Directors of the Company in good faith, shall (x) be final, conclusive and binding on the Company, the Rights Agent, the holders of the Rights, as such, and all other parties, and (y) not subject the Board of Directors to any liability to the holders of the Rights.

  • Board Actions Prior to the Effective Time, the Company Board (or, if appropriate, any committee thereof) shall adopt appropriate resolutions and take such other actions as are reasonably necessary and appropriate (including using reasonable best efforts to obtain any required consents) to effect the transactions described in this Section 2.4.

  • Determinations and Actions by the Board, etc For all purposes of this Agreement, any calculation of the number of shares of Common Stock outstanding at any particular time, including for purposes of determining the particular percentage of such outstanding shares of Common Stock of which any Person is the Beneficial Owner, shall be made in accordance with the last sentence of Rule 13d-3(d)(1)(i) of the General Rules and Regulations under the Exchange Act. The Board (with, where specifically provided for herein, the concurrence of two-thirds of the Directors) shall have the exclusive power and authority to administer this Agreement and to exercise all rights and powers specifically granted to the Board (with, where specifically provided for herein, the concurrence of two-thirds of the Directors) or to the Company, or as may be necessary or advisable in the administration of this Agreement, including, without limitation, the right and power to (i) interpret the provisions of this Agreement, and (ii) make all determinations deemed necessary or advisable for the administration of this Agreement (including without limitation a determination to redeem or not redeem the Rights or to amend the Agreement). All such actions, calculations, interpretations and determinations (including, for purposes of clause (y) below, all omissions with respect to the foregoing) which are done or made by the Board (with, where specifically provided for herein, the concurrence of two-thirds of the Directors) in good faith, shall (x) be final, conclusive and binding on the Company, the Rights Agent, the holders of the Rights and all other Persons, and (y) not subject any director to any liability to the holders of the Rights.