Review Points Sample Clauses
The 'Review Points' clause establishes specific stages or milestones during a project or contractual relationship at which progress, deliverables, or performance are formally evaluated. Typically, these points are scheduled at key intervals, such as after the completion of major tasks or phases, and may involve meetings, reports, or presentations to assess whether objectives are being met. By setting out clear moments for assessment, this clause helps ensure ongoing alignment between parties, facilitates early identification of issues, and supports informed decision-making throughout the project.
Review Points. The Contract will be subject to a break point at the end of March 2025. Continuation of the Contract beyond that point will be subject to satisfactory performance and progress against the agreed deliverables. This will involve a review 6 months before the break point to determine whether performance and achievements to date are sufficient to continue and the Supplier will be notified no later than 2 months before the break point whether the Contract will continue into the next Spending Review period or be terminated at the break point.
Review Points. There will be a review point at the end of the Inception Phase and work on Implementation Phase will not begin until FCDO has approved the Inception Report. FCDO will respond to the Inception Report within ten working days of submission.
Review Points. On or about March 31, 2000, September 30, 2000 and ------------- March 31, 2001, Lessor and Lessee will meet to review Lessee's current business plan, five year financial model, including detailed one year cash flow projections. At such reviews, at the request of the Lessee, Lessor will discuss indicative pricing, terms and conditions for adjustments to the payment schedule under Schedules would accommodate technology refresh and changes in Lessee's projected cash flows. Neither Lessor nor Lessee shall have any obligation to agree to any amendments to the Master Lease or any Schedule.
Review Points. The parties acknowledge and agree that Powerlink's review and inspection ('Review Points') for the Owner Works are described in the Delivery Specification. In addition, the following Review Points will apply:
Review Points. Programme performance will be constantly monitored throughout the duration of the programme through results reporting and formal Annual Reviews. FCDO reserves the right to terminate the contract if programme performance is not satisfactory. In addition to the Annual Reviews, there will be formal review points in the contract:
(i) At the end of the inception phase (‘transition phase’);
(ii) At the end of the second year of implementation (year 3 of programme). Inception phase Transition Phase Review point (Month 6) Implementation phase Impact review Review point (Decision on extension) Implementation phase Close-out and learning phase or extension (2 years) Months 1-2 Months 3-6 12 months 12 months 12 months The review points will involve a substantive discussion on performance against targets, KPIs and challenges.
Review Points. (a) No later than thirty (30) Days prior to the date the Owner expects to start a process of reviewing a Review-point with the Lessee (the "Review-point Process"), the Owner shall notify the Lessee of the results of its readiness review confirming that the relevant Review-point is ready to be reviewed by the Lessee, and:
(i) the Lessee shall (no later than ten (10) Days after receiving such notice pursuant to this Clause 7.5(a) (Review-points)) notify the Owner of its current best estimate of the information it will reasonably require in order to conduct its review of the relevant Review-point;
(ii) the Owner shall provide all information reasonably required by the Lessee to conduct the review of the relevant Review-point; and
(iii) the Owner and the Lessee shall agree, acting reasonably, when, and where, the Review-point Process shall commence.
(b) The Owner and the Lessee shall conduct the Review-point Process in accordance with their agreement pursuant to Clause 7.5(a)(iii) (Review-points) and Schedule 5 (Design, Build and Operational Readiness Requirements).
(c) The Lessee shall, as soon as reasonably practicable after the commencement of a Review-point Process, either:
(i) confirm to the Owner that the relevant Review-point Process is concluded; or
(ii) notify the Owner of any reasonable reservations which the Lessee requires to be addressed for the Review-point Process to be concluded (acting reasonably), in which case:
(A) if:
(1) the Owner agrees with the Lessee's reasonable reservations pursuant to Clause 7.5(c)(ii) (Review-points), or it is determined under Clause 7.5(c)(ii)(A)(2) (Review-points) that such reservations are reasonable, then duly authorised representatives of the Owner and the Lessee shall promptly (and, in any event, within fifteen (15) Days), meet and discuss the actions required to adequately address the relevant reservations following which the Owner shall take such actions as are agreed to adequately address the reservations, and provide information as reasonably requested by the Lessee in relation to the taking of such actions; or
(2) the Owner disagrees with the Lessee's reasonable reservations pursuant to Clause 7.5(c)(ii) (Review-points), then the Owner may refer the matter for resolution in accordance with Clause 24 (Dispute Resolution); and
(B) if the Lessee and the Owner fail to agree the actions required to adequately address the reservations agreed or determined to be reasonable under Clause 7.5(c)(ii)(A)(1) (Review-p...
Review Points