Risk Mitigation Measures Clause Samples

The Risk Mitigation Measures clause outlines the actions and strategies that parties must implement to reduce or manage potential risks associated with the agreement. This may include requirements such as maintaining insurance, following specific safety protocols, or conducting regular risk assessments relevant to the subject matter of the contract. By specifying these measures, the clause helps ensure that both parties proactively address foreseeable risks, thereby minimizing potential losses and disputes.
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Risk Mitigation Measures. Mitigation means taking actions to reduce the effects of a hazard before it occurs. The term mitigation applies to a wide range of activities aiming to better assess the hazard and to reduce the vulnerability of systems. These can range from the physical protection, like constructing stronger buildings and strengthening existing structures, introducing redundancy in a system to procedural 1i in rod standard techniques for incorporating hazard assessment in land-use planning, or preparation of disaster response and reconstruction plans. Building disaster-protection urban areas most of the infrastructure is not built to modem codes methods. In rural areas most buildings and part of the infrastructure are non-engineered. To achieve an earthquake resilient infrastructural system, therefore, takes time and requires a effort in improving the system resistance, maintaining or the system safety level and providing the necessary funding. This task is difficult for longer return periods like earthquakes. An entire earthquake resilient infrastructural of real needs is nor feasible as also not reasonable. Therefore, a (4) Careful definition of reduced of the system, of of components to maintain the reduced mode, Hazard local conditions and Vulnerability of components. Mitigration develop a culture in which members of the society, regional to orgariisations, leaders of industries and services as the general public are of the they face and will support mitigation efforts. The main principles to resilient infrastructure system are: Design of (transportation, water supply and sewer, energy supply or needs careful planning to reduce the Long supply networks are less vulnerable to local failures provided sections can be isolated when necessary. Systems with centralised involve a higher risk than decentraiised systems with several control centres. In systems redundancies are a must. Careful location in infrastructural systems as also community facilities like hospitals or play an important role in reducing settlement vulnerability in urban Deconcentration of risk elements is important. Microzoning of earthquake is tool for risk mitigation. Link between different sectors of economy may be vulnerable to disruption by disaster. Diversification of economy is a way to reduce the risk of economy breakdown in the aftermath of an event and thus reducing the capability of a fast recovery. A strong economy seems to be the best defence against any type of disaster. Within a strong econ...
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Risk Mitigation Measures. A Risk Mitigation Plan (“RMP”) was prepared to detail the risk mitigation measures to be implemented during construction/excavation activities at the Property. Like the NFA Letter, the RMP is available for review as a public record.]
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Risk Mitigation Measures. Protracted recruitment processes leading to insufficient staffing levels available to deliver on the Service public safety agenda.
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Risk Mitigation Measures. I. Assign multiple operators to the trip II. Require a prescribed rest period for the assigned operator before, during, or after the trip III. Select and assign a specific bus for the trip (Fleet Maintenance Manager)
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Risk Mitigation Measures. The Purchase Agreement provides a detailed itemization of the products and services being purchased and installed. The Commission is withholding the total Purchase Agreement sum and the Contractor will be paid only upon successful completion and acceptance of the SANs project. The total cost for the SANs project is $394,405 and is comprised of the following: Hardware and Software $257,443 Installation Services $88,240 Training Services $20,190 Prepaid Maintenance $28,532 Total $394,405 CIO Analysis The funds will originate from the Commission general funds and need to be incorporated into the Commission’s approved Fiscal Year 2004-2005 budget.
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Risk Mitigation Measures. A Risk Mitigation Plan was prepared to detail the risk mitigation measures to be implemented during construction/excavation activities at the Property.
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Risk Mitigation Measures. Socio-economic and political effects of COVID-19 pandemic Adherence to the COVID-19 national and international measures and requirements. Maximum utilisation of limited available resources (human and financial) in the implementation of SPF programs and activities. Any program implementation must comply with the National Disaster Management Plan 201813. SIDCGA Policy Reprioritisation The Government has reprioritised its policies not only for COVID-19 but also for 2023 South Pacific Games. The NCIU has been one of the main Policy for implementation starting from 2021 leading up to 2023. This may disable implementation of other policies that directly aligned to SPF strategic directions. Both Ministry and Churches collaboratively establish mutual understanding to reprioritising important SPF programs and activities according to available limited resources. Ministry and Churches to strengthen Bilateral partners and Donor funding to assisting implementation of SPF programs and activities. 13 Solomon Islands Government, 2018, National Disaster Management Plan, NDC, Honiara.
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Risk Mitigation Measures. The student agrees to implement all risk mitigation measures as required by the College in the current Phase of Reopening, which may include:
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Related to Risk Mitigation Measures

  • Mitigation Measures Company shall take commercially reasonable measures (except measures causing it to incur out-of-pocket expenses which BNYM does not agree in advance to reimburse) to mitigate losses or potential losses to BNYM, including taking verification, validation and reconciliation measures that are commercially reasonable or standard practice in the Company’s business.

  • Taxation Measures 1. Except as provided in this Article nothing in this Agreement shall apply to taxation measures. 2. Nothing in this Agreement shall affect the rights and obligations of the Parties under any tax convention. In the event of any inconsistency between the provision of this Agreement and any such convention, the provisions of that convention shall apply to the extent of the inconsistency. 3. Without prejudice to the application of paragraph 2, the disciplines referred to hereinafter shall apply to taxation measures: (a) Article 7 (National Treatment) of Chapter 2 (National Treatment and Market Access for Goods) and such other provisions of this Agreement as are necessary to give effect to that Article to the same extent as does Article III of the GATT 1994; and (b) Article 106 (National Treatment) of Chapter 8 (Trade in Services), subject to the exceptions provided for in Article XIV letters (d) and (e) of the GATS, which are hereby incorporated. 4. The provisions of Article 133 (Expropriation) and Annex 9 (Expropriation) of this Chapter shall apply to taxation measures alleged to be expropriatory. 5. The provisions of Article 139 (Investor-State Dispute Settlement) apply with respect to paragraph 4 of this Article. 6. If an investor invokes Article 133 (Expropriation) and Annex 9 (Expropriation) of this Chapter as the basis of a claim to arbitration according to Article 139 (Investor-State Dispute Settlement), the following procedure shall apply: The investor must first refer to the competent tax authorities described in subparagraph 7(c), at the time that it gives written notice of intent under Article 139 (Investor-State Dispute Settlement), the issue of whether the tax measure concerned involves an expropriation. In case of such referral, the competent tax authorities shall consult. Only if, within 6 months of the referral, they do not reach an agreement that the measure does not involve an expropriation, or in case the competent tax authorities of the Parties fail to consult with each other, the investor may submit its claim to arbitration under Article 139 (Investor-State Dispute Settlement).

  • Bilateral Safeguard Measures 1. Where, as a result of the reduction or elimination of a customs duty under this Agreement, any product originating in a Party is being imported into the territory of another Party in such increased quantities, in absolute terms or relative to domestic production, and under such conditions as to constitute a substantial cause of serious injury or threat thereof to the domestic industry of like or directly competitive products in the territory of the importing Party, the importing Party may take bilateral safeguard measures to the minimum extent necessary to remedy or prevent the injury, subject to the provisions of paragraphs 2 to 10. 2. Bilateral safeguard measures shall only be taken upon clear evidence that increased imports have caused or are threatening to cause serious injury pursuant to an investigation in accordance with the procedures laid down in the WTO Agreement on Safeguards. 3. The Party intending to take a bilateral safeguard measure under this Article shall immediately, and in any case before taking a measure, make notification to the other Parties and the Joint Committee. The notification shall contain all pertinent information, which shall include evidence of serious injury or threat thereof caused by increased imports, a precise description of the product involved and the proposed measure, as well as the proposed date of introduction, expected duration and timetable for the progressive removal of the measure. A Party that may be affected by the measure shall be offered compensation in the form of substantially equivalent trade liberalisation in relation to the imports from any such Party. 4. If the conditions set out in paragraph 1 are met, the importing Party may take measures consisting in increasing the rate of customs duty for the product to a level not to exceed the lesser of: (a) the MFN rate of duty applied at the time the action is taken; or (b) the MFN rate of duty applied on the day immediately preceding the date of the entry into force of this Agreement. 5. Bilateral safeguard measures shall be taken for a period not exceeding one year. In very exceptional circumstances, after review by the Joint Committee, measures may be taken up to a total maximum period of three years. No measure shall be applied to the import of a product which has previously been subject to such a measure. 6. The Joint Committee shall within 30 days from the date of notification examine the information provided under paragraph 3 in order to facilitate a mutually acceptable resolution of the matter. In the absence of such resolution, the importing Party may adopt a measure pursuant to paragraph 4 to remedy the problem, and, in the absence of mutually agreed compensation, the Party against whose product the measure is taken may take compensatory action. The bilateral safeguard measure and the compensatory action shall be immediately notified to the other Parties and the Joint Committee. In the selection of the bilateral safeguard measure and the compensatory action, priority must be given to the measure which least disturbs the functioning of this Agreement. The compensatory action shall normally consist of suspension of concessions having substantially equivalent trade effects or concessions substantially equivalent to the value of the additional duties expected to result from the bilateral safeguard measure. The Party taking compensatory action shall apply the action only for the minimum period necessary to achieve the substantially equivalent trade effects and in any event, only while the measure under paragraph 4 is being applied. 7. Upon the termination of the measure, the rate of customs duty shall be the rate which would have been in effect but for the measure. 8. In critical circumstances, where delay would cause damage which would be difficult to repair, a Party may take a provisional emergency measure pursuant to a preliminary determination that there is clear evidence that increased imports constitute a substantial cause of serious injury, or threat thereof, to the domestic industry. The Party intending to take such a measure shall immediately notify the other Parties and the Joint Committee thereof. Within 30 days of the date of the notification, the procedures set out in paragraphs 2 to 6, including for compensatory action, shall be initiated. Any compensation shall be based on the total period of application of the provisional emergency measure and of the emergency measure. 9. Any provisional measure shall be terminated within 200 days at the latest. The period of application of any such provisional measure shall be counted as part of the duration of the measure set out in paragraph 5 and any extension thereof. Any tariff increases shall be promptly refunded if the investigation described in paragraph 2 does not result in a finding that the conditions of paragraph 1 are met. 10. Five years after the date of entry into force of this Agreement, the Parties shall review in the Joint Committee whether there is need to maintain the possibility to take safeguard measures between them. If the Parties decide, after the first review, to maintain such possibility, they shall thereafter conduct biennial reviews of this matter in the Joint Committee.

  • Safeguard Measures Neither Party shall take safeguard action against services and service suppliers of the other Party from the date of entry into force of this Agreement. Neither Party shall initiate or continue any safeguard investigations in respect of services and service suppliers of the other Party.

  • Interim Measures 6.1 The Parties acknowledge that the British Columbia Claims Task Force made the following recommendation concerning Interim Measures: