Viability Sample Clauses
The Viability clause defines the conditions under which a project, product, or agreement is considered feasible and sustainable. Typically, this clause outlines specific benchmarks, performance metrics, or financial thresholds that must be met to continue with the arrangement. For example, it may require that a minimum level of funding is secured or that certain technical milestones are achieved within a set timeframe. Its core practical function is to provide a clear standard for assessing whether it is reasonable to proceed, thereby protecting parties from investing further resources in an unworkable or unprofitable venture.
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Viability. To Nano’s knowledge, it has sufficient resources, financial and otherwise, to satisfy each of its obligations hereunder and under the Supply Agreement as each comes due.
Viability. It is recorded that the Seller will only proceed with the erection of the building/s comprising the scheme if such a number of units in the sectional title scheme of which the Property will form part are sold as will, in the sole and absolute discretion of the Seller, make the development viable. If the Seller, in its sole and absolute discretion, determines that the development will not be viable the Seller shall be entitled, by written notice to the Purchaser to that effect, to unilaterally cancel this agreement in which event the parties will be reinstated in the status quo ante the entering into of this agreement.
Viability. The firm shall have been assessed as financially viable, meeting minimum creditworthiness checks and have no outstanding tax and social security obligations at the time of the application for purchasing a workshop, unless such obligations have been either postponed or restructured by the government.
Viability. The District initially anticipates that the foregoing change in payroll cycle must be processed manually to ensure viability of this payroll processing option, with the intent that the process be partially or fully automated at a later date. During this initial period, with initial testing to occur in January 2024, the parties recognize that flexibility and accuracy are of ultimate importance, and agree to meet and discuss any observed issues as needed to ensure that the process is fully tested and vetted before implementing an automated solution. Joint communications concerning progress reports and potential implementation will be sent at least twice during the testing period, e.g. at launch and prior to full implementation.
Viability. If any provision of this Agreement for any reason is deemed to be non-enforceable, it will be adjusted rather than declared invalid, if possible, to achieve the intention of the parties. All other provisions of this Agreement will be deemed valid and as possible.
Viability. With the introduction of the Project Viability Calculator as a tool to assess the likelihood of projects achieving successful operation come some opportunities for the Energy Division and the IOUs to evaluate its use and possibly implement improvements for the future. • There is an opportunity to refine the scoring guidelines for the Calculator. It became evident that reasonable people scoring offers could arrive at different interpretations of the guidelines, and that there are gray areas that require judgment. For example, one scorer might regard a developer’s prior experience constructing and operating small photovoltaic installations that reside on a customer’s premises beyond the meter as the basis for a high score on Project Development Experience, while 17 For the actual Offer in question, the valuation of the straight PPA with no buyout option exercise was much lower but still above the value cutoff so the concern ▇▇▇▇▇▇ expresses is relevant for future solicitations but not for the current situation. another scorer might view these projects as not representing “wholesale generation” and therefore assign a zero score.18 Similarly, one scorer might view a photovoltaic project for which the developer estimates direct net irradiance based on publicly available government-published data for a nearby weather station as deserving a score of 10 for Resource Quality, while another scorer might assign a 5 to the same Offer because it does not cite a third-party resource assessment or measured irradiance at a comparable photovoltaic facility in the region. • Even if the text of the scoring guidelines is not revised, there is an opportunity for the PG&E team to move towards a more uniform interpretation of the guidelines among scorers. This might be as simple as a pre-RFO internal workshop to discuss gray areas in the guidelines and come to some common understanding of how best to deal with ambiguities. Or it might be a chapter in PG&E’s internal protocol for Project Viability that outlines additional guidance to clarify how the team might best deal with ambiguities or gray areas in the Calculator scoring guidelines. In the 2009 RFO, the PG&E team made substantial efforts to achieve consistency in scoring, and some of these ambiguities became evident only after internal review of preliminary scores led the team to revise them to improve the consistency of scoring; it is clearly a challenge for any team of scorers to approach perfect uniformity. • The Calculat...
Viability. The Company may suspend access to NeoRehab if a Claim is made that:
(a) alleges that the continued provision of NeoRehab infringes the rights of any person;
(b) exposes the Company to liability prosecution for an offence or liability to a statutory penalty.
Viability. The Licensor may discontinue or suspend access to the Licensed Material if:
1. the ability to provide the Licensed Material is restricted or altered in such a way that the Licensor considers it is impractical, impossible or not commercially viable to continue to provide the Licensed Material; or
2. a claim is made that:
Viability. In determining the viability of the District Energy System the energy, environmental, economic, and terms of use viability will be considered as will the level of OHSU’s commitment to the development of and participation in such a system for its Schnitzer Campus.
Viability. HOA and City agree that in order to determine the viability of incorporating the Pole Patch Water System into the City’s culinary water system, certain studies must be performed and reviewed by the Parties. Based on the results of said studies, Parties will then determine whether proceeding with the incorporation is viable for each Party.