Downside Sample Clauses

Downside. ▪ Weaker-than-expected earnings and margin delivery. ▪ Stiffer competition in the e-government services space. ▪ Weaker domestic economy. ▪ Prolonged closure of borders that would be a drag on the immigration business. ▪ Potential regulatory hurdles in relation to new product initiatives. Value Proposition ▪ Largest e-government services provider in Malaysia, building, operating and owning the electronic channels to deliver services from various government agencies (JPJ, Police, Immigration, Health Ministry) to individuals and businesses. ▪ Leveraging its extensive market expertise and technology infrastructure, it offers multiple commercial and fintech services that complement its existing technologies that range from insurance, payments, to healthcare. ▪ Regional presence in Philippines, Bangladesh and Indonesia through JVs and Associates. ▪ Strong market positioning with several potential wildcards including Digital Banking, Vaccine Passport, Blockchain and fully-digital driving licence test. Financial Metrics ▪ Despite the pandemic, MYEG was able to grow its total revenue and core earnings by 12% YoY and 9% YoY, respectively in CY20 (vs CY19). ▪ Revenue and EBITDA resilience indicate defensive margins. ▪ Stellar balance sheet health with three consecutive years of net cash position (1Q21: MYR195m). ▪ Consistent dividend payout policy at c.30% of core net profits. ▪ We expect core earnings to grow at 17% CAGR in FY21-23E to MYR405m, driven by a plethora of newly-launched. ▪ innovative services, while capex is to be maintained at MYR100-150m annually during the same period. xxxxxxxxx.xxxxxxx@xxxxxxx-xx.xxx xxxxxxxxx.xxxxxxx@xxxxxxx-xx.xxx Risk Rating & Score¹ 21.0 (Medium) Score Momentum² 0.0 Last Updated 10 Aug 2021 Controversy Score³ (Updated: 10 May 2014) 0 – No reported incidents Business Model & Industry Issues ▪ MYEG is a digital services-centric business, centred around government concessions of portals (primarily IMI, RTD, MOH) and commercial services which complement its existing digital infrastructure with these government departments. ▪ Management has been proactive in diversifying MYEG’s business segments, beyond renewal-based government concessions. Its good working relationship with government divisions and established strong digital infrastructure not only underpin expectations of continued concession renewals but also create a strong barrier to entry for potential new entrants to this sector. ▪ Relative to its peers in software & technolo...
Sample 1
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Downside. The authorized Downside stock of Downside consists of 20,000,000 shares of common stock, no par value, of which 1,230,000 shares are issued and outstanding. All outstanding shares are fully paid and non assessable, free of liens, encumbrances, options, restrictions and legal or equitable rights of others not a party to this Agreement. At closing, there will be no outstanding subscriptions, options, rights, warrants, convertible securities, or other agreements or commitments obligating Downside to issue or to transfer from treasury any additional shares of its Downside stock. None of the outstanding shares of Downside are subject to any stock restriction agreements. There are approximately 47 shareholders of Downside. All of such shareholders have valid title to such shares and acquired their shares in a lawful transaction and in accordance with Colorado corporate law.
Sample 1

Related to Downside

  • Number Resources, Rate Center Areas and Routing Points 13.1 Nothing in this Agreement shall be construed to limit or otherwise adversely affect in any manner either Party’s right to employ or to request and be assigned any Central Office Codes (“NXX”) pursuant to the Central Office Code Assignment Guidelines and any relevant FCC or Commission orders, as may be amended from time to time, or to establish, by Tariff or otherwise, Rate Center Areas and Routing Points corresponding to such NXX codes.

  • Scaling “Scaling,” as used herein, involves:

  • Mileage Measurement Where required, the mileage measurement for LIS rate elements is determined in the same manner as the mileage measurement for V&H methodology as outlined in NECA Tariff No. 4.

  • Step 3 i. The employer shall review the particulars of the complaint as provided by the complainant pursuant to Article E.2.3.b.i. The employer may request further particulars from the complainant. Upon the conclusion of such a review, the employer shall:

  • Bilingual Differential When formally assigned in the employee’s position description, an employee assigned to interpret to or from another language to English will receive a differential of five percent (5%) of base pay.

  • Temperature Measurement Temperature will be measured by the nearest automatic Melbourne Bureau of Meteorology Monitoring Station for example (but not limited to): Melbourne, Moorabbin, Dunns Hill, Melbourne Airport, Frankston, and Point Xxxxxx. At the commencement of each project, the onsite management and employee representatives shall agree which is to be the applicable automatic weather monitoring station.

  • Basement Any leaks or evidence of moisture? Yes No Unknown Does Not Apply Comments:

  • Retrenchment At any time during an individual’s service, the individual may be subject to retrenchment in accordance with the provisions of Article 22 of the Agreement. In such cases, the notice provisions and all other terms of that article shall apply, anything above to the contrary notwithstanding.

  • Wet Weather In the event of wet weather, work in the open will continue until the particular work in hand can no longer be done safely and efficiently. Whilst it is raining, employees will be required to: Continue to work under cover or relocate to alternative work under cover, on site. Obtain materials and services for employees working under cover where there is only minimal exposure to inclement weather. When required, perform emergency and safety work. In addition, work on unexpected breakdowns, which can be corrected in limited time duration. Should a portion of the project be affected by wet weather, all other employees not so affected shall continue working in accordance with award conditions, regardless that some employees may be entitled to cease work due to wet weather. If a halt to productive work occurs due to inclement weather, the parties agree that employees may be relocated to other unaffected sites. Where the above steps are not possible, affected employees may be required to attend tool box meetings, work planning sessions or skills development activities, all of which will count as productive time for payment purposes.

  • Measuring EPP parameters Every 5 minutes, EPP probes will select one “IP address” of the EPP servers of the TLD being monitored and make an “EPP test”; every time they should alternate between the 3 different types of commands and between the commands inside each category. If an “EPP test” result is undefined/unanswered, the EPP service will be considered as unavailable from that probe until it is time to make a new test.

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