EMERGING TECHNOLOGY Clause Samples
The EMERGING TECHNOLOGY clause defines how new or rapidly evolving technologies are addressed within the agreement. It typically outlines the parties' responsibilities regarding the adoption, integration, or use of technologies that may not have been fully developed or standardized at the time of contract execution. For example, it may specify procedures for evaluating and incorporating artificial intelligence tools or blockchain solutions as they become available. This clause ensures that both parties have a clear framework for managing technological advancements, reducing uncertainty and potential disputes as new technologies emerge during the contract term.
EMERGING TECHNOLOGY. Delivery to the ICC Contract Counterparty of Supporting Information evidencing any one of the following:
(A) entry by the Emitter into an engineering, procurement and construction contract for the Installation, providing for the supply and installation of the Material Equipment;
(B) entry by the Emitter into an agreement for the supply of the Material Equipment; and
(C) entry by the Emitter into: (i) a framework agreement for the supply of the Material Equipment; and (ii) a binding purchase order for the Material Equipment. For the purpose of this section of Part B, the following definition shall apply to this ICC Contract:
EMERGING TECHNOLOGY. During the course of this contract, equipment technology and testing parameters may evolve that will allow for services to be addressed or handled by the consultant at the request of the County. The Consultant may be requested to provide information to the County, which may be used to amend the contract to reflect the use of such equipment, parameter or service.
EMERGING TECHNOLOGY. Delivery to the Waste ICC Contract Counterparty of Supporting Information evidencing any one of the following:
(A) entry by the Emitter into an engineering, procurement and construction contract for the Installation, providing for the supply and installation of the Material Equipment;
(B) entry by the Emitter into an agreement for the supply of the Material Equipment; and
(C) entry by the Emitter into: (i) a framework agreement for the supply of the Material Equipment; and (ii) a binding purchase order for the Material Equipment. For the purpose of this section of Part B, the following definition shall apply to this Waste ICC Contract:
EMERGING TECHNOLOGY. This is a new clause which recognises the development of new generation and renewable energy technologies and the impact these may have to the operation of Territory Generation. The clause includes provisions for consultation in alignment with the Management of Change clause and provides a commitment that notification will include details of proposed timelines and identify which areas will be impacted. Further the clause provides that where Territory Generation implement and manage new technologies with in-house resources, that appropriate recruitment, training and development opportunities will be provided to develop an in-house capacity to operate and maintain the new technologies. The clause also outlines that Territory Generation will undertake job evaluation or classification review processes to ensure that positions are classified correctly.