Future Proof Sample Clauses

A Future Proof clause is designed to ensure that a contract remains effective and relevant even as circumstances, technologies, or laws change over time. This clause typically allows for the agreement to be interpreted or updated in light of new developments, such as changes in regulations or the introduction of new technologies that were not anticipated at the time of signing. By including a Future Proof clause, parties can minimize the risk of the contract becoming obsolete or unenforceable, thereby maintaining its intended purpose and adaptability in a changing environment.
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Future Proof. As an option, customers may select TCS’s future proof upgrade package (the “Future Proof Option”) as an add-on to TCS Software Silver Technical Support. TCS’s Future Proof Option enables a customer to take advantage of platform evolution for the TCS software as the operating environment for the TCS software evolves. Specifically, if elected, the customer will be provided future major releases3 of covered TCS software during the annual period of time for which the Future Proof Option has been paid for by the customer. To be eligible to elect the Future Proof Option with any particular TCS software, a customer must be enrolled in and current on any level of TCS Software Silver Technical Support for such TCS software and the customer must have maintained the Future Proof Option for such TCS software each prior year since installation. Under TCS’s standard Future Proof Option, customers remain responsible for any third party software or hardware equipment requirements for any new platform for the TCS software as well as the costs of TCS’s professional services associated with implementing any upgrade for covered TCS software (i.e., installation, training, and travel expenses).
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Future Proof. The AT&T Future Proof upgrade package is an add-on to the software technical support included under this Agreement. Future Proof will enable the Department to take advantage of platform changes in the underlying microDATA software, as the operating environment for that software evolves.
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Future Proof. The network will have the capacity, capabilities, upgradability and scalability to serve the needs of its customers and Members for the usable life of the network.
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Related to Future Proof

  • Future Negotiations If at any time prior to termination of this Amendment the Custodian as a matter of standard business practice, accepts delegation as Foreign Custody Manager for its U.S. mutual fund clients on terms materially different than set forth in this Amendment, the Custodian hereby agrees to negotiate with the fund in good faith with respect thereto.

  • Advice of the Fund and Service Providers If ALPS is in doubt as to any action it should or should not take, ALPS may request directions, advice, or instructions from the Fund or, as applicable, the Fund’s investment adviser, custodian, or other service providers.

  • Replacing Future Benchmarks Upon the occurrence of a Benchmark Transition Event, the Benchmark Replacement will replace the then-current Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Benchmark Replacement is provided to the Lenders without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document so long as the Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Lenders comprising the Majority Lenders. At any time that the administrator of the then-current Benchmark has permanently or indefinitely ceased to provide such Benchmark or such Benchmark has been announced by the regulatory supervisor for the administrator of such Benchmark pursuant to public statement or publication of information to be no longer representative of the underlying market and economic reality that such Benchmark is intended to measure and that representativeness will not be restored, the Borrowers may revoke any request for a borrowing of, conversion to or continuation of Advances to be made, converted or continued that would bear interest by reference to such Benchmark until the Borrowers’ receipt of notice from the Administrative Agent that a Benchmark Replacement has replaced such Benchmark, and, failing that, the Borrowers will be deemed to have converted any such request into a request for a borrowing of or conversion to Alternate Base Rate Advances. During the period referenced in the foregoing sentence, the component of Alternate Base Rate based upon the Benchmark will not be used in any determination of Alternate Base Rate.

  • Other Dealings The Custodian shall otherwise act as directed by Instruction, including without limitation effecting the free payments of moneys or the free delivery of securities, provided that such Instruction shall indicate the purpose of such payment or delivery and that the Custodian shall record the party to whom the payment or delivery is made.

  • Right to Have ▇▇▇▇▇▇▇ Present ‌ (a) An employee shall have the right to have their ▇▇▇▇▇▇▇ present at any discussion with supervisory personnel which the employee believes might be the basis of disciplinary action. Where a supervisor intends to interview an employee for disciplinary purposes, the supervisor shall make every effort to notify the employee in advance of the purpose of the interview in order that the employee may contact their ▇▇▇▇▇▇▇, providing that this does not result in an undue delay of the appropriate action being taken. This clause shall not apply to those discussions that are of an operational nature and do not involve disciplinary action. (b) A ▇▇▇▇▇▇▇ shall have the right to consult with a staff representative of the Union and to have a local union representative present at any discussion with supervisory personnel which the ▇▇▇▇▇▇▇ believes might be the basis of disciplinary action against the ▇▇▇▇▇▇▇, providing that this does not result in an undue delay of the appropriate action being taken.