Key Risks Sample Clauses

Key Risks. Failure to implement the vision in this MOU brings a number of risks. These include: - Reduced ability to get the people of STW to buy into and feel confident in the vision of the ICS;
Key Risks. Failure to implement the vision enshrined in this MoU brings a number of significant risks including: 9.1.1 Reduced ability to establish a new deal the public 9.1.2 Outdated transactional relationships across the sectors 9.1.3 Missing key enablers that connect and mobilise communities 9.1.4 Misunderstanding the real demand and supply issues across the system
Key Risks. 1.2.1 A key element of the project will be to identify and to mitigate against the risks associated with the site and the project. It is not possible to predict everything but a risk log has been created within the project governance supporting documentation. Initial risks identified include those itemised in Table 2. R1 One Public Estate and / or other government funding no longer available Regular contact with OPE Team and OPE are represented on Programme Board and Project Delivery Board. Funding delay or loss is not likely to impact on the project due to the scale and duration of the project. However it will lead to more up front funding being required from partners for the initial work R2 MOD reverse the decision to declare the site for disposal Maintain close engagement with ▇▇▇. Signing the MOU to mitigate against this risk. Maintain engagement between ▇▇▇▇▇▇▇’▇ ▇▇ (▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇), Council Leader, Deputy Leader and CEO with MOD’s Parliamentary Under Secretary of State ▇▇▇▇▇▇ ▇▇▇▇▇▇▇.. Engagement will highlight the Councils ambitions and the effective working to date with MOD R3 Minerals – surveys identify deposits that render significant parts of the site restricted from development MOD and RCC recognise this as a key risk to the project In order to assess the impact on the masterplan the Partnership will: a. Commission an independent minerals survey b. Based on the survey results, agree a strategy to deal with any future mineral extraction c. If safeguarding is agreed, seek to expedite the use of the safeguarded area at the earliest opportunity to allow the site to be restored and developed as soon as possible. d. Through the master planning process, explore the following scenarios: i. No extraction required and site is available for development in its entirety ii. Part of the site is identified as ‘safeguarded’ but will be held for a number of years iii. Plans for the site once returned to use iv. Plans for use of the site in the period prior to excavation e. The agreed outcome will then be built into the master plan i.e. once surveys are completed the masterplan can be updated to reflect the extent of ‘safeguarded’ minerals as well as phasing of when that part of the site might become available. During this period RCC and MOD will liaise with Minerals Companies who may have an interest in order to facilitate an open dialogue and prepare for their potential involvement. R4 Community concerns linked to the proposals Significant and early stakehold...
Key Risks. The ATMS System Provider shall provide as a minimum, the following: i) A description of their risk management process; and ii) Clarity of risks associated with the implementation of the Services, to include their allocation, impact and likelihood and how the ATMS System Provider intends to mitigate the risk to a level acceptable to the Agencies.
Key Risks. The key risks we face when dealing with vulnerable customers are summarised as follows: • Failure to identify customer vulnerability where this may not be obvious, forming inappropriate judgements that then drive the wrong types of behaviour. • Failure to adopt a consistent, customer-centric approach irrespective of whether the customer has a vulnerability, creating a difference in standards of customer service; notwithstanding that we need to respond to individual customer needs. • A poor customer experience leading to misunderstanding of the customers’ requirements and needs resulting in the customers making inappropriate purchases. • Negative customer feedback, complaints and costly remediation when things go wrong. • Reputational damage and loss of market share. • Regulatory intervention, censure or fine.
Key Risks. 12.1.1 The key risks to the achievement of the Partnership’s objectives, and associated mitigations, are:  The action committed to by delivery partners within the Strategy not being delivered or not having the intended effect. This is most appropriately managed via the risk management processes of individual delivery partners. The Partnership’s monitoring and reporting arrangements, as set out in section 13, will, however, ensure that delivery risk is monitored and reported so that corrective action can be taken.  Central Government action/resources are not forthcoming as envisaged in RBC’s Climate Emergency Declaration or are forthcoming in a way which does not align with local priorities and objectives. The Partnership’s communication and engagement plan (as set out in the Strategy) and other relevant actions within the Strategy will seek to mitigate this risk. 12.1.2 RBC accepts a degree of risk in its capacity as host and accountable body for the Partnership. The key risks, and mitigations, in this regard are:  Financial: the Partnership has contractual and other liabilities associated with employment which ultimately sit with RBC. The financial reserves policy outlined at 8.2 is designed to mitigate this risk by covering these liabilities. Observance of RBC financial policies regulations as set out in 8.3 will mitigate other financial risks.  Reputational: inappropriate activity by the Partnership could potentially reflect on RBC in its capacity as host and accountable body. The communications protocol set out in 5.4 is designed to mitigate this risk by ensuring close liaison between the Partnership and RBC over communications.
Key Risks. 11.4.1 Cryptoassets and the market for cryptoassets are still developing, uncertain and subject to sudden changes. Cryptoasset prices may change rapidly, even where the cryptoasset value reflects the value of another asset with a more predictable price. 11.4.2 There may not always be liquidity for cryptoassets, and therefore Users should not assume there will always be a willing buyer for their cryptoassets. Cryptoassets listed on third party marketplaces or exchanges may be delisted with little or no notice. 11.4.3 Cryptoassets carry significant regulatory uncertainty, which may change on little or no notice. Regulatory changes may impact the usefulness, transferability and value of cryptoassets. 11.4.4 Cryptoassets tend to hold far less legal and regulatory protection then traditional assets or currencies, and may not be overseen by any regulator or trusted third party. 11.4.5 Cryptoassets are bearer instruments and payments are irreversible. If lost, misspent, corrupted or stolen, cryptoassets may never be recovered. Owners of cryptoassets must ensure they hold appropriate back ups of their cryptoassets wherever possible. Owners should exercise extreme caution when transacting in cryptoassets and ensure cryptoassets are sent to the intended recipient. 11.4.6 Owners of cryptoassets must ensure they are sufficiently experienced and knowledgeable before taking self-custody of those cryptoassets. Where custody is delegated to a third party, the owner of those cryptoassets should ensure they conduct appropriate due diligence on that third party, and only entrust cryptoassets to reputable custodians. 11.4.7 The tax treatment of cryptoassets is complex and subject to change on little or no notice. 11.4.8 Dealings in TNFTs may be viewed as dealings in the respective Asset for tax purposes. Owners of TNFTs may be considered to have a permanent establishment for tax purposes in the tax jurisdiction in which the Asset is located.
Key Risks. You should be aware that applying to purchase, and the purchase of, cryptocurrency tokens is subject to risks. The risks comprise general risks inherent to the purchase of cryptocurrency tokens generally as well as specific risks related to the Tokens and the Company’s plans to seek widespread adoption of the Tokens. You should not purchase Tokens unless you believe you are an expert in dealing with cryptographic tokens and blockchain based software. You should be familiar with the details of cryptographic digital tokens including Bitcoin and Ether and with Blockchain software based systems. You should have technical knowledge of how to create and operate a software wallet and cold storage hardware wallet, prior to applying to purchase any Tokens. The Company is not offering to provide technical support to Token Holders and in any event cannot retrieve any lost private keys. The Company will not accept responsibility for any lost or stolen Ether or Tokens where that loss arises in connection with your own act or omission. You should consider both the general and specific risks identified below and to the extent you believe necessary consult your lawyer, accountant and taxation advisor. If any of the below risks are unacceptable to you, then you should not purchase Tokens. If, having read, understood and accepted the below risks, you wish to proceed with an Application, you will be expressly agreeing and assuming all risk in the Tokens and will be agreeing not to hold the Company, or any related party, liable for any loss, damages, costs or expenses, whether direct or indirect, consequential or special, arising in connection with the sale of Tokens. The risks set out below are not exhaustive and are not in any particular order of likelihood or importance.