OPERATIONAL COMPLIANCE Clause Samples
The Operational Compliance clause requires parties to adhere to specific operational standards, procedures, or regulations relevant to the agreement. In practice, this may involve following industry best practices, maintaining certain certifications, or ensuring that all activities are conducted in accordance with applicable laws and internal policies. The core function of this clause is to ensure that all parties maintain a consistent and acceptable level of performance and legal compliance, thereby reducing the risk of operational failures or regulatory breaches.
OPERATIONAL COMPLIANCE. Auxiliary agrees to maintain and operate its organization in accordance with all applicable laws, regulations and CSU and Campus rules, regulations and policies. Failure of Auxiliary to comply with any term of this agreement may result in the removal, suspension or probation of Auxiliary as an auxiliary organization in good standing. Such action by CSU may result in the limitation or removal of Auxiliary's right to utilize the CSU or campus name, resources and facilities (CCR tit.5, §42406).
OPERATIONAL COMPLIANCE. Each Benefit Plan has been administered in all material respects in accordance with its terms and all Applicable Laws, and, except as set forth in SCHEDULE 3.10, each Benefit Plan intended to be qualified under Section 401(a) of the Code is so qualified and is, as most recently amended, the subject of a favorable determination letter as to its qualification. No event has occurred and no condition or set of circumstances exists in connection with which the Company or any Subsidiary could be directly or indirectly subject to any Encumbrance or loss of Tax deduction under ERISA or the Code or under any agreement, instrument, statute, rule of law or regulations pursuant to or under which the Company or any Subsidiary has indemnified or is required to indemnify any Person against any such liability (except liability for benefit claims and funding obligations payable in the ordinary course).
OPERATIONAL COMPLIANCE. The Administration Committee will administer ▇▇▇▇ Elective Deferrals in accordance with applicable regulations or other binding authority not reflected in this Section 14. Any applicable regulations or other binding authority shall supersede any contrary provisions of this Section 14.
OPERATIONAL COMPLIANCE. The Plan Administrator will administer ▇▇▇▇ Elective Deferrals in accordance with applicable regulations or other binding authority.
OPERATIONAL COMPLIANCE. Except as set forth on the schedules to the Local Purchase Agreements, Owners are in material compliance with all applicable Environmental Laws and Regulations and has not been notified by any regulatory authority that any Seller Local Entity was, may be or is in violation of or has liability or potential liability under the Environmental Laws. Owners have provided to Purchasers true and complete copies of all inspection reports, letters, stop orders and communications issued or released by any environmental agency relating to the Global Business which have been received by a Seller Local Entity, or sent or issued by any such agency within the past three (3) years.
OPERATIONAL COMPLIANCE. Further to Section 4.1, the Company shall at all times satisfy the following obligations:
(a) construction of the Complex shall be carried out so as to result, both during construction and operation, in the minimum impairment of downstream water volumes and in a manner consistent with Prudent Utility Practices;
(b) operation of the Complex shall be carried out so that water shall not be impounded or flow affected in any adverse respect for more than [ ] hours in any continuous twenty-four (24) hour period;
(c) any structure to be used to dam the flow of the Water Resource shall be designed, constructed, operated and maintained in accordance with Provincial Consents, Prudent Utility Practices and shall comply with the Laws of Pakistan and such of the Standards as are applicable to such structures; and
(d) the use by the Company of the Water Resource is restricted exclusively to the purposes described in Section 3.1 of this Agreement and is in all respects subject to the Restrictions, Pre-existing Upstream Impoundments/Diversions, the Agricultural Water Uses and Industrial Water Uses.
OPERATIONAL COMPLIANCE. The Data Center Facility complies with all Applicable Laws regarding safety, electrical systems, and environmental standards relevant to hosting computer hardware.
OPERATIONAL COMPLIANCE. Up to thirty percent (30%) of the Maximum Incentive Fee may be awarded based on key performance indicators, including without limitation:
(A) The extent to which SMG has complied with this Amended Agreement and the Operations Manual, including maintenance and operation of the Center;
(B) The extent to which SMG has made good faith efforts to meet the CBE participation goals set forth in this Amended Agreement;
(C) The extent to which SMG utilizes County’s tax exempt status for purchase of qualifying goods, materials, and equipment, and other goals and objectives as established by the Contract Administrator pursuant to Section 9.2.2 of this Amended Agreement;
(D) To assist in the evaluation of SMG’s performance the County may utilize a KPI Calculation Worksheet, a sample of which is attached as Exhibit C.
OPERATIONAL COMPLIANCE. This measure is a balanced scorecard of the following measures: This measures that Deliverables are only left safe or as instructed when customer requests are detailed on the Equipment. This measures that the relevant member of Personnel has followed the sequence on the Equipment. The sequence underpins the messages that are sent to Amazon customers and ensures customers receive Deliverables as advised. This measures the relevant member of Personnel's compliance with the ETA messaging that the customer has received regarding the time window of delivery.
OPERATIONAL COMPLIANCE. Each Employee Plan has been maintained, operated, and administered in material compliance with its terms and any related documents or agreements and in material compliance with any and all applicable state and federal and in the case of INSO KK, ViewPort and Synex, foreign laws, rules and regulations, including but not limited to ERISA, the Code and COBRA.