Operational Continuity Clause Samples

Operational Continuity. Contractor warrants that it will perform without relief notwithstanding being sold or acquired; no such event will operate to mitigate or alter any of Contractor’s duties hereunder absent a consented delegation under paragraph 7.3. [Assignment and Delegation] that expressly recognizes the event.
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Operational Continuity. Asia Netcom will provide regular updates on the status of work, activity levels, development work and overall spending. In addition, certain investment projects identified by EAN Network will be subject to Capital Expenditure review and approval policies, which will include scope, rate of return, functionality milestones reviews, etc.
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Operational Continuity. ▪ Apollo develops and maintains business continuity, backup, and disaster recovery plans (collectively, “BC/DR Plans”) to minimize service disruptions and ensure compliance with applicable laws. ▪ The BC/DR Plans address potential threats to Offerings and their dependencies and establish procedures for resuming Offerings access and usage. ▪ Apollo conducts regular testing of the BC/DR Plans at predetermined intervals.
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Operational Continuity. (a) The Contractor acknowledges and agrees that the Principal's Airport is to remain fully operational throughout the Contract Works acknowledging that the Principal will provide the Contractor access to defined parts of the Airport for the purposes of carrying out the Contract Works during defined hours of works and such defined parts will change in accordance with an agreed works programme as set out in the Method of Works Plan. (b) The Contractor acknowledges that this is a fundamental requirement for the undertaking of the Contract Works by the Contractor.
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Operational Continuity. SHELL agrees to work with PLAINS to ensure that the operations of the SHELL Property are efficiently transferred to PLAINS so that PLAINS has adequate manpower and the expertise necessary to operate the SHELL Property at the time of transfer. SHELL agrees with PLAINS to enter into the Services Contract set forth on Schedule 25(r).
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Operational Continuity. 5.23.1 The Contractor acknowledges and agrees that the Site and areas adjacent to or in the vicinity of the Site are part of an operational Airport (including buildings, plant, equipment, services, and utilities associated with the Airport) that are to remain operational during the performance of the Contract Works. 5.23.2 The Contractor further acknowledges and agrees that it is of fundamental importance that the Contract Works do not in any way (directly or indirectly) interrupt or disturb the ongoing operation of the Airport other than as required by the Contract Works and agreed with the Engineer (including the interruption or disturbance of any service and/or utility needed by such facilities), and the Contractor will take all steps necessary (including restricting noise, dust, vibration and traffic movement) to ensure that the Contract Works do not in any way interrupt or disturb the operation of the Airport other than as required by the Contract Works and agreed with the Engineer. 5.23.3 The Contractor shall take all steps and precautions necessary to ensure the continuous operation and provision of all services and utilities that may be affected in any way by the Contract Works and to avoid any disruption of services or utilities caused directly or indirectly by the Contract Works other than as required by the Contract Works and agreed with the Engineer. 5.23.4 The Contractor warrants and undertakes to the Principal that it has made full allowance in the Contract Price for complying with the requirements of 5.23 and that the Contractor is not entitled to, and will not make, any claim for a Variation for complying with 5.23 6.7.7 – 6.7.9 ADD new clauses 6.7.7 to 6.7.9 as follows:
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Operational Continuity. From June 30, 2001, through the Closing Date: (A) The Gold Ranch RV Resort business of the Owner has been and will be conducted in the usual and ordinary course as theretofore conducted in accordance with sound and prudent business practice; (B) The Owner has not and will not, without Last Chance's prior written approval: (1) take any action, or permit any event or condition to occur which would materially affect the value of the Owner's Gold Ranch RV Resort business, assets or FF&E, (2) enter into any material agreement, contract, commitment or undertaking, (3) alter any existing Agreement, including the RV Park Lease, (4) increase or decrease materially its level of inventory, (5) disposed of or alter any material asset or any material amount of its assets, or (6) institute any material litigation, claim or other proceeding before any court or governmental authority; (C) All books and records of the Owner have been and will be maintained completely and accurately without any change in accounting methods or practices except as specifically approved by Last Chance; and (D) Owner shall maintain, and the Owner has and shall have maintained, the good will of, and good business relations with, the Owner's employees, agents, contractors, suppliers, customers and others having business relationships with it, so as to keep such fully available to Last Chance after the Closing Date.
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Operational Continuity. Each year an Annual Operating Plan (AOP) will be prepared by PMMC's Information Technology services working with Kraft's functional leaders. - At least once a quarter, PMMC's Information Technology services will provide an update on the status of work, activity levels, development work and overall spending. In addition, certain investment projects identified by Kraft will be subject to Capital Expenditure review and approval policies, which will include scope, rate of return, functionality milestones reviews, etc.
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Operational Continuity. (a) the extent to which all relevant internal and external, financial and operational interdependencies have been identified by reference to all relevant services, roles, including staff, and mapped to legal entities, critical functions, core business lines and related contractual arrangements; (b) the extent to which adequate operational arrangements are in place to ensure the continuity of relevant services that are necessary for preserving critical functions, and the core business lines necessary for the effective implementation of the resolution action and any consequent restructuring, in particular by facilitating possible transfers of assets, rights or liabilities, roles and staff; (c) the extent to which risks to operational continuity in resolution have been comprehensively assessed, including qualitative and quantitative information that allows to identify the criticality of relevant services, including the impact of interruption or discontinuance of relevant services in resolution and their substitutability; (d) the extent to which risks to operational continuity have been effectively mitigated and the presence of measures to improve preparedness for resolution, including with regards to the enforcement of continuity arrangements with external third party providers of relevant services;
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Related to Operational Continuity

  • Operational Control Directing the operation of the Transmission Facilities Under ISO Operational Control to maintain these facilities in a reliable state, as defined by the Reliability Rules. The ISO shall approve operational decisions concerning these facilities, made by each Transmission Owner before the Transmission Owner implements those decisions. In accordance with ISO Procedures, the ISO shall direct each Transmission Owner to take certain actions to restore the system to the Normal State. Operational Control includes security monitoring, adjustment of generation and transmission resources, coordination and approval of changes in transmission status for maintenance, determination of changes in transmission status for reliability, coordination with other Control Areas, voltage reductions and Load Shedding, except that each Transmission Owner continues to physically operate and maintain its facilities.

  • Business Continuity Registry Operator shall maintain a business continuity plan, which will provide for the maintenance of Registry Services in the event of an extraordinary event beyond the control of the Registry Operator or business failure of Registry Operator, and may include the designation of a Registry Services continuity provider. If such plan includes the designation of a Registry Services continuity provider, Registry Operator shall provide the name and contact information for such Registry Services continuity provider to ICANN. In the case of an extraordinary event beyond the control of the Registry Operator where the Registry Operator cannot be contacted, Registry Operator consents that ICANN may contact the designated Registry Services continuity provider, if one exists. Registry Operator shall conduct Registry Services Continuity testing at least once per year.

  • Operational Contacts Each Interconnection Party shall designate, and provide to each other Interconnection Party contact information concerning, a representative to be responsible for addressing and resolving operational issues as they arise during the term of the Interconnection Service Agreement.

  • Business Continuity Plan The Warrant Agent shall maintain plans for business continuity, disaster recovery, and backup capabilities and facilities designed to ensure the Warrant Agent’s continued performance of its obligations under this Agreement, including, without limitation, loss of production, loss of systems, loss of equipment, failure of carriers and the failure of the Warrant Agent’s or its supplier’s equipment, computer systems or business systems (“Business Continuity Plan”). Such Business Continuity Plan shall include, but shall not be limited to, testing, accountability and corrective actions designed to be promptly implemented, if necessary. In addition, in the event that the Warrant Agent has knowledge of an incident affecting the integrity or availability of such Business Continuity Plan, then the Warrant Agent shall, as promptly as practicable, but no later than twenty-four (24) hours (or sooner to the extent required by applicable law or regulation) after the Warrant Agent becomes aware of such incident, notify the Company in writing of such incident and provide the Company with updates, as deemed appropriate by the Warrant Agent under the circumstances, with respect to the status of all related remediation efforts in connection with such incident. The Warrant Agent represents that, as of the date of this Agreement, such Business Continuity Plan is active and functioning normally in all material respects.

  • Business Continuity Planning Supplier shall prepare and maintain at no additional cost to Buyer a Business Continuity Plan (“BCP”). Upon written request of Buyer, Supplier shall provide a copy of Supplier’s BCP. The BCP shall be designed to ensure that Supplier can continue to provide the goods and/or services in accordance with this Order in the event of a disaster or other BCP-triggering event (as such events are defined in the applicable BCP). Supplier’s BCP shall, at a minimum, provide for: (a) the retention and retrieval of data and files; (b) obtaining resources necessary for recovery, (c) appropriate continuity plans to maintain adequate levels of staffing required to provide the goods and services during a disruptive event; (d) procedures to activate an immediate, orderly response to emergency situations; (e) procedures to address potential disruptions to Supplier’s supply chain; (f) a defined escalation process for notification of Buyer, within two (2) business days, in the event of a BCP-triggering event; and (g) training for key Supplier Personnel who are responsible for monitoring and maintaining Supplier’s continuity plans and records. Supplier shall maintain the BCP and test it at least annually or whenever there are material changes in Supplier’s operations, risks or business practices. Upon ▇▇▇▇▇’s written and reasonable request, Supplier shall provide Buyer an executive summary of test results and a report of corrective actions (including the timing for implementation) to be taken to remedy any deficiencies identified by such testing. Upon ▇▇▇▇▇’s request and with reasonable advance notice and conducted in such a manner as not to unduly interfere with Supplier’s operations, Supplier shall give Buyer and its designated agents access to Supplier’s designated representative(s) with detailed functional knowledge of Supplier’s BCP and relevant subject matter.