Potential Risk Sample Clauses

Potential Risk. Managing any large scale event has many potential risks ranging from public safety, crowd management, budget constraints, scheduling conflicts with vendors and artists, promotional issues, and currently COVID-19. These risks if not managed properly can compromise the efficiency and success of the event. To reach the goals and objectives needed for a successful event, Think Rubix has a track record of focusing on consistent and constant means and levels of communication, successful budget management to stay within budget requirements, and providing periodic real time and post event feedback. Think Rubix will mitigate risk by: ➢ Partnering with local law enforcement and health care vendors to provide a public safety and healthcare presence on site. ➢ Providing a key point of contact for the event, as well as providing a number of backup personnel and additional fill in contacts, to always be available to address and answer any issues or concerns. ➢ Providing budget management services to keep all costs within the parameters of the approved budget. ➢ Establishing and implementing a comprehensive event management and Day-of-Event logistic and operational plan. ➢ Following all local guidelines and protocols. ➢ Developing and providing event analytics and processes to manage and measure efficiency in real time, to gather feedback from professional providers and vendors, and to prepare a post event report to measure and evaluate success.
Sample 1
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Related to Potential Risk

  • Financial Risk The Warrantholder has such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risks of its investment, and has the ability to bear the economic risks of its investment.

  • Financial Risks The Purchaser acknowledges that it is able to bear the financial risks associated with an investment in the Shares and that it has been given full access to such records of the Company and the subsidiaries and to the officers of the Company and the subsidiaries as it has deemed necessary or appropriate to conduct its due diligence investigation. The Purchaser is capable of evaluating the risks and merits of an investment in the Shares by virtue of its experience as an investor and its knowledge, experience, and sophistication in financial and business matters and the Purchaser is capable of bearing the entire loss of its investment in the Shares.

  • Hazards The Tenant shall not undertake, or permit his/her family or guests to undertake, any hazardous acts or do anything that will increase the project's insurance premiums. Such action constitutes a material non-compliance. If the unit is damaged by fire, wind, or rain to the extent that the unit cannot be lived in and the damage is not caused or made worse by the Tenant, the Tenant will be responsible for rent only up to the date of the destruction. Additional rent will not accrue until the unit has been repaired to a livable condition.

  • Special Risks or Circumstances City reserves the right to modify these requirements, including limits, based on the nature of the risk, prior experience, insurer, coverage, or other special circumstances.

  • Inherent Managerial Rights The exclusive representative recognizes that the School District is not required to meet and negotiate on matters of inherent managerial policy, which include, but are not limited to, such areas of discretion or policy as the functions and programs of the employer, its overall budget, utilization of technology, the organizational structure and selection and direction and number of personnel.

  • Market Risk The Portfolio acknowledges that any cash collateral provided by a borrower in respect of a securities lending transaction may be invested by Subadviser on the Portfolio's behalf at the Portfolio's risk, and if, upon termination of any loan, the cash collateral held by Subadviser for Portfolio's account is less than the amount required to be returned to the borrower under Subadviser's agreement with the borrower, the Portfolio will provide borrower with cash in the amount of any such deficiency. 3.4.

  • Threats Using service to transmit any material (by e-mail or otherwise) that illegally threatens or encourages bodily harm or destruction of property.

  • Explosion 4. Riot or civil commotion.

  • Pandemic An epidemic that spreads over a wide area, crossing borders and defined as a pandemic by the World Health Organisation (WHO) and/or by the competent local authorities of the country where the loss occurred. Quarantine Isolation of the person, in the event of suspected illness or proven illness, decided by a competent local authority, in order to avoid a risk of spreading said illness in the context of an epidemic or pandemic.

  • Earthquake including land shock waves or tremors before, during or after a volcanic eruption;

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