Qualitative Effects Clause Samples
The Qualitative Effects clause defines how non-quantifiable impacts, such as reputational harm or loss of goodwill, are considered within the agreement. It typically outlines the circumstances under which these intangible effects are recognized as material, for example, when a party's actions negatively affect the other party's business reputation or customer relationships. This clause ensures that not only measurable financial losses but also significant qualitative damages are acknowledged, thereby providing broader protection and addressing risks that may not be easily quantified.
Qualitative Effects. Prevent environmental pollution, improvement of urban and sanitary living conditions, and mitigation of climate change.
Qualitative Effects. Improvement in the sanitary conditions of residents, improvement in groundwater contamination, and improvement in the satisfaction levels of residents with regard to water supply and sanitation services.
Qualitative Effects. The improvement in the efficiency, competitiveness, and sustainability of the power sector; the improvement in the transparency and efficiency of public financial management; and the improvement of the investment environment
Qualitative Effects. Improvement of efficiency of passenger and freight transport by reducing traffic congestion, and promotion of economic development and international competitiveness in Hanoi and its surroundings.
Qualitative Effects. Health promotion of local residents; poverty reduction through participation in economic activities as a result of health promotion
Qualitative Effects. The capacity enhancement for sustainable watershed management, environmental conservation (decrease in flood frequency at a lower reaches of a river, soil conservation, forest rehabilitation, etc.), the improvement of livelihoods of upland dwellers and the empowerment of the poor
Qualitative Effects. Improvement of safety of railway service and the streamlining of operation and maintenance of train cars
Qualitative Effects. An increase in tourism revenues,7 creation of employment opportunities, and climate change mitigation
Qualitative Effects. Promoting economic growth, stimulating industry, helping to stabilize resident life with a stable power supply, mitigating climate change
Qualitative Effects. The Project eases serious congestion in Metro Manila, and mitigates air pollution and climate change.