Rationalisation Sample Clauses

The Rationalisation clause allows a party to reorganize or streamline its business operations, such as by consolidating departments, automating processes, or eliminating redundant roles. This clause typically applies to employment or commercial contracts, where an employer or service provider may need flexibility to adapt to changing business needs or market conditions. Its core practical function is to provide a clear legal basis for making operational changes that could affect existing arrangements, thereby reducing the risk of disputes and ensuring both parties understand the circumstances under which such changes may occur.
Rationalisation. 1. The general agreement concluded between the federations shall be observed as part of this collective agreement. 2. Time and motion studies shall comply with the principles stipulated in the general agree- ment concluded between the federations. Communications within the enterprise shall comply with the regulations of the general agree- ment concluded between the federations.
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Rationalisation. 53.1 The parties note that the Chief Minister’s Department will undertake a review of current allowances in the ACTPS, including allowances provided for in this Agreement. The principal objective of this Review is the simplification, consolidation and rationalisation of these allowances. This will be undertaken in consultation with nominated employee representatives. 53.2 The review will be completed by December 2008. 53.3 The parties will consult about the progress of this review and about the possible implications for the Agency and its employees of the outcomes of the review. 53.4 The parties will consult on the outcomes of this review and the implications for the Agency. No outcomes will be implemented within the Agency without the agreement of the parties.
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Rationalisation. Achieve Centre of Excellence (through amalgamation of NRA and RPA) in procurement, engineering and planning to deliver services to others. Publication of legislation end Q1 2012
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Rationalisation. Critical review and proposal of options for merger of: - a) Medical Bureau of Road Safety and State Laboratory b) Safety functions of Railway Safety Commission, Road Safety Authority and Maritime Safety Directorate Q2 2012
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Related to Rationalisation

  • Seizures Any portion of the Collateral shall be seized or taken by a Governmental Body, or any Borrower or the title and rights of any Borrower or any Original Owner which is the owner of any material portion of the Collateral shall have become the subject matter of claim, litigation, suit or other proceeding which might, in the opinion of Agent, upon final determination, result in impairment or loss of the security provided by this Agreement or the Other Documents;

  • Seizure all or a material part of the undertaking, assets, rights or revenues of, or shares or other ownership interests in, any Security Party are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any Government Entity; or

  • Expropriation Neither Party shall expropriate or nationalize, either directly or indirectly through measures equivalent to expropriation or nationalization (hereinafter referred to as "expropriation") against investments of investors of the other Party in its territory, unless the following conditions are met: (a) for the public interest (15); (b) under domestic legal procedure; (c) without discrimination; and (d) against compensation.

  • Corrective Measures If the Participating Generator fails to meet or maintain the requirements set forth in this Agreement and/or the CAISO Tariff, the CAISO shall be permitted to take any of the measures, contained or referenced in the CAISO Tariff, which the CAISO deems to be necessary to correct the situation.

  • Mitigation Measures Company shall take commercially reasonable measures (except measures causing it to incur out-of-pocket expenses which BNYM does not agree in advance to reimburse) to mitigate losses or potential losses to BNYM, including taking verification, validation and reconciliation measures that are commercially reasonable or standard practice in the Company’s business.