Resource Reprioritization Clause Samples
The Resource Reprioritization clause allows one or both parties to adjust the allocation or focus of resources during the course of a project or agreement. In practice, this means that if priorities shift due to changing business needs, market conditions, or unforeseen circumstances, the parties can formally agree to redirect personnel, funding, or materials to different tasks or deliverables. This clause ensures flexibility and responsiveness, helping to keep the project aligned with evolving objectives and preventing resource bottlenecks or misallocation.
Resource Reprioritization. If Provider becomes aware of a situation where it has failed or reasonably expects to fail (or a Subcontractor has failed or reasonably expects to fail) to comply with the Service Levels, or otherwise with its other obligations hereunder, Provider will use Commercially Reasonable Efforts to reprioritize or reset the schedule for Provider Personnel’s existing work activities without impacting the established schedule for other tasks or the performance of the Services in accordance with the Standard of Care. If an impact cannot be avoided, Provider will promptly notify the applicable Authorized Person of the anticipated impact.
Resource Reprioritization. Upon request from an Authorized Person, State Street will use Commercially Reasonable Efforts to reprioritize or reset the schedule for State Street Personnel’s existing work activities without impacting the established schedule for other tasks or the performance of the Services in accordance with the Standard of Care; provided, however, that if it is not practicable to avoid such an impact, State Street will notify such Authorized Person of the anticipated impact and obtain its consent prior to proceeding with such work activities. Each such BTC Recipient, in its sole discretion, may: (i) forego or delay such work activities; or (ii) temporarily adjust State Street’s work to be performed, the schedules associated therewith or the Service Levels, to permit State Street’s performance of such work activities. State Street will not be responsible for breaches of this Agreement or the relevant Service Modules or be responsible for Losses or Damages, to the extent resulting from a BTC Recipient’s election to so forego, delay or adjust, subject to Section 3.4(a) and (b) above.
Resource Reprioritization. Company may reprioritize or reset the schedule for Services to be performed by Provider Personnel. Unless otherwise agreed by Company, no charge to the Company Entities shall apply for the performance of such Services by Provider Personnel. Provider shall use commercially reasonable efforts to perform such Services without