Risk Control. 7.1 Party B shall, in accordance with relevant rules and requirements of regulatory authorities, form risk management department and establish sound investment management system and risk control system, inspect and supervise the investment business of Entrusted Assets. It shall inform Party A in a timely fashion of abnormalities or violations in the transactions of the Entrusted Assets. Party A may inspect the establishment and implementation of the investment management and risk control systems by Party B, and Party B shall give adequate cooperation for the risk management measures taken by Party A with regard to Entrusted Assets.
Risk Control. To control the risk of funds, Party B has the duties to assist Party A to complete the following measures:
Risk Control. To determine the mitigation strategy, the Project Team brainstorms using a variety of tools including checklists of risk reduction techniques, cost benefits analysis, and an analysis of alternative approaches. The risk is assigned to an owner, who is primarily responsible for monitoring the specific activities of the mitigation plan for that particular risk. The Project Team reviews the alternatives and reaches consensus on which alternative to pursue. Once a plan is adopted, appropriate actions are taken to implement the plan. A contingency budget is also established within the Risk Management plan in the event the initial mitigation strategy is not successful. Risk Management is an ongoing process throughout the life of the project. Risk mitigation activities are integrated into the Work Breakdown Structure and are reviewed during project meetings and planning sessions. Project Managers are required to review and update risks under their control on a regular basis. On-going Risk Management procedures are included in weekly, monthly and periodic activities.
Risk Control. ~ Seller agrees to provide and maintain an up-to-date Risk Register to Seller for Item(s) purchased under this LTA. The Risk Register shall identify and control those factors which have the potential to interrupt the flow of the Item(s) (such as material availability, obsolescence, long lead items, etc.).
Risk Control. Specific work procedures and work arrangements shall be established to lessen or eliminate risks identified by the assessment. Where elimination of the risks is not possible, the Employer will make every effort to ensure control of the risks will be undertaken.
Risk Control. The Digital Assets in each Isolated-Leverage Account shall not be included as Margin in other Isolated-Leverage Accounts. We shall monitor the Margin Ratio of your Isolated- Leverage Accounts in real time and reserve the right to take measures according to the change in your Margin Ratio. Margin Ratio = Total value of Digital Assets/(total value of liabilities + unpaid service fee) The value of your assets shall be denominated in BTC Total value of assets = current total market value of all Digital Assets in the Isolated- Leverage Account Total value of liabilities = current total market value of all Loans in the Isolated-Leverage Account that have been borrowed but not returned. Unreturned service fee = amount of each Loan * Loan duration as at the time of the calculation * hourly service rate-deducted/returned service fee. When the Margin Ratio of the Isolated-Leverage Account reaches the Warning Line, the system will send a Warning Message to you through the contact information you provided. When the risk rate of your Isolated-Leverage Account reaches the Forced Liquidation Line, the system will automatically trigger a Forced Liquidation, liquidating the positions in the Isolated-Leverage Account held by you and automatically repaying all your Loans. If you have more than one Loan, the repayment will be made in chronological order and the Loan that occurs first will be repaid first. If all the assets in your Isolated-Leverage Account are insufficient to repay all Loans, the Platform shall have the right to recover any owed amounts from you. You shall be aware of the risks of leveraged trading. All losses caused by Forced Liquidation shall be borne by you, including any losses where you did not take appropriate measures to reduce your position after receiving in time after receiving a Warning Message. We reserve the right to manage the total value of the Loans, the maximum amount of Loans, the Warning Line and Forced Liquidation Line. In the event the balance in your Isolated-Leverage Account is negative after a Forced Liquidation, we reserve the right to restrict any transfers and/or from your accounts with us. Any transfers to your Cross-Leverage Account will also be used to pay off any outstanding amounts owed. Annex 3: Interest Rate
Risk Control. (a) If the Market Value of the Purchased Securities subject to any Transaction in which the Central Bank is acting as the Buyer is less than the Margined Amount for such Transaction (the difference being a “Margin Deficit”), then the Buyer may on the valuation date, by giving notice to the Seller, require the Seller to transfer money (“Cash Margin”) or, at the Seller’s option, to transfer Equivalent Securities to the Buyer (“Margin Securities”) so that the aggregate of the Market Value of the Purchased Securities, and any Margin Securities and/or Cash Margin so transferred, shall thereupon equal or exceed the Margined Amount. The remuneration of the Cash Margin account shall take place in accordance with Article
Risk Control. Risk Control (§A.3) involves three individual steps, starting from Risk Analysis output: • The Risk Control Plan: should foresee the involvement of Activity Managers, work package and task Leaders, as well as Subsystem Managers. These members of the project work team closely follow all the activities of their area and they are the best candidates to identify the status of a risk and reduce its probability of occurrence or recover by a damage, by implementing the required countermeasures. • The Risk Monitoring: which is performed continuously and formally tracked in the Quarterly Reports under the following procedure:
Risk Control. The Risk Control should foresee three main tasks: Planning, Monitoring and Resolution. Risk Control Plan Risk Planning identifies the procedures and responsibilities to monitor the risks according to the priorities identified in the Risk Classification phase. It is not a procedure executed only once. Rather it is a task that has to be constantly active. A consistent plan has to be adopted and strictly followed by the assigned persons throughout the duration of the project. This plan involves: • Setting responsibilities for managing the plan itself; • Periodical updates of the plan; • Definition of risk monitoring procedures; • Definition of risk resolution actions. The Risk Control activity operates on an enriched set of information already gathered as part of Risk Analysis. In particular, for each risk the following information should be recorded during its analysis, so that Risk Planning is effective: • Description of the risk; • The situation under which it might occur. As a consequence the Risk Plan has to identify: • Ways to monitor the appearance and evolution of the risk; • Ways to handle the risk upon its appearance; • The responsible for monitoring and handling the risk. This list is created upon identification of the major risks, as provided by the Risk Classification process. As such Risk Planning is an activity tightly coupled with Risk Analysis. Risk Monitoring Risk Monitoring is a continuous activity to monitor the evolution of risks throughout the project’s lifetime and the triggering of actions for confronting either their probability rising or their impact before or after their occurrence. The Risk Monitoring procedure is defined by the Risk Management methodology as part of the Risk Control Plan. An effective monitoring procedure can be the continuous update of the top-ranked risks of the project. This requires the update of all the relevant contributions and evaluations so that the obtained rank is meaningful. Among the top-ranked risks it is important to implement the actions specified in the Risk Plan on the risks that emerge into the list, while the relaxation of countermeasures for very low ranked risks is also a policy that can be considered for effective resource management. This implies that the status of all risks has to be evaluated. The list of the risks, along with their (initial) ranking emerges from the Risk Analysis procedure, and one of the main activities of Risk Monitoring is the update of this list so that new ranking i...
Risk Control. The Project will take several measures to minimize the above mentioned risk. Firstly, Uztransgaz, a state company engaged in transmission and distribution of natural gas in Uzbekistan, will separately construct an external gas pipe that connects between the main trunk gas pipe and the Project site to provide sufficient amount and pressure of gas (not a part of the Project). Although the construction of the external gas pipe is not a part of the Project, JICA will work closely with the executing agency that will coordinate with the relevant ministries and agencies including Uztransgaz during the project implementation phase in order for the construction of the external pipe to be completed before the completion of the Project. If necessary, JICA will request the executing agency to take various necessary actions to achieve the goal. Secondly, in case low gas pressure is observed in spite of installing the external gas pipe between the main trunk gas pipe and the Project site, an additional gas compressor will be installed and it will be used only for emergency case where gas pressure is not adequate (a part of the Project scope). Thirdly, it is confirmed that a letter was issued by Uzbeneftigas, a state company engaged in producing and supplying natural gas, and Uztransgaz, addressed to Uzbekenergo dated July 6, 2015. The letter ensures sufficient amount and pressure of gas necessary for the project operation during the project life and an external gas pipe between the main trunk gas pipe and the Project site will be constructed.
