Risk Mitigation Sample Clauses

Risk Mitigation. In order to reduce the risk of loss to which Bank is subject under this Part III, Bank may in its sole discretion establish such risk mitigation procedures as Bank deems reasonably necessary, including without limitation, requiring personal guaranties of Customer’s principals, prefunding of credit Entries, delayed availability of funds to Customer to cover returned debit Entries, and submission of balanced or unbalanced files (e.g., submission of a credit file for which Bank shall then create the offsetting debit file.)

Risk Mitigation. As an early activity of the Predevelopment Work, provide a draft risk management Plan, and then conduct facilitated risk workshops with MDOT to evaluate the potential risks to the Work and develop and prioritize potential methods of eliminating, minimizing, mitigating or managing these risks. Potential strategies may include: (a) collecting additional MDOT, Governmental Entity and third party background materials; (b) obtaining additional field data (surveys, borings, test holes, etc.); (c) performing additional studies and engineering analyses (constructability reviews, alternative evaluations, mitigation studies, innovative design or construction techniques, etc.); (d) developing portions of the design more completely than what may be only minimally required for a determination of price reasonableness to ensure a full understanding of all Work requirements; (e) determining the required Limits of Disturbance ("LOD") and ROW needs for all Work, any ROW needed, and required Governmental Approvals for any additional LOD and ROW identified; (f) commencing certain activities early (property acquisition, Utility Adjustments, etc.) subject to constraints including but not limited to NEPA constraints, right-of-entry to properties, permit conditions and Governmental Approvals; (g) developing protocols, standard operating procedures, specifications, agreements, and any other mechanisms or processes required to ensure environmental compliance and mitigate the risk of the permit acquisition process; (h) identifying Governmental Approvals and third party approvals with a potential to impact the schedule and collaborate with these parties on mitigative actions; and (i) applying lessons learned from similar work performed for MDOT and from other similarly complex projects. Beyond the initial risk workshop, the identification, assessment, avoidance, minimization and mitigation of risk is a continuous activity and the responsibility of the Phase Developer throughout the Predevelopment Work with the goal of developing a Committed Section Proposal which effectively addresses all potential risks.

Risk Mitigation. State Street shall use commercially reasonable efforts to manage, control and remediate any threats identified in the Risk Assessments that it believes are likely to result in material unauthorized access, copying, use, processing, disclosure, alteration, transfer, loss or destruction of Client Data, consistent with the Objective, and commensurate with the sensitivity of the Client Data and the complexity and scope of the activities of State Street pursuant to the Agreement.

Risk Mitigation. Custodian will use commercially reasonable efforts to manage, control and remediate any threats identified in the Risk Assessments that are likely to result in material unauthorized access, copying, use, processing, disclosure, alteration, transfer, loss or destruction of Fund Confidential Information, consistent with the Objective, and commensurate with the sensitivity of the Fund Confidential Information and the complexity and scope of the activities of Custodian pursuant to the Agreement.

Risk Mitigation. A crucial role of a CCP is to monitor and manage counterparty credit risk (the risk that a counterparty does not fully meet its financial obligations under the contract), liquidity risk (the risk that a counterparty has an insufficient amount of funds to meet its obligations under the contract) and market risk (the risk of financial loss as a result of valuation and price changes). CCPs manage these 165 Variation margin will be discussed in greater detail below. See also, ▇▇▇▇▇▇▇▇▇ et al (n 164) 1 at 7. 166 Eurex Clearing, “Margining Process” (accessed 15 June, 2020), available at: ▇▇▇▇▇://▇▇▇. ▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇▇▇▇▇-▇▇/▇▇▇▇-▇▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇. 167 ▇▇▇▇▇▇ (n 148) 49-50. risks by holding pre-funded and segregated financial resources in the form of initial margin, variation margin and default fund contributions.168 However, if a party defaults, the CCP then becomes the counterparty to the defaulted position and as such, must continue to meet the various obliga- tions to its surviving participants. The CCP can therefore face a potential loss from present and future changes in the value of the defaulting participant’s portfolio until it is able to close-out or liquidate that participant’s position(s). To contain a clearing member’s default within the CCP and prevent contagion across the market, CCPs rely upon a so-called ‘default waterfall’ to cover any resulting losses.169

Risk Mitigation. (a) To the extent not already in place, the Managing GP shall cause the Partnership to enter into a Covered Bond Swap Agreement at the time of issuance of each Series or Tranche of Covered Bonds and an Interest Rate Swap Transaction at the time of each transfer of Portfolio Assets to the Covered Bond Portfolio, in each case, the purpose or effect of which is to materially mitigate the Partnership’s risk of financial loss or exposure from fluctuations in interest rates or currency exchange rates affecting, or which may come to affect, its obligation to make one or more payments. (b) Notwithstanding the foregoing, Covered Bond Swap Agreements entered into as required pursuant to Section 9.10(a) may be structured to allow for the postponement of cash flows thereunder until the Covered Bond Swap Effective Date.

Risk Mitigation. In addition to the Outages contemplated in this Agreement, Outpayce has the right to interrupt the use of the Payment Platform and/or the Payment Solutions if Outpayce believes that (a) there is a security, compliance and/or legal risk, or (b) if any Service Recipient is causing technical problems, damage or interruption to the Payment Platform, results in inefficient or improper use of the Payment Platform, or is negatively influencing the provision of Payment Solutions or Professional Services to other customers.

Risk Mitigation. Upon execution of the Development Supply Agreement, with input and advice from Regeneron, Kiniksa shall develop a risk mitigation plan and supply chain strategy intended to ensure continuous uninterrupted supply of Product. With input and advice from Regeneron, Kiniksa shall update such plan upon execution of the Commercial Supply Agreement, and from time-to-time as may be necessary during the Term. In addition, at all times during the Term, Regeneron will ensure that it maintains supplies of raw materials sufficient to Manufacture quantities of the Product in accordance with any firm order requirements of Kiniksa in the Supply Agreements.

Risk Mitigation. (1) To the extent not already in place, the Managing GP shall cause the Partnership to enter into a Covered Bond Swap Agreement at the time of issuance of each Series or Tranche of Covered Bonds and an Interest Rate Swap Transaction at the time of each transfer of Loans and their Related Security to the Portfolio, in each case, the purpose or effect of which is to materially mitigate the Partnership’s risk of financial loss or exposure from fluctuations in interest rates or currency exchange rates affecting, or which may come to affect, its obligation to make one or more payments, in accordance with Section 4.5 of the CMHC Guide. (2) Notwithstanding the foregoing, Swap Agreements entered into as required pursuant to Section 9.9(a) may be structured to allow for the postponement of cash flows thereunder until the Covered Bond Swap Effective Date or the Interest Rate Swap Effective Date, as applicable.