THE RISK Sample Clauses

THE RISK. Driving under the influence is a factor in one of every four fatal teen crashes. Teen initial ✓ I agree that I will never drink or use drugs and drive. ✓ I understand that Texas has a ZERO TOLERANCE law that says it’s illegal for drivers under 21 to have any measurable alcohol in their blood. ✓ I agree that I will never ride in a car with someone who has been drinking or using drugs. ✓ I agree to call you if I am ever in a situation where I feel it is unsafe for me to drive, or unsafe for me to ride with someone else. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break Texas law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: Parent initial Your safety is my #1 priority and I will be there when you need me. I agree to come and get you wherever you are whatever the time of day or night if you are not able to get home because you are following our rules AND the law regarding driving under the influence. I also promise to be a role model and lead by example, never getting behind the wheel after having even one drink. Safety Belts THE RISK: Teens have the lowest safety belt use of all drivers and are more likely to forget or decide not to buckle up when there are other teens in the car. Teen initial ✓ I agree to wear my safety belt at all times. ✓ I agree that I will not start the car until all passengers are buckled up. No exceptions. ✓ I agree that I will not ride in a car as a passenger without buckling up. ✓ I agree that I will not ride in a car where the driver and other passengers are not buckled up. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break Texas law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: Parent initial I promise to be a role model and lead by example by always wearing my seat belt and enforcing safety belt rules with my passengers on every ride. Passengers
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THE RISK. The number of passengers in a teen’s vehicle is a major risk factor in teen crashes. The risk of a fatal crash increases by 100% for each additional teen passenger when a teen is driving. Per mile driven, the crash rate for teens driving at night with passengers is 4 to 5 times higher than teens driving alone during the day. Teen initial ✓ I will follow the Texas law about carrying passengers and agree not to have more than one passenger in the car under the age of 21 who is not a family member. This rule will remain in place for 12 months from the date I get my license. ✓ I will follow the law and will not be a passenger in a vehicle with a friend who is still subject to GDL laws and has another passenger under the age of 21 who is not a family member. ✓ I agree not to be a passenger in any vehicle where I do not feel comfortable or safe. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break Texas law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: Parent initial Your safety is my #1 priority and I will be there when you need me. I will pick you up or arrange for safe transporta- tion home, regardless of the situation or time of your call. As your passenger, I will share observations and coach- ing in a calm, respectful manner. Cell Phones
THE RISK. The number of passengers in a teen’s vehicle is a major risk factor in teen crashes. The risk of a fatal crash increases by 100% for each additional teen passenger when a teen is driving. Per mile driven, the crash rate for teens driving at night with passengers is 4 to 5 times higher than teens driving alone during the day. Teen initial ✓ I will follow the New Mexico law about carrying passengers. I agree that I will not transport more than one person below the age of 21 who is not a family member. ✓ I will follow the law and will not be a passenger in a vehicle with a friend who is still subject to GDL laws and has another passenger under the age of 21 who is not a family member. ✓ I agree not to be a passenger in any vehicle where I do not feel comfortable or safe. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break New Mexico law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: Parent initial Your safety is my #1 priority and I will be there when you need me. I will pick you up or arrange for safe trans- portation home, regardless of the situation or time of your call. As your passenger, I will share observations and coaching in a calm, respectful manner. Cell Phones THE RISK: Teen drivers are vulnerable to driving distractions such as talking or texting on cell phones, which increase the chance of getting involved in serious vehicle crashes. Teen initial ✓ I agree that if I need to use my cell phone, I will pull over to a safe location away from traffic before I use my phone. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break New Mexico law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: Parent initial I understand that cell phones present a distraction to all drivers. I also agree that if I need to use my cell phone, I will pull over to a safe location away from traffic before I use my phone. Distractions THE RISK: Teen drivers are especially susceptible to distractions. Distractions can impair judgment and decision-making abilities. Talking to passengers, changing a CD, eating, and personal grooming are all distractions that divide attention and take the focus off driving. Teen initial ✓ I will not participate in any behavior that makes me look away from the ...
THE RISK. During the first six months of independent driving, the risk of a fatal crash at night is about three times higher for teens than during the day. Teen initial ✓ I will not violate the California law that restricts nighttime driving. I will not drive between 11:00 p.m. and 5:00 a.m. This rule will remain in place for the first 12 months from the date I get my provisional license. ✓ I understand that my parent can increase the restriction period at any time. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break California law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: Parent initial Your safety is my #1 priority and I will be there when you need me. I will pick you up or arrange for safe transporta- tion home, regardless of the situation or time of your call. Aggressive & Reckless Driving THE RISK: Speed-related crashes account for 44% of fatalities among 15–20 year olds. Teen initial ✓ I agree to ALWAYS obey the posted speed limit. ✓ I agree to consider the weather and road conditions and adjust my speed appropriately. ✓ I will not drive when I am angry, frustrated or emotional. ✓ I will not tailgate, speed, weave in and out of traffic or participate in any aggressive or reckless driving behavior. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break California law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: Parent initial Your safety is my #1 priority and I will be there when you need me. I will pick you up or arrange for safe transporta- tion home if you feel it is not safe for you to drive, or if you are in a car with someone exhibiting these behaviors. I also promise to be a role model, lead by example and demonstrate responsible and safe driving behavior at all times. Driving Under the Influence
THE RISK. During the first six months of independent driving, the risk of a fatal crash at night is about three times higher for teens than during the day. Teen initial ✓ I will not violate the Virginia law that restricts nighttime driving. I will not drive between 12:00 a.m. and 4:00 a.m. This rule will remain in place for the first 12 months from the date I get my provisional license. ✓ I understand that my parent can increase the restriction period at any time. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break Virginia law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: Your safety is my #1 priority and I will be there when you need me. I will pick you up or arrange for safe transportation home, regardless of the situation or time of your call. Parent initial Aggressive & Reckless Driving THE RISK: Speed-related crashes account for 44% of fatalities among 15 to 20 years old. Teen initial ✓ I agree to ALWAYS obey the posted speed limit. ✓ I agree to consider the weather and road conditions and adjust my speed appropriately. ✓ I will not drive when I am angry, frustrated or emotional. ✓ I will not tailgate, speed, weave in and out of traffic or participate in any aggressive or reckless driving behavior. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break Virginia law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: Parent initial Your safety is my #1 priority and I will be there when you need me. I will pick you up or arrange for safe transportation home if you feel it is not safe for you to drive, or if you are in a car with someone exhibiting these behaviors. I also prom- ise to be a role model, lead by example and demonstrate responsible and safe driving behavior at all times. Driving Under the Influence
THE RISK. The number of passengers in a teen’s vehicle is a major risk factor in teen crashes. The risk of a fatal crash increases by 100% for each additional teen passenger when a teen is driving. Teen initial ✓ I will follow the Virginia law about carrying passengers and agree not to have more than one teen passenger in the car during my first year of driving and no more than 3 teen passengers* until my 18th birthday. ✓ I will follow the law and will not be a passenger in a vehicle with a friend who is still subject to GDL laws. ✓ I agree not to be a passenger in any vehicle where I do not feel comfortable or safe. I understand these rules are for my safety. If I violate any of these rules, I endanger myself, my passengers and other drivers and I may break Virginia law. If I violate our rules, I agree to lose my driving privileges for (time period). Additional penalties: *Excludes family members Your safety is my #1 priority and I will be there when you need me. I will pick you up or arrange for safe transportation home, regardless of the situation or time of your call. As your passenger, I will share observations and coaching in a calm, respectful manner. Parent initial Cell Phones
THE RISK. Teen drivers are particularly at risk of distracted driving resulting from talking or texting on cell phones. Such activities in- crease the chance of getting involved in serious vehicle crashes. Virginia law prohibits drivers under the age of 18 from using a cell phone, a hands-free device or other electronic communication while driving.
THE RISK. Because the property policy insuring agreement requires that a loss involves “direct physical loss, damage or destruction,” the claim in our case study may not be insured despite the fact that fire was the proximate cause of the loss. The direct cause of loss is that the FDA has determined that all products in the warehouse must be destroyed. Additionally, the drug or device manufacturer does not want the insurer to take the property for salvage, which is an insurer’s right under a typical property policy. No drug or device company wants to see its product sold as salvage, nor would government agencies allow it. Strict federal regulations govern the proper disposal of quarantined life science products. Some insurers have attempted to recognize the need to modify policy language to accommodate this unique risk exposure by adding a “Control of Damaged Property” clause in their policies. But even the title of the clause belies the problem. It refers to “Damaged” property and there is no definition of “Damage” in the policy. A typical clause may read, “The insured shall have full right to the possession of all property manufactured, sold or distributed…and shall retain control of all damaged property. The insured, using reasonable judgment, will decide if the physically damaged property can be reprocessed or sold other than in respect of stock where the insured’s quality control procedure(s) in compliance with FDA regulations, or the regulations of any equivalent authority in any other country or locality will determine if the stock is unfit for sale or use.” (Italics added.) At first glance this looks like it may offer a solution; however, here also the language refers to “physically damaged property” as a condition for coverage to apply. Another proposed solution that is an improvement on the Control of Damaged Property language quoted above is the “FDA Coverage” endorsement that can be added to a life science property policy. This endorsement states in part, “Coverage under this endorsement becomes effective when the following conditions are met:

Related to THE RISK

  • Passing of Risk Save as provided in paragraph 7.6, the time at which the risk shall pass shall be fixed in accordance with the International Rules for the Interpretation of Trade Terms (Incoterms) of the International Chamber of Commerce in force at the date of the formation of the contract.

  • Evaluation of Risks The Investor has such knowledge and experience in financial tax and business matters as to be capable of evaluating the merits and risks of, and bearing the economic risks entailed by, an investment in the Company and of protecting its interests in connection with this transaction. It recognizes that its investment in the Company involves a high degree of risk.

  • Insurance; Risk of Loss Seller will, or will cause the Companies and the Subsidiaries to, keep insurance policies currently maintained by Seller or the Companies or the Subsidiaries (with respect to the Business), or suitable replacements therefor, in full force and effect through the close of business on the Closing Date, and Buyer shall become solely responsible for all insurance coverage and related risk of loss based on events occurring after the Closing Date with respect to the Companies, the Transferring Subsidiaries and their respective businesses, assets and current or former employees. All proceeds of insurance payable (in excess of any deductible, retention or self-insurance amount) in respect of any event that occurs on or before the Cut-Off Date, to the extent that the proceeds are for damaged properties or assets of any Company or any Subsidiary (with respect to the Business) and would otherwise be payable to Seller or its Affiliates, shall be received by Seller and (a) to the extent the damage to the properties or assets of any Company or any Subsidiary to which the proceeds pertain has not been repaired or restored or paid for by Seller, shall be paid over to Buyer at the Closing, or, if no proceeds have been received before the Closing, Seller shall assign any of its claims thereto to Buyer promptly following the Closing Date, and (b) to the extent the damage to the properties or assets of any Company or any Subsidiary to which the proceeds pertain has been repaired or restored or paid for by Seller, shall be retained by Seller on or prior to the Closing, or, if no proceeds have been received before the Closing, Seller shall be entitled to all claims thereto. Provided that Seller complies with Seller’s obligations under this Section 7.5, neither the occurrence of any casualty damage nor the payment, receipt or collection of insurance proceeds shall be included or accounted for in any way under the provisions of Section 2.4 or in the determination of Final Working Capital. To the extent that after the Closing any party hereto requires any information regarding claim data, payroll or other information in order to make filing with insurance carriers or self insurance regulators from another party hereto, the other party will promptly supply such information.

  • Delivery; Risk of Loss Deliveries must be made both in quantities and at times specified on the face of the Purchase Order or in Buyer's schedules and time is of the essence. Buyer’s delivery schedules are an integral part of the Purchase Order, are governed by these terms and conditions and are not independent contracts. ▪ Buyer will not be required to make payment for goods delivered to Buyer that are in excess of quantities specified in Buyer's delivery schedule on the Purchase Order or in written releases issued by Buyer. Buyer may reject any deliveries made after or before the specified delivery date. Seller will bear all costs and damages incurred by Buyer due to late or early delivery. ▪ If Seller fails to meet the agreed upon delivery requirements for reasons other than those specified in paragraph 13 below, and Buyer requires a more expeditious method of transportation for the goods than the transportation method originally specified, Seller shall ship the goods as expeditiously as possible at Seller's expense and invoice Buyer for the amount, if any, that Buyer would have paid for normal shipment. ▪ Unless provided otherwise in the Purchase Order, all goods are sold DAP. Seller shall be responsible for and bear the risk of any loss or damage to the goods until received by the Buyer.

  • The Facilities Subject to the terms of this Agreement, the Lenders make available to the Borrowers:

  • The FTPS Unit Servicing Agent shall distribute to redeeming FTPS Unit holders of record on its books redemption proceeds it receives pursuant to Section 5.02 of the Standard Terms and Conditions of Trust from the Trustee as the sole record owner of FTPS Units on the Trustee's books.

  • Economic Risk The Purchaser realizes that the purchase of the ------------- Stock will be a highly speculative investment and involves a high degree of risk, and the Purchaser is able, without impairing financial condition, to hold the Stock for an indefinite period of time and to suffer a complete loss on the Purchaser's investment.

  • The Facility Subject to the terms of this Agreement, the Lenders make available to the Borrower a term loan facility in an aggregate amount equal to the Total Commitments.

  • Delivery and Risk 7.1 Unless otherwise stated in the Order, the price quoted includes delivery to the address specified in the Order.

  • Delivery and Risk of Loss Buyer’s production schedules and warranties to its customers are dependent upon the agreement that deliveries of the goods covered by this Purchase Order will occur on the required delivery dates shown on the face hereof. Therefore, time is of the essence. Seller shall be responsible for all damages of any kind incurred or suffered by Buyer which were caused by any delay of Seller in making deliveries of acceptable supplies. Xxxxxx agrees to notify Xxxxx immediately if at any time it appears that Seller may not meet the delivery schedule. Such notification shall include the reasons for the delay, actual or potential, the steps being taken to remedy the constraint and the schedule or a proposed waiver of the delivery schedule in the Purchase Order. Any assistance furnished by Buyer to overcome delays shall not be regarded as waiving Buyer’s remedies for default, including termination rights, if Seller fails to meet the contractual schedule. Unauthorized advance shipments and shipments other than for the quantity ordered are returnable at Seller’s expense. Identification of the goods under Section 2-501 of the Uniform Commercial Code shall occur at the moment Seller accepts this Purchase Order. Seller shall not be excused from performing its obligations hereunder if the goods identified are destroyed. Delivery shall not be deemed complete until the goods have been actually received by Buyer at its facility. The risk of loss and damage in transit shall be upon Seller and shall not pass to Buyer until received at Buyer’s facility in a condition in accordance with the terms of this Purchase Order. The cost of all return shipments shall be borne by Seller.