When It Occurs Clause Samples
The "When It Occurs" clause defines the specific timing or conditions under which a particular event, obligation, or right becomes effective within an agreement. This clause typically outlines triggers such as the completion of a milestone, the passage of a certain date, or the occurrence of a specified event. By clearly stating when contractual duties or rights are activated, it helps both parties understand their responsibilities and reduces the risk of disputes over timing or performance.
When It Occurs. An organizational conflict of interest occurs when the Project work, without appropriate restrictions on certain future activities, results in an unfair competitive advantage:
(a) To that Third Party Participant or another Third Party Participant performing the Project work, and
(b) That impairs that Third Party Participant’s objectivity in performing the Project work, or