Risk assumption definition

Risk assumption means a decision to absorb the entity's

Risk assumption means a decision to absorb the entity’s

Risk assumption means a decision to absorb the entity's financial exposure to a risk of loss without the creation of a formal program of advance funding of anticipated losses.

Examples of Risk assumption in a sentence

• Risk assumption – is any assumptions pertaining to the risk itself.

• Risk assumption means taking on the upside and downside consequences of the risk with the result that the party assuming a risk will also bear the financial and other consequences if the risk materializes.

• Risk assumption means that the government accepts the risk associated with a risk event.

• Agreement does not Constitute a Debt37Appendix Summary 38Appendix 1– Manufacturer Authorized Reseller letters 38Appendix 2 – Manufacturer ISO 9001 Certificates 38Appendix 3 - Vendor Disclosure Form 38Appendix 4 - Business Entity Employer Contractor Compliance Form 38ATTACHMENT 38Attachment 1 – Additional MSRP pricing for M3 Manufacturer Partners 38Attachment 2 – Updated MSRP Discount Table 38Attachment 3 – Additional Manufacturer Authorized Reseller Letters 38 D.

• Risk assumption means taking on the upside and downside consequences of the risk, with the result that the party assuming a risk will also bear the financial and other consequences if the risk materialises.

• Its payment takes place in the manner and at the time(s) specified in the given Agreement.1.7.4 Risk assumption(a) Risk assumption fee: Fee paid by the Client to the Factor for the event that the latter assumes the risk of non-performance stemming from the Insolvency of the Buyer.

• Part-time lecturers are expected to prepare the necessary documentation (including digital and audio documentation3) that is requested by the external examiners.

• What this means is that beyond the advance disbursed at the time of the purchase of the receivables, the Bank’s additional financial obligation only becomes effective in the event of the full performance of the Obligor within the stipulated deadline.(iii) Risk assumption arrangement: the Bank takes on the full risk of non-performance by the Obligor.

• Land: to identify, acquire and prepare land for physical development.2. Trunk infrastructure: to connect site to trunk infrastructure.3. Site layout: to plan location and program of site components.4. Design: to configure and design project – units, buildings, landscape.5. Risk assumption: to absorb potential risks and commit funds to project.

• Risk assumption shall pass on to the purchaser upon dispatch of the goods ex factory, unless another point in time was agreed upon expressly and in writing.

More Definitions of Risk assumption

Risk assumption or "risk sharing" means, for the purpose of this regulation, a transaction whereby the chance of loss, including the expenses for the delivery of service, with respect to the health care of a person, is transferred to or shared with another entity, in return for a consideration. Examples include but are not limited to, full or partial capitation agreements, withholds, risk corridors, and indemnity agreements;

Risk assumption means taking on the upside and downside consequences of the risk with the result that the party assuming a risk will also bear the financial and other consequences if the risk materialises. A party performing part of the risk management functions may not assume the risk that is the subject of its management activity, but may be hired to perform risk mitigation functions under the direction of the risk-assuming party.

Risk assumption or “risk sharing” means a transaction whereby the chance of loss, including the expenses for the delivery of service, with respect to the health care of a person is transferred to or shared with another entity (e.g., carrier, including an LSLPN), in return for a consideration. Examples include, but are not limited to, full or partial capitation agreements, withholds, risk corridors, and indemnity agreements. For the purposes of this act, fee-for-service, per diem payments, diagnostic-related group payment agreements, and employee assistance programs (EAPs) are not considered to be risk assumption or risk sharing arrangements.

Risk assumption means taking on the upside and downside consequences of the risk with the result that the party assuming a risk will also bear the financial and other consequences if the risk materializes. A party performing part of the risk management functions may not assume the risk that is the subject of its management activity, but may be hired to perform risk mitigation functions under the direction of the risk-assuming party. (c) Financial capacity to assume risk can be defined as access to funding to take on the risk or to lay off the risk, to pay for the risk mitigation functions and to bear the consequences of the risk if the risk materializes. Access to funding by the party assuming the risk takes into account the available assets and the options realistically available to access additional liquidity, if needed, to cover the costs anticipated to arise should the risk materialize. (d) Control over risk involves the first two elements of risk management defined in (a), that is: