Critical Assumptions Sample Clauses

Critical Assumptions. Critical Assumptions will be specific to the case and require careful consideration but generally they will include a clause to the effect that there should be no major commercial changes governing the Covered Transactions. In volatile, dynamic or cyclical businesses this may need some elaboration. Similarly, in cases involving trading or managing portfolios of Financial Products, consideration may be needed at the time of negotiating the agreement as to whether and when “new generation” Products are or are not covered by the APA and when this would breach the critical assumptions. In these kinds of situations there will generally be a requirement for relevant information to be automatically reported in Annual Reports, see below. Other typical Critical Assumptions could include clauses relating to changes of control, the possibility that acquisitions might impact upon the APA, to profit share and competition issues, and those involving Regulation, or arising from Government Policy or Laws.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Critical Assumptions. The Critical Assumptions of this APA, within the meaning of section 11.07 of Rev. Proc. 96-53, are listed in Appendix C.
Sample 1Sample 2
Critical Assumptions. The following critical assumptions are made:  That funds will be availed to carry out and complete the Program.  That there will be adequate worldwide economic stability and the US dollar value will not fall steeply to impact adversely on the Program budget or on key partner organizations.  That there will be adequate social and political stability in Rwanda to enable Program implementation to progress as planned.  That climatic condition will not drastically change, and there will be no extreme climatic event (flood or drought) that acts against Program success. Other assumptions:  One of the indicators number 4 of IR 1 will partly use a proxy data because it is not easy to count the number of people using water to wash their hand after using the toilet. So what will be measured will be the amount of water used and it will be the known amount per person to wash their hands. The assumption is that the water is actually being used for washing hands and not just poured down. Once we know the amount of water (at the toilet) used per person then we can estimate the number of people who have used it to wash their hands after toilet.
Sample 1
Critical Assumptions. For the purposes of this TPA, the following critical assumptions apply:  The business activities and accounting policies and practices of the taxpayer and [NAME OF THE CONNECTED PERSON] shall remain substantially the same as described in the TPA request.  [LIST OTHER CRITICAL ASSUMPTIONS]  If there is a failure to meet a critical assumption, the taxpayer must notify the Commissioner General in writing within [NUMBER] days of becoming aware of the failure.
Sample 1
Critical Assumptions. SADES-K is designed to protect civic space while ensuring social cohesion to ensure an even playing field for credible and peaceful elections. The successful implementation of SADES-K is contingent on the continued validity of several assumptions, which in large part are outside the program’s locus of control. SADES-K will monitor these key assumptions and their continued validity to optimize planning and adaptation. Key assumptions for the program include: The BBI will be able to carry out its mandate for national dialogue and continue to engage with XXXXX-X as well as civil society actors. While SADES-K will facilitate activities that seek to connect civil society and the government, there must be sustained political will from the Kenyan government for the BBI to carry out its objectives under the Nine Point Agenda. To xxxxxx constructive dialogue among all stakeholders involved in governance reform and national dialogue, SADES-K will create a diverse Local Organizing Body (LOB)1 consisting of members from government offices, private sector, civil society, media, and the BBI. 1 The LOB’s purpose is to help SADES-K identify opportunities to support existing platforms, create multi-sector groups for the co-creation sessions, co-facilitation sessions, design funding streams that will have the greatest impact, mentor grantees, and advise on project activities. Civil society organizations will build their capacity and collaborate more effectively to safeguard democratic gains. The last five years have seen civic space significantly shrink as the State has confronted civil society, media, and key accountability and human rights institutions. For SADES-K to be successful, civil society actors will need to collaborate with like-minded organizations to represent the interests of local communities throughout the country. For this assumption to be met, civil society organizations must build their capacity in all areas, but especially in conveying the interests of citizens to elected officials. The GoK will allow SADES-K to operate without interference. It is important that the SADES-K project is given latitude to operate and that there are no threats of deregistration or closure by the GoK for conducting activities – whether directly or indirectly – through grantee partner organizations. The political landscape continues to enable dialogue on governance reform. Although the post- Handshake environment has alleviated political tensions and raised hope for constructi...
Sample 1
Critical Assumptions. The political situation in the country remains calm enough to allow for the implementation of project activities. • No major natural disasters occur during the project’s lifetime. • The economy, including the price of rice and other key staples, remains stable. Project Objective: Reduction in the number of children aged 5-17 years old engaged and at risk of CL in the fishing, agriculture, domestic work and other sectors in target communities in 6 provinces of Cambodia IO 5: Local and national structures with strengthened capacity to prevent/ eliminate child labor and implement CLMS IO 1: Increased participation in quality education among target children
Sample 1
Critical Assumptions. The political situation in the country remains calm enough to allow for the implementation of project activities. • No major natural disasters occur during the project’s lifetime. • The economy, including the price of rice and other key staples, remains stable. Project Objective: Reduction in the number of children aged 5-17 years old engaged and at risk of CL in the fishing, agriculture, domestic work and other sectors in target communities in 6 provinces of Cambodia IO 5.1: Provincial and commune level systems and structures (CPC, CCWC) organized and strengthened to carry out CLMS and action against CL Output 5.1.1: Policy and regulatory framework to eliminate CL strengthened IO 5: Local and national structures with strengthened capacity to prevent/ eliminate child labor and implement CLMS IO 1: Increased participation in quality education among target children
Sample 1
AutoNDA by SimpleDocs

Related to Critical Assumptions

  • Project Assumptions The following assumptions are specific to this project:

  • Self-Assumption Any self-insured retention, deductibles and exclusions in coverage in the policies required under this Article shall be assumed by, for the account of and at the sole risk of Seller or the subcontractor which provides the insurance and to the extent applicable shall be paid by such Seller or subcontractor. In no event shall the liability of Seller or any subcontractor thereof be limited to the extent of any of the minimum limits of insurance required herein.

  • Testing and Acceptance Designer will exercise commercially reasonable efforts to test Deliverables requiring testing and to make all necessary corrections prior to providing Deliverables to Client. Client, within five (5) business days of receipt of each Deliverable, shall notify Designer, in writing, of any failure of such Deliverable to comply with the specifications set forth in the Proposal, or of any other objections, corrections, changes or amendments Client wishes made to such Deliverable. Any such written notice shall be sufficient to identify with clarity any objection, correction or change or amendment, and Designer will undertake to make the same in a commercially timely manner. Any and all objections, corrections, changes or amendments shall be subject to the terms and conditions of this Agreement. In the absence of such notice from Client, the Deliverable shall be deemed accepted.

  • Installation and Acceptance 4.1 Unless otherwise agreed in the Proposal, SDSD shall install the Product and other Licensed Materials on the Equipment.

  • No Assumption No approvals or acceptances by, or on behalf of, TFC shall be deemed to be an assumption of any responsibility by TFC for any defect, error or omission in said Deliverables or Professional Services.

  • BID EVALUATION The Commissioner reserves the right to accept or reject any and all Bids, or separable portions of Bids, and waive technicalities, irregularities, and omissions if the Commissioner determines the best interests of the State will be served. The Commissioner, in his/her sole discretion, may accept or reject illegible, incomplete or vague Bids and his/her decision shall be final. A conditional or revocable Bid which clearly communicates the terms or limitations of acceptance may be considered, and Contract award may be made in compliance with the Bidder’s conditional or revocable terms in the Bid.

  • Job Evaluation The work of the provincial job evaluation steering committee (the JE Committee) will continue during the term of this Framework Agreement. The objectives of the JE Committee are as follows: • Review the results of the phase one and phase two pilots and outcomes of the committee work. Address any anomalies identified with the JE tool, process, or benchmarks. • Rate the provincial benchmarks and create a job hierarchy for the provincial benchmarks. • Gather data from all school districts and match existing job descriptions to the provincial benchmarks. • Identify the job hierarchy for local job descriptions for all school districts. • Compare the local job hierarchy to the benchmark-matched hierarchy. • Develop a methodology to convert points to pay bands - The confirmed method must be supported by current compensation best practices. • Identify training requirements to support implementation of the JE plan and develop training resources as required. Once the objectives outlined above are completed, the JE Committee will mutually determine whether a local, regional or provincial approach to the steps outlined above is appropriate. It is recognized that the work of the committee is technical, complicated, lengthy and onerous. To accomplish the objectives, the parties agree that existing JE funds can be accessed by the JE committee to engage consultant(s) to complete this work. It is further recognized that this process does not impact the established management right of employers to determine local job requirements and job descriptions nor does this process alter any existing collective agreement rights or established practices. When the JE plan is ready to be implemented, and if an amendment to an existing collective agreement is required, the JE Committee will work with the local School District and Local Union to make recommendations for implementation. Any recommendations will also be provided to the Provincial Labour Management Committee (PLMC). As mutually agreed by the provincial parties and the JE Committee, the disbursement of available JE funds shall be retroactive to January 2, 2020. The committee will utilize available funds to provide 50% of the wage differential for the position falling the furthest below the wage rate established by the provincial JE process and will continue this process until all JE fund monies at the time have been disbursed. The committee will follow compensation best practices to avoid problems such as inversion. The committee will report out to the provincial parties regularly during the term of the Framework Agreement. Should any concerns arise during the work of the committee they will be referred to the PLMC. Create a maintenance program to support ongoing implementation of the JE plan at a local, regional or provincial level. The maintenance program will include a process for addressing the wage rates of incumbents in positions which are impacted by implementation of the JE plan. The provincial parties confirm that $4,419,859 of ongoing annual funds will be used to implement the Job Evaluation Plan. Effective July 1, 2022, there will be a one-time pause of the annual $4,419,859 JE funding. This amount has been allocated to the local table bargaining money. The annual funding will recommence July 1, 2023.

  • Job Evaluation Plan (a) The Employer agrees that no job evaluation plan pertaining to positions covered by this Agreement will be introduced without the mutual agreement of the Parties.

  • Excellent Above Average Satisfactory Needs Improvement Unsatisfactory 5 4 3 2 1 5. The instructor demonstrates knowledge of the subject matter.

Time is Money Join Law Insider Premium to draft better contracts faster.