Major Organizational Changes Sample Clauses

Major Organizational Changes. ‌ The Parties agree that in order for efficient and effective communication to occur, clear lines of authority and areas of responsibility need to be identified for each Party. Each Party agrees to promptly notify the other in writing in the event of any material change in personnel, address, or phone number. Contractor recognizes and agrees that award of the Contract was predicated upon features of Contractor's business organization as represented by Contractor in their response to the RFP. If Contractor transfers or sells fifty percent (50%) or more of its equity shareholder interests or allows a sale of substantially all of its assets, the Contractor shall notify the Department in writing no less than thirty (30) Calendar Days prior to such transfer or sale.
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Major Organizational Changes. The Contractor recognizes and agrees that award of the Contract was predicated upon features of Contractor's business organization as represented by the Contractor during the ITN. If the Contractor transfers or sells more than 49.9% of its equity shareholder interests or allows a sale of substantially all of its assets, the Contractor shall notify the Department in writing no less than 30 days of such transfer or sale.
Sample 1Sample 2
Major Organizational Changes. The Parties agree that in order for efficient and effective communication to occur, clear lines of authority and areas of responsibility need to be identified for each Party. Each Party agrees to promptly notify the other in the event of any Material change in personnel, address or phone number. The Contractor recognizes and agrees that award of the Contract was predicated upon features of Contractor's business organization as represented by the Contractor during the ITN. If the Contractor transfers or sells more than 49.9% of its equity shareholder interests or allows a sale of substantially all of its assets, the Contractor shall notify the Department in writing no less than thirty (30) days prior to such transfer or sale.
Sample 1Sample 2
Major Organizational Changes. ‌ The Parties agree that in order for efficient and effective communication to occur, clear lines of authority and areas of responsibility need to be identified for each party. Each party agrees to promptly notify the other in the event of any material change in personnel, address or phone number.
Sample 1Sample 2
Major Organizational Changes. 11 - 3.2. WARRANTY ........................................................................................................................................... - 11 - 3.3. EMPLOYEES AND SUBCONTRACTORS............................................................................................................ - 12 - 3.3.1. Hiring of Other Party’s Personnel............................................................................................... - 12 - 3.3.2. No Joint Employees. ................................................................................................................... - 12 - 3.3.3. Subcontractors. .......................................................................................................................... - 12 - 3.3.4. Employment of State Workers. .................................................................................................. - 12 - 3.3.5. Warranty of Security. ................................................................................................................. - 13 - 3.3.6. Work Locations; No Off-shoring of Data. ................................................................................... - 15 - 3.3.7. Contractor’s Responsibility to Notify Department. .................................................................... - 16 - 3.3.8. E-Verify....................................................................................................................................... - 17 - 3.3.9. Scrutinized Company List. .......................................................................................................... - 17 - 3.4. ACCEPTANCE OF DELIVERABLES .................................................................................................................. - 17 - SECTION 4: SECTION 5: DIVERSITY . - 17 - LIQUIDATED DAMAGES ........................................................................................................ - 18 - 5.1. FAILURE TO MEET PERFORMANCE GUARANTEES . - 18 - SECTION 6: INSURANCE . - 19 -
Sample 1
Major Organizational Changes. The Parties agree that in order for efficient and effective communication to occur, clear lines of authority and areas of responsibility need to be identified for each Party. Each Party agrees to promptly notify the other in the event of any material change in personnel, address or phone number. The Vendor recognizes and agrees that award of the Contract was predicated upon features of Vendor’s business organization as represented by the Vendor during the ITN. If the Vendor transfers or sells fifty percent (50%) or more of its equity shareholder interests or allows a sale of substantially all of its assets, the Vendor shall notify the Department in writing no less than thirty (30) Calendar Days prior to such transfer or sale. Subcontractors Vendor is responsible for the acts or omissions of all Subcontractors, if any, it uses in the provision of the Services during the term of the Contract. The Department will have no liability of any kind for Subcontractor demands, loss, damage, negligence or any expense relating, directly or indirectly, to Subcontractors. Vendor will not subcontract any of the Services or enter into any subcontracts or change approved Subcontractors (including their key personnel and/or location of processes for the Services) without the express written consent of the Department. Vendor will give the Department prior Notice of at least sixty (60) Calendar Days or, in case of an emergency, as soon as practicable. Each approved subcontractor will be subject to the same terms and conditions as the Contract.
Sample 1
Major Organizational Changes. No change in Vendor’s structure, ownership, or controlling interest releases Vendor from its obligations under this Contract. Vendor shall give FHKC notice of regulatory agency approval, if applicable, prior to any transfer or change in control. FHKC has the right to elect to continue or terminate this Contract, at its sole discretion, in the event of a change in Vendor’s ownership, structure, or controlling interest. In such event, FHKC shall provide at least 30 Calendar Days Notice to Vendor of the decision to terminate the Contract.
Sample 1
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Major Organizational Changes. The Service Provider recognizes and agrees that award of the Contract was predicated upon features of Service Provider's business organization as set forth by the Service Provider’s during negotiations. If the Service Provider transfers or sells more than 49.9% of its equity shareholder interests or allows a sale of substantially all of its assets, as determined by the Department, the Department may terminate this Contract upon no less than 30 days written notice. Such termination will not entitle the Service Provider to damages of any kind, provided that Service Provider will be entitled to compensation for work performed prior to the effective date of the termination.
Sample 1
Major Organizational Changes. ‌ The Parties agree that in order for efficient and effective communication to occur, clear lines of authority and areas of responsibility need to be identified for each party. Each party agrees to promptly notify the other in the event of any material change in personnel, address or phone number. Vendor agrees not to transfer more than 49.9 percent of its interests without the prior written approval of the Department. By execution of this Contract, Vendor represents that it has no knowledge of its intent to transfer more than 49.9 percent of its interests.
Sample 1

Related to Major Organizational Changes

  • Name and Organizational Changes (a) PSP must provide TFC with written notification of all name changes and organizational changes relating to PSP including, but not limited to, merger, acquisition, corporate reorganization, or sale no later than sixty (60) days prior to such change. PSP, in its notice, shall describe the circumstances of the name or organizational change, state its new name, provide the new Tax Identification Number, if available, and describe how the change will impact its ability to perform under the Agreement. All written notifications of organizational change must include a detailed statement specifying the change and supporting documentation evidencing continued right of Agreement or successor entity, as applicable, to maintain its status as a party to this Agreement. If the change entails personnel changes for personnel performing the responsibilities of the Agreement for PSP, PSP shall identify the new personnel and provide resumes to TFC, if resumes were originally required by the solicitation. TFC may require other information or documents related to the change and its impact on the PSP and Agreement shall supply the requested information within five (5) working days of receipt of the request.

  • Notice of Organizational Change Grantee will submit notice to the SUD email box, XxxxxxxxxXxxxx.Xxxxxxxxx@xxxx.xxxxx.xx.xx and Substance Use Xxxxxxxx@xxxx.xxxxx.xx.xx within ten (10) business days of any change to Xxxxxxx's name, contact information, organizational structure, such as merger, acquisition, or change in form of business, legal standing, or authority to do business in Texas.

  • Organizational Chart The organizational chart attached as Schedule III hereto, relating to Borrower and certain Affiliates and other parties, is true, complete and correct on and as of the date hereof.

  • Project Organization A summary organization chart showing the interrelationships between Owner, Construction Contractor and Design Professional, and other supporting organizations and permitting review agencies. Detailed charts, one each for Construction Contractor and Design Professional, showing organizational elements participating in the Project shall be included.

  • Project Organization Chart As part of the Mini-Bid, the Authorized User may require the Contractor to develop and submit a proposed project organization chart. The project organization chart should identify all the proposed key personnel of each team component and how the team will be managed. If required, the project organization chart must include both Contractor and State staff roles as identified in the Mini-Bid.

  • Organizational Structure The ISO will be governed by a ten (10) person unaffiliated Board of Directors, as per Article 5 herein. The day-to-day operation of the ISO will be managed by a President, who will serve as an ex-officio member of the ISO Board, in accordance with Article 5 herein. There shall be a Management Committee as per Article 7 herein, which shall report to the ISO Board, and shall be comprised of all Parties to the Agreement. There shall be at least two additional standing committees, the Operating Committee, as provided for in Article 8, and the Business Issues Committee, as provided for in Article 9, both of which shall report to the Management Committee. A Dispute Resolution Process will be established and administered by the ISO Board in accordance with Article 10.

  • Technical and Organizational Measures The following sections define SAP’s current technical and organizational measures. SAP may change these at any time without notice so long as it maintains a comparable or better level of security. Individual measures may be replaced by new measures that serve the same purpose without diminishing the security level protecting Personal Data.

  • Classification Changes When the University determines that a revision of a class specification for positions covered by this agreement is needed, and such revision affects the collective bargaining unit designation, the University shall notify AFSCME in writing of the proposed change. AFSCME shall notify the University, in writing, within fifteen (15) days of receipt of the proposed changes, of any comments it has concerning the proposed changes or of its desire to discuss the proposed changes.

  • Organizational Transition Local Church shall take all steps necessary to close and/or dissolve any legal entities of the Local Church and to settle, liquidate, or transfer all assets and obligations of such entities, or to establish any new legal entities, or to modify its current organizing documents as needed to effectuate its disaffiliation from The United Methodist Church, to the satisfaction of Annual Conference.

  • Organizational Leave The Board of Education will provide for leaves of absence without pay to elected officers or appointed representatives of Local No. 284. Employees acting as business agent must take an unpaid leave of absence from their position.

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