Significant developments Sample Clauses

The 'Significant developments' clause requires parties to promptly inform each other about major events or changes that could impact the agreement or its performance. This typically includes notifying the other party of issues such as regulatory changes, financial difficulties, or other material circumstances that may affect obligations under the contract. By mandating timely disclosure of important information, this clause helps ensure transparency and allows both parties to respond proactively to potential risks or changes.
Significant developments. Events may occur between the scheduled performance reporting dates that have significant impact upon the supported activity. In such cases, the non-Federal entity must inform the Federal awarding agency or pass-through entity as soon as the following types of conditions become known: (1) Problems, delays, or adverse conditions which will materially impair the ability to meet the objective of the Federal award. This disclosure must include a statement of the action taken, or contemplated, and any assistance needed to resolve the situation. (2) Favorable developments which enable meeting time schedules and objectives sooner or at less cost than anticipated or producing more or different beneficial results than originally planned. Reclamation requires Performance reporting for all financial assistance awards, both Construction and non-Construction. Performance reports for Construction agreements shall meet the same minimum requirements outlined in 2 CFR §200.328(b)(2) above.
Significant developments. Events may occur between the scheduled performance reporting dates that have significant impact upon the supported activity. In such cases, the non-Federal entity must inform the HHS awarding agency or pass-through entity as soon as the following types of conditions become known:
Significant developments. The Company shall consult and cooperate with Parent with respect to significant developments in its business and shall give reasonable consideration to the Parent’s views with respect thereto to the extent permitted by Law.
Significant developments. Events may occur between the scheduled performance reporting dates which have significant impact upon the grant or subgrant supported activity. In such cases, the grantee must inform the Federal agency as soon as the following types of conditions become known: (1) Problems, delays, or adverse conditions which will materially impair the ability to meet the objective of the award. This disclosure must include a statement of the action taken, or contemplated, and any assistance needed to resolve the situation. (2) Favorable developments which enable meeting time schedules and objectives sooner or at less cost than anticipated or producing more beneficial results than originally planned.
Significant developments. Events may occur between the scheduled performance reporting dates that have significant impact upon a sector Grant supported activity. In such cases, the Government of the Federated States of Micronesia shall immediately inform the Government of the United States when the following conditions arise: (1) Problems, delays, or adverse conditions that will materially impair the ability of the Government of the Federated States of Micronesia to meet the terms and conditions of the sector Grant. This disclosure must include a statement of the action taken or contemplated, and any assistance needed to resolve the situation. (2) Favorable developments that enable the meeting of time schedules and objectives sooner or at less cost than anticipated, or that produce more beneficial results than anticipated.
Significant developments. Pursuant to 2 C.F.R. § 200.329(d), as soon as any such condition becomes known, Subrecipient shall report to CCG: (i) problems, delays, or adverse conditions which may materially impair the ability of Subrecipient to meet the objectives of the subaward, and (ii) favorable developments which may enable Subrecipient to meet time schedules and objectives sooner or at less cost than anticipated or producing more or different beneficial results than originally planned.
Significant developments. Events may occur between the scheduled performance reporting dates that have significant impact upon a Grant supported activity. In such cases, the Government of the Republic of the ▇▇▇▇▇▇▇▇ Islands shall immediately inform the Government of the United States when the following conditions arise: (1) Problems, delays, or adverse conditions that will materially impair the ability of the Government of the Republic of the ▇▇▇▇▇▇▇▇ Islands to meet the terms and conditions of Grant. This disclosure must include a statement of the action taken or contemplated, and any assistance needed to resolve the situation. (2) Favorable developments that enable the meeting of time schedules and objectives sooner or at less cost than anticipated, or that produce more beneficial results than anticipated.
Significant developments. Prior to the Closing, the Company shall inform and discuss with Tracor on a regular and ongoing basis the management of the businesses and Assets of the Company and the Subsidiaries, including, without limitation, any significant new agreements or transactions proposed to be entered into or persons employed or terminated by the Company or by any Subsidiary, and any other significant developments relating to the businesses or Assets of the Company or of any Subsidiary (other than in the Ordinary Course of Business); provided, however, that Tracor shall have no express or implied power, authority or responsibility with respect to the Company, any Subsidiary or their businesses, Assets or agreements. Without limiting the foregoing, the Company shall not enter into any agreement, understanding, commitment or other arrangement (whether written or oral) with any Subsidiary or any officer, director, employee or agent thereof after the date hereof, without the prior written consent of Tracor, other than in the Ordinary Course of Business and except as set forth on the Disclosure Schedule.
Significant developments. WEC and USCC shall promptly provide each other with information as to any significant developments in the performance of this Agreement, and shall promptly notify the other if it discovers that any of its representations, warranties and covenants contained in this Agreement or in any document delivered in connection with this Agreement was not true and correct in all material respects or became untrue or incorrect in any material respect.
Significant developments. Google will make the following available to Customer: (a) information about developments that materially impact Google’s ability to perform the Services in accordance with the SLAs leading to disruptions or outages of the Services (“Significant Developments”), and (b) reports describing the cause of the Significant Development and summarizing the actions taken by Google to resolve it. Google may provide this information via the Status Dashboard, the Google Cloud Support Center or a support case.