Define: Remedial measure
Remedial measure means a mutually agreed action between parties, designed to achieve specific goals or to address participation barriers.
Remedial measure means a mutually agreed action between parties, designed to achieve specific goals or to address participation barriers.
Relevant Circumstances
- When parties agree corrective steps to address a breach or shortfall
- If a regulator or counterparty requires documented remediation
- Where ongoing access depends on completing agreed remedial measures