Breach and Remedies for Breach Sample Clauses
The 'Breach and Remedies for Breach' clause defines what constitutes a violation of the contract and outlines the actions that can be taken if such a breach occurs. Typically, this clause specifies the types of breaches (such as material or minor), the process for notifying the breaching party, and the remedies available, which may include damages, specific performance, or termination of the agreement. Its core function is to provide a clear framework for addressing contract violations, ensuring that both parties understand their rights and obligations if the agreement is not properly fulfilled.
Breach and Remedies for Breach. The benefits associated with Sector membership will only accrue to the Members if each of them strictly complies with this Agreement. Each Member will make significant operational and financial commitments based on this Agreement, and any Member’s failure to fulfill any of its obligations under this Agreement could have significant adverse consequences for some or all other Members. Any failure by a Member to fulfill any of its obligations under this Agreement shall constitute a breach of this Agreement. Each Member shall be bound by the procedures set forth in this Section for determining whether a Member has breached this Agreement. The Sector shall be entitled to the remedies set forth in this Section if a Member is determined by the Sector to have breached this Agreement. Each Member shall take all actions and execute all documents the Manager deems necessary or convenient to give effect to the provisions of this Section.
Breach and Remedies for Breach. 14 10.1 Liquidated Damages Schedule and Schedule Amendments.
Breach and Remedies for Breach. The benefits associated with Sector membership 24 will only accrue to the Members if each of them strictly complies with this Agreement. Each Member 25 will make significant operational and financial commitments based on this Agreement, and any 26 Member’s failure to fulfill any of its obligations under this Agreement could have significant adverse 27 consequences for some or all other Members. Any failure by a Member to fulfill any of its obligations 28 under this Agreement shall constitute a breach of this Agreement. Each Member shall be bound by the 29 procedures set forth in this Section for determining whether a Member has breached this Agreement. 30 The Sector shall be entitled to the remedies set forth in this Section if a Member is determined by the 1 Sector to have breached this Agreement. Each Member shall take all actions and execute all documents 2 the Manager deems necessary or convenient to give effect to the provisions of this Section.
Breach and Remedies for Breach. 11 10.1 Liquidated Damages Schedule and Schedule Amendments. 12 10.2 Enforcement Committee. 13 10.3 Liquidated Damages Base Value and Multiplier Adoption.
Breach and Remedies for Breach. 10.1 Liquidated Damages Schedule and Schedule Amendments.
10.2 Enforcement Committee.
10.3 Liquidated Damages Base Value and Multiplier Adoption.
10.4 Liquidated Damages Calculation.
10.5 Notice to Vessel Masters; Assumption of Liability.
Breach and Remedies for Breach. 2 10.1 Liquidated Damages Schedule and Schedule Amendments. NA 3 10.2 Enforcement Committee.
Breach and Remedies for Breach. The benefits associated with Sector membership will only 17 significant operational and financial commitments based on this Agreement, and any Member’s failure 18 to fulfill any of its obligations under this Agreement could have significant adverse consequences for 19 some or all other Members. Any failure by a Member to fulfill any of its obligations under this 20 Agreement shall constitute a breach of this Agreement. Each Member shall be bound by the procedures 21 set forth in this Section for determining whether a Member has breached this Agreement. The ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ ▇▇ entitled to the remedies set forth in this Section if a Member is determined by the Sector to 23 have breached this Agreement. Each Member shall take all actions and execute all documents the 24 Manager deems necessary or convenient to give effect to the provisions of this Section.
Breach and Remedies for Breach. The benefits associated with Sector membership 28 will only accrue to the Members if each of them strictly complies with this Agreement. Each Member 29 will make significant operational and financial commitments based on this Agreement, and any 30 Member’s failure to fulfill any of its obligations under this Agreement could have significant adverse 31 consequences for some or all other Members. Any failure by a Member to fulfill any of its obligations 1 under this Agreement shall constitute a breach of this Agreement. Each Member shall be bound by the 2 procedures set forth in this Section for determining whether a Member has breached this Agreement. 3 The Sector shall be entitled to the remedies set forth in this Section if a Member is determined by the 4 Sector to have breached this Agreement. Each Member shall take all actions and execute all documents 5 the Manager deems necessary or convenient to give effect to the provisions of this Section.
6 10.1. Liquidated Damages Schedule and Schedule Amendments. NA
7 10.2. Enforcement Committee. Not less than one hundred twenty (120) days 8 prior to each annual Northeast multispecies groundfish season opening date (the “Season Opening 9 Date”), the Manager shall call a meeting of the Board to appoint the Enforcement Committee for the 10 upcoming year, and to address any other matters of Sector business properly before the Board. The 11 Board shall meet for those purposes not less than ninety (90) days prior to the Season Opening Date, 12 and at such meeting shall appoint an Enforcement Committee composed of five (5) persons. If the 13 Board fails to do so, the Manager shall appoint the Enforcement Committee. The Enforcement
Breach and Remedies for Breach. The benefits associated with Sector membership 20 will only accrue to the Members if each of them strictly complies with this Agreement. Each
Breach and Remedies for Breach. The benefits associated with Sector membership 30 will only accrue to the Members if each of them strictly complies with this Agreement. Each Member 1 will make significant operational and financial commitments based on this Agreement, and any 2 Member’s failure to fulfill any of its obligations under this Agreement could have significant adverse 3 consequences for some or all other Members. Any failure by a Member to fulfill any of its obligations 4 under this Agreement shall constitute a breach of this Agreement. Each Member shall be bound by the 5 procedures set forth in this Section for determining whether a Member has breached this Agreement. 6 The Sector shall be entitled to the remedies set forth in this Section if a Member is determined by the 7 Sector to have breached this Agreement. Each Member shall take all actions and execute all documents 8 the Manager deems necessary or convenient to give effect to the provisions of this Section. 11 Sector ACE in excess of the amount such Member is authorized to harvest under this Agreement, or 12 otherwise breaching this Agreement, will be difficult to calculate. The loss, costs and damages the 13 Members and the Sector could suffer as the result of a Member harvesting more Sector ACE than its 14 Harvest Share, or otherwise breaching this Agreement, are likely to substantially exceed the market 15 value of the excess harvest. Consequently, the Sector may impose and assess upon any breaching 16 Member the liquidated damages amounts as established under Section 10.3, below.