Violation of Applicable Laws. Company shall not be obligated to pay any compensation that would violate any Applicable Laws of any jurisdiction, anything in this Agreement notwithstanding.
Violation of Applicable Laws. A violation of any Applicable Laws by the PFI or Servicer will be considered an Event of Default. 60 MPF Announcement 2016-30 (12/22/16) 61 FICO® is a registered trademark of the Fair Xxxxx Corporation. 62 MPF Announcement 2017-13 (3/28/17) CHAPTER 8. QUALITY CONTROL PROGRAM 8.1 MPF Bank’s Quality Control Review (3/28/17)64 The MPF Bank reserves the right to conduct a quality control (QC) review of any Mortgage Loan delivered under the MPF Program. The MPF Provider will review each Mortgage Loan selected for post-funding QC review to verify that it meets the definition of investment quality and complies with the Guides and the Applicable Agreements. The MPF Provider or its designee will send a request to the PFI in writing to submit specified Mortgage Loan Files to the MPF Provider or its designee. The PFI must send the requested information to the address contained in the letter. The files must be delivered within fifteen (15) days of the date of the letter. Failure to promptly forward a file selected for QC review may result in suspension of the PFI's origination or Servicing activities under the MPF Program. An offer by the PFI to purchase or repurchase the Mortgage Loan from the MPF Bank will not release the PFI from the requirement to submit the file for the QC review. After the QC review is complete, the PFI will be notified in writing of those Mortgage Loans with defects. No notice will be given relating to nondeficient Mortgage Loans. The PFI must remediate the defects within thirty (30) days from the date of the notification issued by the MPF Bank. Failure of the PFI to take corrective action within the required time may result in suspension of origination and/or Servicing as a PFI. Such suspension shall not limit the MPF Bank's prerogative to take other steps to enforce its rights or to protect its interests. The MPF Bank, at its sole discretion, may require the PFI to repurchase a deficient Mortgage Loan. In addition to other available remedies, the MPF Bank may demand repurchase when the PFI: • Does not submit Mortgage Loan documents support within the time provided; • Has not complied with any requirement, term or condition of the Applicable Agreement; • Has submitted a Mortgage Loan deemed to be other than of investment quality; • Has breached warranties or representations contained in the Applicable Agreements; • Has been unable to furnish satisfactory evidence of compliance with the Applicable Agreements; or • Has inappropriately underw...
Violation of Applicable Laws. A violation of any Applicable Laws by the PFI or Servicer will be considered an Event of Default. 60 MPF Announcement 2016-30 (12/22/16) 61 FICO® is a registered trademark of the Fair Xxxxx Corporation.
Violation of Applicable Laws. A violation of any Applicable Laws by the PFI or Servicer will be considered an Event of Default. 18 MPF Announcement 2016-30 (12/22/16) 19 MPF Announcement 2016-30 (12/22/16) CHAPTER 8. QUALITY CONTROL PROGRAM
Violation of Applicable Laws. Contractor shall have violated any Applicable Laws or Applicable Codes and Standards and such violation is not capable of being cured and materially jeopardizes the ability to achieve Commercial Operation;
Violation of Applicable Laws. A violation of any Applicable Laws by the PFI or Servicer will be considered an Event of Default.
Violation of Applicable Laws. 60 MPF Announcement 2016-30 (12/22/16) 61 FICO® is a registered trademark of the Fair Xxxxx Corporation. 62 MPF Announcement 2017-13 (3/28/17) A violation of any Applicable Laws by the PFI or Servicer will be considered an Event of Default.
Violation of Applicable Laws. Anacor shall have the right to suspend or terminate this Agreement immediately upon written notice to Sandoz if there is a credible finding, after a reasonable investigation, that Sandoz, in connection with performance of Sandoz’s obligations under this Agreement, has violated any Applicable Laws or Guidelines. In addition, Anacor shall have the right to terminate this Agreement immediately upon written notice to Sandoz if Anacor becomes aware (whether through notice from Sandoz under Section 10.4(b) or otherwise) of the debarment from federal contracting, exclusion from a federal health care program, or threatened debarment or exclusion, of any person conducting activities on behalf of Sandoz under this Agreement, including Sandoz or any of its Affiliates.
Violation of Applicable Laws. Failure of Contractor or its Subcontractors to comply with applicable laws or lawful orders of governmental authorities;
Violation of Applicable Laws. (i) No notice of violation of any applicable federal, national, provincial, state or local statute, ordinance, order, requirement, law, rule, regulation (including, without limitation, any Environmental Law), or of any covenant, condition, restriction or easement affecting the Real Property with respect to the use or occupancy of the Real Property has been given to MC by any person having jurisdiction over the Real Property or by any other person entitled to enforce the same, or by any private citizen or citizen action group and, to the best knowledge of each of MCUS and the MC Affiliates, no such notice has been given to any other person.
