Voluntary Compliance Sample Clauses

Voluntary Compliance. In connection with breaches of this Agreement for which a Member is liable to the Sector or other Sector Members for liquidated damages, the Sector shall provide the breaching Member fifteen (15) days prior notice of its intent to exercise its rights of collection, during which period the Member may propose an alternative method of compensating the Sector and other Sector Members for the damages suffered as the result of such Member’s breach. The Enforcement Committee may approve or disapprove any alternative form of compensation in its sole discretion, provided that if the breach at issue is an overharvest of a Member’s Harvest Share, there shall be no liquidated damages imposed if the Member in breach obtains sufficient Harvest Share from other Members to offset the overharvest, and tenders conclusive evidence to that effect to the Enforcement Committee. Such Member shall nevertheless remain liable for the costs and fees incurred by the Sector in connection with the alleged breach, and the Sector shall be entitled to collect such costs and fees if such Member fails to pay the same within ten (10) days of receiving the Sector’s demand for payment.
AutoNDA by SimpleDocs
Voluntary Compliance. FTA encourages any Recipient that is not required to provide information for the NTD, to provide that information voluntarily.
Voluntary Compliance. In connection with breaches of this Agreement for 22 which a Member is liable to the Sector or other Sector Members for liquidated damages, the Sector shall 23 provide the breaching Member fifteen (15) days prior notice of its intent to exercise its rights of collection, 24 during which period the Member may propose an alternative method of compensating the Sector and 25 other Sector Members for the damages suffered as the result of such Member’s breach. The Enforcement 26 Committee may approve or disapprove any alternative form of compensation in its sole discretion, 27 provided that if the breach at issue is an overharvest of a Member’s Harvest Share, there shall be no 28 liquidated damages imposed if the Member in breach obtains sufficient Harvest Share from other 29 Members to offset the overharvest, and tenders conclusive evidence to that effect to the Enforcement 30 Committee. Such Member shall nevertheless remain liable for the costs and fees incurred by the Xxxxxx 0 in connection with the alleged breach, and the Sector shall be entitled to collect such costs and fees if 2 such Member fails to pay the same within ten (10) days of receiving the Sector’s demand for payment.
Voluntary Compliance. The Purchaser understands and agrees that the Company is not obligated to comply with any U.S. anti-money laundering requirements, but may choose to voluntarily comply with any or all of such requirements in the sole discretion of the Company and the Sponsoring Parties.
Voluntary Compliance. The Purchaser understands and agrees that the Token Issuer is not obligated to comply with U.S. anti-money laundering program requirements, but may choose to voluntarily comply with any or all of such requirements in the sole discretion of the Token Issuer and the Sponsoring Parties. 2.11.
AutoNDA by SimpleDocs
Voluntary Compliance. In connection with breaches of this agreement for which a member is 47 liable to the sector or other sector members for liquidated damages, the sector shall provide the
Voluntary Compliance. The Parties agree that in the event all or any part of this Agreement is struck down by judicial proceeding or preempted by legislative action, the Parties shall continue to honor the terms and conditions of this Agreement to the extent allowed by law.
Voluntary Compliance. Developer Parties and the City agree that in the event all or any part of this Agreement is struck down by judicial proceeding or preempted by legislative action, Developer Parties and the City shall continue to honor the terms and conditions of this Agreement to the extent allowed by law.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!