Corrective Notice definition
Examples of Corrective Notice in a sentence
Agent and Owner will timely comply with any Corrective Notice issued by OHCS.
The Parties further agree that upon reduction of Purchaser’s minimum purchase obligation as provided in this Section 10.3, purchases of the Product described in the Corrective Notice that are completed from and after the date of the Corrective Notice shall count against satisfaction of Purchaser’s minimum purchase obligations only to the extent that such purchases exceed the amount of the Volume Reduction for the year in which such purchases are made.
However, if Owner believes that a Corrective Notice is not consistent with Program Requirements, it may provide written comment of same to OHCS within the cure period allowed under the Corrective Notice.
Once the Department issues a Corrective Notice of Redetermination (“CNR”) related to this appeal, that CNR in conjunction with the following will become the final and binding Agreement between the Parties in relation to this Citation.
However, if the Agent or Owner believes that a Corrective Notice is not consistent with Program Requirements, it may provide written comment of same to OHCS within the cure period allowed under the Corrective Notice.
However, if the Agent or Owner believes that a Corrective Notice is not consistent with Financing Documents, including the Project Requirements, it may provide written comment of same to OHCS within the cure period allowed under the Corrective Notice.
Owner will timely comply with any Corrective Notice issued by OHCS.
As used in this Section 10.3, “Volume Reduction” shall be a dollar amount equal to double the amount of Purchaser’s purchase orders for the Product described in the Corrective Notice for the six (6) month period preceding the date of the Corrective Notice.