Failure Notice definition

Failure Notice means a notice served by the BID Company which:

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Failure Notice has the meaning given to it in clause 8.1;

Failure Notice has the meaning set forth in Section 2.2 of this Agreement.

Examples of Failure Notice in a sentence

• Should a Party fail to timely make any such election, the proposing Party shall provide the electing Party with a written Failure Notice and the electing Party shall have an additional three (3) business days from its receipt of such Failure Notice to make such election to the proposing party.

• In the event a Purchaser delivers a Failure Notice, the Company issues a replacement certificate representing the converted Common Shares and the Purchaser subsequently receives both the original and replacement certificates, such holder agrees to immediately return the originally issued certificate to the Company.

• Concurrently with the delivery of each Financial Covenant Failure Notice to the Holders, the Company shall also make publicly available (as part of a Quarterly Report on Form 10-Q, Annual Report on Form 10-K or on a Current Report on Form 8-K, or otherwise) the Financial Covenant Failure Notice and the fact that an Event of Default has occurred under the Notes.

• The Rights Agent will promptly, and in any event within ten (10) Business Days of receipt of the Milestone Failure Notice, send each Holder at its registered address a copy of such Milestone Failure Notice.

• The Share Escrow Failure Notice, or the Selling Shareholder’s Share Escrow Failure Notice, as the case may be, shall indicate whether the Event of Failure has occurred before or after the transfer of the Final Sold Shares to the Allottees in accordance with Clause 5.2.

More Definitions of Failure Notice

Failure Notice has the meaning set forth in Section 7.3(d).

Failure Notice means a notice served by the BID Company on the Council which sets out those aspects of the agreed Statutory or Prevailing Standard which are not being adhered to, requesting that the Council secures immediate compliance with the Statutory or Prevailing Standard;

Failure Notice shall have the meaning set forth in Section 11.1(c) of this Agreement. 1.48 FMV. “FMV” shall mean fair market value determined in accordance with the appraisal or arbitration procedure described in Exhibit B hereto. 1.49

Failure Notice is defined in Section 10.4.2.

Failure Notice shall have the meaning given such term in Section 15.1A hereof.

Failure Notice means a notice from the Acquirer or the E-Money Issuer that a request for payment has been declined in respect of any Transaction.

Failure Notice has the meaning given to it in Schedule 3.2.