material non-compliance definition
Examples of material non-compliance in a sentence
The Member’s omission of such notification shall result in Member’s obligation to indemnify all costs and damages caused to CROPEX, as well as in Non- Compliance Event or Material Non-Compliance Event, as applicable.
Any such actions shall constitute Material Non-Compliance, as defined in paragraph 18 below.
Landlord may terminate this Lease under paragraph 18, for a Material Non-Compliance.
Tenant’s failure to accept an amendment to this Lease may constitute Material Non-Compliance under paragraph 18 of this Lease.
In case a Material Non-Compliance Event occurs, CROPEX may (at its own discretion) terminate this Member Agreement, without prior written warning and without allowing additional cure periods, with immediate effect and thereby exclude the Member from further Trading.
Acceptance of Tenant Rent without reservation shall not be deemed a waiver of future Material Non-Compliance.
Such notice (a "MATERIAL NON-COMPLIANCE NOTICE"), which shall be explicitly identified as a "material" notice under this Section 2.04(a)(i), shall set forth in reasonable detail the basis for the Company's Material Non-Compliance Notice as well as the Company's view as to the steps to be taken by Seller to address the cessation of Service or material non-compliance.
Any such actions shall constitute Material Non-Compliance under Paragraph 18.
Following receipt of a Material Non-Compliance Notice, Seller shall cooperate with the Company in good faith to resolve the matters referred to therein to the reasonable satisfaction of the Company.
The Member’s omission of such notification shall result in Member’s obligation to indemnify all costs and damages caused to CROPEX, as well as in occurrence of Non-Compliance Event or Material Non-Compliance Event, as applicable.