Non-completion Notice definition
Examples of Non-completion Notice in a sentence
In the event of any actual or alleged mistake or fraud of the Company, its auditors or any other person in connection with delivery or failure to deliver a Completion Notice or Noncompletion Notice, Escrow Agent shall not have any obligation or liability to any party hereunder.
If the Council fails to give to the Contractor either a Certificate of Completion or a Non-completion Notice within 10 days after receipt of the written notice from the Contractor under clause 10.1, the Contractor may give the Council a further written notice requiring the Council to issue a Certificate of Completion or a Non-completion Notice within seven days after receipt of that further notice.
The Selling Shareholder agrees that if the Escrow Agent has received a Noncompletion Notice with respect to a Milestone, the Escrow Agent shall instruct the Transfer Agent to transfer to the Company for no additional consideration, the portion of the Escrow Shares allocated to such Milestone, as indicated on Exhibit A, (as adjusted for any stock splits, stock combinations, stock dividends or similar transactions).
If the Council fails to give to the Supplier either a Certificate of Completion or a Non-completion Notice within 10 days after receipt of the written notice from the Supplier under clause 15.1, the Supplier may give the Council a further written notice requiring the Council to issue a Certificate of Completion or a Non-completion Notice within seven days after receipt of that further notice.
The Selling Shareholder agrees that if the Escrow Agent has received the Noncompletion Notice with respect to the Milestones, the Escrow Agent shall instruct the Transfer Agent to transfer to the Company for no additional consideration, all of the Escrow Shares (as adjusted for any stock splits, stock combinations, stock dividends or similar transactions).
In the event of any actual or alleged mistake or fraud of the Company, its auditors or any other person in connection with delivery or failure to deliver the Completion Notice or Noncompletion Notice, the Escrow Agent shall not have any obligation or liability to any party hereunder.
The Transferee agrees that if the Escrow Agent has received a Noncompletion Notice with respect to a Milestone, the Escrow Agent shall instruct the Transfer Agent to transfer to the Company for no additional consideration, the portion of the Shares allocated to such Milestone, as indicated on Exhibit A, (as adjusted for any stock splits, stock combinations, stock dividends or similar transactions).