Potential Breach definition

Potential Breach means where:
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Potential Breach means a situation, in which either the competent authority has reasonable grounds to suspect that a violation of an AML/CFT requirement has been committed by a firm or that such a violation has been attempted;
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Examples of Potential Breach in a sentence

  • An example of where to include information about the right to cancel in a sales agreement Step 10 – Address Potential Breach of Contract The contract should address what will happen if there’s a dispute over the sales agreement.

  • If at or prior to a Closing Date, the Company has knowledge or written notice of, or reasonably believes there has been, any actual, potential or threatened Incident (as defined in Section 2(xxxix) or any other unauthorized access to or compromise of any Data (as defined in Section 2(xxxix)) (an “Actual or Potential Breach”), the Company shall notify the Representative and provide a reasonably detailed description of the nature of the Actual or Potential Breach.

  • Upon notification by Business Associate, Covered Entity shall perform a risk assessment to determine whether the Potential Breach constitutes a Breach as defined in 45 C.F.R. 164.402.

  • If the Representative determines that the Actual or Potential Breach could have an adverse impact on the purchase, sale, or delivery of the Offered Securities on the Closing Date, then, upon request, the Company shall use its reasonable best efforts to cooperate and follow the reasonable steps and procedures provided by the Representative to redress or safeguard against such Actual or Potential Breach or other unauthorized access in connection with purchase, sale and delivery of the Offered Securities.

  • A brief description of what happened, including the date of the Potential Breach, and the date the Potential Breach was discovered.

  • A brief description of what happened, including the date of the Potential Breach and the date the Potential Breach was discovered.

  • A brief description of what Business Associate is doing to investigate the Potential Breach, to mitigate harm to the Individuals, and to protect against any further Potential Breaches.

  • Upon notification by Business Associate, Provider shall perform a risk assessment to determine whether the Potential Breach constitutes a Breach as defined in 45 C.F.R. 164.402.

  • If at or prior to a Closing Date, the Company or the Underwriters have knowledge or notice of, or reasonably believe there has been, any actual, potential or threatened Incident (as defined in Section 2(xxxviii)) or any other unauthorized access to or compromise of any Data (as defined in Section 2(xxxviii)) (an “Actual or Potential Breach”), the Company shall notify the Representatives and provide a reasonably detailed description of the nature of the Actual or Potential Breach.

  • If the time by which to report the Potential Breach occurs outside of regular business hours and/or neither the DOJ CO nor the COR can be reached, Contractor must call the DOJ Computer Emergency Readiness Team (DOJ-CERT) at 1-866-US4-CERT (▇-▇▇▇-▇▇▇-▇▇▇▇) within one-hour (i.e., 73 hours from detection of the Potential Breach) and contact the DOJ CO and COR as soon as practicable.