Default Upon Non-Compliance Sample Clauses

Default Upon Non-Compliance. Failure to comply with this section or to maintain the requisite insurance coverage shall constitute a material breach of this Charter and constitute good cause for termination.
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Default Upon Non-Compliance. The School shall be in material default of this Charter for failure to procure, maintain and keep in effect the insurance as required by this Charter.
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Default Upon Non-Compliance. The School shall be in default of this Charter should it fail to procure, maintain and keep in effect the insurance coverages required by this Charter. Lapse of insurance coverage as described in this Charter will be considered good cause for recommendation of termination of this Charter.
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Default Upon Non-Compliance. Neither approval by the Sponsor nor failure to 9 disapprove the insurance furnished by the School shall relieve the School of the 10 School's full responsibility to provide the insurance as required by this Charter. 11 Failure to comply with this section or to maintain the requisite insurance coverage 12 shall constitute a m aterial breach of th is Contract and constitute good cause for 13 termination.
Sample 1
Default Upon Non-Compliance. The School shall be in material default of this Charter for failure to procure, maintain and keep in effect the insurance as required by this Charter. If the Sponsor becomes aware that the School does not have in effect any required insurance coverage, it shall give written notice to the School, and the School shall procure such insurance and provide a certificate of insurance to the Sponsor, as soon as reasonably possible, but no later than two (2) school days after receipt of such notice.
Sample 1
Default Upon Non-Compliance. Neither approval by the Sponsor nor failure to disapprove the insurance furnished by the School shall relieve the School of the School’s full responsibility to provide the insurance as required by this Contract. The School shall be in default of this Contract for failure to maintain such insurance as required by this Contract, provided further that the insurance requirements in this Contract shall not be construed to waive the Sponsor’s sovereign immunity or limits of liability set forth in Section 768.28, Florida Statute.
Sample 1

Related to Default Upon Non-Compliance

  • Rights Upon Event of Default (a) As long as an Event of Default under this Agreement remains unremedied, Holders of not less than 50% of the outstanding Class Principal Balance of the Original Notes (in each case the outstanding Class Principal Balance of the Original Notes will be determined without regard to any exchanges of Class M Notes for MAC Notes) to which such Event of Default relates may, by written notice to Freddie Mac, declare such Notes due and payable and accelerate the maturity of such Notes. In the event that Class M Notes have been exchanged for MAC Notes, Holders of such MAC Notes will be entitled to exercise all the voting or direction rights that are allocated to such exchanged Class M Notes as described herein. Upon such acceleration, the Class Principal Balance of such Notes and the interest accrued thereon shall be due and payable.

  • Consequences of non-compliance If a beneficiary breaches any of its obligations under this Article, the grant may be reduced (see Article 43). Such breaches may also lead to any of the other measures described in Chapter 6.

  • Remedies Upon Event of Default If any Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions:

  • Notification of Non-Compliance If Seller is unable to comply with the obligations stated in this Section, Seller shall promptly notify Apple, and Apple may take any one or more of the following actions: (i) suspend the transfer of Confidential Data to Seller; (ii) require Seller to cease processing Confidential Data; (iii) demand the secure return or destruction of Confidential Data; and/or (iv) immediately terminate this Agreement.

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