Effects of non-compliance. Owner acknowledges that the Director and the Nevada Department of Taxation have the right and authority to investigate and audit Owner’s compliance with the terms of this Agreement. Owner further acknowledges that pursuant to applicable laws and regulations if the Director determines that the terms and conditions of this Agreement have been violated, the Director may provide Owner notice of the determination and allow Owner an opportunity to be heard regarding the determination. After providing Owner with notice and an opportunity to be heard, if the Director concludes that the terms and conditions of this Agreement have not been complied with, the Director may enter an order suspending the tax abatements and requiring Owner to remediate the failure of compliance, and if Owner does not do so, the Director may revoke the tax abatements and/or further require that the Owner repay taxes abated, fees, costs, and attorney’s fees as are just, appropriate, and necessary under the circumstances.
Effects of non-compliance. (a) The sponsor or any other person who is conducting or has conducted a test to fulfill the requirements of a testing consent agreement or a test rule issued under section 4 of TSCA will be in violation of section 15 of TSCA if:
Effects of non-compliance. Any Transfer performed breaching this Chapter III will be deemed as void ab initio. CHAPTER IV
Effects of non-compliance. 1. Failure to comply with the provisions of these Internal Rules of Conduct, as said Rules develop the provisions of securities market legislation, may result in administrative penalties and criminal responsibilities as relevant under said law.
Effects of non-compliance. The violation of prohibitions laid down in this chapter implies the absolute void of the tender, the adjudication or the contract, in favour of inhibited, and will lead, to the Party, infringing the penalties provided for in this regulation and in our common law.
