LACK OF PROGRESS Sample Clauses

LACK OF PROGRESS. Any lack of progress which significantly endangers substantial performance of the project within the specified time shall be deemed a violation of the terms of this Agreement. The determination of lack of progress shall be solely within the discretion of the Commission. The Commission shall notify the Sponsor in writing once such a determination is made.
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LACK OF PROGRESS. If the Buyer is not satisfied with the Supplier's progress in repairing or replacing the Goods, the Buyer may either:
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LACK OF PROGRESS. Either Party may terminate this Agreement, without any further obligation to the other Party, if (i) Seller has not, for any reason, issued by December 31, 2011 a notice to proceed with construction of the Exchange Resource, or (ii) for any reason, the Commercial Operation Date has not occurred by June 30, 2013.
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LACK OF PROGRESS. The Inspecting Engineer reports that construction of the Project lags more than thirty (30) days behind the schedule detailed in the Schedule and thereafter, within sixty (60) days of the date of the Inspecting Engineer’s report, construction of the Project has not been restored to conform with the Schedule.
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LACK OF PROGRESS. If the Buyer is not satisfied with the Supplier's progress in repairing or replacing the Goods, the Buyer may either: reject the Goods by Notice to the Supplier, in which case clausesclause 3.6 to 3.75 will apply; or arrange for the Goods to be repaired by someone else, in which case the Supplier will reimburse all costs and expenses incurred by the Buyer in doing so. Rejection : If the Supplier receives a Notice from the Buyer rejecting the Goods, it must : remove any rejected Goods from the Buyer's premises at its own risk and expense. If the Supplier does not remove the rejected Goods within 15 Business Days of Notice of rejection, and if the Supplier fails to do so the Buyer may return the Goods and recover from the Supplier any cost and expense incurred., and If the Buyer rejects any Goods, the Supplier, at the Supplier’s cost, will do whichever onedo either of the following the Buyer elects. The Buyer must state the action required in its Notice issued under clause 3.3of rejection: provide a full refund of the Charges paid for the rejected Goods, within 10 Business Days of the Buyer electing to receive a refund, or provide a credit for the Charges paid for the rejected Goods, against the Charges payable for other Goods, or. promptly replace the rejected Goods with Goods that meet the requirements of this Contract. No limitation : The Buyer's rights under clauses 3.2 to 3.75 are in addition to, and do not limit, any other rights or remedies the Buyer may have. Ownership and risk Ownership of Goods : Ownership in the Goods passes to the Buyer on the earlier of: the date the Buyer has paid the Charges for those Goods, xxxxx the date those Goods have been delivered.
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LACK OF PROGRESS. If the Buyer is not satisfied with the Supplier's progress in repairing, replacing or resupplying the Goods or Services, the Purchaser may either: reject the Goods or Services by written notice to the Supplier, in which case clause 5.5 will apply; or arrange for the Goods or Services to be repaired or resupplied by someone else, in which case the Supplier will reimburse all costs and expenses incurred by the Purchaser in doing so.
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LACK OF PROGRESS. If the Buyer is not satisfied with the Supplier's progress in repairing or replacing the Goods, the Buyer may either: reject the Goods by Notice to the Supplier, in which case clause 3.5 will apply; or arrange for the Goods to be repaired by someone else, in which case the Supplier will reimburse all costs and expenses incurred by the Buyer in doing so. Rejection: If the Supplier receives a Notice from the Buyer rejecting the Goods, it must: remove any rejected Goods from the Buyer's premises at its own risk within 15 Business Days of Notice of rejection, and if the Supplier fails to do so the Buyer may return the Goods and recover from the Supplier any cost and expense incurred, and do either of the following the Buyer elects in its Notice of rejection: provide a full refund of the Charges paid for the rejected Goods, within 10 Business Days of the Buyer electing to receive a refund, or provide a credit for the Charges paid for the rejected Goods, against the Charges payable for other Goods.
Sample 1
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Related to LACK OF PROGRESS

  • Certain Interests (a) No stockholder, officer or director of the Company or any Subsidiary and no relative or spouse (or relative of such spouse) who resides with, or is a dependent of, any such stockholder, officer or director:

  • Default in Performance of Other Covenants and Conditions The Borrower or any other Credit Party shall default in the performance or observance of any term, covenant, condition or agreement contained in this Agreement (other than as specifically provided for otherwise in this Section) or any other Loan Document and such default shall continue for a period of thirty (30) days after written notice thereof has been given to the Borrower by the Administrative Agent.

  • Development Rights The Employee agrees and declares that all proprietary information including but not limited to trade secrets, know-how, patents and other rights in connection therewith developed by or with the contribution of Employee's efforts during his employment with the Company shall be the sole property of the Company. Upon the Company's request (whenever made), Employee shall execute and assign to the Company all the rights in the proprietary information.

  • Condominiums If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development), or stock in a cooperative housing corporation, such condominium, cooperative or planned unit development project meets the eligibility requirements of Fxxxxx Mxx and Fxxxxxx Mac.

  • Partnership Interests Except as may otherwise be provided herein, each Partner’s percentage interest in the assets, profits, and distributions of the Partnership (“Partnership Interest”) shall be as set forth in Exhibit B attached hereto and incorporated herein by reference.

  • Method of Realizing Upon the Pledged Property: Other Remedies Upon the occurrence of an Event of Default, in addition to any rights and remedies available at law or in equity, the following provisions shall govern the Secured Party’s right to realize upon the Pledged Property:

  • Liability of Members The Members shall not have any liability for the obligations or liabilities of the Company except to the extent provided in the Act.

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