Compliance Failure definition

Compliance Failure has the meaning given in Clause 28; Notices
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Compliance Failure has the meaning set forth in Section 5.15.
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Compliance Failure. With respect to any calendar month, any one of the following conditions:
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Examples of Compliance Failure in a sentence

  • Compliance: Failure to comply with any of these terms and conditions shall be considered sufficient reason for refusal to accept delivery of the goods.

  • After the prescribed period has expired, if the Compliance Failure has not been cured, Buyer may itself provide, or have any other supplier provide, any and all labor and materials necessary to correct the Compliance Failure.

  • Without prejudice to any other rights, remedies or claims of Buyer, in the event that Buyer, in its sole discretion, determines that Seller at any time has failed to comply with requirements of this Agreement (each, a “Compliance Failure”), Buyer shall have the right to withhold payments or backcharge amounts owed to Seller (“Payment Adjustment”) until such time as the Compliance Failure is remedied or judgment is entered by lawful order of court or other tribunal.

  • Buyer will thereafter make a Payment Adjustment by issuing a Change Order reducing the amount of the applicable payment for all costs and expenses it incurs in connection with the correction of the Compliance Failure.

  • Supplier must notify Apple immediately if it has reason to believe that the Goods provided under this Agreement may (i) produce an Excessive Failure; (ii) produce an Environmental Compliance Failure; or (iii) present a Safety Risk.

  • The occurrence of an Actual WFRSG Compliance Failure will be based on determinations of the compliance performance of the Western Frequency Response Sharing Group as a whole, as provided in the WFRSG Operating Rules, and will be subject to the reporting provisions of Exhibit E.

  • Any Participant that has been designated as an Identified Participant by the NWPP Corporation in accordance with Section 7.3 or 8.1(b)(ii) will promptly deliver written notice to any other Participant (other than those already notified by the NWPP Corporation under Section 7.3 or 8.1(b)(ii)) that the notifying Participant believes has caused or‌ contributed to the applicable Actual WFRSG Compliance Failure.

  • No Participant may allege to an Enforcement Authority that another Participant has caused or contributed to an Actual WFRSG Compliance Failure unless the NWPP Corporation or the alleging Participant has delivered prior written notice to the other Participant under Section 7.3, 8.1(b)(ii), or 9.2 of this Agreement.

  • Manager’s Rights to Cure If Owner learns that actions resulting in a potential Continuing Compliance Failure have occurred (whether from its bond counsel, the IRS or other judicial or regulatory body, Manager or elsewhere), Owner shall provide written notice to Manager describing the nature of the actions and possible violation of the IRS Guidelines.

  • Unless otherwise agreed to by the Board in writing, the Investor shall indemnify and hold harmless the Company and its affiliates from and against any withholding taxes, interest, penalties or other expenses or costs with respect to the Investor’s AEOI Compliance Failure.


More Definitions of Compliance Failure

Compliance Failure. , in relation to a product, means a failure by a relevant person to comply with a relevant security requirement in relation to the product;
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Compliance Failure means a failure to comply with any provision of sections 153.64 , 3781.27 , and 3781.28 to 3781.32 of the Revised Code and divisions (A) and
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Compliance Failure. , in relation to a licensee, means a failure to comply with a provision of this Act or regulations made under this Act;
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Compliance Failure means a failure by a person to comply with—
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Compliance Failure means when the Potable Water exceeds the maximum permissible limits for any Compliance Criteria and shall be determined pursuant to Section 4.4 of this Amended Agreement;
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Compliance Failure means [***]. “Curable Compliance Failure” means a Compliance Failure, that Company determines, in its sole and reasonable discretion, is a single, independent, non-systematic, and non-repetitive administrative error, delay or oversight.
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Related to Compliance Failure

  • Covenant Compliance Event means that Excess Availability at any time is less than ten (10%) percent of the Loan Cap (without giving effect to the Term Loan Reserve). For purposes hereof, the occurrence of a Covenant Compliance Event shall be deemed continuing until Excess Availability has exceeded the amount set forth above for thirty (30) consecutive days, in which case a Covenant Compliance Event shall no longer be deemed to be continuing for purposes of this Agreement. The termination of a Covenant Compliance Event as provided herein shall in no way limit, waive or delay the occurrence of a subsequent Covenant Compliance Event in the event that the conditions set forth in this definition again arise.

  • Compliance cycle means the nine-year calendar year cycle during which public water systems shall monitor. Each compliance cycle consists of three three-year compliance periods. The first calendar year cycle began January 1, 1993 and ends December 31, 2001; the second begins January 1, 2002 and ends December 31, 2010; the third begins

  • Compliance Date means, in each case, the date by which compliance is required under the referenced provision of ARRA’s or HIPAA’s implementing regulations, as applicable.

  • Public Information Failure shall have the meaning ascribed to such term in Section 4.3(b).

  • Compliance year means the calendar year beginning with June 1 and ending with May 31 of the following year, for which a Retail Electricity Supplier must demonstrate that it has met the requirements of this Regulation.

  • Compliance Period means a period of time that the Development shall conform to all set-aside requirements as described further in the rule chapter and agreed to by the Applicant in the Application.

  • Public Information Failure Payments shall have the meaning ascribed to such term in Section 4.3(b).