Notice of Change in Status. Credit Parties shall promptly notify Lender of the change or conversion of any of their taxpayer status under the rules of the Internal Revenue Code.
Notice of Change in Status. In registering any person as a Related User, Alternative Member will be representing and warranting that such person satisfies all of the qualifications to be a Related Party. Alternative Member shall immediately notify HRCA in writing if any such person no longer satisfies all of the qualifications to be a Related Party. If Alternative Member breaches this obligation or if Alternative Member or any Related Party uses any of the Recreation Facilities while ineligible for any reason, Alternative Member will be in default and, in addition to any other remedies HRCA has under this Agreement, Alternative Member shall pay to HRCA, as liquidated damages, an amount equal to two times the Annual Fee charged to Alternative Member, pro-rated to per diem amount, from the date of ineligibility through the date HRCA is notified. Alternative Member acknowledges that the actual damages HRCA may suffer will be difficult to determine, and the foregoing amount is agreed to be liquidated damages and not a penalty. Payment of such liquidated damages shall not give the ineligible party any right to use the Recreation Facilities.
Notice of Change in Status. XX Xxxxx will inform the Responsible Party of any significant change in Resident’s physical, mental, or emotional status and/or any transfer of Resident to a hospital. If the Responsible Party cannot be reached in an emergency or other situations indicating a need for services outside of the facility, XX Xxxxx shall take such actions for the benefit of the Resident as appear appropriate under the circumstances.
Notice of Change in Status. The Contractor shall notify the Authority of all changes in permit status, involvement by other regulatory agencies, accidents, and operational changes that reasonably could materially affect operations at, or the movement of materials into/out of, the SEC.
Notice of Change in Status. In the event of substantive change in the legal status, organizational structure, or fiscal reporting responsibility of CONTRACTOR. CONTRACTOR agrees to notify CITY of the change. CONTRACTOR shall provide notice as soon as practicable, but no later than thirty days after such a change takes effect.
Notice of Change in Status. Each policy required of Architect hereunder shall be endorsed to require the insurer to give District at least thirty (30) days’ advance written notice of the insurer’s intention to: cancel, refuse to renew or otherwise terminate the policy; suspend or terminate any coverage under the policy; or otherwise alter any terms or conditions of the policy or of any renewal policy issued by the same insurer.
Notice of Change in Status. A member whose income rises or will rise above the limit during a lease year shall notify SCHA as soon as the change in status is known, at the latest by the time of signing the welfare tax exemption form annually in February. Such a member is subject to the Over-Income Fee described below. Notice of intent (1st year) or request (2nd year or more) to continue membership: Before signing the new lease, an over-income non-student should declare intent or request to continue membership by submitting a written notice to the Board of Directors that includes the reason for wanting to continue membership and any relevant personal circumstances. The Board of Directors will neither approve nor deny the first additional year, which is automatic. The reason for the notice is to consciously reiterate SCHA’s purpose of serving substantially all students and people with low incomes, to aid in planning for property taxes and any other reporting requirements, and to allow for approval or denial in the case of requests for continued membership beyond the automatic first year. Such letters of intent or request should be submitted by the end of June to allow discussion at the July Board meeting and signing of the lease by the end of July (thus giving two full months to find a replacement member in the case the Board of Directors denies the request.)
Notice of Change in Status. Promptly notify Lender of the change or conversion of Borrower’s taxpayer status under the rules of the Internal Revenue Code.
Notice of Change in Status. The Company will, no later than five days after the occurrence of any Change in Status, give written notice of such Change in Status to CoBank. Such notice shall contain and constitute an offer to prepay all of the Loans then outstanding as described in Section 11.01(D) and shall be accompanied by the certificate described in Section 11.01(E).
