BREACHES OF CONTRACT. The Bank can treat the PFI's taking certain actions, or failing to take certain actions, as a breach of this Contract. A breach of this Contract can lead to a termination of this Contract by the Bank at the Bank's option. Termination is provided for in detail in Article XI. In addition, upon the PFI's breach of this Contract, the Bank, at its option, may revoke the Bank's approval of the PFI as a Mortgage originator, seller or servicer.
BREACHES OF CONTRACT. Any breach of the provisions of this contract shall be considered as a fact justifying the dissolution of the contract at the expense of the party in breach.
BREACHES OF CONTRACT. Deduction on Free Business Grading Changes on the scope and content of mass texting No customer service support or poor support Using Party A’s information without authorization Information remaining unclarified Adding links to free business
BREACHES OF CONTRACT. Any of the following shall constitute a breach of the Contract: If the Landlord has violated any obligation under this Contract; or If the Landlord has demonstrated any intention to violate any obligation under this Contract; or If the Landlord has committed any fraud or made any false statement in connection with the Contract or has committed fraud or made any false statement in connection with any Federal housing assistance program. The LPA’s right and remedies under the Contract include recovery of overpayments, termination or reduction of payments, and termination of the Contract. If the LPA determines that a breach has occurred, the LPA may exercise any of its rights or remedies under the Contract. The LPA shall notify the Landlord in writing of such determination, including a brief statement of the reasons for the determination. The notice by the PHA to the landlord may require the Landlord to take corrective action by a time prescribed in the notice. Any remedies employed by the LPA in accordance with this Contract shall be effective as provided in a written notice by the LPA to the Landlord. The (LPA's) exercise or non-exercise of any remedy shall not constitute a waiver of the right to exercise that or any other right or remedy at any time. The LPA does not assume any responsibility for, or liability to, any person injured as a result of the Landlord's action or failure to act in connection with the implementation of this Contract, or as a result of any other action or failure to act by the Landlord. The Landlord is not the agent of the LPA and this Contract does not create or affect any relationship between the LPA and any lender to the Landlord, or any suppliers, employees, contractors or subcontractors used by the Landlord in connection with this Contract. Nothing in this Contract shall be construed as creating any right of the Tenant or a third party (other than HUD) to enforce any provision of this Contract or to assess any claim against HUD, the LPA or the Landlord under this Contract.
BREACHES OF CONTRACT. 21.1 In the event of any Breach of an IPA or the Framework Contract which is a fundamental breach of such seriousness that it justifies immediate termination (which may include cumulative, or repeated Breaches), given that the best interests of the Child are paramount, the Party with the right to terminate shall, nevertheless, seek to exercise any such right in a manner which shall be consistent with the Child's best interests and the party in breach shall, as a residual contractual obligation, reasonably co- operate in that purpose.
BREACHES OF CONTRACT. Section VIII-A(2) of the Contract is modified to include the following additional acts or omissions that will constitute a breach of the Contract: - Lender's failure to deliver and pledge the Collateral as required under the DUS Reserve Agreement; or - Lender's failure to pay in a timely manner any of its Payment Obligations (as defined in the DUS Loss Sharing Agreement) when required under the DUS Loss Sharing Agreement; or - Lender's repudiation or, within any applicable cure period, failure to perform any of its other obligations under the DUS Reserve Agreement or the DUS Loss Sharing Agreement; or - Lender's material failure to underwrite, originate, deliver or service any DUS Mortgage in accordance with the DUS Guide; or - Lender's failure timely to deliver to Fannxx Xxx, xx accordance with the DUS Guide in effect on the date of the applicable DUS Commitment, a Mortgage for which Fannxx Xxx has issued a mandatory delivery DUS Commitment; or - Disclosure by Lender, its employees or investors of any Confidential Information other than in accordance with the DUS Contract.
BREACHES OF CONTRACT. 6.2.1 Either Party A or Party B refuses to perform or delays the performance of the assistance liability in the registration of share transfer. If a Party fails to provide the application data timely in accordance with the relevant rules, it shall be deemed as a delay of performance if it further fails to provide the relevant data within three days after the registration authority notifies in writing or, if there is no such notice in writing by the registration authority, the relevant party urges in writing.
6.2.2 Party B fails to pay the price in accordance with this Agreement.
6.2.3 Either Party fails to perform the notification, confidentiality or assistance liabilities in accordance with this Agreement or the business practice.
BREACHES OF CONTRACT. Neither the execution nor the delivery of this Agreement by Hockley, nor the performance of any of its obligations hereunder, will result in a breach or violation of any term or provision of or constitute a default under any indenture, mortgage or other agreement or instrument to which Hockley is a party. Neither the execution nor the delivery of this Agreement by the Transferring Shareholders, nor the performance of any its obligations hereunder, will result in a breach or violation of any term or provision of or constitute a default under any indenture, mortgage, or other agreement under which any of them is bound, or any law or order, rule, regulation, writ, injunction, or decree of any government, governmental instrumentality or court having jurisdiction over the Transferring Shareholders or any of its assets or rights, or result in the creation or imposition of any lien, charge, or encumbrance of any kind whatsoever on any of such assets or rights.
BREACHES OF CONTRACT. Neither the execution nor the delivery of this Agreement by Flour City, nor the performance of any obligations hereunder, will result in a breach or violation of any term or provision of or constitute a default under any indenture, mortgage or other agreement or instrument to which Flour City is a party which would prevent Flour City from executing and performing under this Agreement. Neither the execution nor the delivery of this Agreement by Flour City, nor the performance of any its obligations hereunder, will result in a breach or violation of any term or provision of or constitute a default under an indenture, mortgage, or other agreement under which any of them is bound, or any law or order, rule, regulation, writ, injunction or decree of any government, governmental instrumentality or court having jurisdiction over Flour City or any of its assets or rights, or result in the creation or imposition of any lien, charge, encumbrance of any kind whatsoever on any of such assets or rights which would prevent Flour City from executing and performing under this Agreement.
BREACHES OF CONTRACT. The Lender’s taking certain actions, or failing to take certain actions, can be treated by us as a breach of contract. A breach of contract can lead to a termination of the Contract. Termination is provided for in detail in Section IX.
A. Specific Breaches of Contract Breaches of this Contract include the following: 1. Harm, Damage, Loss, or Untrue Warranties. It is a breach if any act or omission of the Lender in connection with the origination and sale to us of any mortgage or participation interest causes us harm, damage, or loss. It is also a breach if the Lender sells us any mortgage or participation interest knowing that any of the mortgage warranties are untrue. (these warranties are listed in Section IV A). 2. Failure to Comply with This Contract or Our Guides. It is a breach if the Lender does not comply with this Contract or our Guides through any act or omission, including, without limitation, the following: • failure to establish and maintain accounts for our funds or mortgagors’ funds as required by our Guides; • use of our or mortgagors’ funds in any manner other than that permitted by our Guides, including the Lender’s failure to deposit all mortgage funds if, when, and to the extent required by our Guides; • failure to remit all funds due to us within the time periods required by our Guides; • failure to make or ensure, according to the provisions of each mortgage or of applicable laws or regulations, proper and timely payment of all: • taxes; • assessments; • leasehold payments; • ground rents; 12/01
