Compliance Breaches Sample Clauses
The Compliance Breaches clause defines the obligations and consequences when a party fails to adhere to applicable laws, regulations, or contractual requirements. Typically, this clause outlines the process for identifying, reporting, and remedying such breaches, and may specify timeframes for corrective action or potential penalties. Its core function is to ensure that all parties maintain legal and regulatory compliance throughout the agreement, thereby reducing legal risk and providing a clear framework for addressing violations.
Compliance Breaches. The Parties agree that a material breach of one or more of the covenants or representations (“Compliance Breach”) in this Article 8 shall be sufficient cause for the other Party to terminate this Agreement, , in each case in whole or in part, and to declare all or any of them null and void, in which case the breaching Party agrees that it shall forfeit any claim to any additional payments due to it under any of such terminated agreements, other than payments for services previously rendered under such terminated agreements, in addition to being liable for any damages or remedies available to the other Party under Applicable Law. the breaching Party shall indemnify and hold harmless the other Party from any claims, costs, liabilities, obligations, and damages the other Party incurs (including, without limitation, for the fees of any legal counsel Company may retain or engage) as a result of such Compliance Breach.
Compliance Breaches adopt appropriate procedures to ensure that any material breach of the compliance procedures is reported to it without delay.
Compliance Breaches. (a) Each Party must immediately notify the other Party of any actual, potential or alleged breach of this clause 44 by it or its affiliates or representatives in connection with the Project.
(b) If either Party has reasonable suspicion of any such breach it may notify the other Party in writing that it will be carrying out an audit of the records of the other Party or its affiliates or representatives with respect to the suspected noncompliance.
Compliance Breaches. Distributor shall promptly notify Programmer of any Compliance Breach (as defined below), shall use commercially reasonable efforts to cure such breach and shall provide Programmer with (a) a detailed description of the breach, and (b) regular updates on the status of Distributor's efforts to cure such breach. In addition to any other rights and remedies of Programmer under the Agreement, at law or in equity, in the event that Distributor, any Affiliate System or any Indirect System fails to comply with any provision of this Appendix E, as reasonably determined by Programmer (or notified by Distributor) (each such breach, a "Compliance Breach") and it is Programmer's good faith reasonable belief that such breach will likely result in material harm to Programmer, Programmer shall have the right, exercisable upon written notice to Distributor, to immediately withdraw or suspend Distributor's exhibition rights and the exhibition rights of each Affiliate System and each Indirect System (as well as Distributor's right to contract with Affiliate Systems and Indirect Systems) with respect to any or all of the Licensed Pictures affected by such Compliance Breach if Distributor, such Affiliate System or such Indirect System (as the case may be) does not remedy the Compliance Breach to Programmer's reasonable satisfaction as promptly as practicable.