Failure to Maintain Good Standing Status. If Owner fails to meet or maintain any of the conditions that constitute Good Standing Status, then Owner's membership in the RCI Weeks Program shall terminate automatically without any further action by either party. Despite expiration or termination of the Rental Agreement for any reason or termination of Owner’s membership in the RCI Weeks Program, Owner agrees to honor and allow use of the Unit for any deposited Week(s) that have been reserved for use by an RCI member prior to such termination. Failure to maintain Good Standing Status may result in cancellation of Owner’s planned use of an exchanged Week.
Failure to Maintain Good Standing Status. If the Contractor fails to cure the noncompliant Work Product within ten (10) Business Days from the Noncompliance Date, or an extended timeframe agreed upon by the Contractor and the CAO, the Contractor shall be deemed not to have “Good Standing Status” under this Agreement. Until the CAO determines that the Contractor has cured such noncompliant Work Product and has given notice to the Contractor that it has “Good Standing Status,” the CAO and the Client may delay or deny any payments for such noncompliant Work Product, unless such Noncompliance was due to a change in the standards in Section 13 of this Agreement that occurred after the Contractor completed the Work Product.
