Material Compliance. Buyer is in material compliance with all applicable Laws and Buyer Contracts relating to this Agreement, and the operation of its business.
Material Compliance. If Provider fails to keep, observe, or perform any material agreement, term, or provision of this Contract for a period of thirty (30) calendar days after notice from the Board specifying the event or events of default. However, no Event of Default shall be deemed to exist where the act, event, or condition is one which by its nature or circumstances reasonably requires more than thirty (30) days to cure and Provider, promptly following receipt of the Board’s notice, in good faith initiates and diligently pursues measures which, upon their conclusion, may reasonably be expected to cure or eliminate the noticed act, event, or condition;
Material Compliance. If Operator fails to keep, observe, or perform any material agreement, term, or provision of this Agreement, and such default continues for a period of thirty (30) calendar days after notice thereof has been given to Operator by the Board specifying the event or events constituting the default, provided that no Event of Default shall be deemed to exist hereunder where the act, event, or condition noticed as constituting the default is one which by its nature or circumstances reasonably requires more than thirty (30) days to cure, and promptly following receipt of notice, Operator in good faith initiates and diligently pursues measures which upon conclusion may reasonably be expected to have cured or eliminated the noticed act, event, or condition;
Material Compliance. To the Knowledge of Company, there are no circumstances that are reasonably likely to prevent or interfere with material compliance with Environmental Laws by Company or its Subsidiaries in the future;
Material Compliance. To the Knowledge of Parent, there are no circumstances that are reasonably likely to prevent or interfere with compliance with Environmental Laws by Parent or its Subsidiaries in the future.
Material Compliance. The Company and the Subsidiaries are in material compliance with all Environmental Laws in respect of the Mineral Properties.
Material Compliance. For all purposes of this Agreement, the term “Material Compliance” by the Stockholder Group shall mean that the Stockholder Group, and each member thereof, is in material compliance with its respective obligations and commitments under this Agreement; provided that (a) in the event that the Company determines that the Stockholder Group, or any member thereof, is in default of any of its respective obligations and commitments set forth in this Agreement, the Company shall promptly provide written notice (which may be in the form of facsimile or email transmission) of such default to the Stockholder, and (b) in the event that the Stockholder Group, or any member thereof, determines that it is in default of any of its respective obligations and commitments set forth in this Agreement, the Stockholder shall promptly provide written notice (which may be in the form of facsimile or email transmission) of such default to the Company; and provided, further that, except in the case of a default of the Stockholder’s and/or the Stockholder Group’s obligations and commitments under Article 3 or Article 4 hereof (for which no cure period will apply), the Stockholder Group, or the applicable member thereof, shall have thirty (30) days following the earlier of the Stockholder’s receipt of written notice pursuant to clause (a) or the Company’s receipt of written notice pursuant to clause (b) to cure such default, in which case the Stockholder Group shall be deemed, during such thirty (30)-day period, to be in “Material Compliance” hereunder.
Material Compliance. To the Company’s Knowledge, each Employee Benefit Plan that is intended to be qualified under Code Section 401(a) is so qualified. All Employee Benefit Plans are materially in compliance with their terms and with the presently applicable provisions of ERISA and the Code. Nothing has occurred with respect to any Employee Benefit Plan that has subjected or would reasonably be expected to subject the Company to a penalty under Section 502 of ERISA or to an excise tax under the Code, or that has subjected or would reasonably be expected to subject any participant in, or beneficiary of, a Company Plan, to a tax under Code Section 4973. All required contributions to, and premium payments on account of, each Employee Benefit Plan have been made on a timely basis and have been properly accrued in accordance with GAAP.
Material Compliance. Licensee is in material compliance with all requirements set forth in each of the FCC licenses pertaining to the Station and in material compliance with all legal requirements associated with the operation of the Station.
Material Compliance. Except as otherwise set forth in Section 4.12(b) of the N-able Disclosure Schedule, each of the Corporation Plans is, and has been, operated in all material respects in accordance with its terms and each of the Corporation Plans, and administration thereof, is, and has been, in compliance in all material respects with the requirements provided by any and all applicable statutes, orders or governmental rules or regulations currently in effect, including, but not limited to, the Code.
