No Duty to Monitor Compliance with Obligations. In the course of its work, and consistent with Client’s obligations hereunder, ExED may become aware of instances of non-compliance by Client with its own policies, procedures or other obligations described in Section 5 of this Agreement. ExED may bring such failures to the attention of the Client Administrator or chief executive officer or the presiding officer of the Board, but shall have no obligation to do so, unless the failure directly and materially affects ExED’s ability to carry out its obligations under this Agreement or is the basis for termination of the Agreement for cause.
Appears in 6 contracts
Samples: Management and Accounting Services Agreement, Management and Accounting Services Agreement, Management and Accounting Services Agreement
No Duty to Monitor Compliance with Obligations. In the course of its work, and consistent with Client’s obligations hereunder, ExED may become aware of instances of non-compliance by Client with its own policies, procedures or other obligations described in Section 5 of this Agreement. ExED may bring such failures to the attention of the Client Administrator point of contact or chief executive officer or the presiding officer of the Board, but shall have no obligation to do so, unless the failure directly and materially affects ExED’s ability to carry out its obligations under this Agreement or is the basis for termination of the Agreement for cause.
Appears in 3 contracts
Samples: Management and Accounting Services Agreement, Management and Accounting Services Agreement, Management and Accounting Services Agreement
No Duty to Monitor Compliance with Obligations. In the course of its work, and consistent with Client’s obligations hereunder, ExED may become aware of instances of non-compliance by Client with its own policies, procedures or other obligations described in Section 5 of this Agreement. ExED may bring such failures to the attention of the Client Administrator point of contact or chief executive officer or the presiding officer of the Boardgoverning body of the Client, but shall have no obligation to do so, unless the failure directly and materially affects ExED’s ability to carry out its obligations under this Agreement or is the basis for termination of the Agreement for cause.
Appears in 3 contracts
Samples: Management and Accounting Services Agreement, Management and Accounting Services Agreement, Management and Accounting Services Agreement
