Noncompliance by Member Sample Clauses

Noncompliance by Member. The Member shall repay that portion of the Subsidy to the Bank, plus interest as may be required by the Bank consistent with the Bank’s AHP Policies and Procedures, that as a result of the Member’s actions or omissions is not used in compliance with the terms of this Agreement, the Application, or the requirements of the AHP Regulations and the Bank’s AHP Policies and Procedures, unless such noncompliance is cured by the Member within a reasonable period of time, as determined by the Bank, or the circumstances of such noncompliance are eliminated through an approved modification of the Application, in accordance with the applicable provisions of the AHP Regulations and Paragraph 11 hereof.
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Noncompliance by Member. The Member shall repay that portion of the Subsidy to the Bank, plus interest as may be required by the Bank consistent with the Bank's AHP Policies and Procedures, that as a result of the Member's actions or omissions is not used in compliance with the terms of this Agreement, the Application, or the requirements of the AHP Regulations and the Bank’s AHP Policies and Procedures.
Sample 1Sample 2Sample 3
Noncompliance by Member. The member shall repay to the Bank the amount of any AHP Subsidy (plus interest, if appropriate) or any portion of the AHP Subsidy as may be required by the Bank consistent with applicable Bank policies and procedures, that, as a result of the member's actions or omissions, is not used in compliance with the commitments or terms of the member’s AHP Application or applicable FHFA regulations; provided, however, that such repayment shall not be required if (i) the noncompliance is cured by the member within a reasonable period of time as determined by the Bank, or (ii) the circumstances of noncompliance are eliminated through a modification of the Application approved by the Bank in accordance with applicable FHFA regulations.
Sample 1Sample 2
Noncompliance by Member. The Member shall repay that portion of the Subsidy to the Bank, plus interest as conclusively determined by the Bank consistent with the Bank’s Initiative Policies and Procedures, that, as a result of the Member’s actions or omissions, is not used in compliance with the terms of the Application or the requirements outlined in the 2022 AHP Implementation Plan that are applicable to the Initiative as indicated in the Manual (“Noncompliance”), unless such Noncompliance is cured by the Member within a reasonable period of time, as determined by the Bank in its sole discretion, or the circumstances of such Noncompliance are eliminated through an approved modification of the Application, in accordance with the applicable provisions of the Bank’s Initiative Policies and Procedures and Paragraph 11. Initiative Policies and Procedures requiring that (i) the Project’s rental units, or applicable portion thereof, must remain occupied by and affordable for households with incomes at or below the levels committed to be served in the Application for the duration of the Retention Period; (ii) the Bank and the Member are to be given notice of any sale, transfer, assignment of title or deed, or refinancing of the Project occurring during the Retention
Sample 1
Noncompliance by Member. The Member shall repay that portion of the Rehabilitation Assistance to the FHLBank, plus interest as conclusively determined by the FHLBank consistent with this Agreement that, as a result of the Member’s actions or omissions, is not used in compliance with the terms of this Agreement, the Application or the requirements of the AHP Regulation, unless such noncompliance is cured by the Member within a reasonable period of time, as determined by the FHLBank, or the circumstances of such noncompliance are eliminated through an approved modification of the application for such Rehabilitation Assistance.
Sample 1

Related to Noncompliance by Member

  • HIPAA Compliance If this Contract involves services, activities or products subject to the Health Insurance Portability and Accountability Act of 1996 (HIPAA), the Contractor covenants that it will appropriately safeguard Protected Health Information (defined in 45 CFR 160.103), and agrees that it is subject to, and shall comply with, the provisions of 45 CFR 164 Subpart E regarding use and disclosure of Protected Health Information.

  • Non-Compliance Any Products or Services that are not in conformity with the requirements of an Order (“Non-Complying Products” and “Non-Complying Services”, respectively), may be returned at DXC’s option at Supplier’s risk and expense. DXC may procure similar Products or Services in substitution for the Non-Complying Products or Services, and Supplier shall refund the cost of the Non-Complying Products and Service and reimburse DXC upon demand for all additional costs incurred by DXC.

  • Noncompliance Standards The AGENCY shall be responsible for adhering to all terms and conditions of this Contract. Noncompliance may result in penalties as stipulated in Attachment “C”.

  • DBE/HUB Compliance The Engineer’s subcontracting program shall comply with the requirements of Attachment H of the contract (DBE/HUB Requirements).

  • Noncompliance Except as otherwise provided for in Sections 10.1, 10.3 and 10.5(b), (a) failure or neglect of any Borrower or any Guarantor or any Person to perform, keep or observe any term, provision, condition, covenant herein contained, or contained in any Other Document or any other agreement or arrangement, now or hereafter entered into between any Borrower or any Guarantor or such Person, and Agent or any Lender, or (b) failure or neglect of any Borrower to perform, keep or observe any term, provision, condition or covenant, contained in Sections 4.6, 4.7, 4.9, 6.1, 6.3, 6.4, 9.4 or 9.6 hereof which is not cured within twenty (20) days from the occurrence of such failure or neglect;

  • CEQA Compliance The District has complied with all assessment requirements imposed upon it by the California Environmental Quality Act (Public Resource Code Section 21000 et seq. (“CEQA”) in connection with the Project, and no further environmental review of the Project is necessary pursuant to CEQA before the construction of the Project may commence.

  • Law Compliance In providing the SOLID WASTE HANDLING SERVICES required by this AGREEMENT, CONTRACTOR shall observe and comply with all applicable federal and, state laws, regulations and codes regarding the provision of the SOLID WASTE HANDLING SERVICES described herein, as such may be amended from time to time, including where required by such laws, the funding and maintenance of sufficient closure and post-closure maintenance financial assurances for any landfill operated or utilized by CONTRACTOR for disposal of the SOLID WASTE. Any violation of this Paragraph shall constitute a major breach.

  • Deemed Compliance with Proposition 65 The Parties agree that compliance by Xxxxxxxx with this Settlement Agreement constitutes compliance with Proposition 65 with respect to exposure to DEHP from use of the Products.

  • PCI-DSS Compliance Merchant shall be in full compliance with rules, regulations, guidelines and procedures adopted by any Card Association or Payment Network relating to the privacy and security of Cardholder and Card transaction data, including without limitation the most up-to-date version of the Payment Card Industry Data Security Standard (PCI-DSS), as amended from time to time by the Payment Card Industry Security Standards Council. Detailed information pertaining to aforementioned requirements may be found at xxxxx://xxx.xxxxxxxxxxxxxxxxxxxx.xxx. Additional information regarding security requirements may be found on the Card Association’s respective web sites.

  • PCI Compliance A. The Acquiring Bank will provide The Merchant with appropriate training on PCI PED and/or DSS rules and regulations in respect of The Merchants obligations. Initial training will be provided and at appropriate intervals as and when relevant changes are made to such rules and regulations.

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