Noncompliance with the Agreement Sample Clauses

Noncompliance with the Agreement. The Company is bound to immediately inform the Shareholders about any act, fact or omission that might constitute noncompliance with this Agreement, as well as to take any action required by subsequent law as a condition for the maintenance of the validity and efficacy of this Agreement.
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Noncompliance with the Agreement. If Smixx & Wesson receives a request for a compliance review from Plaintiffs' compliance liaison, ATF, or state or local law enforcement as a result of alleged noncompliance with this Agreement by an authorized distributor or dealer, Smixx & Wesson will either immediately terminate sales to the authorized distributor or dealer allegedly in noncompliance or will take the following actions. Within seven (7) business days of receiving such a request for a compliance review, Smixx & Wesson will notify the authorized distributor or dealer, will inform the authorized distributor or dealer of the alleged noncompliance, and will request information regarding the alleged noncompliance. The authorized distributor or dealer will then have fifteen (15) days to provide Smixx & Wesson with the requested information. If Smixx & Wesson determines that the authorized distributor or dealer is in violation of the Agreement, Smixx & Wesson will provide no further product to the authorized distributor or dealer until Smixx & Wesson determines that the authorized distributor or dealer is in compliance with the Agreement. Smixx & Wesson shall inform Plaintiffs' compliance liaison (and, if applicable, ATF and the state or local law enforcement agency if it initiated the request for a compliance review) of its notifications and decisions and shall provide them with the information provided by the authorized distributor or dealer. If Plaintiffs' compliance liaison determines that suspension or termination of the authorized distributor or dealer is warranted, and Smixx & Wesson has not taken this action, Plaintiffs' compliance liaison may request that the court approving and issuing a consent decree pursuant to this Agreement direct Smixx & Wesson to do so.
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Noncompliance with the Agreement. In the event of a Default or if the Municipality is otherwise in substantial noncompliance with any term of this Agreement, the County reserves the right to:
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Related to Noncompliance with the Agreement

  • Compliance with the Act All matters related to the operations of the Company not specifically addressed herein must be addressed in accordance with the Act. The Company must comply with all other provisions of the Act in order to stay compliant with the law.

  • Compliance with the Laws and Agreements; No Defaults (a) Each of the Borrower and each Subsidiary is in compliance with all Governmental Requirements applicable to it or its Property and all agreements and other instruments binding upon it or its Property, and possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of its business, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

  • Compliance with the Law The Parties agree to comply fully with all applicable federal, state, and local statutes, ordinances, rules, and regulations applicable to their entity in connection with the programs contemplated under this Agreement.

  • Compliance with Terms Such Grantor will perform and comply with all obligations in respect of the Collateral owned by it and all agreements to which it is a party or by which it is bound relating to such Collateral.

  • Compliance with the FDIC Rule The Seller agrees to (i) perform the covenants set forth in Article XII of the Indenture applicable to it and (ii) facilitate compliance with Article XII of the Indenture by the Ally Parties.

  • Compliance with FCPA Each of the Credit Parties and their Subsidiaries is in compliance with the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq., and any foreign counterpart thereto. None of the Credit Parties or their Subsidiaries has made a payment, offering, or promise to pay, or authorized the payment of, money or anything of value (a) in order to assist in obtaining or retaining business for or with, or directing business to, any foreign official, foreign political party, party official or candidate for foreign political office, (b) to a foreign official, foreign political party or party official or any candidate for foreign political office, and (c) with the intent to induce the recipient to misuse his or her official position to direct business wrongfully to such Credit Party or its Subsidiary or to any other Person, in violation of the Foreign Corrupt Practices Act, 15 U.S.C. §§ 78dd-1, et seq.

  • Compliance with Agreements and Covenants Purchaser shall have performed and complied in all material respects with all of its covenants, obligations and agreements contained in this Agreement to be performed and complied with by it on or prior to the Closing Date.

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