Stop Notice Sample Clauses

Stop Notice. 1. District may issue a Stop Notice to Recipient should any of the following occur: a) Breach, or failure to abide by any terms or conditions of this Agreement; b) Assignment of any benefits of this Agreement, or delegation of any duties due under this Agreement to a third party; c) Bankruptcy, or dissolution of Recipient; d) Failure by Recipient to perform duties and responsibilities in a timely, professional or competent manner; e) Failure by Recipient to make reasonable progress toward implementing this Agreement. 2. Upon receipt of a Stop Notice Recipient shall cease implementation of the Project by the date indicated in the notice.
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Stop Notice. Each Holder agrees that, upon receipt of any notice (a ----------- "Stop Notice") from the Parent that the Board of Directors of the Parent has determined, in its good faith reasonable judgment, that the disposition of the Shares pursuant to the registration statement would materially interfere with, or require the premature disclosure of, any financing, acquisition or reorganization involving the Parent or any of its subsidiaries, or otherwise would require premature disclosure of any other material nonpublic information as to which the Parent has a good faith, bona fide business purpose for maintaining its confidentiality (the "Board of Directors' Determination"), such Holder will immediately discontinue disposition of the Shares pursuant to the registration statement until such Holder's receipt of a copy of a supplemented or amended prospectus or written notice from the Parent that the reason for the Board of Directors' `Determination has lapsed and, if so directed by the Parent, such Holder shall deliver to the Parent (at the expense of the Parent) or destroy (and deliver to the Parent a certificate of destruction) all copies in its possession, of the prospectus covering the Shares current at the time of receipt of the Stop Notice; provided, however, that any restriction on trading -------- ------- resulting from a Board of Directors' Determination shall be limited to a maximum of thirty (30) consecutive days and ninety (90) days in any 12-month period; and, provided further, that the period set forth in Section 1 of this attachment shall be extended by one day for each day that a Stop Notice remains in effect.
Sample 1
Stop Notice. Each Lender acknowledges and agrees that in issuing, amending, renewing or extending any Letter of Credit, the applicable Issuing Bank shall be entitled to conclusively rely, and shall not incur any liability for relying, upon the representation and warranty of the Borrower deemed made pursuant to Section 3.02. If the Required Lenders reasonably determine at any time that the conditions set forth in Section 3.02 would not be satisfied in respect of the issuance of a Letter of Credit at such time, then the Required Lenders may request that the Administrative Agent issue a “Stop Notice” to the Issuing Banks, whereupon the Administrative Agent shall issue such notice to each Issuing Bank. No Letter of Credit shall be issued, amended to increase the amount thereof, renewed or extended while a Stop Notice is in effect; provided that an Issuing Bank shall incur no liability for an issuance, amendment, renewal or extension of any Letter of Credit while a Stop Notice is in effect (and neither its rights nor the obligations of the Borrower or the Lenders hereunder with respect to any such Letter of Credit shall be diminished or otherwise affected in any manner) unless such Issuing Bank shall have received such Stop Notice at least one Domestic Business Day prior to the time such Letter of Credit is so issued, amended, renewed or extended (or, in the case of an automatic extension permitted pursuant to Section 2.04(b)(iii), at least one Domestic Business Day prior to the time by which the notice of termination or non-extension must be made by the applicable Issuing Bank). The Administrative Agent and the Issuing Banks may conclusively rely upon any Stop Notice while it remains in effect. Any Stop Notice shall be withdrawn upon a determination by the Required Lenders that the circumstances giving rise thereto no longer exist. The Required Lenders may request issuance of a Stop Notice under this Section 2.04(f) only if there is a reasonable basis therefor, and shall consider reasonably and in good faith a request by the Borrower for withdrawal thereof on the basis that the conditions in Section 3.02 would be satisfied.
Sample 1
Stop Notice. If DataCo concludes that a breach of the Conditions of Use (and/or Compliance Undertaking) has occurred but has not been remedied to DataCo’s reasonable satisfaction, it shall then be entitled (but not obliged) to issue a notice to the Relevant NMC Member requiring it within one (1) Business Day to:
Sample 1

Related to Stop Notice

  • CAFA Notice Pursuant to 28 U.S.C. § 1715, not later than ten (10) days after the Agreement is filed with the Court, the Settlement Administrator shall cause to be served upon the Attorneys General of each U.S. State in which Settlement Class members reside, the Attorney General of the United States, and other required government officials, notice of the proposed settlement as required by law, subject to Paragraph 5.1 below.

  • STOP WORK NOTICE The City may issue an immediate Stop Work Notice in the event the Contractor is observed performing in a manner that is in violation of Federal, State, or local guidelines, or in a manner that is determined by the City to be unsafe to either life or property. Upon notification, the Contractor will cease all work until notified by the City that the violation or unsafe condition has been corrected. The Contractor shall be liable for all costs incurred by the City as a result of the issuance of such Stop Work Notice.

  • Public Notice The Discharger understands that this Stipulated Order will be noticed for a 30-day public review and comment period prior to consideration by the Central Valley Water Board, or its delegee. If significant new information is received that reasonably affects the propriety of presenting this Stipulated Order to the Central Valley Water Board, or its delegee, for adoption, the Assistant Executive Officer may unilaterally declare this Stipulated Order void and decide not to present it to the Central Valley Water Board, or its delegee. The Discharger agrees that it may not rescind or otherwise withdraw its approval of this proposed Stipulated Order.

  • Notice to FINRA For a period of ninety (90) days after the date of the Prospectus, in the event any person or entity (regardless of any FINRA affiliation or association) is engaged, in writing, to assist the Company in its search for a Target Business or to provide any other services in connection therewith, the Company will provide the following to FINRA and the Representative prior to the consummation of the Business Combination: (i) complete details of all services and copies of agreements governing such services; and (ii) justification as to why the person or entity providing the merger and acquisition services should not be considered an “underwriter and related person” with respect to the Offering, as such term is defined in Rule 5110 of the FINRA Manual. The Company also agrees that, if required by law, proper disclosure of such arrangement or potential arrangement will be made in the tender offer documents or proxy statement which the Company will file with the Commission in connection with the Business Combination.

  • Response to Notice Within ten business days of receiving the Claim Notice, the Respondent must notify the Claimant of its representative to negotiate the dispute.

  • Notice to NASD In the event any person or entity (regardless of any NASD affiliation or association) is engaged to assist the Company in its search for a merger candidate or to provide any other merger and acquisition services, the Company will provide the following to the NASD and EBC prior to the consummation of the Business Combination: (i) complete details of all services and copies of agreements governing such services; and (ii) justification as to why the person or entity providing the merger and acquisition services should not be considered an "underwriter and related person" with respect to the Company's initial public offering, as such term is defined in Rule 2710 of the NASD's Conduct Rules. The Company also agrees that proper disclosure of such arrangement or potential arrangement will be made in the proxy statement which the Company will file for purposes of soliciting stockholder approval for the Business Combination.

  • Stop-Transfer Notices Purchaser agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make appropriate notations to the same effect in its own records.

  • Termination Warning Notice B The Secretary of State may serve a Termination Warning Notice where he considers that:

  • Notice to the Holder Whenever the Conversion Price is adjusted pursuant to any provision of this Section 5, the Company shall deliver to each Holder within two (2) Business Days a notice setting forth the Conversion Price after such adjustment and setting forth a brief statement of the facts requiring such adjustment.

  • Notice of Recall When Employees are to be recalled by the Employer, they shall be notified by Registered Mail or any other written means the Employer may wish to utilize to their last place of residence known to the Employer, and if they fail to report within fifteen (15) calendar days after the delivery or receipt of such notice, the Employer shall not be under any obligation to re-employ them.

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