Act or Omission definition

Act or Omission means any good-faith act or omission that is in any way connected with this Agreement, and includes: (i) the performance, and non-performance, of duties under this Agreement; (ii) the exercise of discretion, and failure to exercise discretion, in connection this Agreement; (iii) the interpretation of this Agreement, or of any law, policy (including the Exchange Policy), rule, regulation or order; and (iv) the enforcement of, and failure to enforce, this Agreement.
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Act or Omission means any act or omission described in sec­ tion 179E(1)(a)
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Examples of Act or Omission in a sentence

  • Your Act or Omission: Any act, omission or order of yours, your agents, any owner of personal effects or other commodities in your shipment, or any agent of any owner of personal effects or other commodities in your shipment, including any act or omission of any service providers you, your agent, an owner or owner’s agent engage to perform any services with respect to personal effects or other commodities in your shipment.

  • Requirement of a Voluntary Act; Omission Liability; Possession Liability(a) Voluntary Act or Omission Required.

  • Harmless the Released Parties and each of them From and Against Any Loss, Liability, Damage, Cost, Claim, Expense or Demand Against any of the Released Parties Arising out of or Related to the Undersigned’s Participation in the “Artist Alley”; Whether Caused by the Negligence of any of the Released Parties, the Undersigned’s Act or Omission, Any Act or Omission of a Person Assisting or Sharing a Table Rental With the Undersigned, or Otherwise.

  • Signature of Grievant Date District Officer Occasioning the Grievance The Date Grievant Became Aware of the Act or Omission Giving Rise to the Grievance Briefly describe the reasons for appeal of the decision from Level One.

  • In the event Agency fails to perform under this Agreement due the Act or Omission of Agency, Client shall give Agency written notice detailing the nature ofAgency’s fault and possible remedies, whereupon Agency shall have a reasonable period of time (but in no event less than 30 days) to cure such default.

  • Without limiting AOF Beta’s obligations under clause 5.2 in relation to the condition in clause 5.1(b) and clause 7.3(a)(iii), AOF Beta is not liable for any act, matter or thing done or not done by any Third Party, including any breach of a Third Party Document by a Third Party, (each a Third Party Act or Omission) and GPC Australia must not bring a Claim against AOF Beta in respect of any Third Party Act or Omission.

  • Commence Time Running from Date of the Act or Omission that Constitutes a Breach of Duty The modern trend in limitation legislation is to move away from a single accrual rule in defining the running of time.42 Various approaches are possible but the differences are more theoretical than practical.

  • Limit of Liability:$2,000,000 $2,000,000Per Insured for each Educators Professional Liability Act or Omission Aggregate per Insured for all EducatorsProfessional Liability Acts or OmissionsB.

  • The Contractor shall be responsible to indemnify the Railway Administration in case of any damages claimed for any injury or what so ever sustained by any third party or any Railway Personnel, Administration of any Act or Omission or Compensation of the Contractor of his Agents or found vicariously liable to compensate by any authority or Court of Law.

  • Educators Employment Liability Acts$2,000.000Per Insured for each Educatorsor Omissions Limit of Liability: Employment Liability Act or Omission $2,000,000Aggregate per Insured for all Educators Employment Liability Acts or Omissions(See Item 4.F. for sublimit regarding Claims we elect to defend)C.

Related to Act or Omission

  • Willful Misconduct means any act or failure to act with an intentional disregard of any provision of this Agreement, which a party knew or should have known if it was acting as a reasonable person, which would result in injury, damage to life, personal safety, real property, harmful consequences to the other party, but shall not include any error of judgment or mistake made in good faith.

  • Contract or other written agreement means a binding agreement between an educational agency and a third-party, which includes, but is not limited to, an agreement created in electronic form and signed with an electronic or digital signature or a click-wrap agreement that is used with software licenses, downloaded, and/or online applications and transactions for educational technologies and other technologies in which a user must agree to terms and conditions prior to using the product or service.

  • Negligence means the failure to exercise "Reasonable Care".

  • contract or transaction means any transaction of whatever form and whatever the applicable law, whether comprising one or more contracts or similar obligations made between the same or different parties; for this purpose ‘contract’ includes a bond, guarantee or indemnity, particularly a financial guarantee or financial indemnity, and credit, whether legally independent or not, as well as any related provision arising under, or in connection with, the transaction;

  • Wilful Misconduct means intentional disregard of good and prudent standards of performance or proper conduct under the Contract with knowledge that it is likely to result in any injury to any person or persons or loss or damage of property.

  • Sexual misconduct means any verbal, nonverbal, written, or electronic communication, or any other act directed toward or with a student that is designed to establish a sexual relationship with the student, including a sexual invitation, dating or soliciting a date, engaging in sexual dialogue, making sexually suggestive comments, self-disclosure or physical exposure of a sexual or erotic nature, and any other sexual, indecent, or erotic contact with a student.

  • Gross Negligence means any act or failure to act (whether sole, joint or concurrent) by a person or entity which was intended to cause, or which was in reckless disregard of or wanton indifference to, avoidable and harmful consequences such person or entity knew, or should have known, would result from such act or failure to act. Notwithstanding the foregoing, Gross negligence shall not include any action taken in good faith for the safeguard of life or property.

  • Official misconduct means a notary's performance of any act prohibited or failure to perform any act mandated by this chapter or by any other law in connection with a notarial act.

  • Misconduct means the commission of any act of fraud, embezzlement or dishonesty by the Optionee or Participant, any unauthorized use or disclosure by such person of confidential information or trade secrets of the Corporation (or any Parent or Subsidiary), or any other intentional misconduct by such person adversely affecting the business or affairs of the Corporation (or any Parent or Subsidiary) in a material manner. The foregoing definition shall not in any way preclude or restrict the right of the Corporation (or any Parent or Subsidiary) to discharge or dismiss any Optionee, Participant or other person in the Service of the Corporation (or any Parent or Subsidiary) for any other acts or omissions, but such other acts or omissions shall not be deemed, for purposes of the Plan, to constitute grounds for termination for Misconduct.

  • Professional Misconduct means conduct inconsistent with the Act, this By-law, the Rules of Professional Conduct or the Standards and Guidelines of Practice that poses or may pose a risk of harm or loss to any person;

  • Intentional Wrongdoing means an act or omission taken or omitted by a Party with knowledge or intent that injury or damage could reasonably be expected to result.

  • Fraud means any offence under laws creating offences in respect of fraudulent acts or at common law in respect of fraudulent acts in relation to the Contract or defrauding or attempting to defraud or conspiring to defraud the Crown.

  • Willful means any act or omission by the Executive that was in good faith and with a reasonable belief that the action or omission was in the best interests of the Company or its affiliates. Any act or omission based upon authority given pursuant to a duly adopted Board resolution, or, upon the instructions of any senior officer of the Company, or based upon the advice of counsel for the Company will be conclusively presumed to be taken or omitted by the Executive in good faith and in the best interests of the Company and/or its affiliates.

  • Omission is the failure to submit part or all of the information or documentation required in the tendering document.

  • Breach of Contract means the failure of a Party to perform any of its obligations in accordance with this Contract, in whole or in part or in a timely or satisfactory manner. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach. If Contractor is debarred or suspended under §24-109-105, C.R.S. at any time during the term of this Contract, then such debarment or suspension shall constitute a breach.

  • Agent-Related Persons means Agent, together with its Affiliates, officers, directors, employees, attorneys, and agents.

  • Contract or Contract Document means the written agreement executed by the Owner and Contractor setting forth the obligations of the parties, including but not limited to performance of the work, furnishing of labor, equipment and materials, and the basis of payment. It shall include but not necessarily be limited to the Request for Qualifications, Contractor’s Submittal, the Invitation for Bid, the Bid, the General Conditions of the Contract, Special Provisions, Performance Bond, Payment Bond, Certificate of Insurance, Drawings, Specifications, Addenda, Minority Enterprise Business forms, written Change Orders, extra Work Orders, and Agreements required to complete the construction of the project, including authorized extensions thereof, in an acceptable manner, all of which constitute one instrument.

  • Agent Parties has the meaning specified in Section 10.02(c).

  • Breach of Agreement provisions of Section 5(a)(ii) will apply to Party A and will not apply to Party B.

  • Research misconduct means fabrication, falsification, or plagiarism in proposing, performing, or reviewing research, or in reporting research results. Research misconduct does not include honest error or differences of opinion. As used in this definition, (i) “fabrication” means making up data or results and recording or reporting them; (ii) “falsification” means manipulating research materials, equipment, or processes, or changing or omitting data or results such that the research is not accurately represented in the research record; and (iii) “plagiarism” means the appropriation of another person’s ideas, processes, results, or words without giving appropriate credit.

  • Parent Related Parties means each of Parent, Merger Sub, any of their respective former, current or future equityholders, controlling Persons, limited or general partners, managers, members, Affiliates, directors, officers, employees, agents, attorneys, stockholders, assignees or Representatives.

  • Consequential Loss means indirect or consequential loss or damage such as, but not limited to, loss of contract, bargain, expectation, opportunity, profit, production, revenue, anticipated cost reduction or interest payable howsoever caused, arising out of or in connection with this Contract.

  • Agent-Related Person has the meaning assigned to it in Section 9.03(d).

  • Acts means the Companies Acts (as defined in section 2 of the Companies Act 2006), in so far as they apply to the Company;

  • Related Persons means, with respect to any Person, each Affiliate of such Person and each director, officer, employee, agent, trustee, representative, attorney, accountant and each insurance, environmental, legal, financial and other advisor and other consultants and agents of or to such Person or any of its Affiliates.

  • Intentional for purposes of this Agreement, no act or failure to act on the part of the Executive shall be deemed to have been intentional if it was due primarily to an error in judgment or negligence. An act or failure to act on the Executive’s part shall be considered intentional if it is not in good faith and if it is without a reasonable belief that the action or failure to act is in the best interests of the Bank.