Compliance Events definition

Compliance Events the events referred to in Clause 24 and detailed in Annexure VIII;
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Examples of Compliance Events in a sentence

  • So long as any Senior Compliance Event of Default shall be continuing, any number of Payment Blockage Notices identifying Senior Compliance Events of Default may be given and any number of Payment Blockage Periods may be commenced by the Administrative Agent pursuant to this paragraph (c), but the aggregate duration of all Payment Blockage Periods commenced by the Administrative Agent pursuant to this paragraph (c) during any period of 365 consecutive days shall not exceed 179 days.

  • Notwithstanding the representations and warranties provided in Clause 22 or the Compliance Events, each Party hereto hereby represents and warrants that this PPP Agreement is legally valid and binding upon it from the Signature Date.

  • The Private Party undertakes to use its best endeavours to ensure that the Compliance Events detailed in Annexure VIII are fulfilled to the satisfaction of SANParks as soon as is reasonably possible after the Signature Date.

  • At least quarterly, the Governing Body will receive a report from the Designated Compliance Official of all compliance issues (whether or not such issues constitute Significant Compliance Events) identified within the preceding quarter.

  • If, however, after delivery of the Performance Bond and after a period of 12 (twelve) months after the Signature Date, any of the Compliance Events remain outstanding, SANParks shall be entitled to terminate this PPP Agreement and Clause 17.3 shall apply.

  • Other Statutes Requiring Compliance Events invariably involve work activity: the building of stages, placing of barriers, rigging of PA systems, and as such are subject to the Health, Safety and Welfare at Work Act 1974 and its associated regulations and Approved Codes of Practice, most notably The Event Safety Guide, HSG 195.

  • All compliance issues investigated must be resolved within sixty (60) calendar days of reporting, if possible; provided, however, that the Designated Compliance Official will use their best efforts to resolve all compliance issues, and particularly Significant Compliance Events, as soon as possible following reporting.

  • All potentially Significant Compliance Events must be reported by the Designated Compliance Official directly to the Governing Body as soon as possible upon identification.

  • The Lead Borrower has advised the Agents that certain Events of Default have occurred as a result of the Loan Parties’ failure to comply with, among other things, certain financial performance covenants and other covenants, as more particularly set forth on Exhibit A annexed hereto (collectively, the “Financial and Compliance Events of Default”).

  • The Private Party undertakes to use its best endeavours to ensure that the Compliance Events detailed in Schedule 18 are fulfilled to the satisfaction of SANParks as soon as is reasonably possible after the Signature Date.

Related to Compliance Events

  • Reportable Compliance Event means that any Covered Entity becomes a Sanctioned Person, or is charged by indictment, criminal complaint or similar charging instrument, arraigned, or custodially detained in connection with any Anti-Terrorism Law or any predicate crime to any Anti-Terrorism Law, or has knowledge of facts or circumstances to the effect that it is reasonably likely that any aspect of its operations is in actual or probable violation of any Anti-Terrorism Law.

  • Covenant Compliance Event means, at any time, Availability is less than the greater of (i) ten percent (10%) of the Loan Cap and (ii) $15,000,000. The termination of a Covenant Compliance Event as provided herein shall in no way limit, waive or delay the occurrence of a subsequent Covenant Compliance Event in the event that the conditions set forth in this definition again arise.

  • Compliance Audit means the procedure (in a form advised by the GLA from time to time) by which an auditor independent of the Grant Recipient certifies (at the Grant Recipient's cost) whether the Named Projects developed or Rehabilitated pursuant to this Agreement satisfy the GLA's procedural compliance requirements (as described in the Affordable Housing Capital Funding Guide);

  • Compliance Costs means all expenses, commitments or obligations in excess of one million dollars ($1,000,000) incurred by Carrier or required to be incurred by Carrier to comply with a Change in Law, irrespective of whether such expenses, commitments or obligations are to be incurred as a one-time expenditure or periodically for an extended period.

  • Covenant Compliance Worksheet means a fully completed worksheet in the form of Attachment A to Exhibit C.

  • Assessment of Compliance As defined in Section 3.21.

  • Compliance Date means, in each case, the date by which compliance is required under the referenced provision of ARRA’s or HIPAA’s implementing regulations, as applicable.

  • Compliance Statement is that certain statement in the form attached hereto as Exhibit B.

  • Compliance year means the calendar year beginning with June 1 and ending with May 31 of the following year, for which a Retail Electricity Supplier must demonstrate that it has met the requirements of this Regulation.

  • Compliance cycle means the nine-year calendar year cycle during which public water systems must monitor. Each compliance cycle consists of three three-year compliance periods. The first calendar year cycle begins January 1, 1993 and ends December 31, 2001; the second begins January 1, 2002 and ends December 31, 2010; the third begins January 1, 2011 and ends December 31, 2019.

  • Compliance Review means an inspection of the home, grounds, and files to determine compliance with these regulations.

  • Compliance Report means, as applicable in relation to the test being conducted, a report containing the results of the Compliance Tests carried out by State Street.

  • Repeat compliance period means any subsequent compliance period after the initial compliance period.

  • Reporting Requirements As defined in Section 11.15.

  • Statement of Compliance means the statement forming part of a Tender indicating the Bidders compliance with the Specification.

  • Environmental Compliance Reserve means any reserve which the Agent establishes in its reasonable discretion after prior written notice to the Borrower from time to time for amounts that are reasonably likely to be expended by the Borrower in order for the Borrower and its operations and property (a) to comply with any notice from a Governmental Authority asserting material non-compliance with Environmental Laws, or (b) to correct any such material non-compliance identified in a report delivered to the Agent and the Lenders pursuant to Section 7.7.

  • Reporting Requirement By January 31, 2017, the District will provide for OCR’s review and approval the Web Accessibility Policy drafted consistent with Item 1.

  • Initial compliance period means the three-year compliance period that begins January 1, 1993, except for the MCLs for dichloromethane, 1,2,4-trichlorobenzene, 1,1,2-trichloroethane, benzo(a)pyrene, dalapon, di(2-ethylhexyl)adipate, di(2-ethyl- hexyl)phthalate, dinoseb, diquat, endothall, endrin, glyphosate, hexachlorobenzene, hexachlorocyclopentadiene, oxamyl, picloram, simazine, 2,3,7,8-TCDD, antimony, beryllium, cyanide, nickel, and thallium, as they apply to a supplier whose system has fewer than 150 service connections, for which it means the three-year compliance period that began on January 1, 1996.

  • Covenant Compliance Certificate means a properly completed and executed Covenant Compliance Certificate substantially in the form of Exhibit X hereto.

  • Compliance schedule means a schedule of events, by date, which will result in compliance with these regulations.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Substantial compliance means a level of compliance with these rules where any deficiencies pose no greater risk to resident health or safety than the potential for causing minor harm.

  • Event of Noncompliance has the meaning set forth in the Certificate of Designation.

  • major non-compliance outcome notification means a notification received by a council under section 19N(3) or (4) of the Food Act 1984, or advice given to council by an authorized officer under that Act, of a deficiency that does not pose an immediate serious threat to public health but may do so if no remedial action is taken

  • Compliance Order means an order issued by the Code Enforcement Officer pursuant to subdivision (a) of section 15 of this local law.

  • Compliance Period means a period of time that the Development shall conform to all set-aside requirements as described further in the rule chapter and agreed to by the Applicant in the Application.