Compliant Party definition

Compliant Party has the meaning set forth in Section 7.4.
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Compliant Party means, in respect of any Tour in which it is scheduled to compete, a party that fulfils its commitments in accordance with the Future Tour Programme and any relevant Tour Format Agreement save only to any extent that it is prevented from so doing due to its scheduled opponent for such Tour being a Non-Compliant party and “Compliance” shall be construed accordingly.
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Examples of Compliant Party in a sentence

  • For funds held as Performance Assurance by the Compliant Party, the Interest Rate will be the Federal Funds Rate as from time to time in effect.

  • If a party is a Breaching Party, the Compliant Party to whom the Breaching Party has not performed its obligations will be relieved from performing its obligations under this Agreement as they relate to the Breaching Party.

  • If either party has received delivery of the securities to be purchased herein without delivering to the other party the securities to be delivered as set forth herein (a "Non Compliant Party"), the Non-compliant Party shall immediately cause the securities received from the other party to be returned to the other party.

  • If the notice does not set forth an effective Termination date, the Compliant Party shall provide the Noncompliant Party no less than twenty four (24) hours written notice before terminating this Agreement, such notice to be provided in accordance with Section 29.

  • The Compliant Party shall state in the notice the nature of the Breach and that the Breaching Party has an opportunity to cure the Breach (the “Right to Cure Period”) within thirty (30) days from the effective date that it receives the written notice, or a shorter period of time if provided elsewhere in the Agreement.

  • If Contractor is the Noncompliant Party, DAS may set forth any cure period, so long as the time period is otherwise consistent with the provisions of this Agreement (for the purposes of this Section 26(a), the time period set forth by the Compliant Party shall be referred to as the “Right to Cure Period”).

  • If the notice does not set forth an effective Termination date, then the Compliant Party shall provide the Breaching Party no less than twenty four (24) hours’ prior written notice before Terminating this Agreement (provided that the Termination date is after the Right to Cure Period).

  • The Compliant Party shall extend the Right to Cure Period if it is satisfied that the Noncompliant Party is making a good faith effort to cure the Noncompliance, but the nature of the Noncompliance is such that it cannot be cured within the Right to Cure Period.

  • The Compliant Party may extend the Right to Cure Period if it is satisfied that the Breaching Party is making a good faith effort to cure the Breach, but the nature of the Breach is such that it cannot be cured within the Right to Cure Period.

  • If the identified Noncompliance is not cured by the stated Termination date, unless otherwise modified by the Compliant Party in writing before such date, no further action shall be required of any party to effect the Termination as of the stated date.

Related to Compliant Party

  • Relevant Party means the Borrower, each of the Owners, any other Security Party and each member of the Group from time to time;

  • HIPAA Compliant means that a Loan Party to the extent legally required (i) is or will use commercially reasonable efforts to be in compliance in all material respects with each of the applicable requirements of the so-called “Administrative Simplification” provisions of HIPAA on and as of each date that any part thereof, or any final rule or regulation thereunder, becomes effective in accordance with its or their terms, as the case may be (each such date, a “HIPAA Compliance Date”) and (ii) is not and could not reasonably be expected to become, as of any date following any such HIPAA Compliance Date, the subject of any civil or criminal penalty, process, claim, action or proceeding, or any administrative or other regulatory review, survey, process or proceeding (other than routine surveys or reviews conducted by any government health plan or other accreditation entity) that could result in any of the foregoing or that has or could reasonably be expected to have a Material Adverse Effect.

  • Compliant means, with respect to the Required Information, that (i) such Required Information, when taken as a whole, does not contain any untrue statement of a material fact regarding the Company and its Subsidiaries or omit to state any material fact regarding the Company and its Subsidiaries necessary in order to make such Required Information, when taken as a whole, not misleading under the circumstances under which it is stated (in each case, giving effect to all supplements and updates provided thereto prior to the commencement of the Marketing Period), (ii) any historical financial statements contained in such Required Information comply in all material respects with all applicable requirements of Regulation S-X under the Securities Act for a registered public offering of secured or unsecured non-convertible debt securities on Form S-1 (other than requirements for which compliance is not customary in a Rule 144A offering of non-convertible debt securities), (iii) the historical financial statements included in such Required Information would not be deemed stale or otherwise be unusable under customary practices for offerings and private placements of non-convertible debt securities under Rule 144A promulgated under the Securities Act and (iv) the historical financial statements included in the Required Information are sufficient to permit the Company’s independent auditors to be able to issue to the Debt Financing Sources (subject to completion of its normal procedures) a customary “comfort letter” (including customary “negative assurance” and change period comfort) in order to consummate an offering of debt securities on any day during the Marketing Period (and such accountants have confirmed that they are prepared to issue a comfort letter subject to their completion of customary procedures).

  • applicant Party means the Contracting Party requesting information;

  • Euro Compliant means that: