Failure Notice definition

Failure Notice means a notice served by the BID Company which:

Failure Notice has the meaning given to it in clause 8.1;

Failure Notice has the meaning set forth in Section 2.2 of this Agreement.

Examples of Failure Notice in a sentence

• Concurrently with the delivery of each Financial Covenant Failure Notice to the Holders, the Company shall also make publicly available (as part of a Quarterly Report on Form 10-Q, Annual Report on Form 10-K or on a Current Report on Form 8-K, or otherwise) the Financial Covenant Failure Notice and the fact that an Event of Default has occurred under the Notes.

• Concurrently with the delivery of each Financial Covenant Failure Notice to the Holders, the Company shall also make publicly available (as part of a Quarterly Report on Form 10-Q, Annual Report on Form 10-K or on a Current Report on Form 8-K, or otherwise) the Operating Results, the Financial Covenant Failure Notice and the fact that an Event of Default has occurred under the Notes.

• Concurrently with the delivery of each Financial Covenant Failure Notice to the Holders, the Company shall also make publicly available (as part of an Annual Report on Form 20-F or on a Report of Foreign Issuer on Form 6-K, or otherwise) the Financial Covenant Failure Notice and the fact that an Event of Default has occurred under the Notes.(b) Independent Investigation.

• Concurrently with the delivery of each Financial Covenant Failure Notice to the Holders, the Company shall also make publicly available (as part of a Quarterly Report on Form 10-Q, Annual Report on Form 10-K or on a Current Report on Form 8-K, or otherwise) the Operating Results, the Financial Covenant Failure Notice and the fact that an Triggering Event has occurred under the Preferred Shares.

• Should a Party fail to timely make any such election, the proposing Party shall provide the electing Party with a written Failure Notice and the electing Party shall have an additional three (3) business days from its receipt of such Failure Notice to make such election to the proposing party.

More Definitions of Failure Notice

Failure Notice has the meaning set forth in Section 7.3(d).

Failure Notice means a notice served by the BID Company on the Council which sets out those aspects of the agreed Statutory Standard which it is alleged is not being adhered to, requesting that the Council secures immediate compliance with the Statutory Standard;

Failure Notice shall have the meaning given such term in Section 15.1A hereof.

Failure Notice means a notice from the Acquirer or the E-Money Issuer that a request for payment has been declined in respect of any Transaction.

Failure Notice is defined in Section 10.4.2.

Failure Notice shall have the meaning set forth in Section 11.1(c) of this Agreement. 1.48 FMV. “FMV” shall mean fair market value determined in accordance with the appraisal or arbitration procedure described in Exhibit B hereto. 1.49

Failure Notice has the meaning given to it in Schedule 3.2.