Material Breach Notice definition

Material Breach Notice has the meaning set forth in Section 6.2.
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Material Breach Notice has the meaning set forth in Section 12.3.1.
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Material Breach Notice is defined in Section 5.4(e) hereof.
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Examples of Material Breach Notice in a sentence

  • On 2 July 2014, the Claimants sent the Government a further email taking a more nuanced position on the suspension of deadlines, namely that while:[n]either the Deed nor the Side Letter expressly addresses what happens with respect to the parties’ performance during the 45- day cure period contemplated by Section 32 of the Deed,…Claimants hereby ‘suspend[ed] further performance under the Deed and Side Letter, at least until we have [the Government’s] response to the Material Breach Notice.

  • The Material Breach Notice alleged in particular that the Government had violated Section 6 of the Settlement by granting or approving the grant of a gaming licence to a rival casino or casinos within Sanum’s area of exclusivity, thereby substantially reducing the price at which the Claimants’ Gaming Assets could be expected to be sold to prospective purchasers.

  • If the Breaching Party does not dispute that it has committed a Material Breach, then, if the Breaching Party fails to cure such breach, or fails to take steps as would be considered reasonable to effectively cure such breach, within [ * ] days after receipt of the Material Breach Notice, the Non-Breaching Party may terminate this Agreement upon written notice to the Breaching Party.

  • A few weeks after the Deed was executed, Sanum sent GOL a Material Breach Notice alleging that the latter had breached the Deed by granting a gaming licence to third parties in Sanum’s area of exclusivity.

  • As per the lease deed clause 11.2 (Termination Clause), it is clearly mentioned that lease may be terminated by the petitioner if any kind of Material Breach of Lease done by the respondent, after providing a 15 days curative period by way of "Lessee Material Breach Notice".

  • If the Breaching Party does not dispute that it has committed a Material Breach, then, if the Breaching Party fails to cure such breach, or fails to take steps as would be considered reasonable to effectively cure such breach, within [***] after receipt of the Material Breach Notice, the Non-Breaching Party may terminate this Agreement upon written notice to the Breaching Party.

  • If the Breaching Party does not dispute that it has committed a Material Breach, then, if the Breaching Party fails to cure such breach, or fails to take steps as would be considered reasonable to effectively cure such breach, within sixty (60) days after receipt of the Material Breach Notice, the Non- Breaching Party may terminate this Agreement upon written notice to the Breaching Party.


More Definitions of Material Breach Notice

Material Breach Notice means a Notice addressed to the relevant Defaulting Investor, with a copy to all Non-defaulting Investors, setting out in reasonable detail the following information in connection with a Material Breach:
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Material Breach Notice means the written notice required to terminate this Restated Agreement pursuant to the provisions of Subsections 5.3.2 or 5.4.1 as the case may be.
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Material Breach Notice has the meaning specified in Clause 10.4(c).
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Material Breach Notice has the meaning set forth in point 12.2 hereof. „Zásadné porušenie“ má význam uvedený v bode 12.1 tejto Dohody.
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Related to Material Breach Notice

  • Breach Notice has the meaning specified in Section 8.2(a);

  • Material Breach means a breach by either Party of any of its obligations under this Agreement which has or is likely to have a Material Adverse Effect on the Project and which such Party shall have failed to cure.

  • Substantial Breach means the following:

  • Intentional Breach means, with respect to any agreement or covenant of a party in this Agreement, an action or omission taken or omitted to be taken by such party in material breach of such agreement or covenant that the breaching party intentionally takes (or fails to take) with actual knowledge that such action or omission would, or would reasonably be expected to, cause such material breach of such agreement or covenant.

  • Willful and Material Breach means a material breach that is a consequence of an act undertaken by the breaching party or the failure by the breaching party to take an act it is required to take under this Agreement, with knowledge that the taking of or failure to take such act would, or would reasonably be expected to, result in, constitute or cause a breach of this Agreement.

  • Breach means the acquisition, access, use, or disclosure of PHI in a manner not permitted 9 under the HIPAA Privacy Rule which compromises the security or privacy of the PHI.

  • Willful Breach means a material breach that is a consequence of an act undertaken or a failure to act by the breaching party with the knowledge that the taking of such act or such failure to act would, or would reasonably be expected to, constitute or result in a breach of this Agreement.

  • Serious Breach means any breach defined as a Serious Breach in the Agreement or any breach or breaches which adversely, materially or substantially affect the performance or delivery of the Services or compliance with the terms and conditions of the Agreement or the provision of a safe, healthy and supportive learning environment or a breach of security that adversely affects the Personal Data or privacy of an individual. Failure to comply with Law, or actions or omissions by the Provider that endanger the Health or Safety of Learners, Provider Personnel, and all other persons including members of the public would constitute a Serious Breach;

  • Non-Breaching Party has the meaning set forth in Section 9.2.1.

  • Breaching Party has the meaning set forth in Section 12.2.

  • Notice of Breach means a written notice delivered to the other party within the time period required under the definition of “Cause” or “Good Reason,” as applicable, that (a) indicates, as applicable, the specific provision in this Agreement that the party contends the other party has breached or the specific clause of the definition of “Cause” or “Good Reason” that the party alleges to exist, and (b) to the extent applicable, sets forth in reasonable detail the facts and circumstances Executive or the Company, as applicable, claims provide the basis for such breach or other condition.

  • Dispatch Notice means a notice delivered by CAISO to Owner’s Scheduling Coordinator on a daily, hourly or real-time basis requesting dispatch of one or more Unit(s) to provide Energy or Ancillary Services under this Agreement. Dispatch Notices include: (a) Day-Ahead Schedules and Real-Time Dispatches where the RMR Unit or Units are flagged as RMR Dispatches as a result of the Market-Power Mitigation and Reliability Requirements Determination processes pursuant to the CAISO Tariff, (b) Manual RMR Dispatch Notices, (c) notices deemed to have been given by CAISO for the Energy actually Delivered by a Unit that starts or increases Energy output as a result of a “system emergency” as defined in the CAISO Tariff whether the start or increase occurs automatically (for Units specified in Section 2 of Schedule A as having the ability to Start-up or ramp automatically) or pursuant to a standing written order of the CAISO, and (d) Test Dispatch Notices given by CAISO under Section 4.9 other than Test Dispatch Notices issued at Owner’s request to test Availability or heat input of the Unit.

  • Misrepresentation has the meaning ascribed thereto in the Securities Act;

  • Data Breach means the unauthorized access by an unauthorized person that results in the use, disclosure or theft of Customer Data.

  • Terminating Company Breach has the meaning specified in Section 10.01(b).

  • Remedy a Violation means to bring the structure or other development into compliance with state and community floodplain management regulations, or, if this is not possible, to reduce the impacts of its noncompliance. Ways that impacts may be reduced include protecting the structure or other affected development from flood damages, implementing the enforcement provisions of the ordinance or otherwise deterring future similar violations, or reducing federal financial exposure with regard to the structure or other development.

  • Repeat violation means a violation of the same regulation in any location by the same person for which voluntary compliance previously has been sought within two years or a notice of civil violation has been issued

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Persistent Breach means a Default which has occurred on three or more separate occasions with a continuous period of six (6) months.

  • Serious violation means OCC has made a valid finding when assessing a serious complaint that alleges:

  • Data Breaches Party shall report to AHS, though its Chief Information Officer (CIO), any impermissible use or disclosure that compromises the security, confidentiality or privacy of any form of protected personal information identified above within 24 hours of the discovery of the breach. Party shall in addition comply with any other data breach notification requirements required under federal or state law.

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • 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.

  • Cure Period means the period specified in this Agreement for curing any breach or default of any provision of this Agreement by the Party responsible for such breach or default and shall:

  • Major Breach means a breach of:

  • Rectification Notice means a notice in writing that identifies a defect in a work and requires rectification of the defect within a specified period of time.