Material Compliance Violation definition

Material Compliance Violation has the meaning given to it in clause 4.1.1(j);
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Material Compliance Violation means any criminal offense or material administrative offense (Ordnungswidrigkeit) relating to applicable healthcare Laws, including U.S. Federal Drug Administration regulations and comparable foreign Laws, or corruption, antibribery, money-laundering or cartel Laws by a member of a governing body or officer of QIAGEN or a subsidiary of QIAGEN, while any such Person was operating in their official capacity at or on behalf of QIAGEN or its subsidiaries, and shall be known to have occurred, if any such Material Compliance Violation
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Material Compliance Violation means any violation that by its nature could reasonably require voluntary disclosure to a Governmental Authority occurring as a result of any action or omission by any officer, director, manager, managing director, employee, agent or Contract Worker of the Company or any of its Affiliates in respect of any applicable Law (including Improper Payment Laws, the International Emergency Economic Powers Act, the Arms Export Control Act, the United Nations Participation Act, the Comprehensive Iran Sanctions, Accountability and Divestment Act, the Iran and Syria Nonproliferation Act, EAR, OFAC Regulations, other Trade Control Laws, Anti-Boycott Regulations, or Money Laundering Laws, including the criminal money laundering provisions set forth in Title 18 of the Code).
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Examples of Material Compliance Violation in a sentence

  • He also acquired an extra job in the evenings and weekends to earn more because now he most of all needed to provide for his family.

  • Whether a Material Compliance Violation has occurred is determined exclusively by an expert opinion of the Independent Expert as set out in greater detail in Section 12.10.

  • Continuing students are under an obligation to make the University aware of any criminal convictions they may acquire during their studies at Aberystwyth.

  • The work experience certificates of those works which have been commissioned shall be considered as completion certificates for qualification of Work Experience criterion, where the work has been executed for Government funded projects (Clause1.1.3.2 A).

  • The Independent Expert, after careful consideration pursuant to the standards of a diligent professional in the area of accounting and tax advice, will deliver an opinion in which it determines whether a Material Transaction, a Material Adverse Change, or a Material Compliance Violation has occurred.

  • Illustration of four mixed reality handoff training environments at UCF, show- ing different configurations of head-worn and projection-based displays, textual or full- body real or virtual representations of handoff participants and patients.

  • The realization of the Destination Project, Phase I – the Science and Academic Building, and the Energy/ Utility Centre – will be vital to our ability to continue to be responsive to emerging societal and student needs, and to continue the quality improvement of our academic programs.

  • The Bidder shall publish without undue delay and with reference to the Offer the commencement of the procedure to determine whether a Material Adverse Effect or a Material Compliance Violation has occurred during the Acceptance Period in the German Federal Gazette (Bundesanzeiger), The Wall Street Journal and on the Internet at http://corporate.thermofisher.com/en/offer.html with reference to the Offer.

  • A Material Compliance Violation shall only be deemed (for avoidance of doubt, conclusively and without further conditions) to have occurred if, on or before the day before the publication of the results of the Takeover Offer pursuant to Section 23 para.

  • Thus we proceed to define a taxonomy of solutions that do not meet our optimality criteria, but easier to implement.

Related to Material Compliance Violation

  • Material Compliance Matter has the same meaning as the term defined in Rule 38a-1, and includes any compliance matter that involves: (1) a violation of the federal securities laws by Distributor (or its officers, directors, employees, or agents); (2) a violation of Distributor's Rule 38a-1 policies and procedures; or (3) a weakness in the design or implementation of Distributor's Rule 38a-1 policies and procedures.

  • Environmental Violation means, with respect to the Property, any activity, occurrence or condition that violates or results in non-compliance with any Environmental Law.

  • 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.

  • 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.

  • Covenant Compliance Event means that Excess Availability at any time is less than the greater of (a) ten (10%) percent of the Line Cap or (b) $7,000,000. For purposes hereof, the occurrence of a Covenant Compliance Event shall be deemed continuing until Excess Availability has exceeded the amounts set forth above for thirty (30) consecutive days, in which case a Covenant Compliance Event shall no longer be deemed to be continuing for purposes of this Agreement. 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.

  • Environmental Compliance means action performed during or after Operations to comply with the requirements of all Environmental Laws or contractual commitments related to reclamation of the Properties or other compliance with Environmental Laws.

  • Non-Compliance means failure/refusal to comply the terms and conditions of the tender;

  • Governmental Requirement means any law, statute, code, ordinance, order, determination, rule, regulation, judgment, decree, injunction, franchise, permit, certificate, license, rules of common law, authorization or other directive or requirement, whether now or hereinafter in effect, of any Governmental Authority.

  • 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.

  • Environmental Requirement means any Environmental Law, agreement or restriction, as the same now exists or may be changed or amended or come into effect in the future, which pertains to any Hazardous Material or the environment including ground or air or water or noise pollution or contamination, and underground or aboveground tanks.

  • 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.

  • Event of Noncompliance means any one of the following events:

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