No Breach definition

No Breach. Each of Funding and the Seller covenant with each other and with the Mortgage Trustee that neither shall direct or request the Mortgages Trustee to do any act or thing which breaches the terms of, or is otherwise expressly dealt with (such that the Mortgages Trustee has no discretion) under any of the Transaction Documents.
No Breach the implementation of the Transaction as contemplated by this deed and the Scheme does not and will not:
No Breach. The execution and performance of this agreement by both parties do not breach nor conflict with the bylaws thereof nor those of the Company nor breach or violate any legal, administrative or regulatory rule or judicial resolution notified to, and binding upon, the parties.

Examples of No Breach in a sentence

  • REPRESENTATIONS AND WARRANTIES OF THE COMPANY 2 2.1 Organization of the Company 3 2.2 Authorization of Transaction 3 2.3 No Breach 3 2.4 Reliance by Purchasers 4 SECTION 3.

  • Binding Agreement); Section 4.03(d)(first two sentences only) (Company Capital Stock); Section 4.05 (No Breach) (solely with respect to clause (a) thereof); and Section 4.24 (Brokerage).

  • Notwithstanding the foregoing, Buyer shall not be liable for any Losses pursuant to this Section 8.2(a) (other than with respect to any fraud by Buyer) that exceed the Purchase Price (as adjusted by Section 4.2(c)) in the aggregate; provided, however, that this limitation shall not be applicable to any breach of Section 7.2 (Authorization; No Breach).

  • Corporate Action; No Breach................................................

  • Representations and Warranties 30 7.01 Authority; Enforceability 30 7.02 No Breach 30 7.03 Consents 31 7.04 Spousal Consent 31 Section 8.

  • No Breach shall be deemed to occur and no sanction shall be imposed in connection with any action taken by MCHP during any tax year in which MCHP has paid ad valorem property taxes on the full market value of the Project.

  • No Breach of Fiduciary Duty Required.........................................

  • Section 7.01 Corporate Existence 45 Section 7.02 Financial Condition 45 Section 7.03 Litigation 46 Section 7.04 No Breach 46 Section 7.05 Authority 46 Section 7.06 Approvals 47 Section 7.07 Use of Loans 47 Section 7.08 ERISA 47 Section 7.09 Taxes 48 Section 7.10 Titles, Etc.

  • Section 6.01 Effective Date 45 Section 6.02 Each Credit Event 47 Section 6.03 Conditions Precedent to the Term Loans and Commitment Increases 48 ARTICLE VII REPRESENTATIONS AND WARRANTIES Section 7.01 Legal Existence 49 Section 7.02 Financial Condition 49 Section 7.03 Litigation 49 Section 7.04 No Breach 49 Section 7.05 Authority 49 Section 7.06 Approvals 50 Section 7.07 Use of Loans and Letters of Credit 50 Section 7.08 ERISA 50 Section 7.09 Taxes 50 Section 7.10 Titles, Etc.

  • Sections 2.1 (Organization; Good Standing; Power), 2.2 (Capitalization; Subsidiaries), (b) (Authorization; Execution & Enforceability; No Breach), and 2.19 (Brokers) are sometimes referred to herein as the “Fundamental Representations”.


More Definitions of No Breach

No Breach. There has been no breach by any Seller of any of its obligations under the Relevant Documents to which it is a party or by Exide Europe of any of its obligations under the Letter of Undertaking.
No Breach. To Unocal's Knowledge, except as otherwise disclosed in this Agreement, Unocal is not party to, or subject to, or bound by any provision of any judgment, order, writ, injunction or decree of any court, or governmental body, or any statute, rule or regulation applicable to Unocal which prohibits or would be violated by, or which allows for the termination or modification of this Agreement due to Unocal entering into, executing, delivering or consummating same.
No Breach neither the Issuer nor any of its Principal Subsidiaries is in breach of or in default under any agreement to which it is a party or which is binding on the Issuer or any of its Principal Subsidiaries or any of their respective assets or revenues, which breach or default is material in the context of the issue and offering of the Notes;

Related to No Breach

  • 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.

  • 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;

  • 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.

  • 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.

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

  • 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

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

  • Violation means the failure of a structure or other development to be fully compliant with the community's floodplain management regulations. A structure or other development without the elevation certificate, other certifications, or other evidence of compliance required in Articles 4 and 5 is presumed to be in violation until such time as that documentation is provided.

  • Minor Breach means a delay or non-performance by either Party of its obligations under the Agreement which does not materially, adversely or substantially affect the performance or delivery of the Service or the provision of a safe, healthy and supportive learning environment;

  • 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.

  • Covenant means a covenant, condition, limitation or restriction in a document or instrument in effect at Date of Policy.

  • Confidential Information Breach means, generally, an instance where an unauthorized person or entity accesses Confidential Information in any manner, including but not limited to the following occurrences: (1) any Confidential Information that is not encrypted or protected is misplaced, lost, stolen or in any way compromised; (2) one or more third parties have had access to or taken control or possession of any Confidential Information that is not encrypted or protected without prior written authorization from the State; (3) the unauthorized acquisition of encrypted or protected Confidential Information together with the confidential process or key that is capable of compromising the integrity of the Confidential Information; or (4) if there is a substantial risk of identity theft or fraud to the client, the Contractor, the Department or State.

  • Security Breach means confirmed use, accidental or unlawful destruction, loss or unauthorized disclosure of Customer Data or Customer confidential information.

  • Material Default means a material breach of this Framework Agreement and/or, breach by the Supplier of any of the following Clauses: Clause 8 (Warranties and Representations), Clause 9 (Prevention of Bribery and Corruption), Clause 13 (Statutory Requirements and Standards), Clause 14 (Non-Discrimination), Clause 15 (Provision of Management Information), Clause 16 (Management Charge), Clause 17 (Records and Audit Access), Clause 22 (Data Protection), Clause 23 (Freedom of Information) and Clause 31 (Transfer & Sub-contracting);