Potential Noncompliance definition
Potential Noncompliance means the identification, by the Compliance Enforcement Authority, of a possible failure by a Registered Entity to comply with a Reliability Standard that is applicable to the Registered Entity.
Potential Noncompliance means a condition or event which, with ----------------------- notice or lapse of time or both, would constitute an Event of Noncompliance.
Examples of Potential Noncompliance in a sentence
On the Closing Date there shall be no Event of Noncompliance or Potential Noncompliance.
Non-Numeric Technology-Based Effluent Limits See Potential Noncompliance Item 2 in Inspection Report.