Failure to Serve Notice Sample Clauses

The 'Failure to Serve Notice' clause defines the consequences when a party does not provide required formal notification within the timeframes or in the manner specified by the contract. Typically, this clause outlines what happens if a party misses a deadline to notify the other about issues such as breaches, claims, or changes, and may specify that certain rights or remedies are lost if notice is not properly served. Its core function is to ensure that all parties are promptly informed of important developments, thereby promoting transparency and preventing disputes arising from lack of communication.
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Failure to Serve Notice. If the Company fails to deliver the notice referred to in Clause 9.1 (Reimbursement of Shareholder Tax Amounts) on any Sponsor or any Acceding Shareholder, the Offshore Security Trustee and Agent may (but shall not be obliged to) serve such notice on that Sponsor or Acceding Shareholder on behalf of the Company in which case the provisions of Clause 9.2 (Deposit undertaking) shall apply as if notice had been served by the Company.
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Failure to Serve Notice. Neither the failure by PTC to deliver a copy of a notice in accordance with CLAUSE 21.5 nor failing to contact Reading Entertainment Inc by telephone will constitute a breach of this Agreement or operate to delay or prolong any time period specified in this Agreement. 22. COSTS 22.1 LEGAL COSTS Each party must bear its own legal costs of and incidental to the preparation negotiation and execution of this Agreement and the Developer must pay any stamp duty payable on this Agreement.
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Failure to Serve Notice. If the Scottish Ministers fail to serve a notice in accordance with Clause 26.1.2 they shall be deemed to have issued a Final Completion Acceptance Notice on expiry of the 15 Business Days referred to in Clause 26.1.
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Failure to Serve Notice. Subject to compliance by the Company with Clause 24.2, if the Scottish Ministers fail to serve a notice under Clause 24.3.2, they shall be deemed to have issued a Restricted Services Commencement Notice in accordance with Clause 24.3.1 on expiry of the 10 Business Days referred to in Clause 24.3.
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Related to Failure to Serve Notice

  • Failure to Give Notice An employee who fails to give notice required by Article 25.01, shall be struck from the payroll effective the day the employee is absent without leave, and shall have deducted from monies owed by the Employer, a sum equivalent to the salary payable to the employee for the period of notice which the employee failed to work.

  • Failure to Notify If Contractor fails to specify in writing any problem or circumstance that materially affects the costs of its delivery of services or products, including a material breach by the Department, about which Contractor knew or reasonably should have known with respect to the period during the term covered by Contractor's status report, Contractor shall not be entitled to rely upon such problem or circumstance as a purported justification for an increase in the price for the agreed upon scope.

  • Failure to Give Timely Notice A failure to give timely notice as provided in this Article 5 shall not affect the rights or obligations of any Party except and only to the extent that, as a result of such failure, any Party which was entitled to receive such notice was deprived of its right to recover any payment under its applicable insurance coverage or was otherwise directly and materially damaged as a result of such failure.

  • Warrant Agent Not Required to Give Notice of Default The Warrant Agent shall not be bound to give any notice or do or take any act, action or proceeding by virtue of the powers conferred on it hereby unless and until it shall have been required so to do under the terms hereof; nor shall the Warrant Agent be required to take notice of any default hereunder, unless and until notified in writing of such default, which notice shall distinctly specify the default desired to be brought to the attention of the Warrant Agent and in the absence of any such notice the Warrant Agent may for all purposes of this Indenture conclusively assume that no default has been made in the observance or performance of any of the representations, warranties, covenants, agreements or conditions contained herein. Any such notice shall in no way limit any discretion herein given to the Warrant Agent to determine whether or not the Warrant Agent shall take action with respect to any default.

  • Failure to Vacate If the Resident does not vacate the Residence on the expiry or early termination of this Agreement, (i) the Resident is liable for any financial loss sustained or incurred by the Institution or the Manager, and (ii) the Manager may remove the property of the Resident from the Room (whether or not the Resident is present at the time), and place the property in temporary storage in a location in the Residence of the Manager’s choice, at the Resident’s expense, without notice to the Resident and without liability to the Manager for any damage to or loss of the Resident’s property.