Non-compliance with any of the clauses Clause Samples

Non-compliance with any of the clauses of this appendix shall give rise to a fine which shall be imposed on the provider in the amount of NIS 2500 per clause. Date: To: Israel Airport Authority (the "IAA") Dear Sirs, Re: Guarantee No. (the "Guarantee") 1. Pursuant to the request of [] [Name of Contractor to be completed], whose registered address is at [] [Address of Contractor to be completed] (the "Contractor"), we hereby guarantee to pay you any sum, at your demand, up to the overall amount of ( ) (hereinafter: the "Guaranteed Amount"), in connection with Contract No. for the Design, Supply, Installation, Commissioning and Maintenance of a Power Plant, based on a 6-7 MW Dual Fuel Diesel Generator, to be Established, on a "turn- key" basis, in the Energy Center in the Ben-Gurion International Airport, executed by and between the IAA, and the Supplier (hereinafter: the "Contract”). 2. We hereby give you our irrevocable guarantee to pay you, upon your first written demand, any sum specified in such demand up to a total of the Guaranteed Amount, immediately and no later than seven (7) business days from the date of receipt of your demand. Any demand under this Guarantee must reach us in writing to the branch office, within the branch working hours, at its address at []. 3. To avoid doubt, your demand for payment of the Guaranteed Amount may be effected in stages, and the payment will be executed in accordance with your demand provided that the overall total of the payments does not exceed the Guaranteed Amount (prior to any reduction thereto, if applicable). 4. We hereby waive any right we might have of first requiring you to pursue your legal remedies against the Contractor and waive notice of acceptance hereof, of any action taken or omitted in reliance hereon and of any failure to comply with the terms of the Contract. We hereby agree that our obligations under this Guarantee are direct, primary, unconditional, autonomic and irrevocable and that any modification and/or amendment of the terms and conditions of the Contract shall not release, effect or impair our liability under this Guarantee. 5. This Guarantee shall not be assigned or transferred by you without our consent. 6. This Guarantee shall become effective on [to be completed] and shall be in full force and effect until [to be completed]. 7. This Guarantee shall be solely and exclusively governed by the laws of the State of Israel and the courts of Tel-Aviv-Jaffa, Israel shall have the sole and exclusive jurisdiction over all matte...
View Source

Related to Non-compliance with any of the clauses

  • Compliance with ADA The Company and its subsidiaries and each Real Property are currently in compliance with all presently applicable provisions of the Americans with Disabilities Act, as amended, except for any such non-compliance that would not, individually or in aggregate, reasonably be expected to have a Material Adverse Effect.

  • Compliance with Agreements Promptly and fully comply with all Contractual Obligations to which any one or more of them is a party, except for any such Contractual Obligations (a) the nonperformance of which would not cause a Default or Event of Default, (b) then being contested by any of them in good faith by appropriate proceedings, or (c) if the failure to comply therewith could not reasonably be expected to have a Material Adverse Effect.

  • Compliance with Agreement Buyer shall have performed and complied in all material respects with all of its obligations under this Agreement which are to be performed or complied with by it prior to or on the Closing Date.

  • Non-compliance with the Clauses and termination The data importer shall promptly inform the data exporter if it is unable to comply with these Clauses, for whatever reason.

  • Compliance with Agreements and Law Each Restricted Person will perform all material obligations it is required to perform under the terms of each indenture, mortgage, deed of trust, security agreement, lease, franchise, agreement, contract or other instrument or obligation to which it is a party or by which it or any of its properties is bound. Each Restricted Person will conduct its business and affairs in compliance with all Laws applicable thereto.