Notification Failure definition

Notification Failure means in relation to each of Clauses 7.3.1 (Changes to Firm Schemes), 7.3.3 (Changes to Firm Schemes), 7.5.1 (Changes to Firm Schemes) and 7.5.3 (Changes to Firm Schemes) a failure by the Grant Recipient to advise Homes England within the period specified in the relevant Clause as to whether it wishes to proceed with a Firm Scheme or to withdraw it from the Agreement; Older People’s Shared Ownership Lease has the meaning attributed to it in Schedule 3 (HOLD Schemes and OPSO Schemes);
Notification Failure means in relation to:
Notification Failure means in relation to each of clauses 7.3.1 (Changes to Firm Schemes or the Consortium), 7.3.3 (Changes to Firm Schemes or the Consortium), 7.5.1 (Changes to Firm Schemes or the Consortium) and 7.5.3 (Changes to Firm Schemes or the Consortium) a failure by the Lead Partner to advise Homes England within the period specified in the relevant clause as to whether it wishes to proceed with a Firm Scheme or to withdraw it from the Agreement; Older People's Shared Ownership Lease has the meaning attributed to it in Schedule 3 (HOLD Schemes and OPSO Schemes);

Examples of Notification Failure in a sentence

  • The amount of the compensation to be paid by the Buyer pursuant to the provisions of the paragraph above shall be equal to the amount corresponding to the portion of bonus amount (“prime”) that would have been paid to the Producer (if any) in accordance with the provisions of article R.314-39 of the French Code de l’énergie had the Reduction Notification Failure not occurred.


More Definitions of Notification Failure

Notification Failure means in relation to each of Conditions 6.3.1 (Changes to Firm Schemes ), 6.3.3 (Changes to Firm Schemes ), 6.5.1 (Changes to Firm Schemes ) and
Notification Failure means an occurrence where an ECVN for a Settlement Period is not made, is

Related to Notification Failure

  • Transaction Failure means the failure to consummate a Business Combination within 18 months of the Effective Date (or 24 months after the Effective Date, if a letter of intent, agreement in principle or definitive agreement has been executed within 18 months after the Effective Date and the Business Combination relating thereto has not yet been consummated within such 18-month period).

  • MI Failure means when an MI report: a) contains any material errors or material omissions or a missing mandatory field; or b) is submitted using an incorrect MI reporting Template; or c) is not submitted by the reporting date(including where a Nil Return should have been filed);

  • GEP Failure means Seller’s failure to produce Delivered Energy in an amount equal to or greater than the Guaranteed Energy Production amount for the applicable Performance Measurement Period.

  • Conversion Failure shall have the meaning set forth in Section (3)(b)(ii).

  • Registration Failure means that (A) the Company fails to file with the SEC on or before the Filing Deadline (as defined in the Registration Rights Agreement) any Registration Statement required to be filed pursuant to Section 2(a) of the Registration Rights Agreement, (B) the Company fails to use its reasonable commercial efforts to obtain effectiveness with the SEC, prior to the Registration Deadline (as defined in the Registration Rights Agreement), and if such Registration Statement is not so filed prior to the Registration Deadline, as soon as possible thereafter, of any Registration Statement (as defined in the Registration Rights Agreement) that are required to be filed pursuant to Section 2(a) of the Registration Rights Agreement, or fails to use reasonable commercial efforts to keep such Registration Statement current and effective as required in Section 3 of the Registration Rights Agreement, (C) The Company fails to file any additional Registration Statements required to be filed pursuant to Section 2(a)(ii) of the Registration Rights Agreement on or before the Additional Filing Deadline or fails to use its reasonable commercial efforts to cause such new Registration Statement to become effective on or before the Additional Registration Deadline, and if such effectiveness does not occur within such period, as soon as possible thereafter, (D) the Company fails to file any amendment to any Registration Statement, or any additional Registration Statement required to be filed pursuant to Section 3(b) of the Registration Rights Agreement within twenty (20) days of the applicable Registration Trigger Date (as defined in the Registration Rights Agreement), or fails to use its reasonable commercial efforts to cause such amendment and/or new Registration Statement to become effective within sixty (60) days of the applicable Registration Trigger Date, and, if such effectiveness does not occur within such period, as soon as possible thereafter, (E) any Registration Statement required to be filed under the Registration Rights Agreement, after its initial effectiveness and during the Registration Period (as defined in the Registration Rights Agreement), lapses in effect or sales of all of the Registrable Securities (as defined in the Registration Rights Agreement) cannot otherwise be made thereunder (whether by reason of the Company’s failure to amend or supplement the prospectus included therein in accordance with the Registration Rights Agreement, the Company’s failure to file and, use reasonable commercial efforts to obtain effectiveness with the SEC of an additional Registration Statement or amended Registration Statement required pursuant to Sections 2(a)(ii) or 3(b) of the Registration Rights Agreement, as applicable, or otherwise), and (F) the Company fails to provide a commercially reasonable written response to any comments to any Registration Statement submitted by the SEC within twenty (20) days of the date that such SEC comments are received by the Company.