Deposits and Guarantees required: Customer contract has been terminated for material breach
of contract, the service provider undertakes to pay customers 5% penalty (fine) of the contract price, excluding VAT.
Imnadze said that while "Georgia has fulfilled all the obligations under the ceasefire agreement", the Russian Federation "still remains in material breach
of its provisions.
-- A material breach
of contract occurs when one party does not perform a required aspect of the agreement and the failure to perform results in harm or damages to the other party.
They sent us a letter on 9 June which we responded on 11 June 11 stating that the decision to suspend the oil agreement between the two countries and shutting down of the processing and transportation facilities is a material breach
of the oil agreement.
A material breach
is when, in the opinion of the HSE inspector, there is or has been a contravention of health and safety law that requires them to issue notice in writing of that opinion to the dutyholder.
Francisco spoke at length to someone posing as an agent and engaged in a conversation which the club believes to be a material breach
of his contract of employment.
Normally we stay silent on sanctions as the commission has a free range but clearly if there is a material breach
of that rule we will be asking the commission to consider top-end sanctions.
In the judgment of the Department of Defence, you are in material breach
and violation of the non-disclosure agreements you signed.
In the judgment of the Department of Defense, you are in material breach
and violation of the nondisclosure agreements you signed.
According to the agreement, the joint venture will have exclusive operating rights for an initial term of eight years, from 1 July this year through to 30 June 2020, and this is expected to be extended for a further eight years unless there is material breach
of the agreement.
Without proof of material breach
Starbucks' only legitimate termination mechanism is to pay Kraft fair market value for the business, plus a premium.
Elan said it had received a letter from Biogen dated July 28, alleging that Elan is in material breach
of a collaboration agreement between the two companies.