How is Failure to Comply defined in a legal contract?
- Failure to Comply means not showing up as necessary, or not responding to a legal notice in the manner stipulated by law, or not paying the stipulated fines, penalties or costs associated with the resolution of a legal violation. Seen in 5 SEC filings
- Failure to Comply means not obeying an official order or not adhering to a lawfully adopted rule. Seen in 3 SEC filings
- Failure to Comply means people are at risk in case of a catastrophic event such as a fire. This term is used to underscore the seriousness of maintaining safety standards, and to make it clear the potential harm of not doing so. Seen in 1 SEC filing
- Failure to Comply means the failure to meet safety requirements that could lead to a substantial safety hazard. Seen in 1 SEC filing
Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
Search EDGAR for 'Definitions of failure to comply' yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Failure to Comply means not adhering to stipulated rules, which places people at risk.
Relevant Contract Types
Relevant Circumstances
- Employee misconduct
- Breach of company policies or procedures
- Neglect of non-disclosure clauses
- Non-compliance with terms in a partnership agreement
Relevant Sectors
Genie Definition 2
- Failure to Comply means not fulfilling safety requirements, creating substantial hazards.
Relevant Contract Types
Relevant Circumstances
- Non-adherence to safety standards on a construction site
- Negligence of safety measures in a factory or production unit
- Noncompliance with Operation & Maintenance service safety procedures
Relevant Sectors
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Failure to Comply means not adhering to stipulated rules, which places people at risk
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