92 Ill. Adm. Code 800.430

Material Breach

Year: 2026Length: 178 wordsOfficial source
Section 800 Section 800.430  Material Breach a)         Recipient: Material breach under the contract will occur in the following instances: 1)         any sale or disposition of the rail facility (track and materials) which is not approved in writing by the Department; 2)         failure to maintain the property at the level to which it was rehabilitated, improved or constructed, as provided in Section 800.330; 3)         failure to use the property for rail service, as provided in Section 800.330; 4)         filing of an application for abandonment under 49 U.S.C. 109 (1985) or Ill. Rev. Stat. 1985, ch. 95½, pars. 18C-1701 et seq. in the Interstate Commerce Commission or the Illinois Commerce Commission (92 Ill. Adm. Code 1520); and 5)         failure to comply with any portion of the contract involving the rights or obligations of the parties. b)         Department: Material breach under the contract will occur when and if the Department fails to make any payment due to the recipient within a maximum of ninety days of receipt of a properly prepared invoice and any necessary documentation of work from the recipient.
92 Ill. Adm. Code 800.430: Material Breach | Justis AI