Material Dispute definition

Material Dispute means the failure of the Category A Directors and the Category B Directors to agree with respect to any of the following items at two (2) consecutive meetings of the Board of Directors:
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Material Dispute means any dispute that could reasonably be expected to cause a material adverse change in the financial condition or results of operations of the Company.
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Material Dispute means (a) any dispute, litigation or arbitration that will or would reasonably be expected to affect the Project, and (b) the settlement, compromise or dismissal of any dispute, litigation or arbitration affecting the Project, but only if such settlement, compromise, or dismissal would reasonably be expected to (i) result in a Material Budget Overrun or (ii) involve an amount greater than $1,000,000 individually or in the aggregate at any one time.
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Examples of Material Dispute in a sentence

  • Def.’s Statement of Genuine Facts Not in Material Dispute ¶ 14; Def.’s Notice of Filing Additional Record, June 6, 2012.

  • If an Bidder (or, in the case of a consortium Bidder, any member of the consortium) has a Material Dispute which is pending against it as of the Qualification Closing Date and such Material Dispute is subsequently resolved against the Bidder or such consortium member, the Bidder will be disqualified.

  • If a Material Dispute that is pending against a Bidder (or, in the case of a consortium Bidder, any member of the consortium) as of the Bid Closing Date and such Material Dispute is subsequently resolved against the Bidder or such consortium member.

  • Def.’s Statement of Genuine Facts Not in Material Dispute ¶2, n.1.2008, and S&T’s Explosives Division (“EXD”), which succeeded HSARPA in managing the PTIEDD program, decided to terminate it.

  • A Material Dispute of Facts Exists as to Whether the Limitation of Liability Clause Is Enforceable to Limit the Liability Conduit’s Conduct during the Terms of the Revenue Share Agreement 28Case: 13-2012 Document: 127 Page: 4 01/16/2014 1135682 58A.

  • Granting the Class B Member a Put Right in the event of a Material Dispute would have vested in the Class B Member the right to force a sale that went beyond the limited circumstances where such a right was believed appropriate under Operating Agreement Section 6.3, thus giving the Class B Member negotiating leverage inconsistent with its minority position.

  • The Bidder (or, in the case of a consortium Bidder, each member of the consortium) must not have had a Material Dispute resolved against it in the past 10 years.

  • There is a Genuine and Material Dispute as to Whether Clark Exercised Reasonable Care in Performing his Duty Clark makes much of the fact that he had not been contracted to render snow removal and deicing services at 66 Spruce Street as of the day of plaintiff’s fall, March 22.

  • Reversal Is Required Because There Is At Least A Material Dispute of Fact As To Whether IMS Makes An Essentially New Article 43CONCLUSION 48CERTIFICATE OF COMPLIANCE 50 STATEMENT REGARDING CONFIDENTIAL MATERIALThe material omitted on pages 23-24 and 47 describes customer feedback and customer experiences using reconstructed endoscopes.

  • The Fire Station is setting up a parking area with a hotspot where those who don’t have internet can park and get access.Work on Shore Road, Rial Herald Road, and Fogler Road have helped us keep the roads safe for travel.


More Definitions of Material Dispute

Material Dispute means a dispute (i) which relates to any part of the Nordics or (ii) which a reasonable person would consider material to the studio business of the Shareholder seeking to terminate (or its Affiliates), taken as a whole or such Shareholder's (or its Affiliates') business taken as a whole;
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Material Dispute means any dispute where the amount in dispute is or was at least half of the Net Worth of any member(s) of the Applicant.
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Material Dispute has the meaning set forth in Section 6.6(c).
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Material Dispute means any bona fide material dispute between the Members with respect to the Company, which dispute cannot be resolved pursuant to the terms of this Agreement or by the Members after they have both exerted their reasonable and good faith efforts to do so.
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Material Dispute means any dispute between an Obligor and a third party that has impaired, or could reasonably be expected to impair, the ability of any Obligor to carry on business in the ordinary course or has caused, or could reasonably be expected to cause a Material Adverse Effect.
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Related to Material Dispute

  • Labor dispute as used here, means a strike, lockout, or other labor dispute between the Employer and its Employees, during which time the Employee is not paid by the Employer.

  • Legal Dispute means any action, suit or proceeding between or among the Parties arising in connection with any disagreement, dispute, controversy or claim arising out of or relating to this Agreement or any related document.

  • Dispute means any dispute, controversy, claim or difference of whatever nature arising out of, relating to, or having any connection with this Agreement, including a dispute regarding the existence, formation, validity, interpretation, performance or termination of this Agreement or the consequences of its nullity and also including any dispute relating to any non-contractual rights or obligations arising out of, relating to, or having any connection with this Agreement.

  • Technical Dispute has the meaning specified in Section 12.2;

  • Material Litigation is defined in Section 6.7.

  • Disputes means any dispute, claim or controversy arising out of, connected with or relating to this Agreement or any other Loan Document, between or among parties hereto and to the other Loan Documents.

  • Disagreement means a difference of opinion between personnel of a reporting issuer responsible for finalizing the reporting issuer’s financial statements and the personnel of a predecessor auditor responsible for authorizing the issuance of audit reports on the reporting issuer’s financial statements or authorizing the communication of the results of the auditor’s review of the reporting issuer’s interim financial report, if the difference of opinion

  • Relevant Dispute means any difference between the parties arising out of or in connection with this contract; "Relevant Force Majeure Event" has the meaning ascribed to it in Clause 17.1;

  • trade dispute means any dispute or difference between employers and workmen, or between workmen and workmen, connected with the employment or non-employment, or the terms of employment, or with the conditions of labour, of any person;

  • Disputing Party has the meaning specified in Paragraph 5.

  • Dispute Period shall have the meaning specified in Section 9.3(a).

  • Dispute Board (DB) means the person or persons named as such in the SCC appointed by agreement between the Procuring Entity and the Contractor to make a decision with respect to any dispute or difference between the Procuring Entity and the Contractor referred to him or her by the Parties pursuant to GCC Sub-Clause 46.1 (Dispute Board) hereof.

  • Resolve and the correlative terms, “Resolved”, “Resolving” and “Resolution” each means that the Services are restored to a point where the Customer can perform their job. In some cases, this may only be a work around solution until the root cause of the Error or Unplanned Disruption is identified and corrected (the need for restoration of normal service supersedes the need to find the root cause of the incident).

  • Material Related Party Transaction means a transaction with a related party if the transaction / transactions to be entered into individually or taken together with previous transactions during a financial year, exceeds ten percent of the annual consolidated turnover of the company as per the last audited financial statements of the company.

  • Material Related Party Transactions means any transaction/transactions to be entered into individually or taken together with previous transactions during a financial year exceeds 10% of the annual consolidated turnover of the Company as per the last audited financial statements of the Company.