Examples of Material issue in a sentence
In the event a Disputed Matter concerns any matter that has material economic, risk or compliance implications to Bank, Retailer or the Program, including the Cardholder Terms or the risk management policies (a “Material Issue”), either Bank or Retailer may request an expedited review of such Material Issue (an “Expedited Review”).
Changes relating to any Material Issue shall not be implemented by any Party until the completion of the review process set forth in this Section 4.2.2 unless action is required due to Exigent Circumstances (such process, an “Expedited Review”).
In the event a Disputed Matter concerns any matter that has material economic, risk or compliance implications to a Party or the Program, including the Risk Management Policy or the Credit Terms, or is an Exigent Circumstance (a “Material Issue”), either Bank or a Company Party may request an Expedited Review of such Material Issue.