Common use of Determination of Materiality Clause in Contracts

Determination of Materiality. Vendor shall provide reasonable advance notification to all Participants subscribed to a particular service of any proposed new, or change to existing, Network Operating Policies and Technical Requirements that apply to that particular service. Vendor shall consider feedback from all Participants including any comments on fiscal impact and then determine, in its sole discretion, whether such proposal is Material. If Vendor determines that the proposal is not Material, then Vendor shall follow the change process in the Section 4(c)(ii). If Vendor determines that the proposal is Material, then Vendor shall follow the change process in Section 4(c)(iii).