Common use of Material Term Clause in Contracts

Material Term. (1) The Parties acknowledge that the bar orders, waiver or renunciation of solidarity, and reservation of rights contemplated in this Section 6 shall be considered a material term of the Settlement Agreement and the failure of the Ontario or Quebec Court to approve the bar orders, waiver or renunciation of solidarity, and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 4.1 of the Settlement Agreement.

Material Term. (1) The Parties acknowledge that the bar orders, waiver or renunciation waivers, renunciations of solidarity, solidarity and reservation reservations of rights contemplated in this Section 6 shall be considered a material term of the Settlement Agreement and the failure of the Ontario or Quebec Court to approve the bar orders, waiver or renunciation waivers, renunciations of solidarity, solidarity and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 4.1 of the Settlement Agreement.

Material Term. (1) The Parties acknowledge that the bar orders, waiver or renunciation of solidarity, and reservation of rights contemplated in this Section 6 shall be considered a material term of the Settlement Agreement and the failure of the Ontario or Quebec Court to approve the bar orders, waiver or renunciation of solidarity, and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 4.1 of the Settlement Agreement.

Material Term. (1) The Parties acknowledge that the bar orders, waiver or renunciation of solidarity, order and reservation reservations of rights contemplated in this Section 6 shall be considered a material term of the Settlement Agreement and the failure of the Ontario or Quebec Court to approve the bar orders, waiver or renunciation of solidarity, order and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 4.1 of the Settlement Agreement.