Common use of Material Term Clause in Contracts

Material Term. (1) For the avoidance of doubt and without limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms (subject to Section 9.1(4)), the releases and reservations of rights contemplated in this Section 8 shall be considered a material term of the Settlement Agreement and the failure of the Court to approve the releases and/or reservation of rights contemplated herein shall give rise to a right to terminate pursuant to Section 9.1 of this Settlement Agreement.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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Material Term. (1) For the avoidance of doubt and without Without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms (subject to Section 9.1(4))terms, the releases and reservations reservation of rights contemplated in this Section 8 section shall be considered a material term of the this Settlement Agreement and the failure of the Court Courts to approve the releases and/or reservation of rights contemplated herein shall give rise to a right to terminate of termination pursuant to Section 9.1 s. 11 of this Settlement Agreement.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

Material Term. (1) For the avoidance of doubt and without Without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms (subject to Section 9.1(4))terms, the releases and reservations of rights contemplated in this Section 8 section shall be considered a material term of the Settlement Agreement Agreement, and the failure of the Court to approve the releases and/or reservation of rights contemplated herein shall give rise to a right to terminate of termination pursuant to Section 9.1 s. 11 of this the Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement

Material Term. (1) For the avoidance of doubt and without limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms (subject to Section 9.1(4)), the releases and reservations of rights contemplated in this Section SECTION 8 shall be considered a material term of the Settlement Agreement and the failure of the Court to approve the releases and/or reservation of rights contemplated herein shall give rise to a right to terminate pursuant to Section 9.1 of this Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement

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Material Term. (1) For the avoidance of doubt and without Without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms (subject to Section 9.1(4))terms, the releases and reservations reservation of rights contemplated in this Section 8 section shall be considered a material term of the this Settlement Agreement and the failure of the Court to approve the releases and/or reservation of rights contemplated herein shall give rise to a right to terminate of termination pursuant to Section 9.1 s. 11 of this Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement

Material Term. (1) For the avoidance of doubt and without Without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms (subject to Section 9.1(4))terms, the releases and reservations reservation of rights contemplated in this Section 8 section shall be considered a material term of the Settlement Agreement and the failure of the Court Courts to approve the releases and/or reservation of rights contemplated herein shall give rise to a right to terminate of termination pursuant to Section 9.1 s. 11 of this the Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement

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