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, the Parties acknowledge that the bar orders, waivers, renunciations of solidarity and reservations of rights contemplated in this Section 8 shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the bar orders, waivers, renunciations of solidarity and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 6.1 of the Settlement Agreement.

Appears in 1 contract

Sources: National 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, the The Parties acknowledge that the bar orders, waivers, renunciations of solidarity order and reservations of rights contemplated in this Section 8 shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the bar orders, waivers, renunciations of solidarity order and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 6.1 of the Settlement Agreement.

Appears in 1 contract

Sources: Settlement Agreement

Material Term. β€Œ (1) For the avoidance of doubt and without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material termsterms (subject to Section 6.1(3)), the Parties acknowledge that the bar orders, waivers, renunciations of solidarity and reservations of rights contemplated provisions in this Section SECTION 8 shall be considered a material term of the Settlement Agreement and the failure of any the Court to approve the bar orders, waivers, renunciations of solidarity and reservations of rights contemplated herein such provisions shall give rise to a right of termination pursuant to Section 6.1 of the Settlement Agreement.

Appears in 1 contract

Sources: Settlement Agreement

Material Term. β€Œ (1) For the avoidance of doubt and without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material termsterms (subject to Section 6.1(3)), the Parties acknowledge that the bar orders, waivers, renunciations of solidarity and reservations of rights contemplated provisions in this Section 8 SECTION 7 shall be considered a material term of the Settlement Agreement and the failure of any the Court to approve the bar orders, waivers, renunciations of solidarity and reservations of rights contemplated herein such provisions shall give rise to a right of termination pursuant to Section 6.1 of the Settlement Agreement.

Appears in 1 contract

Sources: Settlement Agreement

Material Term. (1) For the avoidance of doubt greater certainty and without limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material termslimitation, the Parties acknowledge that the bar orders, waivers, renunciations of solidarity order and reservations reservation of rights contemplated in this Section 8 shall be considered a material term of the Settlement Agreement and the failure of any Court requisite court to approve the bar orders, waivers, renunciations of solidarity order and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 6.1 5.1 of the Settlement Agreement.

Appears in 1 contract

Sources: 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, the Parties acknowledge that the bar orders, waivers, renunciations of solidarity orders and reservations of rights contemplated in this Section 8 7 shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the bar orders, waivers, renunciations of solidarity orders and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 6.1 5.1 of the Settlement Agreement.

Appears in 1 contract

Sources: 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, the The Parties acknowledge that the bar orders, waivers, renunciations of solidarity orders and reservations of rights contemplated in this Section 8 7 shall be considered a material term of the Settlement Agreement and the failure of any the Court to approve the bar orders, waivers, renunciations of solidarity orders and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 6.1 5.1 of the Settlement Agreement.

Appears in 1 contract

Sources: Settlement Agreement

Material Term. (1) For the avoidance of doubt and without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material termsterms (subject to Section 5.1(3)), the Parties acknowledge that the bar orders, waivers, renunciations of solidarity and reservations of rights contemplated provisions in this Section 8 7 shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the bar orders, waivers, renunciations of solidarity and reservations of rights contemplated herein such provisions shall give rise to a right of termination pursuant to Section 6.1 5.1 of the Settlement Agreement.

Appears in 1 contract

Sources: 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 termsterms (subject to Section 9.1(4)), the Parties acknowledge that the bar orders, waivers, renunciations of solidarity 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 any the Court to approve the bar orders, waivers, renunciations of solidarity and reservations releases and/or reservation of rights contemplated herein shall give rise to a right of termination to terminate pursuant to Section 6.1 9.1 of the this Settlement Agreement.

Appears in 1 contract

Sources: Settlement Agreement