Company Material Impact definition

Company Material Impact means a Company Material Adverse Effect, except that a “material adverse effect” will be deemed to have occurred (subject to the limitations in such definition) where the applicable effect or effects would reasonably be expected to result, individually or in the aggregate, in Losses that exceed $1,250,000.
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Company Material Impact shall have the meaning set forth in Section 3.1(b).
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Examples of Company Material Impact in a sentence

  • All such reports, applications and documents were true and correct as of the date of submission (or were corrected in or supplemented by a subsequent filing), except as would not reasonably be expected to have a Company Material Impact.

  • No action or investigation is pending or, to the Knowledge of the Company, threatened to suspend, modify, cancel, revoke, remove or withdraw any Company Permit, except as would not reasonably be expected to have a Company Material Impact.

  • Each of the Subsidiaries of the Company and the JV has all requisite power and authority necessary to own, lease and operate all of its properties and assets and to carry on its business as it is now being conducted, except where the failure to do so, individually or in the aggregate, would not reasonably be expected to have a Company Material Impact.

  • As of the date of this Agreement, no investigation or review by any Governmental Authority with respect to any of the Company and its Subsidiaries is pending or, to the Knowledge of the Company, threatened, except as would not reasonably be expected to have a Company Material Impact.

  • Except as would not reasonably be expected to have a Company Material Impact, since January 1, 2015, the Company has not received any notice in writing from any Person that such Person intends to terminate, or not renew, any Company Material Contract in effect on the date of this Agreement, except for notices which have been withdrawn or where the period for the taking of the threatened action has lapsed without such action having been taken.

  • None of the Company, its Subsidiaries or the JV is subject to any outstanding charge, order, writ, injunction, judgment, decree, ruling, determination, directive, award, or settlement, whether civil, criminal, or administrative, and whether formal or informal, in each case, by any Governmental Authority, other than those that would not reasonably be expected to have a Company Material Impact.

  • The Company, its Subsidiaries and the JV are, and have at all times since January 1, 2014 been, in compliance with such Laws, except as would not reasonably be expected to have a Company Material Impact.

  • Since January 1, 2014, none of the Company and its Subsidiaries has received written notice from any Governmental Authority alleging that it is in violation of any applicable Law where such violations could reasonably be expected to have a Company Material Impact.

  • There is no pending or, to the Knowledge of the Company, threatened, Claim against the Company, any of its Subsidiaries or the JV or their respective properties or assets, nor is there any injunction, order, judgment, ruling or decree imposed upon the Company, any of its Subsidiaries or the JV, in each case, by or before any Governmental Authority, other than those that would not reasonably be expected to have a Company Material Impact.