Essential Term definition

Essential Term includes, in the case of breach by: (i) the Buyer: clauses 2.2, 2.5(1), 2.5(5), 5.1 and 6.1; and (ii) the Seller: clauses 2.5(5), 5.1, 5.3(1)(a)-(d), 5.3(1)(e)(ii) & (iii), 5.3(1)(f), 5.5 and 6.1; but nothing in this definition precludes a Court from finding other terms to be essential.
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Essential Term includes, in the case of breach by:
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Essential Term means those terms in clauses 10.3 and 14 of the Framework ILUA and clauses 7.1, 7.2, 7.3.1,
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Examples of Essential Term in a sentence

  • In this case the Buyer shall be deemed to have breached an Essential Term and the rights under clause 11 and at common law shall apply in favour of the Seller.

  • If there is a disagreement as to whether a term is an Essential Term, the matter will be reasonably determined by Fast Twitch.

  • Without limiting any other right or remedy of the parties including those under this contract or any right at common law, if the Seller or Buyer, as the case may be, fails to comply with an Essential Term, or makes a fundamental breach of an intermediate term, the Seller (in the case of the Buyer’s default) or the Buyer (in the case of the Seller’s default) may affirm or terminate this contract.

  • Essential Term #5: (formally evaluated) N/A Geographic Area Served: Statewide, but primarily West Hawai`i.

  • Essential Term #2: (formally evaluated) Quality Instruction LCPCS staff will implement an aligned curriculum addressing the common core state standards through a variety of instructional techniques including community and place based learning, hands on learning, and project based learning.


More Definitions of Essential Term

Essential Term means any term in these Standard Terms and Conditions which is expressly stated to be an Essential Term and also means any term which the parties expressly state in any Special Conditions to be an Essential Term. “Essential Term” also includes any term which, by its nature and importance, one or other of the parties would not enter into this Contract without that term being included.
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Essential Term means a clause in Schedule 1 that is an essential term under regulation 47;
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Essential Term means any term in these Standard Terms and Conditions which is expressly stated to be an essential term and also means any term which is expressly stated in the Quotation or Proposal to be an essential term. “Essential Term” also includes any term which, by its nature and importance, one or other of the parties would not enter into this Contract without that term being included.
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Essential Term means the terms specified in Clause 30 any other term stated in this contract to be an essential term and any other term a Court finds to be essential.
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Essential Term means in case of a breach by: (a) the Buyer: (i) clause 4.1(b) (Balance Purchase Price) (ii) clause 5 (Deposit); (iii) clause 6.1 (Settlement); (iv) clause 16.5 (Proxy); (v) clause 35 (Buyer as Trustee); (vi) clause 38 (Buyer's Warranties); and (vii) clause 40 (Time of the Essence) (b) the Seller: (i) clause 6.2 (Settlement); and (ii) clause 40 (Time of the Essence) but nothing in this definition precludes a Court from finding other terms to be essential.
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Essential Term means an essential term of this Lease as set out in clause 21.7.
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Essential Term includes, in the case of breach by: (i) the Buyer: clauses 2.2, 2.5(1), 2.5(5), 5.1 and 6.1 and (ii) the Seller: clauses 2.5(5), 5.1, 5.3(1)(a) – (f),
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