Material Breach definition

Material Breach means a breach by either Party of any of its obligations under this Agreement which has or is likely to have a Material Adverse Effect on the Project and which such Party shall have failed to cure.
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Material Breach means a breach by either Party of any of its obligations under this Agreement which has or is likely to have a Material Adverse Effect on the Project and which such Party shall have failed to cure;
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Material Breach. As defined in Section 2.03(a) of this Agreement.
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Examples of Material Breach in a sentence

  • DOE, upon a Material Breach of any term of this Agreement by the Awardee.

  • For the avoidance of doubt, no Liquidation Fee will be payable by the Mortgage Loan Sellers in connection with a repurchase of their respective Loan Percentage Interest in the Mortgage Loan or any indemnity payment by the Mortgage Loan Seller due to a Material Breach or a Material Document Defect if made in accordance with and within the 90 day period set forth in the Mortgage Loan Purchase Agreement (including any applicable extended period).

  • Such repurchase, substitution, cure or Loss of Value Payment obligation by the Seller and Holdco’s guarantee of such obligations pursuant to Section 13 shall be the Issuer’s sole remedy for any Material Breach, Material Document Defect or Combined Loan Repurchase Event pursuant to this Agreement with respect to any Collateral Interest sold to the Issuer by the Seller.

  • DOE shall promptly provide Awardee with a Cure Notice identifying the Material Breach.

  • Failure of the Awardee to comply with this term may be considered a Material Breach of this Agreement.


More Definitions of Material Breach

Material Breach means a breach (including an anticipatory breach) that is serious in the widest sense of having a serious effect on the benefit which the terminating party would otherwise derive from:
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Material Breach has the meaning set forth in Section 2.3(a).
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Material Breach means any fundamental breach of a term of this Contract or breach of a fundamental term of the Contract;
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Material Breach. With respect to any Mortgage Loan, any Breach that materially and adversely affects the value of such Mortgage Loan or the interests of the Certificateholders in the affected Mortgage Loan.
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Material Breach means: a breach by the Supplier referred to by this definition in any of the following Clauses: Clause 4 and FW-21 (Warranties and Representations), FW-15 (Conflicts of Interest and Ethical Walls), Clause 24 (Disruption), Clause 7 (Supplier Staff), Clause 19 (IPR), FW-42 (Data Protection and Disclosure), Clause 21 (Confidentiality), FW-25 (Publicity, Branding Media and Official Enquiries), FW-46 (Official Secrets Acts), FW-40 (Prevention of Bribery and Corruption), FW-45 (Safeguarding against Fraud) and FW-15 (Conflicts of Interest and Ethical Walls) and Clause 40.7 (Employment, Tax and National Insurance Liabilities). any breach of this Contract which is set out in this Contract as being a material breach; any breach of this Contract which is set out as a material breach of this Contract in the framework Agreement; any material breach of this Contract under the Law; and/or a breach which prevents the Customer from discharging a statutory duty. Maximum Price has the meaning given to it at paragraph 46.1.2 of the SOW; Mediator has the meaning given to it at Clause 36.1.8; Methodology means the description of the manner in which the Services are to be provided by the Supplier as set out in Methodology;
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Material Breach means a material breach of this Call-Off Contract;
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Material Breach means any of the following:
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