Material Contingencies definition

Material Contingencies have the meaning set forth in Section 4.10.
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Examples of Material Contingencies in a sentence

  • The Material Contingencies identified in the Matsco Liabilities List are subject to indemnification as provided in this Article notwithstanding any disclosure of any Material Contingency on any Matsco List.

  • The balance of any Holdback Funds determined by GBB as provided herein as required for the resolution of the Material Contingencies shall be released, together with accrued interest, promptly when no longer required to resolve any Material Contingency.

  • The Material Liabilities list contains a list of those certain contingent liabilities (the "Material Contingencies") which the Indemnifying Shareholders and GBB agree may be resolved, if necessary, by the use of the Holdback Funds and which shall be subject to the procedures set forth in Section 15.

Related to Material Contingencies

  • Material Contracts has the meaning set forth in Section 3.09(a).

  • Material Consents as defined in Section 7.3.

  • Material Compliance Matter has the same meaning as the term defined in Rule 38a-1, and includes any compliance matter that involves: (1) a violation of the federal securities laws by Distributor (or its officers, directors, employees, or agents); (2) a violation of Distributor's Rule 38a-1 policies and procedures; or (3) a weakness in the design or implementation of Distributor's Rule 38a-1 policies and procedures.

  • Material Related Party Transactions means any transaction/transactions to be entered into individually or taken together with previous transactions during a financial year exceeds 10% of the annual consolidated turnover of the Company as per the last audited financial statements of the Company.

  • Material Loss means an uninsured: