Material Detrimental Effect definition
Material Detrimental Effect means with respect to (i) any assets or businesses required by a Regulatory Authority to be diverted or held separate, or (ii) licenses, agreements or contracts required by a Regulatory Authority to be amended or terminated, the taking of such actions would reasonably be expected to materially impair the business, operations or assets of the Buyer or the WEEMEA Companies.
Examples of Material Detrimental Effect in a sentence
If the Buyer reasonably determines that required actions are reasonably likely to result in a Material Detrimental Effect, then Buyer shall not be required to take any further actions.