Examples of Material Diminution in a sentence
The key requirement is that the Protector shall monitor compliance by CRT with the provisions of Schedule 8 of the Agreement to ensure there is no Material Diminution or Material Diversion.
Executive may effect a Termination Other Than For Cause upon written notice to NMHC at any time specifying any of the conditions for constructive termination set forth in clause (ii) above (including without limitation the expiration of the cure period) have been met; provided, however, that during the six (6) month period following a Change in Control, Executive may not effect a Termination Other Than For Cause based upon a Material Diminution.
In the case of a Material Diminution or Relocation Termination Election by the Executive, such Company or Companies shall have ten (10) business days following their receipt of written notice of termination from the Executive to cure such Material Diminution or Relocation.
In the case of a Material Diminution Termination Election by the Executive, the Company shall have ten (10) days following its receipt of written notice of termination from the Executive to cure such material diminution.
In the case of a Material Diminution or Relocation Termination Election, if such Company or Companies do not cure such Material Diminution or Relocation within the ten (10) business days following its receipt of such Material Diminution or Relocation Termination Election from the Executive, pursuant to this Section, termination of Executive's employment shall be effective at the end of such ten (10) business day period.