Material Disagreement definition

Material Disagreement has the meaning provided in Section 9(b).
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Material Disagreement has the meaning provided in Section 8(b).
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Material Disagreement means a matter pertaining to the one or more of the matters described below, that comes to a vote at a meeting of the Shareholders or a meeting of the advisory board for decision, and is decided by the Buyer's exercise of its casting vote (the date of Buyer's exercise of its casting vote shall be the "Date of the Material Disagreement"): This option may only be exercised within 60 days after the Date of the Material Disagreement: - the pursuit by an Atronic Company of business opportunities in a geographical territory in which such Atronic Company did not do business before; - the pursuit by an Atronic Company of business opportunities outside the scope of gaming systems, gaming solutions, gaming machines; - the determination, increase or decrease of an Atronic Company's budget for research and development; - the determination, amendment or revision of an Atronic Company's annual and/or three-year plan; and/or - other matters that, if acted upon, would have the effect of obligating the Shareholders to increase their loans and/or capital contributions to a Parent Company.
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Examples of Material Disagreement in a sentence

  • The Servicer’s determination of “yes” Holders and “no” Holders shall be sent to each Holder and shall be utilized for determining whether any Holder in the group has the requisite percentage of Holders necessary to exercise its right to declare a Material Disagreement in accordance with Section 9(b) below.

  • All shares subject to accelerated vesting under this Section 14 shall vest fully and become subject to immediate exercise as of the date of the Notice of Material Disagreement.

  • In summary our results suggest that the costs of a roll out of smart metering infrastructure to these communities are not unanimously outweighed by the business efficiency benefits that are expected to result.

  • Such Material Disagreement shall be submitted to binding arbitration in New York, New York, administered by the American Arbitration Association (the “AAA”) in accordance with AAA’s commercial arbitration rules pursuant to the expedited procedures provisions thereof (to the extent not inconsistent with the procedures set forth below).

  • Executive, in his sole discretion and acting in good faith, shall determine whether there is a Material Disagreement between Executive and the Board and/or the CEO.

  • The parties agree and acknowledge that Executive and the Board and/or CEO may not be able to agree as to the proper course or direction of Employer's business ("Material Disagreement").

  • The existence of a Material Disagreement may be called by one or more Shareholders, representing more than twenty five (25) percent of New MP's share capital, by delivering to the remaining Shareholders and New MP a memorandum in English (the "Disagreement Memorandum"), describing the alleged Material Disagreement, setting out their position on the issue in contention, their reasons for taking such position and the damages to their interests which could result if their recommended position is not adopted.

  • There is, in conclusion, no reason to question Boethius’s lasting adherence to the immateriality of angels and the soul.

  • The Servicer’s determination of “yes” Holders and “no” Holders shall be sent to each Holder and shall be utilized for determining whether any Holder in the group has the requisite percentage of Holders necessary to exercise its right to declare a Material Disagreement in accordance with Section 8(b) below.

  • From a theoretical perspective, banks could gain cumulative returns by manipulating LIBOR (if they indicate a less volatile rate so that to attract the attention of investors).


More Definitions of Material Disagreement

Material Disagreement means a material irreconcilable dispute among the Members regarding the management, operations or strategic direction of the Company and/or its Subsidiaries that continues to be in effect for a period of not less than thirty (30) calendar days.
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Related to Material Disagreement

  • Disagreement Notice has the meaning specified in Section 2.04(c).

  • Disagreement means a difference of opinion between personnel of a reporting issuer responsible for finalizing the reporting issuer’s financial statements and the personnel of a predecessor auditor responsible for authorizing the issuance of audit reports on the reporting issuer’s financial statements or authorizing the communication of the results of the auditor’s review of the reporting issuer’s interim financial report, if the difference of opinion

  • Notice of Disagreement has the meaning set forth in Section 2.3(c).

  • Dispute Notice has the meaning set forth in Section 2.7(b).

  • Material Defect As defined in Section 2.02(c) hereof.

  • Material Objection Notice has the meaning set forth in Section 4.2 of this Agreement.

  • 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 Document Defect As defined in Section 2.03(a) of this Agreement.

  • Developmental disability means that condition defined in RCW 71A.10.020(5);

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • Independent Auditor has the meaning specified in subsection 7.01(a).

  • Independent Auditors has the meaning set forth in Section 3.2.

  • Labor dispute as used here, means a strike, lockout, or other labor dispute between the Employer and its Employees, during which time the Employee is not paid by the Employer.

  • Material Contact means contact in person, by telephone, or by paper or electronic correspondence in furtherance of the Business of the Company.

  • Dispute means any dispute, controversy, claim or difference of whatever nature arising out of, relating to, or having any connection with this Agreement, including a dispute regarding the existence, formation, validity, interpretation, performance or termination of this Agreement or the consequences of its nullity and also including any dispute relating to any non-contractual rights or obligations arising out of, relating to, or having any connection with this Agreement.

  • Material Deviation refers to any contents or characteristics of the proposal that is significantly different from an essential aspect or requirement of the RFP, and : (i) substantially alters the scope and quality of the requirements; (ii) limits the rights of UNDP and/or the obligations of the offeror; and (iii) adversely impacts the fairness and principles of the procurement process, such as those that compromise the competitive position of other offerors.

  • Dispute Period shall have the meaning specified in Section 9.3(a).

  • Material Related Party Transaction means a transaction with a related party if the transaction / transactions to be entered into individually or taken together with previous transactions during a financial year, exceeds ten percent of the annual consolidated turnover of the company as per the last audited financial statements of the company.

  • material relationship means one actually known of a personal, familial or business nature between the Broker and affiliated licensees and a client which would impair their ability to exercise fair judgment relative to another client.