Material Positive Effect definition
Material Positive Effect means when used with respect to the Company, any materially positive change in or effect on the business, assets, liabilities, results of operation, condition (financial or otherwise) or prospects of the Company.
Material Positive Effect means a decrease in the cost to the Company of the Project (including any decrease in amounts payable by the Company to any Governmental Authority) and/or an increase in gross revenue received by the Company from sales of Energy generated by the Generation Facility.
Material Positive Effect means a decrease in the cost to the Company of performing its obligations under this Agreement and/or an increase in gross revenue received or to be received by the Company under this Agreement.
Examples of Material Positive Effect in a sentence
System Modification Delay Manager shall ensure that Lottery System modifications, game and promotion changes that are reasonably anticipated to have a Material Positive Effect on Net Income are not delayed beyond the agreed upon launch date, unless otherwise agreed by the Parties through the Change in Control process.
In the event of a Change in Law the economic impact of which is not provided for in the calculation of the Energy Charge and which has a Material Positive Effect, the Seller shall be obligated to pay to the Buyer such compensation as may be necessary to put the Seller in the same economic position as the Seller would have been in had such Change in Law not occurred or otherwise not been made.