Material restriction definition

Material restriction means a restriction, limitation, or other requirement which significantly affects the price of, normal anticipated use of, or a customer’s financial responsibility for, a rental vehicle. Restrictions against any or all of the following activities in connection with the acquisition or use of a rental vehicle are not material restrictions:
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Material restriction means a restriction, limitation, or other requirement which significantly affects the price of, normal anticipated use of, or a customer's financial responsibility for, a rental vehicle. Restrictions against any or all of the following activities in connection with the acquisition or use of a rental vehicle are not material restrictions:
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Material restriction shall have the meaning set forth in Section 4.6(e).
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Examples of Material restriction in a sentence

  • Material restriction of ownership rights of private (non-State owned) health insurance companies having the nature of forced restriction of the ownership right of those health insurance companies and/or their shareholders in the form of material restriction of the possibility to dispose of their own shares as property value which are integral part of their ownership right.

  • Material restriction from certain countries (especially if the items can be procured from that country only) [D] Insurance It is important for the affected party to check their coverage of Insurance policies mainly: Comprehensive All Risk Insurance Business Interruption Insurance (Physi- cal Damage) The Business Interruption Insurance coverage re- quires a “direct physical loss or damage” to the in- sured property in order to be applicable.

  • Except as set forth in Section 2(m) of the Disclosure Schedules, no condition exists or event has occurred that permits, or after notice or lapse of time, or both, would permit, the revocation or termination of any such license, permit, consent, franchise, or authorization (other than pursuant to their express expiration date) or the imposition of any Material restriction or limitation upon the operation of the Stations as now conducted.

  • Except as set forth in Section 2(1) of the Disclosure Schedule, no condition exists or event has occurred that permits, or after notice or lapse of time, or both, would permit, the revocation or termination of any such license, permit, consent, franchise, or authorization (other than pursuant to their express expiration date) or the imposition of any Material restriction or limitation upon the operation of the Stations as now conducted.

  • Material restriction Suppliers shall comply with relevant laws, regulations and customer requirements concerning the prohibition or restriction of certain substances (including recycling and disposal marks) in the products and manufacturing process.

  • No. Name of registered owner/ Beneficial owner, if applicable/ lessor/ lessee/ Title identification/ Postal address Description of property/ Existing use or proposed use Material restriction in interest/ encumbrances on property/ condition Audited net book value Market value as at the date of valuation/ Method of valuation Tenure/ Date of expiry (if applicable) 3.

  • The packer is designed to provide separation of the borehole into two zones so that the upper zone can be monitored by conventional slug- test and water-sampling methods, and a differential pressure transducer in the probe measures the hydraulic head in the zone below the packer.

  • A Material restriction in iRIS™ means that that a task that could only be completed within the system cannot be completed because the iRIS™ function is no longer accessible or will not correctly perform the function and a workaround has not been provided by LICENSOR to LICENSEE.

  • Neither this Agreement nor the transactions contemplated by this Agreement, including the assignment to Purchaser expressly, by operation of law or otherwise, of any contracts or agreements, will result in (i) Purchaser or Seller granting to any third party any right to or with respect to any Intellectual Property owned by, or licensed to, any of them, or (ii) Purchaser being bound by, or subject to, any non-competition or other Material restriction on the operation or scope of its businesses.

  • Use of any Brand Name without following Broker’s Policies as set forth herein may result in a fine in an amount to be determined by Broker, restriction from further use of all or some Brand Material, restriction from further use of the Brand Name in its entirety, withholding or forfeiture of commissions, and/or termination as an Associate with Broker.


More Definitions of Material restriction

Material restriction means a restriction that includes but is not limited to the following: a requirement to obtain a second opinion from another practitioner prior to patient diagnosis or treatment; a limitation on prescription drug writing; a limitation on providing examination, diagnosis or procedurewithout a second person present or approving the procedure; or restriction, suspension, or involuntary termination of hospital staff privileges if the LIP’s specialty normally admits patients to a hospital; a restriction on or prohibition from performing a service procedure typically provided by other practitioners in the same or similar specialty.
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Material restriction means a restriction on the amount or speed of Internet
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Related to Material restriction

  • Material Restricted Subsidiary any Restricted Subsidiary other than one or more Restricted Subsidiaries designated by the Borrower that in the aggregate do not constitute Material Subsidiaries.

  • SEC Restrictions has the meaning set forth in Section 2(b).

  • Material Real Property means any fee owned Real Property located in the United States that is owned by any Loan Party with a fair market value in excess of $10,000,000 (at the Closing Date or, with respect to Real Property acquired after the Closing Date, at the time of acquisition, in each case, as reasonably estimated by the Borrower in good faith).

  • 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.

  • Internal lot restriction means a platted note, platted demarcation, or platted designation that:

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • 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.

  • Chemical restraint means the use of medication to control a student’s violent physical behavior or restrict a student’s freedom of movement.

  • Hazardous Activity means the distribution, generation, handling, importing, management, manufacturing, processing, production, refinement, Release, storage, transfer, transportation, treatment or use (including any withdrawal or other use of groundwater) of Hazardous Material in, on, under, about or from any of the Facilities or any part thereof into the Environment and any other act, business, operation or thing that increases the danger, or risk of danger, or poses an unreasonable risk of harm, to persons or property on or off the Facilities.

  • 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.

  • Hazardous Waste means any substance or material regulated or designated as such pursuant to any Environmental Law, including without limitation, pollutants, contaminants, flammable substances and materials, explosives, radioactive materials, oil, petroleum and petroleum products, chemical liquids and solids, polychlorinated biphenyls, asbestos, toxic substances, and similar substances and materials.

  • Felony Conviction means a conviction within the preceding 24 months of a felony criminal violation under any Federal law and includes conviction of an offense defined in a section of the United States Code that specifically classifies the offense as a felony and conviction of an offense that is classified as a felony under 18 U.S.C. 3559.

  • Dealing Restrictions means restrictions imposed by statute, order, regulation or Government directive, or by the Model Code or any code adopted by the Company based on the Model Code and for this purpose the Model Code means the Model Code on dealings in securities set out in Listing Rule 9, annex 1 (of the London Stock Exchange), as varied from time to time;