Material Transactions definition

Material Transactions means the supply of goods and services which are of such size as to have an impact on the air carriers of the Parties’ fair and equal opportunities to compete;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Material Transactions means a transaction with a related party if the transaction(s) to be entered into individually or taken together with previous transactions during a financial year, exceeds rupees one thousand crore or ten per cent of the annual consolidated turnover of the bank as per the last audited financial statements of the bank, whichever is lower.

Material Transactions means the transaction(s) to be entered into individually or taken together with previous transactions during a Financial Year, exceeds rupees one thousand crore or ten percent of the annual consolidated turnover of the Company as per the last audited financial statements of the Company whichever is lower. Notwithstanding the above, a transaction involving payments made to a related party with respect to brand usage or royalty shall be considered material if the transaction(s) to be entered into individually or taken together with previous transactions during a financial year, exceed five percent of the annual consolidated turnover of the Company as per the last audited financial statements of the Company.

Examples of Material Transactions in a sentence

• For the purposes of this paragraph, the term "Material Transactions" shall include any change in charter or bylaws; grant or issuance of securities convertible into common stock; declaration or payment of any dividend or redemption of capital stock; change in capitalization; or consolidation, merger, reorganization, sale of substantially all of the subject entities' assets or roll-up.

• A-21 6.2 Material Transactions.......................................

• Seller shall use commercially reasonable efforts to provide Purchaser with regular reports and information regarding the status of approved Material Transactions being negotiated.

• Schedule 3.17 Labor and Employment Matters Schedule 3.18 Material Transactions Schedule 3.19 Customers Schedule 3.20 Suppliers Schedule 3.21 Prepayments and Deposits Schedule 3.22 Intellectual Property.

• Notwithstanding any of the foregoing, any Material Transactions and any transaction that is out of the ordinary course of Company’s business will be subject to the prior approval of the Board or Officers, as applicable.

More Definitions of Material Transactions

Material Transactions means transactions, other than claim payments, involving more than one- half of one percent (.5%) of the reciprocal's admitted assets as of the 31st day of December of the prior year.

Material Transactions means for any period, acquisitions or divestitures of Oil and Gas Properties for aggregate consideration greater than $100,000,000.

Material Transactions means a transaction with a related party if the transaction(s) 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 listed entity as per the last audited financial statements of the listed entity.

Material Transactions means if the transaction(s) to be entered into individually or taken together with previous transactions during a financial year exceeds 5% of the annual turnover or 20% of the net-worth of the company as per the last audited financial statements of the company whichever is higher.

Material Transactions means any transaction between the company and a related party whose publication and disclosure would be likely to have a significant impact on the economic decisions of shareholders of the company and which could create a risk for the company and its shareholders who are not related parties, including minority shareholders. The nature of the transaction and the position of the related party shall be taken into consideration.

Material Transactions means any transaction by a Party that ---------------------- affects in a material way such Party's assets and/or liabilities, involves use of such Party's intellectual property or resources or may potentially expose such party to the risk of liability and/or indemnification.

Material Transactions means Related Party Transactions defined under Regulation 23 of the Listing Regulations and the contracts or arrangements given under Rule 15 of the Companies (Meetings of Board and its Powers) Rules, 2014 requiring shareholders’ approval. Provided that in case of any amendment to the Act or Listing Regulations, definition of Material transactions will be deemed to be changed without any further approval of Audit Committee or Board.