Material Update definition
Examples of Material Update in a sentence
Notwithstanding any other provision in this Agreement, each Material Update to structured messaging and web services products will be versioned or made backward compatible for one year after the rollout of the Material Update such that Subscriber and its Affiliates may continue to use the Products and Services subject to the terms in this Agreement, including without limitation the terms in the Service Level Agreement, without upgrading to such Material Update.
If the Company provides a Material Update, the Exercise Period shall be extended by five calendar days from the date of receipt of the Material Update, if such extension is longer than the expiration of the Exercise Period.
Upon MSI’s receipt of any Material Update, MSI shall have the right to terminate Section 2.2 or Section 2.3 of this Agreement, as applicable, for all purposes without any liability whatsoever to MSI or MHR or their respective Affiliates.
CMS agrees that nothing in this Addendum prevents PDP Sponsor from offering benefits in addition to basic prescription drug coverage to employers/unions.
The Seller must promptly provide to Purchaser any information or documentation reasonably requested by Purchaser in order for Purchaser to evaluate the Material Update, and, if the Material Update is provided less than five (5) Business Days before the Outside Date, the Outside Date will be extended until five (5) Business Days after delivery of the Material Update and such information or documentation so as to afford Purchaser an opportunity to review such information.
No right of indemnification under this ARTICLE X shall be limited by any reason of any investigation or audit conducted before or after the Closing or the knowledge of any party acquired at any time of any breach of a representation, warranty, covenant or agreement by any other party at any time, or the decision of any party to complete the Closing (other than with respect to a Material Update).
Uplift will update the Program once annually to conform with any applicable legal or regulatory changes (with such annual Updates to be made available for download via the Website in January of each year, provided Licensee has timely paid the Annual Material Update Fee for each User).