Material Variation definition

Material Variation means, in respect of an Expenditure Programme, any variation which on its own or together with any other variation or variations results in, or is likely to result in the budgeted expenditure (taking into account all variations) being exceeded or an Expenditure Programme being materially delayed, or any variation that materially amends the scope, specifications or function of an Expenditure Programme.
Material Variation means in respect of any Railtrack Change Proposal which has been approved, any proposal, or series of minor modifications which together would constitute a proposal (other than one which has been accepted pursuant to the provisions of Conditions C3.9 or C4), which if implemented would:-
Material Variation means in respect of any Development Change Proposal which has been approved, any proposal, or series of minor modifications which together would constitute a proposal (other than one which has been accepted or deemed accepted pursuant to the provisions of Condition 10.4 or Condition 11), which if implemented would:

Examples of Material Variation in a sentence

  • Industry Petitioners also ask us to invalidate EPA’s legitimacy factors as applied to used oil recycling.

  • If a change described in clause 4.10.1(c)(ii) or 4.10.1(c)(iii) constitutes a Material Variation, references in this clause 4.5 to Access Seeker will be taken to refer to the incoming Access Seeker from the date when the incoming Access Seeker replaces the existing Access Seeker in accordance with clause 4.10.1(c)(ii) or 4.10.1(c)(iii) as applicable.

  • If a change described in clause 4.10.1(c)(ii) or 4.10.1(c)(iii) constitutes a Material Variation, references in this clause 4.5 to Access Seeker will be taken to refer to the incoming Access Seeker from the date when the incoming Access Seeker replaces the existing Access Seeker in accordance withclause 4.10.1(c)(ii) or 4.10.1(c)(iii) as applicable.

  • The DevLLP Board shall procure that each of the Development Business Plans referred to in Clause 18.3.1 are reviewed and updated at least once every 12 months (or upon the occurrence of any event that has a material political, legislative, commercial or economic impact on the content of the Business Plan) and shall seek the consent of the Members, acting unanimously, to any Business Plan Material Variation.

  • The Recipient must not, without DIA’s prior written consent, make any Material Variation to the Expenditure Programme(s) (including its description and scope) as set out in the Delivery Plan.


More Definitions of Material Variation

Material Variation means any variation to an Agreement or Associated Documents whether as a unilateral variation permitted by the Agreement or by consent between the parties, other than a variation of the price or winegrape assessment methods already provided for in the Agreement. A Material Variation includes but is not limited to any variation of:
Material Variation means in relation to the Senior Documents and the Mezzanine Documents:
Material Variation means any alteration or addition to or omission from the Specification or the use of any materials in substitution for those specified in the Specification and/or the Building Contract
Material Variation means the alteration or modification of the design, quality or quantity of the Depot Design in Principle and/or the fabric of the New Depot including:
Material Variation means a properly executed variation to the Agreement in compliance with Clause 24;
Material Variation means, in respect of a Permitted Funding Activity, any variation which on its own or together with any other variation or variations results in, or is likely to result in the budgeted expenditure (taking into account all variations) being exceeded or a Permitted Funding Activity being materially delayed, or any variation that materially amends the scope, specifications or function of a Permitted Funding Activity. Monitor means Crown Infrastructure Partners Limited, appointed by the DIA to assist in managing the Funding by undertaking a review and monitoring role.