materially different definition
materially different means material other than the original material where there is a significant or substantial difference.
materially different as used in this subsection, means a change in the type, scale, location, or other characteristics of the proposed development such that findings of fact on which the original approval was based would be materially affected.
materially different means as to any major category of income a decrease of more than fifteen percent (15%) that is not offset by a corresponding decrease in expenses and as to any major category of expense an increase of more than fifteen (15%) that is not offset by a corresponding increase in revenues.
More Definitions of materially different
materially different terms means that, with respect to a third party investor, (x) the overall transaction cost per unit of interest in the Investment Opportunity offered to such third party investor by the Company is less than 97.5% of the cost proposed to GICRE in the ROFO Notice or (y) the other terms of the transaction are otherwise more favorable to such third party investor in any material respect (the parties agreeing that the terms shall be deemed “Materially Different” if there is any reduction in fees).
materially different economic terms means that, with respect to a third party investor, the overall transaction cost per unit of interest in the Investment Opportunity offered to such third party investor by the Company is less than 97.5% of the cost proposed to the Stockholder in the ROFO Notice.
materially different is specifically set forth in Item 2, Special Stipulations hereof. Matters revealed in said survey shall not relieve the warranty of title obligations of Seller referenced above. Seller shall provide at closing a quit claim deed for any property shown on survey which is not included in full legal description of the property on record in the office of the Superior Court of Fulton County.
materially different means that the rent and other consideration and concessions offered by the third party shall not be less than 95% of the Offer, taking into account all terms and conditions that would affect the economics of the proposed Transfer. If the terms and conditions of any third party offer made within nine (9) months after a Terminating Event are materially different, then Lessee shall not effect the Transfer with the third party unless (i) Lessee first delivers to Lessor a second offer in writing stating how the third party offer is materially different from the Offer (the “Re-offer”), and (ii) Lessor rejects the Re-offer in writing, or does not give Lessee written notice accepting the Re-offer, within ten (10) business days of Lessor’s receipt of the Re-offer, failing which Lessee may complete the Transfer to a third party upon terms and conditions not materially different from the Re-Offer. Upon the expiration of the 9-month period which commenced with the Terminating Event, the provisions of Section 22.4(a) shall again apply and Lessor’s right of first offer shall be reinstated.
materially different means any change which results in the net effective sales price being decreased by two percent (2%) or more from the amount set forth in the First Refusal Notice. A “Qualifying Third Party Offer” means any written offer or proposal for the purchase of the Property that is delivered by Landlord to a third party or that is received by Landlord from a third party and is on terms that Landlord is willing to accept.
materially different means your new lease is different than your old lease in a way that changes how you can use the unit or what you have to pay for. “Material” changes include requiring that you pay for utilities when you didn’t before, removing access to a garage, or revoking your right to have pets or subletters. It may also include increasing your rent. However, if you are not covered by the Rent Adjustment Program, at the end of your lease term your landlord may raise your rent in your new lease as long as it meets the other requirements of a rent increase (see “Rent Increases”).
materially different means as to any major category of income a decrease of more than twenty percent (20%) that is not offset by a corresponding decrease in expenses and as to any major category of expense an increase of more than fifteen percent (15%) that is not offset by a corresponding increase in revenues. Operator shall engage in the function of Cash Flow Management that shall require Operator to maintain a rolling Cash Flow Statement that shows the expected status of the flow of cash over a 90 period. Said Cash Flow Statement shall be prepared using all historic and advance reservation data, together with known and forecast cash expenses and shall be updated on a continual basis as better information becomes available. Operator shall provide such Cash Flow Statement to Master Manager by the end of the eighth (8th) day of each Fiscal Month.