Material Variance definition

Material Variance shall have the meaning specified in Section 3.5 of this Agreement.

Material Variance means a difference of 10% or more in the adjusted EBITDA of the Group as set out in the Reconciliation Statement;

Material Variance is defined in Section 7.1 of the Company LLC Agreement.

Examples of Material Variance in a sentence

• Material Variance Financial ImplicationsThe Financial Activity Statements reflect the financial situation of the Shire as at year to date.

• Material Variance FINANCIAL IMPLICATIONSThe Financial Activity Statements reflect the financial situation of the Shire as at year to date.

• Material Variance Threshold For the purpose of identifying material variances in Statements of Financial Activity, Financial Management Regulation 34(5) requires Council to adopt each financial year, a percentage or value calculated in accordance with Australian Accounting Standard AAS5 - Materiality.

• Policy Implications2.1 Capitalisation of Assets2.4 Material Variance Financial ImplicationsPayments from Council’s Municipal Account as disclosed in the budget or subsequently approved.

• They process cereals, nuts, roots, tubers, fruits and vegetables, and handle poultry, small livestock, rabbit, and fish.

More Definitions of Material Variance

Material Variance means a determination by PMI that the risk factors identified in the actual Loan file for a specific Loan and the layering of these risk factors are materially different than the risk factors for that Loan identified in the Set-up file such that had the actual risk factors been identified in the Set-up File, the Loan would not have been an Eligible Loan, or the premium rate would have been more than 5% higher than the premium rate assigned to the Loan in the Certificate Schedule.

Material Variance shall have the meaning assigned thereto in Section 7.1(b). “New Contracts” shall have the meaning assigned thereto in Section 3.3(b). “New Lease” shall have the meaning assigned thereto in Section 11.6.

Material Variance means a variance exceeding ±10% in total income, total operating expenses, total net profit, capital expenditure, total assets, borrowings and other liabilities;

Material Variance means a variation of more than five percent (5%), calculated on a monthly basis, with respect to the financial forecasts set forth on Exhibit F.

Material Variance means a variance in excess of $40,000 with respect to the amount that the Reviewed Balance Sheet varies from the Adjusted Proforma Balance Sheet. Any variance included in the Post Closing Adjustment or in the calculation of a Material Variance must be the result of a quantifiable difference that arises not primarily as a result of differences in accounting methodologies: Seller's normal and customary practices versus Buyer's GAAP based accounting analysis. If there is a Material Variance, then Buyer shall be compensated by the Seller for the negative difference that is in excess of the Material Variance and Seller shall be compensated by Buyer for the positive difference that is in excess of the Material Variance. This difference that is in excess of the Material Variance that shall be set forth on the Adjustment Certificate together with all information necessary to support this determination.

Material Variance shall have the meaning set forth in Section 8.01(b)(3)(C)(ii) of this Agreement. Credit Agreement

Material Variance has the meaning ascribed to such term in Section 4.03 of this Agreement.