Examples of Materiality Threshold in a sentence
The Mediator’s determination of whether or not the Requests for Exclusion satisfy the Materiality Threshold such that Barclays may terminate the Settlement Agreement shall be binding on the Settling Parties.
If the Settling Parties are unable to reach agreement regarding appropriate relief, then Barclays may present the issue of whether the total Requests for Exclusion meet the Materiality Threshold to the Mediator.
If Gross Operating Revenue or Net Operating Income as set forth in Manager's Unaudited Annual Report are found to be understated or overstated by more than 3%, then Manager must immediately pay to Corporation the cost of such audit (not to exceed the Materiality Threshold) as well as correct the misstatements as shown by such audit.
Corporation acknowledges that Manager is not a tax advisor and is not acting as such in connection with any involvement in the review of tax bills or written recommendations made pursuant to this Section 2.12.2. Manager shall handle any tax disputes involving the Hotel and shall periodically report to Corporation as to the status of any such tax disputes involving amounts in excess of the Materiality Threshold.
If any of Seller's Warranties are untrue, inaccurate or incorrect but would not in the aggregate exceed the Materiality Threshold, Buyer shall be deemed to waive such misrepresentation or breach of warranty, and Buyer shall be required to consummate the Transaction without any reduction of or credit against the Purchase Price.