Common use of Material Term Clause in Contracts

Material Term. (1) Without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms, the releases and reservation of rights contemplated in this section shall be considered a material term of this Settlement Agreement and the failure of the Courts to approve the releases and/or reservation of rights contemplated herein shall give rise to a right of termination pursuant to s. 11 of this Settlement Agreement.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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Material Term. (1) Without in any way For the avoidance of doubt and without limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material termsterms (subject to Section 9.1(4)), the releases and reservation reservations of rights contemplated in this section Section 8 shall be considered a material term of this the Settlement Agreement and the failure of the Courts Court to approve the releases and/or reservation of rights contemplated herein shall give rise to a right of termination to terminate pursuant to s. 11 Section 9.1 of this Settlement Agreement.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

Material Term. (1) Without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms, the releases and reservation of rights contemplated in this section shall be considered a material term of this Settlement Agreement and the failure of the Courts Court to approve the releases and/or reservation of rights contemplated herein shall give rise to a right of termination pursuant to s. 11 of this Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement

Material Term. (1) Without in any way For the avoidance of doubt and without limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material termsterms (subject to Section 9.1(4)), the releases and reservation reservations of rights contemplated in this section SECTION 8 shall be considered a material term of this the Settlement Agreement and the failure of the Courts Court to approve the releases and/or reservation of rights contemplated herein shall give rise to a right of termination to terminate pursuant to s. 11 Section 9.1 of this Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement

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Material Term. (1) Without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms, the releases and reservation of rights contemplated in this section shall be considered a material term of this the Settlement Agreement and the failure of the Courts to approve the releases and/or reservation of rights contemplated herein shall give rise to a right of termination pursuant to s. 11 of this the Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement

Material Term. (1) Without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms, the releases and reservation of rights contemplated in this section shall be considered a material term of this the Settlement Agreement Agreement, and the failure of the Courts Court to approve the releases and/or reservation of rights contemplated herein shall give rise to a right of termination pursuant to s. 11 of this the Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement

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