Common use of Material Change Defined Clause in Contracts

Material Change Defined. A Material Change shall include any change in or to the Facility, not covered by Schedule D, whether structural, operational or otherwise in nature which reasonably could be expected, in the judgment of the University is expected to increase or decrease annual costs of energy consumption by at least 1%, in the aggregate, after adjustments for weather variations. Actions by the University which may result in a Material Change which is subject to this Section 9.3, include, but are not limited to the following:

Appears in 3 contracts

Samples: Energy Services Agreement, Energy Services Agreement, Energy Services Agreement

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Material Change Defined. A Material Change shall include any change in or to the FacilityPremises, not covered by Schedule DB, whether structural, operational or otherwise in nature which reasonably could be expected, in the judgment of the University is expected INSTITUTION to increase or decrease annual costs of energy consumption usage by at least 1%$ .00, in the aggregate, after adjustments for weather variations. climatic variations Actions by the University INSTITUTION which may result in a Material Change which is subject to this Section paragraph 9.3, include, but are not limited to the following:

Appears in 1 contract

Samples: Energy Services Agreement

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Material Change Defined. A Material Change shall include any change in or to the FacilityPremises, not covered by Schedule DB, whether structural, operational or otherwise in nature which reasonably could be expected, in the judgment of the University is expected ISSUERCUSTOMER to increase or decrease annual costs of energy consumption usage. by at least 1%$ .00, in the aggregate, after adjustments for weather variations. climatic variations Actions by the University ISSUER CUSTOMER which may result in a Material Change which is subject to this Section paragraph 9.3, include, but are not limited to the following:

Appears in 1 contract

Samples: Energy Services Agreement

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