Material Limitations Clause Samples
The Material Limitations clause defines specific boundaries or restrictions on the obligations, liabilities, or performance required under an agreement. In practice, this clause may set caps on damages, exclude certain types of losses from recovery, or limit the scope of warranties provided by a party. By clearly outlining what is and is not covered, the clause helps manage expectations and allocates risk between the parties, ultimately preventing disputes over the extent of contractual responsibilities.
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Material Limitations. There shall not have been enacted, promulgated, enforced or issued by any Governmental Authority, and in effect, any Law which restrains or enjoins the consummation of the Arrangement or makes the Arrangement or other Transactions illegal.
Material Limitations. No material, including but not limited to, student, parental or school personnel complaints originating after initial employment will be placed in a Bargaining Unit Member’s personnel file unless the Bargaining Unit Member has had the opportunity to review the material. If the administration and the employee both believe the material is in error, the material will be corrected or expunged from the personnel file, whichever is appropriate, and the erroneous material will be given to the employee. Should an arbitrator determine that the grieved material is in error, then the material found to be in error will be corrected or expunged from the personnel file, whichever is appropriate, and the erroneous material will be given to the employee.
Material Limitations. No Order or Law enacted, promulgated, enforced or issued by any court or other Governmental Authority of competent jurisdiction shall be in effect which restrains or enjoins the consummation of the Arrangement or makes the Arrangement or other transactions contemplated by this Agreement illegal.