Common use of Material Term Clause in Contracts

Material Term. (1) The Parties acknowledge that the bar orders and reservations of rights contemplated in this Section 7 shall be considered a material term of the Settlement Agreement and the failure of the Court to approve the bar orders and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 5.1 of the Settlement Agreement.

Material Term. (1) The Parties acknowledge that the bar orders order and reservations of rights contemplated in this Section 7 8 shall be considered a material term of the Settlement Agreement and the failure of the any Court to approve the bar orders order and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 5.1 6.1 of the Settlement Agreement.

Material Term. (1) The For the avoidance of doubt and without limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms, the Parties acknowledge that the bar orders and reservations of rights contemplated in this Section 7 shall be considered a material term of the Settlement Agreement and the failure of the any Court to approve the bar orders and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 5.1 of the Settlement Agreement.

Material Term. ‌ (1) The For the avoidance of doubt and without in any way limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms (subject to Section 6.1(3)), the Parties acknowledge that the bar orders and reservations of rights contemplated provisions in this Section 7 SECTION 8 shall be considered a material term of the Settlement Agreement and the failure of the Court to approve the bar orders and reservations of rights contemplated herein such provisions shall give rise to a right of termination pursuant to Section 5.1 6.1 of the Settlement Agreement.

Material Term. ‌ (1) The For the avoidance of doubt and without in any way limiting the ability of the Parties acknowledge to assert that the bar orders and reservations of rights contemplated other terms in this Settlement Agreement are material terms (subject to Section 6.1(3)), the provisions in this SECTION 7 shall be considered a material term of the Settlement Agreement and the failure of the Court to approve the bar orders and reservations of rights contemplated herein such provisions shall give rise to a right of termination pursuant to Section 5.1 6.1 of the Settlement Agreement.

Material Term. (1) The For the avoidance of doubt and without limiting the ability of the Parties to assert that other terms in this Settlement Agreement are material terms, the Parties acknowledge that the bar orders orders, waivers, renunciations of solidarity and reservations of rights contemplated in this Section 7 8 shall be considered a material term of the Settlement Agreement and the failure of the any Court to approve the bar orders orders, waivers, renunciations of solidarity and reservations of rights contemplated herein shall give rise to a right of termination pursuant to Section 5.1 6.1 of the Settlement Agreement.