Common use of Materially Adverse Change Clause in Contracts

Materially Adverse Change. If VENDOR revises a Service Publication and the revision has a materially adverse impact on Customer, and VENDOR does not effect revisions that remedy such materially adverse impact within 30 days after notice from Customer, then Customer may, as Customer’s sole remedy, elect to terminate the affected Service Components on 30 days’ notice to VENDOR, given not later than 90 days after Customer first learns of the revision to the Service Publication. “Materially adverse impacts” do not include changes to non-stabilized pricing, changes required by governmental authority, or assessment of or changes to additional charges such as surcharges or taxes.

Appears in 3 contracts

Samples: Number, www.austintexas.gov, publishingext.dir.texas.gov

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Materially Adverse Change. If VENDOR Vendor revises a Service Publication and the revision has a materially adverse impact on Customer, and VENDOR Vendor does not effect revisions that remedy such materially adverse impact within 30 days after notice from Customer, then Customer may, as Customer’s sole remedy, elect to terminate the affected Service Components on 30 days’ notice to VENDORVendor, given not later than 90 days after Customer first learns of the revision to the Service Publication. “Materially adverse impacts” do not include changes to non-stabilized pricing, changes required by governmental authority, or assessment of or changes to additional charges such as surcharges or taxes.

Appears in 2 contracts

Samples: publishingext.dir.texas.gov, pubext.dir.texas.gov

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Materially Adverse Change. If VENDOR Vendor revises a Service Publication and the revision has a materially adverse impact on Customer, and VENDOR Vendor does not effect affect revisions that remedy such materially adverse impact within 30 days after notice from Customer, then Customer may, as Customer’s sole remedy, elect to terminate the affected Service Components on 30 days’ notice to VENDORVendor, given not later than 90 days after Customer first learns of the revision to the Service Publication. “Materially adverse impacts” do not include changes to non-stabilized pricing, changes required by governmental authority, or assessment of or changes to additional charges such as surcharges or taxes.

Appears in 1 contract

Samples: publishingext.dir.texas.gov

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