Material Breach definition

Material Breach means a breach by either Party of any of its obligations under this Agreement which has or is likely to have a Material Adverse Effect on the Project and which such Party shall have failed to cure.
Material Breach. As defined in Section 2.03(a) of this Agreement.
Material Breach has the meaning set forth in Section 2.3(a).

Examples of Material Breach in a sentence

  • The non-breaching party shall send a Notice of Failure to Cure Material Breach upon its decision to carry out any of these actions.

  • A Material Breach, as defined pursuant to the terms of this Contract or otherwise, in addition to any other remedy available at law or otherwise, shall serve as a basis upon which JPA may elect to immediately suspend payments hereunder, or terminate this Contract, or both, without notice.

  • These actions are effective upon issuance of the Notice of Failure to Cure Material Breach, unless the Recipient appeals a Notice of Failure to Cure Material Breach, in which case the effective date falls on the issuance of a final decision on the appeal.

  • In the event of a material breach, the party identifying the breach shall provide a Notice of Material Breach to the breaching party within fifteen (15) calendar days upon discovery of breach.

  • A Notification of Failure to Cure Material Breach may be appealed to CDFA.


More Definitions of Material Breach

Material Breach means a breach (including an anticipatory breach) that is serious in the widest sense of having a serious effect on the benefit which the terminating party would otherwise derive from:
Material Breach means the (i) material breach by the Corporation of a material obligation under this Agreement or (ii) the rejection of this Agreement by operation of law in a case commenced in bankruptcy or otherwise.
Material Breach. With respect to any Mortgage Loan, any Breach that materially and adversely affects the value of such Mortgage Loan or the interests of the Certificateholders in the affected Mortgage Loan.
Material Breach means any of the following:
Material Breach means a material breach of this Call-Off Contract;
Material Breach means any material breach by the Training Provider of its obligations under this Contract, which is deemed to include the Training Provider failing to:
Material Breach means: a breach by the Supplier referred to by this definition in any of the following Clauses: Clause 4 and FW-21 (Warranties and Representations), FW-15 (Conflicts of Interest and Ethical Walls), Clause 24 (Disruption), Clause 7 (Supplier Staff), Clause 19 (IPR), FW-42 (Data Protection and Disclosure), Clause 21 (Confidentiality), FW-25 (Publicity, Branding Media and Official Enquiries), FW-46 (Official Secrets Acts), FW-40 (Prevention of Bribery and Corruption), FW-45 (Safeguarding against Fraud) and FW-15 (Conflicts of Interest and Ethical Walls) and Clause 40.7 (Employment, Tax and National Insurance Liabilities). any breach of this Contract which is set out in this Contract as being a material breach; any breach of this Contract which is set out as a material breach of this Contract in the framework Agreement; any material breach of this Contract under the Law; and/or a breach which prevents the Customer from discharging a statutory duty. Maximum Price has the meaning given to it at paragraph 46.1.2 of the SOW; Mediator has the meaning given to it at Clause 36.1.8; Methodology means the description of the manner in which the Services are to be provided by the Supplier as set out in Methodology;