Material Detriment definition

Material Detriment means variations to your Agreement which are likely to be of significant detriment to you, such as an increase in our call Charges for the Services by an amount which is more than the percentage increase in the retail prices index figure (or any future equivalent) in any twelve month period;
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Material Detriment has the meaning set forth in Section 5.3(d).
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Material Detriment means an increase to Charges of more than the RPI Percentage announced in the month preceding the increase.
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Examples of Material Detriment in a sentence

  • Material Detriment – The following shall not be a material detriment to Customer: (a) an increase in monthly Charges of less than 10% in a 12 month period; or (b) a change, withdrawal or increase which relates to a Third Party Service which Customer may stop using or cancel without ending this Agreement.

  • In the event that we make changes to this Agreement that are likely to cause a Material Detriment to you, you will be entitled to terminate this Agreement within 30 days of Rainbow notifying you of such changes.

  • In the event that we make changes to this Agreement that are likely to cause a Material Detriment to you, you will be entitled to terminate this Agreement within 30 days of Simply Techspace Ltd notifying you of such changes.

  • In the event that we make changes to this Agreement that are likely to cause a Material Detriment to you, you will be entitled to terminate this Agreement within 30 days of Comms Group notifying you of such changes.

  • By signing up to Ashford Fibre Services, you agree to the above Terms and Conditions on mid-contract price modifications, and you agree that 10% monthly is not of Material Detriment to yourself.

  • For purposes of determining whether a Material Detriment would occur, (x) the actions, restrictions or conditions described in clauses (i) and (ii) of this Section 5.3(d) and (y) any proceeds, rights or other benefits obtained by the Companies or Buyer or any of its subsidiaries as a result of any such actions, restrictions or conditions shall be taken into account.


More Definitions of Material Detriment

Material Detriment. ’ means any terms, conditions or regulatory commitments, whether by recognition order, undertaking, consent agreement or otherwise, that would individually or in the aggregate be reasonably expected to: (a) have a material adverse effect on the businesses, results of operations, or financial condition of TMX Group, Alpha Group and CDS (taken as a whole), taking into account Maple’s currently contemplated plans for such businesses as described by Maple in the June 13 Maple Offer and Circular, as previously amended, and in the Securities Applications and any value which is reasonably expected to be realized in connection with the Maple Acquisition, the Contemplated Transactions and the other transactions contemplated by the Support Agreement based on such described plans; (b) materially impair the value of the investment of any of the Investors or their affiliates in either Alpha Group or CDS; or (c) materially impair the governance or other legal rights of any of the Investors in respect of its investment in Maple, as provided for in the Acquisition Governance Agreement in effect on October 30, 2011, and for greater certainty and without limitation, the following events are deemed to constitute or result in a Material Detriment under the Support Agreement: (i) any commitment required by any Governmental Entity that would reduce the synergies reasonably expected to be realized from the Maple Acquisition and the Contemplated Transactions by more than 50% of the synergies estimated by Maple; (ii) a requirement that any of the Investors or their affiliates commit any material trading volume to any trading venue or venues or otherwise alter its trading activities, practices or business in any material adverse way (except as contemplated in clause (iii) of the definition of Contemplated Transactions in the Support Agreement); (iii) a material restriction on the authority or ability of Maple or any of its Subsidiaries after the completion of the Maple Acquisition, the Contemplated Transactions and the other transactions contemplated by the Support Agreement, taken as a whole, to operate consistently with past practice or with Maple’s currently contemplated plans for TMX Group, Alpha Group and CDS as described by Maple in the June 13 Maple Offer and Circular, as previously amended, and in the Securities Applications; (iv) a prohibition on Maple acquiring any of TMX Group, Alpha Group or CDS; (v) the imposition by any Governmental Entity of any limitations on the pe...
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Material Detriment means it puts someone at a serious disadvantage.
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Related to Material Detriment

  • Material Deviation refers to any contents or characteristics of the proposal that is significantly different from an essential aspect or requirement of the RFP, and : (i) substantially alters the scope and quality of the requirements; (ii) limits the rights of UNDP and/or the obligations of the offeror; and (iii) adversely impacts the fairness and principles of the procurement process, such as those that compromise the competitive position of other offerors.

  • Material Loss means an uninsured:

  • material hoist means a hoist used to lower or raise material and equipment, excluding passengers; "medical certificate of fitness" means a certificate contemplated in regulation 7(8);

  • Material Environmental Liabilities means Environmental Liabilities exceeding $500,000 in the aggregate.

  • Material means material in relation to the business, operations, affairs, financial condition, assets or properties of the Company and its Subsidiaries taken as a whole.