Material Development definition

Material Development means a development that would have a material adverse effect upon the business, assets, financial condition or results of operations of the Company. In this context, a Material Development is not generally known to the public and is information that a reasonable investor would consider important in making a decision to purchase or sell Common Stock. In addition, the Company shall not exercise the Put Option during any period when (i) the Company’s shares of Common Stock are not listed on any U.S. national securities market or exchange, (ii) a stop order or suspension of trading shall have been imposed by the Securities and Exchange Commission (the “SEC”) or any other governmental body with respect to public trading in the Common Stock, (iii) a bankruptcy proceeding has been commenced against the Company and not dismissed within 90 days thereof or (iv) an Event of Termination (as defined in the Collaboration Agreement) caused by Icagen pursuant to Section 11.2(a) or 11.2(b) of the Collaboration Agreement has occurred and remains unremedied following notice by Pfizer to Icagen, prior to the applicable Put Exercise Date, of the existence of such Event of Termination.

Material Development means a development which could reasonably be expected to affect the Company, the Gulf Assets or the California Assets, of which Seller becomes aware; provided, however, Seller shall not be obligated to inform Purchaser (i) of any significant developments which are known within or affect the oil and gas industry generally, or (ii) if to do so could reasonably be expected to result in the violation by Seller of any federal or state law or confidentiality commitment to which Seller became a party prior to the date of this Agreement.

Material Development means any (A) opposition or other challenge by any other Person to the ownership or validity of any Licensed Mark or any registration or application for registration thereof; (B) notice relating to the abandonment or cancellation of any registration for the Licensed Mark; (C) notice or response relating to an Office Action involving the Licensed Mark; (D) notice that any application for a Licensed Mark has become registered; or (E) request for extension of time to file Statement of Use.

Examples of Material Development in a sentence

• Upon the effectiveness of this Agreement, the situation of Pledged Equity is set out below: Domestic Company’s Name: Dalian Tofa New Material Development Co., Ltd.

• Instructional Activities; Preparation Activities; Campus and Student Supervision; Parent Conferences and Meetings; Staff, Departmental, and Team/Grade Level Meetings; Tutorial and Guidance Assistance to students; Professional Growth and In- Service Meetings; Student Diagnostic and Assessment Activities; School and Student Record Maintenance; Curriculum Development; Instructional Material Development; Co-Curricular Activities; and WASC.

• This strategic planning document identifies implementation tasks to be performed in support of established agency security training goals.▪ Awareness and Training Material Development (Section 4): This step focuses on available training sources, scope, content, and development of training material, including solicitation of contractor assistance if needed.▪ Program Implementation (Section 5): This step addresses effective communication and roll out of the awareness and training program.

• The IOSCO Principles for Ongoing Disclosure and Material Development Reporting by Listed Entities set forth common principles of ongoing disclosure and material development reporting for listed companies.

• The Company shall, as promptly as practicable, give the Holders written notice of any such Material Development Election.

• On February 1, 2013, the Company entered into a Master Cooperative Research and Development Agreement (CRADA) with the US Army Medical Material Agency (USAMMA) and the US Army Medical Material Development Activity (USAMMDA) pursuant to which USAMMA and USAMMDA on behalf of the US Government agrees to cooperate with the Company in research and development of PoNSTM assisted physical therapy for the treatment of soldiers with balance and gait disorder.

• If the Holders have been required to refrain from disposing of their Registrable Securities as a result of a Material Development Election, the Company shall, as promptly as practicable following the determination that the Holders may recommence such sales, notify such Holders in writing of such determination (but in any event no later than the end of such 45-day period).

• Material Development in Human Resources / Industrial Relations Industrial relations continued to be satisfactory.

• In the circumstances where there is a Pending Material Development with respect to the Company, a confidential memo will be sent to all Restricted Persons, as well as to other Employees if it is determined appropriate, informing them of the Blackout Period with respect to such Pending Material Development at which time they shall cease Trading until further notice.

• This alternative will only be available during a Blackout Period if the written notice of the Blackout Period so states.A Blackout Period will generally be imposed by the CEO by notice in writing:• as a result of a Pending Material Development, once negotiations on a proposed transaction have progressed to a point where it reasonably could be expected that the market price of the Company’s securities would materially change if the status of the negotiations or transaction were publicly disclosed.

More Definitions of Material Development

Material Development means a significant occurrence affecting the business and includes but is not limited to commencement of or taking steps to further or discontinuation of litigation or any other legal or arbitration proceedings involving AkzoNobel or the ANPG business, discussions or agreements affecting the conduct of the Metlac business, significant loss or gain of market share and changes in key staff;

Material Development mean (i) the termination of the Contract, (ii) expropriation of the Contract by the Government, or (iii) the outbreak of hostilities or war in the Republic of Guinea.