Material Dispute means the failure of the Category A Directors and the Category B Directors to agree with respect to any of the following items at two (2) consecutive meetings of the Board of Directors:
Material Dispute means (a) any dispute, litigation or arbitration that will or would reasonably be expected to affect the Project, and (b) the settlement, compromise or dismissal of any dispute, litigation or arbitration affecting the Project, but only if such settlement, compromise, or dismissal would reasonably be expected to (i) result in a Material Budget Overrun or (ii) involve an amount greater than $1,000,000 individually or in the aggregate at any one time.
Material Dispute means any dispute that could reasonably be expected to cause a material adverse change in the financial condition or results of operations of the Company.
Examples of Material Dispute in a sentence
During the pendency of any disputed charges that, in the aggregate, exceed Five Thousand Dollars ($5,000.00) (a “Material Dispute”), any of the Borough’s professional consultants, including, but not limited to legal counsel, may determine to stop all work and not proceed, upon written notification from the Borough to Conditional Redeveloper, until the Material Dispute is resolved to the satisfaction of the professional consultant(s) and Conditional Redeveloper.
More Definitions of Material Dispute
Material Dispute has the meaning set forth in Section 6.6(c).
Material Dispute means a dispute (i) which relates to any part of the Nordics or (ii) which a reasonable person would consider material to the studio business of the Shareholder seeking to terminate (or its Affiliates), taken as a whole or such Shareholder's (or its Affiliates') business taken as a whole;
Material Dispute means a dispute implicating an amount that is more than ten percent (10%) of STATION’s Monthly Blanket License Fee.
Material Dispute means any bona fide material dispute between the Members with respect to the Company, which dispute cannot be resolved pursuant to the terms of this Agreement or by the Members after they have both exerted their reasonable and good faith efforts to do so.
Material Dispute means any dispute between an Obligor and a third party that has impaired, or could reasonably be expected to impair, the ability of any Obligor to carry on business in the ordinary course or has caused, or could reasonably be expected to cause a Material Adverse Effect.
Material Dispute means any dispute where the amount in dispute is or was at least half of the Net Worth of any member(s) of the Applicant.
Material Dispute shall be as defined in Section 2.01(a)(iii).