Material Feature definition

Material Feature means any feature of a Plan that could reasonably be expected to be of material importance to the sponsoring employer or the participants and beneficiaries of the Plan, which could include, depending on the type and purpose of the particular Plan, the class or classes of employees eligible to participate in such Plan, the nature, type, form, source, and level of benefits provided by the employer under such Plan and the amount or level of contributions, if any, required to be made by participants (or their dependents or beneficiaries) to or under such Plan.
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Material Feature means any feature of a Plan that could reasonably be expected to be of material importance, in the aggregate, to the sponsoring employer or the participants (or their dependents or beneficiaries) of that Plan, which could include, depending on the type and purpose of the particular Plan, the class or classes of employees eligible to participate in such Plan, the nature, type, form, source, and level of benefits provided under such Plan, the amount or level of contributions, if any, required to be made by participants (or their dependents or beneficiaries) to such Plan, and the costs and expenses incurred by the sponsoring employer for implementing and/or maintaining such Plan.
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Material Feature means any feature of a Plan that is a benefit, right or feature within the meaning of Code section 411(d)(6).
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Examples of Material Feature in a sentence

  • Notwithstanding the foregoing, neither Party shall, without first consulting with the other Party, amend any Material Feature of a Plan in which the other Party is a Participating Company, except to the extent such amendment would not affect any benefits of the other Party’s employees under such Plan or as may be necessary or appropriate to comply with applicable law or a Labor Agreement.

  • Millipore shall not amend any Material Feature of any Millipore Plan in which Mykrolis is a Participating Company, except to the extent: (i) such amendment would not materially affect any coverage or benefits solely with respect to Mykrolis Employees under such Plan; or (ii) such amendment is necessary or appropriate to comply with applicable law.

  • Xxxx Xxxxxxx shall not, without first providing at least thirty (30) calendar days’ written notice to BMS, amend any Material Feature of any Xxxx Xxxxxxx Plan in which BMS is a Participating Company, except to the extent such amendment would not affect any benefits of BMS Employees under such Plan or as may be necessary or appropriate to comply with applicable law.

  • BMS shall not, without first providing at least thirty (30) calendar days’ written notice to Xxxx Xxxxxxx, amend any Material Feature of any BMS Plan in which Xxxx Xxxxxxx is a Participating Company, except to the extent such amendment would not affect any benefits of Xxxx Xxxxxxx Transferred Employees under such Plan or as may be necessary or appropriate to comply with applicable law.

  • Nothing in this Subsection 2.4(b) shall prevent Xxxx Xxxxxxx from amending any Material Feature of any Xxxx Xxxxxxx Plan in which BMS is a Participating Company, provided that the notice required under this Subsection 2.4(b) is timely given.

  • Nothing in this Subsection 2.3(b) shall prevent BMS from amending any Material Feature of any BMS Plan in which Xxxx Xxxxxxx is a Participating Company, provided that the notice required under this Subsection 2.3(b) is timely given.

  • KOMAG shall not, without first consulting with Chahaya, amend any Material Feature of any KOMAG Plan in which Chahaya is a Participating Company, except to the extent such amendment would not affect any benefits of Chahaya Employees under such Plan or as may be necessary or appropriate to comply with applicable law.

  • If the claim is payablewithout SPOC review the contractor shall allow the billed amount and reimburse the ADSM for charges on the claim.

  • The microstructures of different zones were observed using the DP 25 optical microscope.

  • Millipore shall not amend any Material Feature of any Millipore Plan in which MMI is a Participating Company, except to the extent: (i) such amendment would not materially affect any coverage or benefits solely with respect to MMI Employees under such Plan; or (ii) such amendment is necessary or appropriate to comply with applicable law.


More Definitions of Material Feature

Material Feature means any feature of a Plan that could reasonably be expected to be of material importance to the sponsoring employer or the participants and beneficiaries of the Plan, which could include, without limitation, depending on the type and purpose of the particular Plan, the class or classes of employees eligible to participate in such Plan, the nature, type, form, source, and level of benefits provided by the employer under such Plan and the amount or level of contributions, if any, required to be made by participants (or their dependents or beneficiaries) to such Plan or that is a benefit, right or feature within the meaning of Code section 411(d)(6). NON-EMPLOYER STOCK FUND is defined in Section 3.3(d)(ii) of this Agreement.
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Material Feature means any feature of a Plan that could reasonably be expected to be of material importance to the sponsoring employer or the participants and beneficiaries of the Plan, which could include, without limitation, depending on the type and purpose of the particular Plan, the class or classes of employees eligible to participate in such Plan, the nature, type, form, source, and level of benefits provided by the employer under such Plan and the amount or level of contributions, if any, required to be made by participants (or their dependents or beneficiaries) to such Plan or that is a benefit, right or feature within the meaning of Code section 411(d)(6). “NON-EMPLOYER STOCK FUND” is defined in Section 3.3(c)(ii) of this Agreement. “PARTICIPATING COMPANY” means any Person (other than an individual) that is participating in a Plan sponsored by a member of the Crown Group or a member of the Constar Group, as the context requires. “PENSION PLANS” means the Retirement Plans designated as such in Part 1 or Part 2 of Appendix B, as applicable. “PERSON” means an individual, a general or limited partnership, a corporation, a trust, a joint venture, an unincorporated organization, a limited liability entity or any other entity. “PLAN” means any plan, policy, program, payroll practice or other arrangement, whether written or unwritten, providing benefits to Employees or former Employees of the Crown Group or the Constar Group.
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Material Feature means any feature of a Plan that could reasonably be expected to be of material importance, in the aggregate, to the sponsoring
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Material Feature means any feature of a Plan that could reasonably be expected to be of material importance to the sponsoring employer or the
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Related to Material Feature

  • Commercial Features means those features that are identified as such in the Licensing Information User Manual – Oracle Java SE and Oracle Java Embedded Products Document, accessible at xxxx://xxx.xxxxxx.xxx/technetwork/java/javase/documentation/index.html, under the “Description of Product Editions and Permitted Features” section.

  • 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);

  • Software Error means a reproducible defect or combination thereof in the Software that results in a failure of the Software when used in accordance with the Documentation. Software Errors do not include those errors caused by (a) Licensee’s negligence, (b) any unauthorized modification or alteration Licensee makes to the Software, (c) data that does not conform to Licensor’s specified data format, (d) operator error, or (e) use not conforming to the Licensor’s supported technical environment specified in the Documentation.

  • Licensed Material means the artistic or literary work, database, or other material to which the Licensor applied this Public License.

  • Material IP means any Intellectual Property that is material to the conduct of the business of the Borrower and its Restricted Subsidiaries, taken as a whole.

  • Material safety data sheet or "MSDS" means the chemical, physical, technical, and safety information document supplied by the manufacturer of the coating, solvent, or other chemical product, usually through the distribution network or retailers.

  • Material Document Defect As defined in Section 2.03(a) of this Agreement.

  • Water feature means a design element where open water performs an aesthetic or recreational function. Water features include ponds, lakes, waterfalls, fountains, artificial streams, spas, and swimming pools (where water is artificially supplied). The surface area of water features is included in the high water use hydrozone of the landscape area. Constructed wetlands used for on-site wastewater treatment, habitat protection, or storm water best management practices that are not irrigated and used solely for water treatment or storm water retention are not water features and, therefore, are not subject to the water budget calculation.

  • Adapted Material means material subject to Copyright and Similar Rights that is derived from or based upon the Licensed Material and in which the Licensed Material is translated, altered, arranged, transformed, or otherwise modified in a manner requiring permission under the Copyright and Similar Rights held by the Licensor. For purposes of this Public License, where the Licensed Material is a musical work, performance, or sound recording, Adapted Material is always produced where the Licensed Material is synched in timed relation with a moving image.

  • Third Party Hardware means the third party hardware, if any, identified in the Investment Summary.

  • Asbestos-containing material or “ACM” means asbestos or any material containing more than one percent (1%) asbestos as determined using methods specified in 40 CFR 763, Subpart E, Appendix E, Section I, Polarized Light Microscopy* including Category I and Category II ACM and all friable material.

  • Supplier Software means software which is proprietary to the Supplier or its Affiliates which is used or supplied by the Supplier in the provision of the Services; Supplier Staff means all persons employed or engaged by the Supplier together with the Supplier's servants, agents, suppliers, consultants and Sub-Contractors (and all persons employed by any Sub-Contractor together with the Sub-Contractor’s servants, consultants, agents, suppliers and Sub-Contractors) used in the performance of its obligations under this Contract; Time and Materials means the pricing mechanism for the Services as may be agreed by the Parties and set out at paragraph Error: Reference source not found in the SOW; TUPE means the Transfer of Undertakings (Protection of Employment) Regulations 2006 (SI 2006/246) as amended or replaced or any other regulations or UK legislation implementing the Acquired Rights Directive; Velocity means the Metric which measures the total number of Story Points for Stories that have been accepted in a Sprint, indicating the rate of progress towards Acceptance of all Stories from the Product Backlog;

  • propagating material has the meaning given to it in the PBR Act, namely in relation to a Plant of a particular Plant Variety, means any part or product from which, whether alone or in combination with other parts or products of that Plant, another Plant with the same essential characteristics can be produced.

  • Input Material means all documents, information, representations, statements and materials provided by Customer or a third party on behalf of Customer, relating to the Services, including computer programs, data, logos, reports and specifications and inventories.

  • Material Intellectual Property means any intellectual property owned by any Loan Party that is, in the good faith determination of the Borrower, material to the operation of the business of the Borrower and its Restricted Subsidiaries, taken as a whole.

  • Material Facts shall have the meaning set forth in Section 2.3.6(a).

  • Material Damage and “materially damaged” means, with respect to the Facility, damage (x) which, in Buyer’s reasonable estimation, exceeds $150,000 to repair, or (y) which, in Buyer’s reasonable estimation, will take longer than ninety (90) days to repair or restore.

  • Accelerator-produced material means any material made radioactive by a particle accelerator.

  • Produced Material means records, software and other material, whether complete or not, that, as a result of this Agreement, are produced or provided by the Contractor or a Subcontractor and includes the Incorporated Material;

  • pseudonymisation means the processing of personal data in such a manner that the personal data can no longer be attributed to a specific data subject without the use of additional information, provided that such additional information is kept separately and is subject to technical and organisational measures to ensure that the personal data are not attributed to an identified or identifiable natural person;

  • Material Loss means an uninsured:

  • Third Party Software means software which is proprietary to any third party (other than an Affiliate of the Contractor) which is or will be used by the Contractor for the purposes of providing the Services.

  • Material Information means any information (Material Fact or Material Change) relating to the business and affairs of the Company that results in or would reasonably be expected to result in a significant change in the market price or value of any of the Company’s securities;

  • Artwork has the meaning set forth in Section 1.6(a).

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