Material Impact definition
Examples of Material Impact in a sentence
Each of the Material Contracts shall be in full force and effect and shall not have been amended, waived (in whole or in part), supplemented or otherwise modified in any manner that has a Material Impact without the prior written approval of Purchaser (which approval shall not be unreasonably withheld or delayed).
For purposes of Sections 6.2, 6.3 and Exhibit 2.1, a "Material Impact" shall be any matter or matters having an adverse impact or economic consequence that exceeds Three Hundred Sixty Thousand Dollars ($360,000).
Flextronics shall, within two (2) Business Days of receipt of the ECO, respond to the ECO on an ECO Material Impact Form, in the form as set out in the applicable VSHA and which will identify the new Product Price (including any impact to the Material Cost), if applicable, and any associated Unique Equipment.
Flextronics shall pay all its administration and engineering charges associated with its assessment, response to and implementation of the ECO, other than the costs identified on the ECO Material Impact Form.
Notwithstanding the foregoing, if Clearwire rejects the proposed Change and such rejection has an Adverse Material Impact on BCE Nexxia, BCE Nexxia shall have the right, acting reasonably, to terminate this Agreement as provided under Section 4.1 hereof.