Examples of Material Obligation in a sentence
Non-fulfilment of a Material Obligation and Cross-Default A Party's non-fulfilment of any material obligation under any Transpor- tation Agreement shall normally constitute a serious breach of all Trans- portation Agreements.
A reply by a requisitioner to a Material Obligation Validation Request advising the supplier to either: (1) hold a material obligation until supplied, or (2) cancel all or a portion of a material obligation.
Each of the following is an event of default (“Event of Default”) hereunder: 3.2.1 Breach of Material Obligation.
Notwithstanding the provision in Section11.1, in the event of a negligent breach of a Material Obligation evidenced by Customer, the amount of Bosch’s liability for all damaging events occurring in the same contract year is limited to 100% of the fees incurred under the Account of the Customer in the year of the damaging event, however, at least Euro 50,000 per contract year.
Law on Military, Labour and Material Obligation, No. 88/2009, enacted 2009.