Materially Reduced definition

Materially Reduced means where there is a reduction of available vehicular lane capacity on the Principal Traffic Connection of 50% or more. MC Margin means 15%, or as otherwise agreed by the parties, acting reasonably. Minimum Refinancing Requirements means that:
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Materially Reduced has the meaning set forth in Section 5.9(c).
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Materially Reduced means that the sales attributed to such customer have decreased in the twelve (12) months ended December 31, 2000 compared to the twelve (12) months ended December 31, 1999 by more than 20%.
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Examples of Materially Reduced in a sentence

  • Excludes working capital IncreasedLiquidity >$750m at YE21 Materially Reduced Leverage ~2.5x at YE21 Raised Hedge Floors/Ceilings Ave.

  • In addition, none of the customers listed on Schedule 5.15 has Materially Reduced (as defined below) its business with Seller.

  • Breaches of the Code and the standards expressed in it could result in disciplinary action, including dismissal for serious offences.

  • Provide a copy of your training/TA log as an attachment to this report as well as documented changes that have been made to the service provider/subrecipient training plan, including ARIES training.

  • Today, fewer than 2,500 historic places can claim this national distinction.

  • The Manager may terminate this Contract in whole if the Manager determines that statutory changes enacted by the Indiana General Assembly have materially altered the Parties’ bargain or Significantly and Materially Reduced the Scope of the Manager's authority under this Contract, as set forth in this Contract or in Attachment A.

  • The Burdened Property's owner may relocate the easement area, in which event it shall relocate all permitted roads, railroad tracks, pipes, wires, other conduits and related poles and equipment, at its cost, provided the Benefited Property's owner's use thereof is not Materially Reduced.

  • The Burdened Property's owner may, at its cost, use and improve the easement area and grant rights therein to others; provided, that the Benefited Property's easement and right of -------- way is not materially interfered with and the use thereof is not materially more costly ("Materially Reduced").

  • For purposes of this Section 3.11, "Materially Reduced" shall mean that the sales attributed to such customer have decreased in the twelve (12) months ended December 31, 2000 compared to the twelve (12) months ended December 31, 1999 by more than 20%.

  • Councillor Toth reported that MP Patrick Weiler will be speaking at the Sechelt and District Chamber of Commerce meeting on February 3rd.


More Definitions of Materially Reduced

Materially Reduced has the meaning set forth in Section 5.9(c). "MCB" means monochlorobenzene. "Monthly Requisite Number of Railcars" means the amount, rounded up to the nearest whole number of Railcars, equal to (i) the Initial Railcar Number divided by (ii) the number of months (rounded to the nearest whole number of months) contained in the period from the Closing Date until June 30, 1998. "1997 Accrued Vacation Liability" has the meaning set forth in Section 9.2. "No Further Action Letter" means a letter or other formal written communication from the LDEQ and/or other Governmental Entity having jurisdiction (a) indicating that no further Remedial Action is necessary regarding the Known Contaminant in the Known Contaminated Area or (b) otherwise stating in equivalent language that the LDEQ or such Governmental Entity will require no further Remedial Action with respect to such Known Contaminant in such Known Contaminated Area (including approval by the LDEQ and/or such other Governmental Entity of a plan or report submitted by Seller to LDEQ or such Governmental Entity recommending no further action with respect to such Known Contaminant in such Known Contaminated Area). It is understood and agreed that if the only qualification set forth in such letter or other formal written communication is a statement to the effect that the determination is made "at this time" (or such equivalent language), the parties shall consider such a letter or other formal written communication to be a "No Further Action Letter" with respect to the applicable Known Contaminant within the applicable Known Contaminated Area. "Non-Assumed Liabilities" has the meaning set forth in Section 2.4(b).
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Related to Materially Reduced

  • Materially Impair means any amendment to the terms of the Award that materially adversely affects the Participant’s rights under the Award. A Participant’s rights under an Award will not be deemed to have been Materially Impaired by any such amendment if the Board, in its sole discretion, determines that the amendment, taken as a whole, does not materially impair the Participant’s rights. For example, the following types of amendments to the terms of an Award do not Materially Impair the Participant’s rights under the Award: (i) imposition of reasonable restrictions on the minimum number of shares subject to an Option that may be exercised, (ii) to maintain the qualified status of the Award as an Incentive Stock Option under Section 422 of the Code; (iii) to change the terms of an Incentive Stock Option in a manner that disqualifies, impairs or otherwise affects the qualified status of the Award as an Incentive Stock Option under Section 422 of the Code; (iv) to clarify the manner of exemption from, or to bring the Award into compliance with or qualify it for an exemption from, Section 409A; or (v) to comply with other Applicable Laws.

  • Substantially relates means the nature of criminal conduct for which the person was convicted has a direct bearing on the fitness or ability to perform one or more of the duties or responsibilities necessarily related to the occupation; and

  • Substantially Responsive Bid means the bid that contains no material differences or deviations from, or reservations to, the terms, conditions and specifications given in the bidding documents;

  • Biologically-based mental illness means schizophrenia, schizoaffective disorder, major depressive disorder, bipolar disorder, paranoia and other psychotic disorders, obsessive-compulsive disorder, and panic disorder, as these terms are defined in the most recent edition of the diagnostic and statistical manual of mental disorders published by the American Psychiatric Association.

  • Potentially hazardous food means any food or ingredient, natural or synthetic, in a form capable of supporting the growth of infectious or toxigenic microorganisms, including Clostridium botulinum. This term includes raw or heat treated foods of animal origin, raw seed sprouts, and treated foods of plant origin. The term does not include foods which have a pH level of 4.6 or below or a water activity (Aw) value of 0.85 or less.

  • materially shall, when used in this Agreement, be construed, measured or assessed on the basis of whether the matter would materially affect a party and its subsidiaries, taken as a whole; and

  • Materially Damaged means damage which, in Seller’s reasonable estimation, exceeds $500,000.00 to repair or which, in Seller’s reasonable estimation, will take longer than ninety (90) days to repair.

  • Substandard, Doubtful" or "Loss."

  • Actually Realized means, for purposes of determining the timing of any Taxes (or related Tax cost or benefit) relating to any payment, transaction, occurrence or event, the time at which the amount of Taxes (including estimated Taxes) payable by any person is increased above or reduced below, as the case may be, the amount of Taxes that such person would be required to pay but for the payment, transaction, occurrence or event.

  • Substantially limits means the extent to which the impairment limits an individual’s ability to perform a major life activity as compared to most people in the general population, whether or not an individual chooses to forgo mitigating measures. 42 U.S.C. 126 §12102(4); 28 CFR §35.108(d); 28 CFR §35.105(d) The rules of construction when determining whether an impairment substantially limits performance of a major life activity include:

  • Acutely mentally ill means a condition which is limited to

  • Materially Adverse Effect means (a) any material adverse effect upon the business, assets, liabilities, financial condition or results of operations of the Borrower and its Subsidiaries, taken as a whole, or (b) a material adverse effect upon any material rights or benefits of the Lenders or the Administrative Agent under the Loan Documents.

  • Developmentally disabled person means a person who has a disability defined in RCW 71A.10.020. RCW 26.44.020

  • Affiliated business entity relationship means a relationship, other than a parent- subsidiary relationship, that exists when

  • Established business relationship means a relationship between a seller and a consumer based on:

  • Commercially Reasonable or “Commercially Reasonable Efforts” means, with respect to any action required to be made, attempted or taken by a Party under this Agreement, the level of effort in light of the facts known to such Party at the time a decision is made that: (a) can reasonably be expected to accomplish the desired action without a material increase in costs incurred by such Party; (b) is consistent with Prudent Industry Practices; and (c) takes into consideration the amount of advance notice required to take such action, the duration and type of action and the competitive environment in which such action occurs.

  • Federally related transaction means any real estate related

  • Historically Disadvantaged Individual (HDI) - means a South African citizen:

  • Historically disadvantaged individuals (HDIs means all South African citizens –

  • Alter means to change the cellular structure of living tissue.

  • Intimidating, threatening, abusive, or harming conduct means, but is not limited to, conduct that does the following:

  • Gender identity or expression means a person's gender-related identity, appearance or behavior, whether or not that gender-related identity, appearance or behavior is different from that traditionally associated with the person's physiology or assigned sex at birth, which gender-related identity can be shown by providing evidence including, but not limited to, medical history, care or treatment of the gender-related identity, consistent and uniform assertion of the gender-related identity or any other evidence that the gender-related identity is sincerely held, part of a person's core identity or not being asserted for an improper purpose.

  • Historically Disadvantaged Individual (HDI) means a South African citizen -

  • Intentionally added means the addition of a chemical in a product that serves an intended function in the product component.

  • Family relationship means a relationship between a person and another person within the third degree by consanguinity or the second degree by affinity, as those terms are defined by Subchapter B, Chapter 573, Texas Government Code.

  • Institutional Responsibilities means an Investigator’s professional responsibilities on behalf of the University, which may include for example: activities such as research, research consultation, teaching, professional practice, University committee memberships, and service on panels such as Institutional Review Boards or data and safety monitoring boards.