Specified Material definition
Examples of Specified Material in a sentence
Since December 31, 2020, no Specified Material Adverse Effect has occurred.
Since December 31, 2019, no Specified Material Adverse Effect has occurred.
Moral rights If any Specified Material that is a copyright work contains information over which a third party (including Project Operator’s officers, employees, Subcontractors or agents) has Moral Rights, then Project Operator must ensure that it has in place all necessary consents sufficient to allow the Commonwealth to deal with the Specified Material in accordance with the licence granted in clause 29.2 (“Licence of Specified Material”) and any Project Document.
Project Operator must obtain a licence of any material contained in the Specified Material in respect of which the intellectual property rights are owned by a person other than the Commonwealth, Project Operator or any Related Body Corporate of Project Operator (“Third Party”) that enables Project Operator to grant to the Commonwealth the licence required by paragraph (a).
For purposes of clarification, Pinnacle agrees that if necessary in order to obtain the Required Governmental Consents (as defined in Section 6.01(c)), Pinnacle will (A) sell, or agree to sell, hold or agree to hold separate, or otherwise dispose, or agree to dispose of, the Specified Assets or (B) conduct or agree to conduct its business in a particular manner unless such conduct has had or would reasonably be expected to result in a Specified Material Adverse Effect.
As of the Restatement Date, no Default, Event of Default, Event of Loss, Specified Significant Environmental Event or Specified Material Environmental Violation has occurred and is continuing.
In the case of the obligation of Pinnacle, all Required Governmental Consents that have been obtained shall have been obtained without the imposition of any term, condition or consequence the acceptance of which would, individually or in the aggregate, reasonably be expected to have or result in a Specified Material Adverse Effect.
Since December 31, 2019 no Specified Material Adverse Effect has occurred.
If any Specified Material that is a copyright work contains information over which a third party (including the Operator's Associates) has 'Moral Rights' (as defined in the Copyright Act 1968 (Cth)), the Operator must ensure that it has in place all necessary consents sufficient to allow the Commonwealth to deal with the Specified Material in accordance with any Project Document.
There shall not have occurred and be continuing any Default, Event of Default, Event of Loss, Specified Significant Environmental Event or Specified Material Environmental Violation.