Material Change of Circumstances Sample Clauses

Material Change of Circumstances. For the purpose of this Agreement, material change of circumstances include, but is not limited to, the failure of the GRANTEE to diligently and actively pursue commencement or completion of the Scope of Work, failure to fulfill the terms of this agreement or the other Grant Documents, cessation of occupancy, sale or transfer of ownership of the business or the property, voluntary or involuntary bankruptcy or an assignment for the benefit of creditors. GRANTEE shall immediately notify the CHAMBER of any material change of circumstances of the project. A material change of circumstances shall constitute a default under this Agreement for which the CHAMBER has the right to pursue any remedy provided in this agreement or the other Grant Documents, by law or in equity and/or by State or Federal law.

Material Change of Circumstances. With the exception of the provisions of Clause 2.4, which by agreement of the Parties are material for the Parties, a material change of the circumstances relied upon by the Parties in entering into this Agreement (as defined in Article 451 of the Civil Code) may not serve as grounds for amendment or termination of this Agreement by either of the Parties.

Material Change of Circumstances. The terms of this Agreement are based on conditions in existence on the date that Contractor commences performance. In the event of a material change in the conditions that adversely affects the ability of Contractor to perform its obligations, Contractor shall reasonably cooperate with Foundation to minimize the impact from such change in conditions on Contractor’s performance and shall, if requested by Foundation, negotiate in good faith to adjust the terms of this Agreement on a mutually agreeable basis to address the impact of such material change in conditions. This provision shall not limit CSU’s ability to avail itself of any rights or remedies provided to CSU by law, equity or any other term of this Agreement.

Material Change of Circumstances. The terms of this Agreement are based on conditions in existence on the date that Vendor commences performance. In the event of a material change in the conditions that adversely affects the ability of Vendor to perform its obligations, Vendor shall reasonably cooperate with Foundation to minimize the impact from such change in conditions on Vendor’s performance and shall, if requested by Foundation, negotiate in good faith to adjust the terms of this Agreement on a mutually agreeable basis to address the impact of such material change in conditions. This provision shall not limit CSU’s ability to avail itself of any rights or remedies provided to CSU by law, equity or any other term of this Agreement.

Material Change of Circumstances. The material change of circumstances described in article 451 of the Civil Code of the Russian Federation may not serve as the grounds for the Guarantee revocation or amendment or termination of this Agreement on the initiative of the Guarantor and/or any of the Borrowers.

Material Change of Circumstances. The terms of this Contract are based on conditions in existence on the date that Contractor commences performance. In the event of a material change in the conditions that adversely affects the ability of Contractor to perform its obligations, Contractor shall reasonably cooperate with Customer to minimize the impact from such change in n good faith to adjust the terms of this Contract on a mutually agreeable basis to address the impact of such material change in conditions. y law, equity or any other term of this Contract.

Material Change of Circumstances. Sections 14.5 Notices is amended in full to read as follows: Any notices or other communication made or contemplated by this Agreement to be in writing shall be deemed to have been received by the party to whom it is addressed three (3) business days after it is deposited in the United States mail, certified postage prepaid, return receipt requested, or the date of delivery by Federal Express or similar commercial courier service, and addressed as set forth in Exhibit A., or to such other address as either party from time to time informs the other in writing. Further, notice may be given during normal business hours by facsimile transmission to the number set forth in Exhibit A, which shall be deemed received upon facsimile transmission confirmation, or by personal delivery to the address set forth in Exhibit A, which shall be deemed received upon receipt of a signature from the person or office at the designated address.

Material Change of Circumstances. “Material Change of Circumstances” shall mean a change of circumstances that is material to Parent and its Subsidiaries taken as a whole occurring, or of which Parent became aware, after the date of this Agreement as a result of which the board of directors of Parent determines in good faith, after consultation with its outside legal counsel, that the failure to make an Adverse Recommendation Change would be inconsistent with its fiduciary duties under the DGCL.

Material Change of Circumstances. “Material Change of Circumstances” means any change of circumstances resulting from judicial, legislative or administrative actions by federal, state or local authorities, which occurs after December 31, 2001, which is not otherwise specifically provided for in this Agreement, and which has the effect of materially altering the Cost Benefit Balance of this Agreement or which disrupts, hampers or obstructs the smooth and efficient administration of this Agreement (e.g. if the information required for the calculation of Revenue Sharing Payments under Section 7.1 of this Agreement is organized differently or published by a different body than is contemplated by this Agreement). Without limitation, the following shall not be considered to be a Material Change of Circumstances: (1) Upgraded or Expanded Sewer Service Facilities are required; or (2) Clean Water Fund Financing is unavailable or is not available in sufficient amounts for the Future Growth Work improvements.