Common use of Material Change of Circumstances Clause in Contracts

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.

Appears in 4 contracts

Sources: Agreement for Sale and Purchase of Future Thing (Yandex N.V.), Agreement for Sale and Purchase of Future Thing (Yandex N.V.), Agreement for Sale and Purchase of Future Thing (Yandex N.V.)