Material Provision Clause Samples

A Material Provision clause identifies and highlights the most critical terms or obligations within a contract that are essential to its overall purpose. In practice, this clause specifies which provisions are considered so fundamental that their breach could justify significant remedies, such as contract termination or damages. For example, payment terms, confidentiality obligations, or delivery requirements might be designated as material provisions. The core function of this clause is to ensure that both parties clearly understand which parts of the agreement are most important, thereby reducing ambiguity and helping to allocate risk if a serious breach occurs.
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Material Provision. This clause 7 is a material provision of this Agreement and the obligations outlined in this
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Material Provision. It is agreed between Consultant and Agenus that this Article 6 is deemed by the Parties to be a material provision of this Agreement.
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Material Provision. Any material provision of any Loan Document for any reason ceases to be valid, binding and enforceable in accordance with its terms;
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Material Provision. Any material provision of this Agreement shall, for any reason, cease to be valid and binding on Borrower, or Borrower shall so claim in writing to Lender;
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Material Provision. Any material provision of any Loan Document after delivery thereof shall for any reason cease to be valid and binding on or enforceable against any Loan Party which is party to it, or any such Loan Party shall so state in writing; or
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Material Provision. Employee's compliance with the terms of this confidentiality provision is a material requirement of this Agreement.
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Material Provision. 60 measurement date................................................................................................. 15
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Material Provision. Vendor and RMI agree that Article 5.3 and Article 5.4 are material provisions of this Agreement without which RMI would not have entered into this Agreement.
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Material Provision. The requirements of this Section 16 are material provisions of this Subcontract, as such; Subcontractor’s failure or refusal to comply with any of its requirements is considered a condition of default under Section 30 (Termination).
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Related to Material Provision

  • SPECIAL PROVISION The failure of the COUNTY to insist upon the strict performance of any provision of this Agreement or to exercise any right based upon breach thereof or the acceptance of any performance during such breach shall not constitute a waiver of any right under this Agreement.

  • Remedial Provisions Each Grantor covenants and agrees with the Administrative Agent and the other Secured Parties that, from and after the date of this Agreement until the Discharge of Obligations:

  • Environmental Provisions 1. In performance of this contract the Contractor undertakes to comply with the environmental aspects hereof and with any other comparable conditions laid down in the specifications and detailed, where appropriate, in the Contractor’s tender. 2. The European Parliament reserves the right to carry out itself any inspections and checks on the Contractor which are necessary to ensure compliance with the environmental requirements laid down. Such inspections and checks may be carried out in part or in full by an external body duly authorised by the European Parliament. 3. Any failure on the Contractor’s part to comply with the environmental obligations laid down or any refusal to allow inspection by the European Parliament or a duly authorised body shall entitle the European Parliament to terminate this contract.

  • Initial Provisions Article 1 Establishment of the Free Trade Area

  • Supplemental Provisions All of the terms, conditions, representations, warranties, covenants and other provisions, if any, set forth in the supplemental provisions attached hereto as Schedule 2 (the “Supplemental Provisions”) are hereby incorporated into this Contract and shall be considered a part hereof. In the event of any conflict or inconsistency between the Supplemental Provisions and the other provisions of this Contract, the Supplemental Provisions shall control.