Material Variation definition

Material Variation means, in respect of an Expenditure Programme, any variation which on its own or together with any other variation or variations results in, or is likely to result in the budgeted expenditure (taking into account all variations) being exceeded or an Expenditure Programme being materially delayed, or any variation that materially amends the scope, specifications or function of an Expenditure Programme.

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Material Variation means, in respect of any Railtrack Change Proposal which has been approved, any proposal, or series of minor modifications which together would constitute a proposal (other than one which has been accepted pursuant to the provisions of Conditions C3.7 or C4), which if implemented would:

Material Variation means in respect of any Development Change Proposal which has been approved, any proposal, or series of minor modifications which together would constitute a proposal (other than one which has been accepted or deemed accepted pursuant to the provisions of Condition 10.4 or Condition 11), which if implemented would:

Examples of Material Variation in a sentence

The Recipient must not, without DIA’s prior written consent, make any Material Variation to the Expenditure Programme(s) (including its description and scope) as set out in the Delivery Plan.
The Recipient must not, without DIA’s or the Monitor’s prior written consent, make any Material Variation to the Permitted Funding Activities (including their description and scope).
Unless otherwise stated in the Contract, means: during the Planning Phase, a Planning Phase Material Variation; and during the Delivery Phase, any change to the Works including any addition, increase, decrease, omission, deletion, demolition or removal to or from the Works.
Upon notification of a proposed Material Variation, the Parties shall in good faith discuss the proposed Material Variations through the JSC, with each Party considering other one’s reasonable input.
Clause 8.3 details the consents required to proceed with the redevelopment of the Kiosk and what to do if any changes are made to final endorsed plans that are considered to be a Material Variation.

More Definitions of Material Variation

Material Variation means a variation which would result in:

Material Variation means any variation to an Agreement or Associated Documents whether as a unilateral variation permitted by the Agreement or by consent between the parties, other than a variation of the price or winegrape assessment methods already provided for in the Agreement. A Material Variation includes but is not limited to any variation of:

Material Variation means a properly executed variation to the Agreement in compliance with Clause 24;

Material Variation means the alteration or modification of the design, quality or quantity of the Depot Design in Principle and/or the fabric of the New Depot including:

Material Variation means in relation to the Senior Financing Documents and the Mezzanine Financing Documents:

Material Variation means, in respect of a Permitted Funding Activity, any variation which on its own or together with any other variation or variations results in, or is likely to result in the budgeted expenditure (taking into account all variations) being exceeded or a Permitted Funding Activity being materially delayed, or any variation that materially amends the scope, specifications or function of a Permitted Funding Activity. Monitor means Crown Infrastructure Partners Limited, appointed by the DIA to assist in managing the Funding by undertaking a review and monitoring role.

Material Variation means in relation to the Senior Documents and the Mezzanine Documents:

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