Material Actions Clause Example with Variations from Business Contracts

This page contains Material Actions clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Material Actions. The Parties acknowledge and agree that the economic risk of the operation of the Business is being substantially assumed by HEZL and that the continued business success of HEZL is necessary to permit the Parties to realize the benefits of this Agreement. During the Term of this Agreement, the Parties therefore will ensure that HEZL does not take any Material Action without the advance written consent of CETL, which consent will not be unreasonably withheld or delayed.

Variations of a "Material Actions" Clause from Business Contracts

Material Actions. The Parties acknowledge and agree that the economic risk of the operation of the Business is being substantially assumed by HEZL Party B and that the continued business success of HEZL Party A is necessary to permit the Parties to realize the benefits of this Agreement. Agreement and the other Business Cooperation Agreements, if any. During the Term of this Agreement, the Parties therefore will ensure that HEZL Party A does not take any Material Action without the advance written consent of ... class="diff-color-red">CETL, Party B, which consent will not be unreasonably withheld or delayed. View More Arrow
Material Actions. The Parties acknowledge and agree that the economic risk of the operation of the Business is being substantially assumed by HEZL Party B and that the continued business success of HEZL Party A is necessary to permit the Parties to realize the benefits of this Agreement. Agreement and the other Business Cooperation Agreements. During the Term of this Agreement, the Parties therefore will ensure that HEZL Party A does not take any Material Action without the advance written consent of CETL, Party... B, which consent will not be unreasonably withheld or delayed. View More Arrow
Material Actions. The Parties acknowledge and agree that the economic risk of the operation of the Business is being substantially assumed by HEZL DSAC and that the continued business success of HEZL DSAC is necessary to permit the Parties to realize the benefits of this Agreement. During the Term of this Agreement, the Parties therefore will ensure that HEZL DSAC does not take any Material Action without the advance written consent of CETL, DSHK, which consent will not be unreasonably withheld or delayed.
Material Actions. The Parties acknowledge and agree that the economic risk of the operation of the Business is being substantially assumed by HEZL Party A and that the continued business success of HEZL Party A is necessary to permit the Parties to realize the benefits of this Agreement. During the Term of this Agreement, the Parties therefore will ensure that HEZL Party A does not take any Material Action without the advance written consent of CETL, Party B, which consent will not be unreasonably withheld or... delayed. View More Arrow
Material Actions. The Parties acknowledge and agree that the economic risk of the operation of the Business is being substantially assumed by HEZL JYBL and that the continued business success of HEZL JYBL is necessary to permit the Parties to realize the benefits of this Agreement. During the Term of this Agreement, the Parties therefore will ensure that HEZL JYBL does not take any Material Action without the advance written consent of CETL, YIBL, which consent will not be unreasonably withheld or delayed.