Material Action definition: Copy, customize and use instantly
Introduction
The term "Material Action" refers to a significant decision, transaction, or course of action that may have a substantial impact on a company, its stakeholders, or contractual obligations. It is essential for defining the threshold of actions that require approvals, protecting interests, and ensuring governance in agreements.
Below are various examples of how "Material Action" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Material Action" as a corporate governance decision
This definition ties "Material Action" to key corporate governance decisions requiring approval.
"Material Action" means any action requiring approval by the board of directors, shareholders, or other governing body, including mergers, acquisitions, capital restructurings, and other significant corporate decisions.
Definition of "Material Action" as a financial obligation decision
This definition connects "Material Action" to financial commitments that may impact an entity’s obligations.
"Material Action" refers to any act, decision, or commitment that results in a significant financial obligation, including incurring debt, granting liens, or entering into long-term financial commitments.
Definition of "Material Action" as a change in corporate structure
This definition links "Material Action" to significant corporate changes.
"Material Action" means any decision affecting the corporate structure, including mergers, dissolutions, liquidations, or significant changes in ownership.
Definition of "Material Action" as a contractual obligation trigger
This definition applies "Material Action" to contractual obligations that trigger key provisions.
"Material Action" refers to any decision or transaction that may trigger a material change in contractual obligations, rights, or liabilities under an agreement.
Definition of "Material Action" as an equity-related decision
This definition ties "Material Action" to decisions affecting company equity.
"Material Action" means any decision regarding the issuance, repurchase, or transfer of equity interests that may materially affect ownership rights.
Definition of "Material Action" as an operational shift
This definition connects "Material Action" to significant changes in business operations.
"Material Action" refers to any decision that results in a material change in the nature or scope of the company’s operations, including entering or exiting key markets.
Definition of "Material Action" as an executive-level strategic move
This definition links "Material Action" to executive-level strategic decisions.
"Material Action" means any strategic initiative undertaken by the company’s executive leadership, including expansion, restructuring, or divestitures.
Definition of "Material Action" as a regulatory compliance decision
This definition applies "Material Action" to compliance with laws and regulations.
"Material Action" refers to any action necessary to ensure compliance with applicable laws, regulations, or governmental directives that could impact the business.
Definition of "Material Action" as a corporate governance decision
This definition ties "Material Action" to key corporate governance decisions requiring approval.
"Material Action" means any action requiring approval by the board of directors, shareholders, or other governing body, including mergers, acquisitions, capital restructurings, and other significant corporate decisions.
Definition of "Material Action" as a financial obligation decision
This definition connects "Material Action" to financial commitments that may impact an entity’s obligations.
"Material Action" refers to any act, decision, or commitment that results in a significant financial obligation, including incurring debt, granting liens, or entering into long-term financial commitments.
Definition of "Material Action" as a change in corporate structure
This definition links "Material Action" to significant corporate changes.
"Material Action" means any decision affecting the corporate structure, including mergers, dissolutions, liquidations, or significant changes in ownership.
Definition of "Material Action" as a contractual obligation trigger
This definition applies "Material Action" to contractual obligations that trigger key provisions.
"Material Action" refers to any decision or transaction that may trigger a material change in contractual obligations, rights, or liabilities under an agreement.
Definition of "Material Action" as an equity-related decision
This definition ties "Material Action" to decisions affecting company equity.
"Material Action" means any decision regarding the issuance, repurchase, or transfer of equity interests that may materially affect ownership rights.
Definition of "Material Action" as an operational shift
This definition connects "Material Action" to significant changes in business operations.
"Material Action" refers to any decision that results in a material change in the nature or scope of the company’s operations, including entering or exiting key markets.
Definition of "Material Action" as an executive-level strategic move
This definition links "Material Action" to executive-level strategic decisions.
"Material Action" means any strategic initiative undertaken by the company’s executive leadership, including expansion, restructuring, or divestitures.
Definition of "Material Action" as a regulatory compliance decision
This definition applies "Material Action" to compliance with laws and regulations.
"Material Action" refers to any action necessary to ensure compliance with applicable laws, regulations, or governmental directives that could impact the business.
Definition of "Material Action" as a risk exposure decision
This definition ties "Material Action" to decisions affecting business risks.
"Material Action" means any action that significantly alters the company’s risk exposure, including litigation settlements, insurance policy changes, or indemnification agreements.
Definition of "Material Action" as a funding-related action
This definition connects "Material Action" to financial arrangements.
"Material Action" refers to any decision involving the raising, allocation, or distribution of funds, including capital investments, loans, or grants.
Definition of "Material Action" as an intellectual property strategy
This definition links "Material Action" to IP-related business decisions.
"Material Action" means any decision affecting the ownership, licensing, or enforcement of intellectual property rights, including patents, trademarks, and copyrights.
Definition of "Material Action" as a supplier and vendor agreement decision
This definition applies "Material Action" to key supplier and vendor relationships.
"Material Action" refers to any decision involving major supplier or vendor agreements that may impact business continuity, costs, or contractual obligations.
Definition of "Material Action" as a workforce restructuring
This definition ties "Material Action" to employment and staffing decisions.
"Material Action" means any decision affecting the workforce, including mass layoffs, changes in employment policies, or significant modifications to employee benefits.
Definition of "Material Action" as a legal proceeding decision
This definition connects "Material Action" to legal disputes.
"Material Action" refers to any decision involving the initiation, settlement, or resolution of legal claims, arbitration, or regulatory investigations.
Definition of "Material Action" as a capital expenditure approval
This definition links "Material Action" to large financial investments.
"Material Action" means any approval of capital expenditures exceeding a specified threshold, requiring authorization by senior management or the board of directors.
Definition of "Material Action" as a material contract execution
This definition applies "Material Action" to key contractual commitments.
"Material Action" refers to any decision involving the execution, termination, or modification of contracts essential to the company's business operations.
Definition of "Material Action" as a tax strategy decision
This definition ties "Material Action" to tax-related decisions.
"Material Action" means any decision related to tax planning, tax elections, or any material changes in the company’s tax treatment.
Definition of "Material Action" as an environmental compliance measure
This definition connects "Material Action" to sustainability efforts.
"Material Action" refers to any decision regarding environmental policies, regulatory compliance, or sustainability initiatives that impact business operations.
Definition of "Material Action" as a corporate governance policy change
This definition links "Material Action" to governance-related policies.
"Material Action" means any change to corporate governance policies, including ethical standards, compliance protocols, and internal control frameworks.
Definition of "Material Action" as a cybersecurity initiative
This definition applies "Material Action" to data security and technology policies.
"Material Action" refers to any decision regarding cybersecurity policies, data privacy regulations, or measures to protect the company’s digital infrastructure.
Definition of "Material Action" as a restructuring of liabilities
This definition ties "Material Action" to liability management.
"Material Action" means any decision affecting the company's outstanding liabilities, including refinancing, debt restructuring, or risk mitigation strategies.
Definition of "Material Action" as an investor relations strategy
This definition connects "Material Action" to shareholder engagement.
"Material Action" refers to any decision concerning investor relations, shareholder communication strategies, or dividend distribution policies.
Definition of "Material Action" as a major insurance policy change
This definition links "Material Action" to business risk management.
"Material Action" means any change to the company’s insurance coverage, including liability protection, property insurance, or key executive policies.
Definition of "Material Action" as a change in company branding
This definition applies "Material Action" to marketing and branding efforts.
"Material Action" refers to any decision involving a rebranding effort, corporate identity change, or significant alteration to the company’s public image.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.