Material Contract definition: Copy, customize, and use instantly
Introduction
The term "Material Contract" refers to a legally binding agreement that is considered significant or substantial to the business operations of the parties involved. It typically includes contracts that could materially affect the financial performance, rights, or obligations of the parties.
Below are various examples of how "Material Contract" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Material Contract" as a strategic alliance agreement
This definition ties "Material Contract" to partnerships aimed at achieving strategic goals.
"Material Contract" refers to any agreement establishing a strategic alliance or collaboration that significantly impacts business strategy or operations.
Definition of "Material Contract" as a settlement agreement
This definition connects "Material Contract" to legal dispute resolutions.
"Material Contract" means any settlement agreement resolving litigation or disputes that could materially affect the financial standing or reputation of a party.
Definition of "Material Contract" as a marketing agreement
This definition links "Material Contract" to promotional or marketing services.
"Material Contract" refers to any agreement for the provision of marketing, advertising, or promotional services that substantially impacts a party’s market presence or revenue.
Definition of "Material Contract" as an equipment lease
This definition applies "Material Contract" to agreements for leasing significant equipment.
"Material Contract" means any lease agreement for machinery or equipment that is critical to the operations of the business.
Definition of "Material Contract" as a consulting agreement
This definition ties "Material Contract" to consultancy services.
"Material Contract" refers to any consulting agreement that provides advice or expertise critical to the business's operational or financial success.
Definition of "Material Contract" as a licensing agreement
This definition links "Material Contract" to intellectual property licensing.
"Material Contract" means any agreement that grants rights to use intellectual property, including patents or trademarks, which significantly impact the licensee’s business.
Definition of "Material Contract" as an outsourcing agreement
This definition applies "Material Contract" to third-party service contracts.
"Material Contract" refers to any outsourcing agreement where essential business functions are delegated to third parties.
Definition of "Material Contract" as a real estate purchase agreement
This definition ties "Material Contract" to property acquisition contracts.
"Material Contract" means any agreement related to the purchase of real estate that has significant financial or operational implications.
Definition of "Material Contract" as a merger agreement
This definition connects "Material Contract" to agreements governing business mergers.
"Material Contract" refers to any agreement establishing the terms of a merger between two or more entities with substantial impact on their structure or operations.
Definition of "Material Contract" as a joint development agreement
This definition links "Material Contract" to collaborative development projects.
"Material Contract" means any agreement between parties to jointly develop a product, technology, or service with material business impact.
Definition of "Material Contract" as a data-sharing agreement
This definition applies "Material Contract" to agreements regulating the exchange of data.
"Material Contract" refers to any agreement governing data-sharing practices that significantly affect compliance or operations.
Definition of "Material Contract" as a warranty agreement
This definition ties "Material Contract" to guarantees or warranties.
"Material Contract" means any warranty agreement that involves significant liability or guarantees related to the quality of goods or services.
Definition of "Material Contract" as a partnership dissolution agreement
This definition connects "Material Contract" to the termination of partnerships.
"Material Contract" refers to any agreement terminating a partnership and distributing its assets or liabilities with material consequences.
Definition of "Material Contract" as a renewable energy supply agreement
This definition links "Material Contract" to agreements for renewable energy sources.
"Material Contract" means any agreement to supply renewable energy that materially impacts operational costs or environmental compliance.
Definition of "Material Contract" as an infrastructure development agreement
This definition applies "Material Contract" to large-scale infrastructure projects.
"Material Contract" refers to any agreement for infrastructure development that significantly affects financial performance or operational capabilities.
Definition of "Material Contract" as an advertising contract
This definition ties "Material Contract" to agreements for advertising services.
"Material Contract" means any agreement with advertisers or media platforms that substantially impacts the parties’ marketing reach or revenue.
Definition of "Material Contract" as a loan restructuring agreement
This definition connects "Material Contract" to the modification of loan terms.
"Material Contract" refers to any agreement modifying loan terms, including interest rates or repayment schedules, with material impact on the borrower’s obligations.
Definition of "Material Contract" as an environmental compliance agreement
This definition links "Material Contract" to agreements ensuring compliance with environmental regulations.
"Material Contract" means any agreement related to environmental compliance that has significant legal or financial consequences.
Definition of "Material Contract" as a transportation agreement
This definition applies "Material Contract" to contracts for transportation services.
"Material Contract" refers to any agreement for the transportation of goods or personnel that is critical to business operations.
Definition of "Material Contract" as a cloud services agreement
This definition ties "Material Contract" to agreements for cloud-based technology.
"Material Contract" means any agreement for cloud computing services or infrastructure that significantly affects the parties’ operations.
Definition of "Material Contract" as an asset sale agreement
This definition connects "Material Contract" to agreements for selling substantial assets.
"Material Contract" refers to any agreement for the sale of significant assets that materially impacts financial standing or business strategy.
Definition of "Material Contract" as a non-disclosure agreement
This definition links "Material Contract" to confidentiality obligations.
"Material Contract" means any agreement that restricts the disclosure of proprietary or sensitive information crucial to the business.
Definition of "Material Contract" as a healthcare service agreement
This definition applies "Material Contract" to contracts for healthcare services.
"Material Contract" refers to any agreement with healthcare providers or insurers that materially impacts patient care or financial obligations.
Definition of "Material Contract" as a product supply agreement
This definition ties "Material Contract" to contracts for product distribution.
"Material Contract" means any agreement for the supply of products that substantially impacts operational continuity or revenue.
Definition of "Material Contract" as a facility management agreement
This definition connects "Material Contract" to agreements for facility maintenance.
"Material Contract" refers to any agreement for the management or maintenance of facilities that is critical to business operations.
Definition of "Material Contract" as a training agreement
This definition ties "Material Contract" to employee or workforce training arrangements.
"Material Contract" refers to any agreement for the training and development of employees, which significantly impacts the skills and productivity of the workforce.
Definition of "Material Contract" as a debt restructuring agreement
This definition connects "Material Contract" to agreements modifying existing debt terms.
"Material Contract" means any agreement that involves restructuring or renegotiating the terms of outstanding debt with a significant financial impact.
Definition of "Material Contract" as an environmental services contract
This definition links "Material Contract" to contracts related to environmental management.
"Material Contract" refers to any agreement for waste management, pollution control, or other environmental services essential to compliance or operations.
Definition of "Material Contract" as a cross-border agreement
This definition applies "Material Contract" to international trade or business contracts.
"Material Contract" means any agreement involving cross-border transactions or partnerships with substantial implications for business operations.
Definition of "Material Contract" as a technology integration agreement
This definition ties "Material Contract" to the integration of new technologies.
"Material Contract" refers to any agreement for adopting or implementing technology systems that materially affect business processes or efficiency.
Definition of "Material Contract" as a subcontracting agreement
This definition connects "Material Contract" to third-party outsourcing contracts.
"Material Contract" means any agreement with a subcontractor for delivering goods or services critical to fulfilling primary contractual obligations.
Definition of "Material Contract" as a content licensing agreement
This definition links "Material Contract" to agreements for using digital or media content.
"Material Contract" refers to any agreement for licensing content, including media, software, or digital resources, that significantly affects operations or revenue.
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.