Define: Material Order

How is Material Order defined in a legal contract?

• Material Order means any directive that leads to negative economic outcomes exceeding the administrative costs of compliance for the parent entity, its affiliates, or a merger subsidiary. Seen in 3 SEC filings
• Material Order means any directive, or a series of directives related to the same assets, where the estimated cost of abandonment or reclamation exceeds a certain threshold. Seen in 3 SEC filings
• Material Order means the supply of products by a business in response to an accepted purchase order or a series of related purchase orders, involving aggregate payments to the business above a certain threshold. Seen in 2 SEC filings
• Material Order means those directives, injunctions or decrees issued by an authority, to which the company or its property is subject, and identified as the only orders that are significant to the company and which, if violated by the formation, delivery and execution of the Credit Agreement and other Loan Documents, could be reasonably expected to have a significant adverse impact. Seen in 1 SEC filings
• Material Order means the court order or directive of any government entity issued under a certain Act, listed on certain exhibits or schedules, which list was provided by the company in response to a request for a list of all significant orders binding on the company or their respective properties. Seen in 1 SEC filings
• Material Order means the description provided in Section 4.18.2(i). Seen in 1 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of material order' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Material Order means a directive with consequent economic impact to [organization] exceeding agreed administrative costs.

Relevant Contract Types

• Mergers and Acquisitions Agreements
• Employment Contracts
• Commercial Lease Agreements
• Supply Chain Contracts

Relevant Circumstances

• When an organization faces a directive that may lead to unexpected economical outcomes.
• When the cumulative administrative costs under a directive potentially exceed the economic benefits for an organization.

Relevant Sectors

• Technology
• Manufacturing
• Healthcare
• Retail

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Genie Definition 2

• Material Order means a directive incurring a financial obligation to [organization] beyond a specified threshold value.

Relevant Contract Types

• Investment Agreements
• Debt Restructuring Contracts
• Partnership Agreements

Relevant Circumstances

• When an organization is expected to take up a financial obligation beyond its expected operational cost.
• When the cost of compliance with a directive places a financial burden on an organization surpassing a certain value.

Relevant Sectors

• Banking and Finance
• Construction
• Agriculture
• Non-profit

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