Definitions
There is 1 meaning of the phrase
Material Breach.
Material Breach - as a noun
A breach serious enough to destroy the value of the contract and to give a basis for an action for breach of contract
Example Sentences
"The contractor was found to have committed a material breach of the contract."
"Failure to pay rent on time is considered a material breach of the lease agreement."
"The court ruled that the misrepresentation by the seller amounted to a material breach of the sales contract."
"A failure to meet the agreed-upon specifications would constitute a material breach."
"The insurance company argued that the insured's failure to disclose relevant information constituted a material breach of the policy."
