material alteration
- A modification applied to a document that introduces or eliminates a provision, or alters the benefits and responsibilities of any party involved
- The tenant was not informed about the material alteration done to the lease agreement, which included an increase in rent payment.
- The bank demanded a material alteration to the loan agreement, inserting a new clause about the collateral.
- The attorney suggested a material alteration to the contract, shifting some responsibilities from his client to the other party.
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