Contingent Contracts. A contract will be:
Contingent Contracts with Attorneys Ted Pollasek and Ed Goldsteix (Xxxxxxxx and Gxxxxxxxx xxxerred to herein xx "Xxxxingent Attorneys")*
Contingent Contracts. Notwithstanding Buyer's obligation to set forth on Exhibits B and C those Supplier Contracts and Customer Contracts, respectively, Buyer will assume, Buyer, at its sole and absolute discretion, may designate on Exhibits B and C those Supplier Contracts and Customer Contracts, respectively, which Buyer will assume subject to the terms of this Section 4 (the "Contingent Contracts"). Buyer will render the services (the "Contingent Services") specified in each Customer Contract designated as a Contingent Contract (the "Contingent Customer Contracts") to the applicable customer (the "Contingent Customer") for a period of not more than thirty (30) days after the Closing Date (the "Contingency Period"). In exchange for Buyer rendering the Contingent Services, Seller will pay to Buyer cash in an amount equal to the gross amount of any service fee, royalty or other payment the Contingent Customer is obligated to pay, and actually pays directly to Seller, under the applicable Contingent Customer Contract. Notwithstanding anything in this Agreement to the contrary, any amount paid to Buyer in accordance with the preceding sentence will be included in Cash Receipts for purposes of Section 6(b). On or before the end of the Contingency Period, Buyer will send written notice to Seller and each party to a Contingent Contract stating whether Buyer will assume the applicable Contingent Contract. Any Contingent Contract assumed by Buyer in accordance with this Section 4 will be treated for all purposes of this Agreement as an Assumed Contract assumed as of the Closing Date, and Buyer will be entitled to all amounts paid by the applicable Contingent Customer to Seller pursuant to the applicable Contingent Customer Contract. Any Contingent Contract not assumed by Buyer in accordance with this Section 4 will be deemed to be rejected by Buyer as of the earlier of (a) 11:59 p.m. Arizona time on the date Buyer sends notice to Seller of such rejection; or (b) 11:59 p.m. Arizona time on the last day of the Contingency Period. Buyer will have no further obligation to render the Contingent Customer Services pursuant to any rejected Contingent Customer Contract after the effective date of such rejection. Notwithstanding anything in this Agreement to the contrary, Buyer has the right to designate all Supplier Contracts and Customer Contracts set forth in Exhibits B and C, respectively, as Contingent Contracts.
Contingent Contracts a. For groups or for bookings with a total value of 500 euros or more, the Hostel reserves the right to conclude a contingent contract. As a rule, separate cancellation conditions and advance payments will then be agreed between the Hostel and the customer/guest. These agreements then override the corresponding provisions in these Terms and Conditions.
