Location Contracts Sample Clauses

Location Contracts. 25 4.12 No Conflict or Violation......................... 26 4.13 Consents and Approvals........................... 26 4.14
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Location Contracts. If Seller has not obtained any required ------------------ Consents for an assignment of a Location Contract (each, a "Consent Lease") by ------------- the Closing Date, then in lieu of assigning such Consent Lease to Buyer, Seller may, upon receipt of Buyer's prior written consent and to the extent subletting is permitted under the terms of such Consent Lease and applicable law, sublet the Location covered by such Consent Lease to Buyer on the same terms and conditions (including rental and other payments) that are contained in the existing Consent Lease, for the balance of the term thereof less one day (the "Sublease"). Upon expiration of the term of the Consent Lease, Seller shall use --------- its best efforts to cause the Consenting Party to enter into the Consent Lease with Buyer and, if the Consenting Party refuses to do so, Seller shall use its best efforts to renew such Consent Lease and then enter into a Sublease with Buyer. In the event Seller is unable to obtain the required Consent or enter into a Sublease with Buyer, Seller will, effective on the Closing Date, to the extent a service agreement is permitted under the terms of the Consent Lease and applicable law, enter into a service agreement (the "Service Agreement"), in form and substance reasonably acceptable to Buyer, ------------------ whereby Buyer is appointed Seller's exclusive agent to service the Machines and collect the revenues generated therefrom at the Location subject to the Consent Lease for the term of the Consent Lease. Upon expiration of the term of the Consent Lease, Seller shall use its best efforts to have the Consenting Party enter into the Consent Lease with Buyer, and, if the Consenting Party refuses to do so, Seller shall use its best efforts to renew such Consent Lease and then enter into a Sublease or Service Agreement with Buyer. If Buyer is unable to enter to enter into a Sublease or Service Agreement with Seller for such Consent Lease, the Purchase Price shall be adjusted as contemplated by Section 2.3(a) hereof.
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Location Contracts. The Borrowers shall notify the Agent if at any time a Location Contract evidences more than seven and one-half percent (7 1/2%) of the consolidated revenues of the Credit Parties and their Subsidiaries. The Borrowers shall take such action as reasonably requested by the Agent to ensure that either (a) any such Location Contract is assignable or (b) the land owner or operator that is party to such Location Contract has consented in writing to the security interest of the Lenders therein.
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Location Contracts. The Disclosure Schedule provides an accurate ------------------ ------------------- listing of the Location Contracts as of the Closing Date, and includes the terms of each Location Contract including its termination date and remaining months of its term; the commission rate; the number of On-Location Machines at each Location; and whether the Location Contract is oral or written and for the twenty (20) largest customers, whether each Location Contract for such customers contains a "change of control" or similar provision or requires consent in connection with the transactions contemplated hereby. Except as explicitly set forth on the Disclosure Schedule, ------------------- each Location Contract grants Sellers the exclusive right to install and operate all Machines at the location(s) (the "Locations") set forth in the Location --------- Contact. As of the date of this Agreement, none of the Sellers or the Companies is in default under any terms of any of the Location Contracts, and has not received any notice, written or oral, requesting or threatening the removal of any On-Location Machine from a Location (other than with respect to the termination dates set forth in the Disclosure Schedule), or any other ------------------- anticipatory breach of any Location Contract, or of any foreclosure against any Location set forth in any of the Location Contracts. In determining the termination date, the Sellers have not taken into account any option to or likelihood of renewal of any Location Contract. Except as set forth on the Disclosure Schedule, neither the Sellers nor any of the Companies have received ------------------- any written notice questioning the validity or enforceability of any Location Contract.
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Location Contracts. (a) Section 2.21(a) of the Disclosure Schedule (with paragraph references corresponding to those set forth below) contains a true and complete list of each of the following Location Contracts (true and complete copies or, if none, reasonably complete and accurate written descriptions of which, together with all amendments and supplements thereto, have been delivered or made available to Purchaser prior to the execution of this Agreement), to which the Company is a party:
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Location Contracts. As of the Closing Date, there is no Location Contract which accounts for more than seven and one-half percent (7 1/2%) of the consolidated revenues of the Credit Parties and their Subsidiaries.
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Location Contracts. Except as set forth in Section 3.28 of the Disclosure Schedule, no material location contract with respect to any Seller Phone has a remaining term of less than 12 months.
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Related to Location Contracts

  • Union Contracts Seller is not a party to any union contracts, collective bargaining agreements or other agreements relating to the organization of employees in effect with respect to employees of the Property.

  • Project Contracts (i) all existing Project Contracts are or will be in full force and effect at the time of the first drawdown under this Agreement (except for the EPC Contract, which will be in full force and effect once the down payment under the EPC Contract has been made), (ii) no other material Project Contracts have been concluded, which have not been disclosed to the Agent, (iii) the Borrower has no notice of any material breaches by any contracting party under the Project Contracts, and (iv) with regard to Project Contracts, which will not be available before the day on which this representation and warranty is made or repeated, the Borrower assumes that these are produced as soon as and to the extent that they may become necessary for the Project;

  • Construction Contracts Lessee has entered into contracts with the Contractors or separate contracts with materialmen and laborers providing for the construction of the Improvements. Lessee will cause the Contractors to promptly furnish Lessor with the complete list of all Sub-contractors or entities as and when under contract, which Contractors propose to engage to furnish labor and/or materials in constructing the Improvements (such list containing the names, addresses, and amounts of such sub-contracts as written in excess individually of $5,000, and prior to disbursement of funds to or for the benefit of such Subcontractors, affidavits of authorized signatory and other documents commercially reasonably required by Title to insure that the Leased Premises remain lien free) and will from time to time furnish Lessor or Title with true copies of all Contracts entered into by Lessee and with the terms of all verbal agreements therefor, if any, and as to subcontractors, letters signed by sub-contractors whose contracts are in excess of $5,000 setting forth the present amount of their contract and the amounts remaining to be paid under that contract, if the same information is not stated on a lien waiver reflecting the most currently requested payment to such subcontractor.

  • Service Contracts (a) The Trustees may, at any time and from time to time, contract for exclusive or nonexclusive advisory, management and/or administrative services for the Trust or for any Series with any Person; and any such contract may contain such other terms as the Trustees may determine, including without limitation, authority for the Investment Adviser to determine from time to time without prior consultation with the Trustees what investments shall be purchased, held, sold or exchanged and what portion, if any, of the assets of the Trust shall be held uninvested and to make changes in the Trust's investments, and such other responsibilities as may specifically be delegated to such Person.

  • Contracts and Leases (a) Each Material Contract and Lease is a valid and subsisting agreement, without any material default of Seller thereunder, and to the knowledge of Seller, without any default on the part of any other party thereto. To the knowledge of Seller, no event or occurrence has transpired which with the passage of time or giving of notice or both will constitute a default under any Material Contract or Lease. A true and correct list of each Material Contract and Lease and every amendment thereto or other agreement or document relating thereto is set forth as Schedule 3.6 to this Agreement. True and correct copies of the Material Contracts and Leases (and any amendments thereto) have been provided to Purchaser. At the time of Closing, Seller shall have made all payments and performed all obligations due through the Closing Date under each Contract and Lease, except to the extent that any payment due is set forth on the Purchase Price Adjustment Schedule and deducted in calculating the Purchase Price pursuant to Section 2.3.

  • Gas Contracts No Credit Party, as of the date hereof or as disclosed to the Administrative Agent in writing, (a) is obligated in any material respect by virtue of any prepayment made under any contract containing a “take-or-pay” or “prepayment” provision or under any similar agreement to deliver Hydrocarbons produced from or allocated to any of the Borrower’s and its Subsidiaries’ Oil and Gas Properties at some future date without receiving full payment therefor at the time of delivery or (b) except as has been disclosed to the Administrative Agent, has produced gas, in any material amount, subject to balancing rights of third parties or subject to balancing duties under Legal Requirements.

  • New Contracts During the pendency of this Agreement, Seller will not enter into any contract, or modify, amend, renew or extend any existing contract, that will be an obligation affecting the Property or any part thereof subsequent to the Closing without Purchaser’s prior written consent in each instance (which Purchaser agrees not to withhold or delay unreasonably), except contracts entered into in the ordinary course of business that are terminable without cause (and without penalty or premium) on 30 days (or less) notice.

  • Management Contracts Borrower shall not enter into, modify, amend, terminate or cancel any management contracts for the Project or agreements with agents or brokers, without the prior written approval of Lender.

  • Business Contracts All Contracts (other than the Real Property Lease and Personal Property Leases) to which Seller is a party and which are utilized in the conduct of the Business, including without limitation Contracts relating to suppliers, sales representatives, distributors, customers, purchase orders, licensees, licensors, marketing arrangements and manufacturing arrangements, and including without limitation the Contracts listed in Section 1.01(a)(v) of Seller's Disclosure Schedule (the "Business Contracts");

  • Vendor Contracts (a) THIRD-PARTY ASO CONTRACTS.

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