Common use of Material Agreement Clause in Contracts

Material Agreement. With respect to a person, any agreement, contract, joint venture, lease, commitment, guaranty or other contractual arrangement or any bond, debenture, indenture, mortgage, deed of trust, loan or security agreement, note, instrument or other evidence of indebtedness, which in the case of any of the foregoing is material to the business, assets, operations, condition or prospects, financial or otherwise, of such person or which is material to the ability of such person to perform its obligations under this Agreement.

Appears in 10 contracts

Sources: Outsourcing Agreement (Aspirity Holdings LLC), Outsourcing Agreement (Twin Cities Power Holdings, LLC), Outsourcing Agreement (Twin Cities Power Holdings, LLC)

Material Agreement. With respect to a person, any agreement, contract, joint venture, lease, commitment, guaranty or other contractual arrangement or any bond, debenture, indenture, mortgage, deed of trust, loan or security agreement, note, instrument or other evidence of indebtedness, which in the case of any of the foregoing is material to the business, assets, operations, condition operations or prospectscondition, financial or otherwise, of such person or which is material to the ability of such person to perform its obligations under this Agreement.

Appears in 2 contracts

Sources: Distribution and Management Agreement (Onyx Acceptance Corp), Distribution and Management Agreement (Onyx Acceptance Corp)