Rejected Contracts Sample Clauses

Rejected Contracts. No Seller shall reject any Assumed Contract in any bankruptcy proceeding following the date hereof without the prior written consent of the Buyer.
AutoNDA by SimpleDocs
Rejected Contracts. Seller shall not obtain an order approving the rejection or assumption of any Assigned Contract in any bankruptcy proceeding following the date hereof unless in accordance with this Agreement without the prior written consent of Purchaser.
Rejected Contracts. Contracts rejected by Buyer pursuant to Section 1.1(e).
Rejected Contracts. No Seller shall reject any Assumed Contract or Assumed Lease without the prior notice to, and consultation with, Buyer (consent not being required).
Rejected Contracts. Schedule 5.16(b) contains the schedule of Rejected Contracts. Subsequent to the Court's approval of this Agreement and prior to Closing, Sellers shall consult with Buyer about any Contract Sellers seek to reject and consider in good faith Buyer's opinions on any such rejection, in recognition of Buyer's bona fide interest in preserving to the maximum extent possible the Contracts which Buyer believes are reasonably necessary to the continued operation and financial viability of the Business after Closing, but Sellers shall have the right in their discretion to reject any Contract which in their judgment Sellers believe must be rejected to maintain the viability of the Business prior to the Closing Date or to comply with any order of the Bankruptcy Court. In addition, subject to the approval of the Bankruptcy Court and after receipt of Buyer's prior written consent (which shall not be unreasonably withheld), Sellers may assume any Rejected Contract if the total cost of completing such Rejected Contract would be materially less costly than the reasonably anticipated damages that would be payable by Sellers in connection with a claim for material breach of such Rejected Contract. In the event that Sellers should assume any such Rejected Contract, Buyer shall granx Xxxxxxx x xon-exclusive, royalty-free license to use or exploit those items constituting Intellectual Properties as may be reasonably necessary to perform such Rejected Contract assumed by Sellers pursuant to this Section 5.16(b) and the Completed Contracts.
Rejected Contracts. 37 7.15 Further Assurances .......................................................................... 37
Rejected Contracts. Sellers shall not reject or cause to be rejected any Contract in any bankruptcy proceeding following the date hereof if such Contract is an Acquired Asset unless such Contract has been removed from the Acquired Assets in accordance with Section 2.07.
AutoNDA by SimpleDocs
Rejected Contracts. Schedule 1.1 Sellers' Knowledge
Rejected Contracts. Until the earlier of the Closing Date and the date on which this Agreement is terminated in accordance with Section 3.4, the Seller shall not reject any Assigned Contract in the Bankruptcy Case following the Agreement Date without the prior written consent of the Purchaser (which consent shall not be unreasonably withheld, delayed or conditioned).
Rejected Contracts. Article 4 Release. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.3.1
Time is Money Join Law Insider Premium to draft better contracts faster.