Unconditional Purchase Obligations. The Borrower shall not and shall not permit any Subsidiary to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 15 contracts
Sources: Loan and Security Agreement (Dynatronics Corp), Loan and Security Agreement (Flux Power Holdings, Inc.), Loan and Security Agreement (Polar Power, Inc.)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 15 contracts
Sources: Credit Agreement (Navigant Consulting Inc), Credit Agreement (Nashua Corp), Credit Agreement (Multi Color Corp)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Company or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 13 contracts
Sources: Credit Agreement (U S Plastic Lumber Corp), Credit Agreement (Synagro Technologies Inc), Credit Agreement (Synagro Technologies Inc)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 10 contracts
Sources: Credit Agreement (U S Aggregates Inc), Credit Agreement (United Waste Systems Inc), Credit Agreement (Allied Products Corp /De/)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any ---------------------------------- Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Company or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 9 contracts
Sources: Senior Subordinated Loan Agreement (GTCR Golder Rauner LLC), Credit Agreement (United Rentals Inc), Term Loan Agreement (United Rentals North America Inc)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any material contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 7 contracts
Sources: Credit Agreement (Middleby Corp), Credit Agreement (Middleby Corp), Credit Agreement (Middleby Corp)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services, other than contracts entered into in the ordinary course of business and in accordance with past practices.
Appears in 4 contracts
Sources: Credit Agreement (Energy West Inc), Credit Agreement (Energy West Inc), Credit Agreement (Energy West Inc)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to of its ---------------------------------- Subsidiaries to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 3 contracts
Sources: Multicurrency Credit Agreement (Apw LTD), Post Petition Multicurrency Superpriority Credit Agreement (Apw LTD), Credit Agreement (Apw LTD)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any ---------------------------------- Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 3 contracts
Sources: Credit Agreement (Applied Power Inc), Credit Agreement (Elgin National Industries Inc), Multicurrency Credit Agreement (Applied Power Inc)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to of its Subsidiaries to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 2 contracts
Sources: Multicurrency Credit Agreement (Apw LTD), Term Loan Agreement (Apw LTD)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services, other than such contracts which in the aggregate require purchases of less than $5,000,000 per year.
Appears in 2 contracts
Sources: Credit Agreement (Carmax Inc), Credit Agreement (Carmax Inc)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any of its Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it a Borrower regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 2 contracts
Sources: Credit Agreement (Thane International Inc), Credit Agreement (Thane International Inc)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that Borrower or such Subsidiary to make payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or servicesservices are ever delivered.
Appears in 2 contracts
Sources: Loan and Security Agreement, Loan and Security Agreement
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to to, except in the ordinary course of business, any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 2 contracts
Sources: Credit Agreement (Semco Energy Inc), Credit Agreement (Semco Energy Inc)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any ---------------------------------- Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 2 contracts
Sources: Quarterly Report, Term Loan Agreement (United Rentals North America Inc)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 2 contracts
Sources: Credit Agreement (American Italian Pasta Co), Credit Agreement (American Italian Pasta Co)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Restricted Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Sources: Fifth Amended and Restated Credit Agreement (Hollinger International Inc)
Unconditional Purchase Obligations. The Borrower Borrowers shall not and shall not permit any Subsidiary to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it the applicable Borrower or Subsidiary regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Sources: Loan and Security Agreement (Hill International, Inc.)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any material contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Sources: Credit Agreement (Tokheim Corp)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Domestic Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Borrowers or any Domestic Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 1 contract
Sources: Credit Agreement (Bogen Communications International Inc)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Borrowers or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 1 contract
Sources: Credit Agreement (Bogen Communications International Inc)
Unconditional Purchase Obligations. The Borrower shall Company will not and shall will not permit any Material Subsidiary to enter into or be a party to any contract for the purchase or lease of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services."
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to of its Subsidiaries to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Sources: Credit Agreement (Cellular Dynamics International, Inc.)
Unconditional Purchase Obligations. The Borrower Borrowers shall not and shall not permit any Subsidiary to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any material contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Company or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 1 contract
Sources: Credit Agreement (Regal Beloit Corp)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the fore going shall not prohibit the Borrower or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services; provided that the foregoing does not prohibit the payment of any reasonable termination fees pursuant to any vendor contract entered into in the ordinary course of business.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Company or any Subsidiary from entering into options for the purchase of particular assets.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any ---------------------------------- Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Restricted Subsidiary to in the Financial Group to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Restricted Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.. 49
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any ---------------------------------- Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 1 contract
Sources: Term Loan Agreement (United Rentals North America Inc)
Unconditional Purchase Obligations. The Borrower shall Company will not and shall will not permit any Material Subsidiary to enter into or be a party to any contract for the purchase or lease of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any Subsidiary to of its Subsidiaries to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any ----------------------------------- Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Company or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower shall not and shall not Not enter into or be a party to, ---------------------------------- or permit any Subsidiary to enter into or be a party to to, any contract for the purchase of materials, supplies or other property or services services, if such contract requires that the Borrower or any Subsidiary to make payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or servicesservices are ever delivered.
Appears in 1 contract
Unconditional Purchase Obligations. The Borrower Company shall not and not, nor shall not it permit any Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or servicesservices other than advances to artists made by the Company and its Subsidiaries in the ordinary course of business.
Appears in 1 contract
Sources: Securities Purchase Agreement (Integrity Media Inc)
Unconditional Purchase Obligations. The Borrower shall not Not, and shall not permit any ---------------------------------- Subsidiary to to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services; provided, however, that this -------- ------- Section shall not prohibit the Company from entering into forward commitments for fuel purchases in the ordinary course of business.
Appears in 1 contract