Additional Material Contract definition

Additional Material Contract means any contract, agreement, letter agreement or other instrument to which a Credit Party becomes a party after the Closing Date that:

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Additional Material Contract means each Additional Contract designated as ---------------------------- an "Additional Material Contract" in accordance with Section 6.16. ------------

Additional Material Contract has the meaning set forth in Section 5.1(h).

Examples of Additional Material Contract in a sentence

Nothing herein shall be construed as or deemed to be (a) a waiver or consent by the Requisite Lenders of any past, present or future breach or non-compliance with any terms or provisions contained in any Financing Document, Material Contract or Additional Material Contract or (b) a guide to, or an intent or indication of, future actions or decisions by any First Lien Secured Party.
For the avoidance of doubt and without limiting the generality of the foregoing, no other change, amendment, consent or waiver with respect to the terms and provisions of any other Financing Document, Material Contract or Additional Material Contract is intended or contemplated hereby (which terms and provisions remain unchanged and in full force and effect).
Except as set forth on Schedule 5.20, no material breach of any Material Contract or Additional Material Contract has occurred and is continuing.
Take Required Action to cause the Double E Joint Venture to comply with, maintain and enforce (a) each Material Contract, (b) each Additional Material Contract, and (c) each Material Permit; provided that if, after the Borrower has taken Required Action, the Joint Venture has not complied with the foregoing obligation, no breach of such obligation shall have occurred.
Enter into or become a party to any Additional Material Contract except upon delivery to the Administrative Agent of each Delivery Requirement with respect to such Additional Material Contract; provided, however, that the requirements of this Section 7.23 shall not apply to Construction Contracts.

More Definitions of Additional Material Contract

Additional Material Contract has the meaning specified in the defined term “Material Contracts”.

Additional Material Contract has the meaning given to it in Section 10.4(b).

Additional Material Contract means any Material Contract entered into after the Document Closing Date relating to the development, construction, maintenance or operation of the Project.

Additional Material Contract has the meaning given to such term in Section 4.1.6(f).

Additional Material Contract means any contract, or series of related contracts, entered into by the Borrower or any other Loan Party with respect to the Refinery that provides for payment by Borrower or such Loan Party of, or the provision to Borrower or such Loan Party of, goods or services with a value in excess of $5,000,000 annually or $15,000,000 in the aggregate over its term, but excluding (i) any contract or series of related contracts, relating to any Indebtedness permitted by Section 6.01, (ii) any Swap Contract, and (iii) any contract, or series of related contracts, which is required under emergency circumstances requiring immediate action to resume or maintain operation of the Refinery in accordance with Prudent Industry Practices or to avoid imminent threat to human life or property.

Additional Material Contract means a contract for the performance of services or delivery of goods by the Debtors entered into after the Petition Date, which contract provides for net cash payments to the Debtors in excess of $2,000,000 in the aggregate payable during the one (1)-year period immediately following the date the contract is awarded to the Debtors, and which contract is otherwise in form and substance, and for a project or projects, acceptable to the Lender in its sole and absolute discretion. “Additional Material Contracts” means the collective reference to each Additional Material Contract.

Additional Material Contract means each Transportation Agreement and each Capacity Lease Agreement, in each case into which the Double E Joint Venture enters after the Closing Date that (a) has the effect of increasing the committed capacity beyond the committed capacity as of the Closing Date and (b) is taken into account in the most recent Adjusted Base Case Model; provided that the Double E Joint Venture shall not enter into any such agreement unless the Borrower delivers to the Administrative Agent a certificate from (x) the Independent Engineer, certifying that (i) the Project has sufficient uncontracted capacity to service such Additional Material Contract (it being understood that no such certificate shall be required in the case of Additional Material Contracts with respect to a Permitted Expansion), (ii) such Additional Material Contract will have no material adverse impact on the overall Project cash flows and (iii) such Additional Material Contract would not trigger any “most favored nation” provision under any other Transportation Agreement, in each case which is a Material Contract, and (y) a Responsible Officer of the Borrower, certifying that such Additional Material Contract would not result in a material breach of, or material default under, any other Transportation Agreement or Capacity Lease Agreement nor trigger the application of any “most favored nation” provision under any other Transportation Agreement, in each case which is a Material Contract.