Assumed Contract definition

Assumed Contract shall have the meaning set forth in Section 1.03.
Assumed Contract has the meaning set forth in Section 2.1(b)(iv).

Examples of Assumed Contract in a sentence

  • Notwithstanding the foregoing, Buyer shall have no obligation (i) to expend funds to obtain any of the Consents or (ii) to agree to any adverse change in any License or Assumed Contract to obtain a Consent required with respect thereto.

  • Seller shall have obtained all consents of or notification to any third parties required by the terms of any Assumed Contract or applicable law for Seller to assign it rights and obligations to Buyer as contemplated by this Agreement.

  • Except as set forth on Schedule 5.10, there are no current or pending negotiations with respect to the renewal, repudiation or amendment of any Assumed Contract, other than in connection with negotiations for renewals and amendments in the ordinary course of business.

  • There is not under any Assumed Contract any default by any party thereto or any event that, after notice or lapse of time or both, could constitute a default.

  • Seller is not aware of any intention by any party to any Assumed Contract (i) to terminate such contract or amend the terms thereof, (ii) to refuse to renew the Assumed Contract upon expiration of its term, or (iii) to renew the Assumed Contract upon expiration only on terms and conditions which are more onerous than those now existing.


More Definitions of Assumed Contract

Assumed Contract means, except as otherwise provided in Section 2.4, any Contract to which Seller or any of its Affiliates is a party that relates primarily to the Business, other than Contracts included in Excluded Assets and listed on Schedule 1.1(c); provided, however, that this definition does not include any Employee Plans except as expressly contemplated by the Employee Agreement.
Assumed Contract is defined in Section 1.1(a)(4).
Assumed Contract means an Executory Contract (as modified or amended pursuant to the Plan, prior order of the Court, or by agreement of the parties) that is assumed by the Debtor pursuant to the Plan.
Assumed Contract means any contract of the Debtors that is not set forth on Exhibit E to the Plan, as amended from time to time.
Assumed Contract means any Contract arising from, related to, used or held for use in, or with respect to, the Business or the Purchased Assets to which the Seller or any of its Affiliates is a party, under which the Seller or any of its Affiliates may have any rights or by which the Seller, any of its Affiliates, the Business or any of the Purchased Assets may be bound, and all bids, quotations and proposals therefor, other than the Excluded Contracts.
Assumed Contract means the Contracts or portions of the Contracts identified in Section 6.06 of the Seller Disclosure Schedule.
Assumed Contract means any Contract or portion of a Contract to which ---------------- Seller or any of its Affiliates is a party that relates exclusively to the manufacture, marketing, sale or distribution of the Product, including those Contracts listed on Section 6.06 of the Seller Disclosure Schedule, but excluding any Multi-Product Contracts.