Blocker Contract definition
Examples of Blocker Contract in a sentence
Part 4.6(a) of the Disclosure Schedule accurately sets forth, as of the date of this Agreement, each Blocker Contract.
No Person has threatened to terminate or refuse to perform its obligations under any Blocker Contract (regardless of whether such Person has the right to do so under such Contract).
No Person is actively renegotiating, or has a contractual right pursuant to the terms of any Blocker Contract to unilaterally renegotiate, any amount paid or payable to any Blocker Entity under any Blocker Contract or any other material term or provision of any Blocker Contract.
No Blocker Entity has received any notice or other communication regarding any actual or possible violation or breach of, or default under, any Blocker Contract.
No Blocker Entity has, in any material respect, violated or breached or committed any default under any Blocker Contract which remains uncured and no other Person has, in any material respect, violated or breached or committed any default under any Blocker Contract which remains uncured.
No Blocker Entity has waived any of its respective material rights under any Blocker Contract.
Each Blocker Contract is valid and in full force and effect, and is enforceable by the applicable Blocker Entity in accordance with its terms, subject to: (i) laws of general application relating to bankruptcy, insolvency and the relief of debtors; and (ii) rules of law governing specific performance, injunctive relief and other equitable remedies.
Part 4.3(d) of the Disclosure Schedule accurately identifies each Blocker Contract relating to any Blocker Units or other securities of any Blocker Entity that contains any voting rights, information rights, rights of first refusal, registration rights, financial statement requirements or other terms that would survive the Closing.
Part 4.6(b) of the Disclosure Schedule provides an accurate and complete description of the material terms of each Blocker Contract that is not in written form.