COC Contracts definition
COC Contracts means any Contract to which Fly or any of its Subsidiaries, or any other Person to which the Partnership or any of its Subsidiaries provides asset management or other services, is a party or by which any of such Persons’ respective assets and properties are bound (including Contracts relating to Indebtedness and Material Contracts relating to insurance), that (i) provides that the Consent of any Person is required in connection with the transactions contemplated by this Agreement, (ii) provides that there will be a violation of, breach of, termination of, conflict with, or default under (or there will arise a right of termination, cancellation, payment or acceleration under) such Contract (x) as a result of the transactions contemplated by this Agreement or (y) if Summit or an Affiliate thereof ceases to own a specified (direct or indirect) equity interest in the Partnership or any of its Subsidiaries, if Summit or an Affiliate thereof ceases to manage the Partnership or any of its Subsidiaries, or if any member of the management or other employee of Summit, the GP, the Partnership or any Affiliate thereof ceases to be employed by such entity, or (iii) otherwise contains a change of control or “key man” provision that may be triggered in the event of any change in the ownership of Summit, the GP, the Partnership or any of their respective Subsidiaries, or the ceasing of any employee of such entities to serve in his or her capacity as such.
COC Contracts has the meaning given to it in clause 6.2.