Completed Contracts definition

Completed Contracts means those contracts and agreements to which any of the Companies is a party and in respect of which such Company has completed the provision of the products and services to be provided by such Company (other than products or services relating to deficiencies or warranties which such Company is obligated to remedy or honour).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Completed Contracts means (a) all of the Company’s contracts, subcontracts, purchase orders, work orders, leases, subleases, licenses, sublicenses, and other agreements of any kind or nature that have been fully performed on or prior to Closing and (b) with respect to the Company’s contracts, subcontracts, purchase orders, work orders, leases, subleases, licenses, sublicenses, and other agreements of any kind or nature with customers or clients, under which the customer or client does not have the right to request, demand or order any additional goods or services after Closing, including those listed or described on Schedule A-8 (“Completed Contracts”);

Completed Contracts means any contract, order, call off or other arrangement for the supply of goods by ▇▇▇▇▇ (or by any other ▇▇▇▇▇ Group Company as agent or trustee for ▇▇▇▇▇) in relation to the LAO Activity, whether or not made pursuant to an Excluded Contract (but excluding the Excluded Contract itself)

Examples of Completed Contracts in a sentence

• Yes No (Check one) If Yes, Explain: List Completed Contracts within the Past Three Years, Including Amount of Each: List of Current Contracts, Including Amount of Each: Customer Reference (state name, address, and phone number): List each subcontractor you plan to use if awarded the contract.

• Seller shall retain the Retained Partially Completed Contracts following the Closing, and will retain the obligations and duties under the Retained Partially Completed Contracts following Closing, but shall utilize Buyer exclusively as Seller’s agent to perform the services to the customer required to complete the Retained Partially Completed Contracts following Closing.

• Following the Closing, Seller and Buyer shall cooperate to ensure that Buyer and Seller share in the Economic Benefit (defined below) of each of the Acquired Partially Completed Contracts based on the percentage of the total contract that was completed by Seller prior to the Closing as compared to the total percentage of the contract that was completed by Buyer following the Closing.

• After each of the Acquired Partially Completed Contracts has been completed by Buyer following the Closing, Buyer shall, as soon as practicable, provide Seller with a complete accounting of the cost incurred by Buyer in performing such contract, and Buyer shall pay Seller, or Seller shall pay Buyer, as the case may be, in order to ensure that Buyer and Seller each receive their appropriate percentage of the total Economic Benefit from each such contract.

• Schedule 2.21 to the Seller Disclosure Letter sets forth all of the Direct Cost that Seller has incurred in performing the Acquired Partially Completed Contracts as of the Closing Date and shall be the Direct Cost used following the Closing to calculate the percentage of total Direct Cost incurred by Seller prior to the Closing as compared to the percentage of total Direct Cost incurred by Buyer following the Closing.

• If the Canadian Transfer does not occur, for purposes of calculating the Adjustment Amount, the Canadian Assets attributable to Completed Contracts and Rejected Contracts shall not be deemed to be Adjustment Assets and the Canadian Liabilities shall not be deemed to be Adjustment Liabilities.

• The Closing Balance Sheet will be prepared in accordance with GAAP applied on a basis consistent with the presentation of the March 31 Balance Sheet except with respect to the classification of the TPPI Equipment and except for using estimated costs of completion, change order recoveries and claim recoveries with respect to Rejected Contracts and Completed Contracts and liability estimates with respect to matters set forth in Section 2.04(f) as of March 31, 2000 without further revisions.

• Seller and Buyer shall cooperate with each other in good faith to ensure that all customers party to a Retained Partially Completed Contract (other than Prohibited Retained Partially Completed Contracts), properly direct to Seller all payments owed to Seller thereunder.

• In the event that Seller should assume any such Rejected Contract, Buyer shall, to the extent permitted by Legal Requirements, grant to Seller a non-exclusive, royalty-free license to use or exploit those items constituting Intellectual Properties as may be reasonably necessary to perform such Rejected Contract assumed by Seller pursuant to this Section 5.14(b) and the Completed Contracts.

• In the event that Sellers should assume any such Rejected Contract, Buyer shall gran▇ ▇▇▇▇▇▇▇ ▇ ▇on-exclusive, royalty-free license to use or exploit those items constituting Intellectual Properties as may be reasonably necessary to perform such Rejected Contract assumed by Sellers pursuant to this Section 5.16(b) and the Completed Contracts.

More Definitions of Completed Contracts

Completed Contracts has the meaning set forth in the definition of StarCo Termination Agreement.

Completed Contracts means Government Contracts which expired, were terminated or for which final payment was received within the three years preceding the date of this Agreement; and the term "Bid" shall mean any quotation, bid or proposal made by the Parent, the Sellers, the Companies or their Subsidiaries that, if accepted or awarded, would lead to a contract with the U.S. Government for the design, manufacture and sale of products or the provisions of services by the Companies or their Subsidiaries.

Completed Contracts means any customer Contract of the Richmond Information Systems Business under which, as at the Closing Date, all delivery and service obligations (other than warranty obligations) of MDA have been satisfied or completed;

Completed Contracts means any customer Contract of the Purchased Businesses under which as at Closing all delivery and service obligations (other than warranty obligations) of the Vendor have been satisfied or completed;