DMS Contracts definition
Examples of DMS Contracts in a sentence
Except as set forth on Schedule 4.8 attached hereto, DMS does not have any contracts, agreements, leases, licenses, arrangements, commitments and other undertakings (collectively the "DMS Contracts") to which it is a party or to which it or its property is subject.
Except as set forth on such Schedule 4.8 attached hereto, DMS is not in material default under any of the DMS Contracts and, to the knowledge of DMS, no other party to any DMS Contract to which DMS is a party is in default thereunder nor, to the knowledge of DMS, does there exist any condition or event which, after notice or lapse of time or both, would constitute a default by any party to any such DMS Contract.
The Covenantors shall, with effect from Completion, and otherwise on the terms of this clause (i) assign to the order of the Purchaser, or procure the assignment to the order of the Purchaser, all the Reseller Contracts which are capable of assignment without a Third Party Consent and (ii) procure the novation of the DMS Contracts in favour of the Purchaser.