Examples of Existing Affiliate in a sentence
AB agrees not to enter into a Competitive Agreement with any Person; provided, however, that such restriction does not apply to any Competitive Agreement under which each Competitive Product covered by such Competitive Agreement was internally developed before or after the Effective Date by AB or an Existing Affiliate.
The restrictions contained in the foregoing sentence shall not apply to any payments made under the Existing Affiliate Contracts.
Existing Affiliate Organizations that cannot consistently sustain girls’ teams’ season to season may consider joining with another Affiliate Organization in close geographic proximity to create a new Girls Affiliate Organization, but only under the approval, supervision, and guidance of the Girls Committee.
The following new Schedules are hereby added to the Credit Agreement, each to read in its entirety as set forth in the corresponding Schedule to the Borrower Supplemental Agreement: Schedule 1.1(C) (Unrestricted Subsidiaries); Schedule 4.15 (Subsidiaries); Schedule 7.1 (Existing Liens); Schedule 7.2 (Existing Investments); Schedule 7.3 (Existing Indebtedness); Schedule 7.8 (Existing Affiliate Transactions); and Schedule 7.9 (Existing Burdensome Agreements).
The Corporation will earn no commission with respect to the Sales Revenue of an Existing Affiliate unless such Existing Affiliate enters into a written modification of its existing agreements with MTC pursuant to which such Existing Affiliate agrees to (y) use the Affiliate Support Services provided by the Corporation, and (z) modify its commission schedule with MTC.