Interdependent Contracts definition

Interdependent Contracts means each arrangement whereby (i) a Sold Company or Sold Subsidiary is acting as a subcontractor to the Company or any of its Subsidiaries (other than the Sold Companies and Sold Subsidiaries) with respect to a Contract with a Governmental Body, prime contractor, or higher-tier subcontractor; (ii) the Company or any of its Subsidiaries (other than the Sold Companies and Sold Subsidiaries) is acting as a subcontractor to a Sold Company or Sold Subsidiary with respect to a Contract with a Governmental Body, prime contractor, or higher-tier subcontractor; or (iii) a Sold Company or Sold Subsidiary is teaming, either as a prime contractor or subcontractor, with the Company or any of its Subsidiaries (other than the Sold Companies and Sold Subsidiaries) in pursuit of a Contract with a Governmental Body, prime contractor, or higher-tier subcontractor.
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Examples of Interdependent Contracts in a sentence

  • Other than entry into the Closing Interdependent Contracts at the Closing, the Company shall and shall cause its Subsidiaries not to amend any material term of, or waive any material right under, or terminate any Interdependent Contract set forth on Section 4.13(b) of the Company Letter without the Buyer’s consent, which consent shall not be unreasonably withheld, delayed or conditioned.

Related to Interdependent Contracts

  • Independent contract means a contract entered into by a health facility or agency with an individual who provides the contracted services independently or a contract entered into by a health facility or agency with a staffing agency that complies with the requirements of this section to provide the contracted services to the psychiatric facility or other facility defined in 42 USC 1396d(d) on behalf of the staffing agency.

  • Client Contract means a futures or option contract between us and you, which is matched by an identical Contract;

  • Employment Contracts means Contracts, whether oral or written, relating to a Business Employee, including any communication or practice relating to a Business Employee which imposes any obligation on Seller or any of its Subsidiaries.

  • Independent Contractor Either (i) any Person (other than the Master Servicer) that would be an "independent contractor" with respect to REMIC I within the meaning of Section 856(d)(3) of the Code if REMIC I were a real estate investment trust (except that the ownership tests set forth in that section shall be considered to be met by any Person that owns, directly or indirectly, 35% or more of any Class of Certificates), so long as REMIC I does not receive or derive any income from such Person and provided that the relationship between such Person and REMIC I is at arm's length, all within the meaning of Treasury Regulation Section 1.856-4(b)(5), or (ii) any other Person (including the Master Servicer) if the Trustee has received an Opinion of Counsel to the effect that the taking of any action in respect of any REO Property by such Person, subject to any conditions therein specified, that is otherwise herein contemplated to be taken by an Independent Contractor will not cause such REO Property to cease to qualify as "foreclosure property" within the meaning of Section 860G(a)(8) of the Code (determined without regard to the exception applicable for purposes of Section 860D(a) of the Code), or cause any income realized in respect of such REO Property to fail to qualify as Rents from Real Property.

  • IT Contracts means any agreements, licences or other contractual arrangements with third parties relating to the IT Systems or IT Services, including licences of all software, leases of hardware and other procurement of IT Systems or IT Services;