Key Contract definition
Key Contract means: (a) each agreement and contract listed in the Appendix (List of Key Contracts) to Schedule 14.3 (Key Contracts) as at the date of the Franchise Agreement; and (b) any other agreement, contract, licence or other arrangement to which the Franchisee is a party or under which the Franchisee is the beneficiary from time to time which is designated as such pursuant to Schedule 14.3 (Key Contracts), but excluding any such agreement, contract, licence or other arrangement which ceases, in accordance with the terms of the Franchise Agreement, to be designated as a Key Contract;
Key Contract means any one of the following Contracts for Work Developer causes to be performed:
Key Contract means any Purchase Order or any other agreement between the Customer and the Supplier where the Customer is an Operator and which is designated by the Secretary of State to be a ‘Key Contract’ in accordance with a Rail Services Agreement but excluding any such agreement once it ceases to be designated as a Key Contract;
Examples of Key Contract in a sentence
Developer shall not terminate any Key Contract with a Key Contractor, or permit or suffer any substitution or replacement (by way of assignment of the Key Contract, transfer to another of any material portion of the scope of work, or otherwise) of such Key Contractor, except in the case of material default by the Key Contractor or with TxDOT’s prior written approval in its good faith discretion.
If the Contract with the Affiliate is a Key Contract, it shall be subject to TxDOT’s approval as provided in Section 10.3.1.
In other cases, additional pages may be provided based on certain aspects of the Respondent’s Proposal or organization, such as the number of organizational charts submitted reflecting arrangements with Material Subcontractors, or the number of Key Contract Personnel included in the Proposal for Respondents proposing to serve more than one MCO Program.
If the Contract with the Affiliate is a Key Contract, it shall be subject to the Department’s approval as provided in Section 7.3.1.
Developer shall not terminate any Key Contract, or permit or suffer any substitution or replacement (by way of assignment of the Key Contract, transfer to another of any material portion of the scope of work, or otherwise) of any Key Contractor, except in the case of material default by the Key Contractor or with IFA’s prior written approval in its good faith discretion.
More Definitions of Key Contract
Key Contract means (i) each Contract with a Material Customer; and (ii) each of the top 25 RemainCo Contracts that are Customer Contracts by MRR, determined by reference to MMR in the last full calendar month immediately prior to Completion;
Key Contract means a contract entered into on behalf of the Member Authorities as directed by the Joint Committee with a Utility Supplier which the Joint Committee designates as a contract during which a Member Authority may not withdraw from membership of the Joint Committee. Contracts for the supply of gas and electricity shall automatically be deemed Key Contracts unless otherwise agreed by the Joint Committee. Key Decision A decision likely to be taken by the Joint Committee, or by an officer pursuant to a delegation by the Joint Committee, which is likely to result in income, expenditure or savings of £500,000 or greater, or to have a significant effect, on, two or more Electoral Divisions of a Member Authority.
Key Contract means any agreement, contract, licence or other arrangement to which the Operator is a party or under which the Operator is the beneficiary from time to time which is designated as such pursuant to Schedule 18.1 (Continuity of Services) but excluding any such agreement, contract, licence or other arrangement which ceases, in accordance with the terms of this Agreement, to be designated as a Key Contract;
Key Contract means each Contract (excluding contracts for the purchase of gaming equipment or gaming systems) with an individual contract amount in excess of $4,000,000, each of which is set forth on Exhibit F (as such Exhibit may be updated pursuant to the terms of this Agreement).
Key Contract means each of the following written Contracts to which the Company or any of its Subsidiaries is a party: (a) any Contract involving an aggregate amount of $500,000 or more received or collected by the Company or any Subsidiary; (b) any Contract involving an aggregate amount of $500,000 or more paid by the Company or any Subsidiary; (c) joint venture or partnership agreements or Contracts that involve a sharing of profits or revenue with other Persons or that provides for the payment of referral fees or bounties; (d) employment agreements with respect to employees with annual base compensation in excess of $180,000 per year, that are not terminable at will by the Company or any Subsidiary without penalty; (e) Contracts providing for bonus, incentive, commission, severance, retention, change in control or other similar payments to any employee; (f) Contracts containing any covenant limiting the ability of the Company or any Subsidiary to engage in any line of business, to conduct business in any geographic location or to compete with any business or Person; (g) Contracts under which the Company or any Subsidiary has borrowed or loaned money, or any note, bond, indenture, mortgage, installment obligation or other evidence of indebtedness for borrowed or loaned money or any guarantee of such indebtedness, in each case, relating to amounts in excess of $500,000; (h) guaranties or suretyships of the Company or any Subsidiary involving underlying obligations of not less than $500,000; (i) Contracts relating to the lease of any real property; (j) Contracts with a “most favored nations” pricing or exclusivity provision; (k) Contracts granting a power of attorney, agency or similar authority to another Person; (l) Contracts between or among the Company and Sellers or any Affiliate of Sellers; (m) Contracts pursuant to which the Company licenses (in-bound or out- bound) or uses Intellectual Property that is material to the Company’s business (excluding, however, any licenses for software that can be purchased “off the shelf”); (n) Contracts with any Governmental Authority; (o) Contracts with any labor union or association representing any employee; and (p) any other Contracts that are material to the business operations of the Company.
Key Contract means each of the following written Contracts to which the Company or any of its Subsidiaries is a party: (a) any Contract for which the Company is currently performing work (i.e. Contracts for working in progress) involving an aggregate amount of $5,000,000 or more received and/or to be collected by the Company or any Subsidiary; (b) any Contract for which the Company is currently receiving goods and/or services involving an aggregate amount of $500,000 or more paid by the Company or any Subsidiary as of the Latest Balance Sheet Date; (c) joint venture or partnership agreements or Contracts that are currently in effect that involve a sharing of profits or revenue with other Persons or that provides for the payment of referral fees or bounties; (d) employment agreements with respect to current employees with annual base compensation in excess of $180,000 per year, that are not terminable at will by the Company or any Subsidiary without penalty; (e) Contracts providing for bonus, incentive, commission, severance, retention, change in control or other similar payments to any employee; (f) Contracts containing any covenant limiting the ability of the Company or any Subsidiary to engage in any line of business, to conduct business in any geographic location or to compete with any business or Person; (g) Contracts under which the Company or any Subsidiary has borrowed or loaned money, or any note, bond, indenture, mortgage, installment obligation or other evidence of indebtedness for borrowed or loaned money or any guarantee of such indebtedness, in each case, relating solely to Contracts which, as of the Latest Balance Sheet Date, have amounts outstanding or are otherwise active which involve amounts in excess of $500,000; (h) active guaranties or suretyships of the Company or any Subsidiary involving underlying obligations of not less than $500,000; (i) Contracts relating to the lease of any real property; (j) Contracts with a “most favored nations” pricing or exclusivity provision; (k) Contracts granting a power of attorney, agency or similar authority to another Person; (l) Contracts between or among the Company and its officer, directors or Company Stockholders or any their respective Affiliate; (m) Contracts pursuant to which the Company licenses (in-bound or out-bound) or uses Intellectual Property that is material to the Company’s business (excluding, however, any licenses for software that can be purchased “off the shelf”); (n) Contracts with any Gover...
Key Contract means each of the following oral or written contracts or oral or written agreements to which any of the Target Companies is a party: (a) any agreement involving an aggregate amount of $100,000 or more received or collected (or anticipated to be received or collected) by any of the Target Companies in any twelve (12)-month period; (b) any agreement involving an aggregate amount of $100,000 or more paid (or anticipated to be paid) by any of the Target Companies in any twelve (12)-month period to a supplier of any of the Target Companies (other than contracts that by their terms may be terminated by any of the Target Companies in the ordinary course of its business upon less than ninety (90) days’ notice without penalty or premium); (c) joint venture or partnership agreements; (d) employment agreements with respect to employees with annual base compensation in excess of $75,000 per year, that are not terminable at will by any of the Target Companies without penalty; (e) severance agreements and employee termination arrangements or change of control agreements, in any such case, that provide for more than two (2) months of severance; (f) agreements or contracts containing any covenant limiting the ability of any of the Target Companies to engage in any line of business or to compete with any business or Person; (g) agreements or contracts under which any of the Target Companies has borrowed or loaned money, or any note, bond, indenture, mortgage, installment obligation or other evidence of indebtedness for borrowed or loaned money or any guarantee of such indebtedness; (h) guaranties or suretyships of any of the Target Companies; (i) any agreement that grants any exclusive marketing, distribution, Intellectual Property or other similar rights to any third party; (j) any agreement that contains any form of most-favored pricing provision in favor of any customer or supplier of any Target Company; (k) any agreement that requires any performance collateral in the form of payment bonds, performance bonds, warranty bonds and/or bank letters of credit; (l) any collective bargaining agreement or similar labor agreement involving any Target Company employees or covering any Target Company operation or activity; (m) any agreement to pay or receive any royalty or license fee for any Intellectual Property (other than any non-exclusive license for the use of any commercially available off-the-shelf software which was entered into in the ordinary course of business); (n) ea...