Material Contract definition
Examples of Material Contract in a sentence
Each Company, and to the Knowledge of Sellers, each other party or parties thereto is or are in compliance in all material respects with the terms and requirements of each Material Contract, and no event has occurred that constitutes, or with notice or the passage of time or both would constitute, a default, violation or breach in any respect under any Material Contract.
No Company has received notice from any Person that is a party to any Material Contract regarding the termination, cancellation, or material change to the terms of any Material Contract, and no Company nor, to the Knowledge of Sellers, any other party thereto currently contemplates any termination, cancellation or material change to the terms of any Material Contract.
The Insurance Policies are comprised of the types and in the amounts required to be maintained under applicable Law and any Company Material Contract.
Other than Alchemy License Agreements, Alchemy is not a party to and is not bound by or under the terms of any Material Contract .
The Companies have delivered or made available to Buyer true, accurate and complete copies of each written Material Contract, in each case, as amended or otherwise modified and in effect.