Material Contract definition

Material Contract means any contract or other arrangement (other than Loan Documents and Specified Derivatives Contracts), whether written or oral, to which the Borrower, any Subsidiary or any other Loan Party is a party as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could reasonably be expected to have a Material Adverse Effect.

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Material Contract has the meaning set forth in Section 3.12(a).

Material Contract means any contract of the Company that has been filed or was required to have been filed as an exhibit to the SEC Reports pursuant to Item 601(b)(4) or Item 601(b)(10) of Regulation S-K.

Examples of Material Contract in a sentence

• To the Knowledge of the Seller, no other party to any Material Contract is in material default or breach of such Material Contract.

• The Business (i) has complied in all material respects with the provisions of each such Material Contract, and (ii) is not in material default or material breach under the terms of any Contract (a “default” being defined for purposes hereof as an actual default or event of default or the existence of any fact or circumstance that would, upon receipt of notice or with the passage of time, constitute a default or give rise to a right of termination).

• The applicable Seller Party has not amended or waived in any material respect, granted any material consent under, or released or assigned any material right to any claims under, any Material Contract, or received notice of termination by a third party with respect to any Material Contract.

• To the Knowledge of the Seller, there currently exist no facts or circumstances that would serve as a basis for any material default or material breach of any Material Contract.

More Definitions of Material Contract

Material Contract has the meaning set forth in Section 4.8(a).

Material Contract means, with respect to any Person, each contract to which such Person is a party involving aggregate consideration payable to or by such Person of $5,000,000 or more in any year or otherwise material to the business, condition (financial or otherwise), operations, performance, properties or prospects of such Person.

Material Contract means (a) any contract or other agreement, written or oral, of the Borrower involving monetary liability of or to the Borrower in an amount in excess of $1,000,000 per annum, or (b) any other contract or agreement, written or oral, of the Borrower the failure to comply with which could reasonably be expected to have a Material Adverse Effect.

Material Contract means (a) any Management Agreement and any Restrictive Agreement and (b) any other contract, agreement, permit or license, written or oral, of the Credit Parties or any of their Subsidiaries as to which the breach, nonperformance, cancellation or failure to renew by any party thereto, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Material Contract means any Contract:

Material Contract means, with respect to any Person, each contract or other arrangement to which such Person is a party for which breach, nonperformance, cancellation or failure to renew could reasonably be expected to have a Material Adverse Effect.

Material Contract means any contract that an issuer or any of its subsidiaries is a party to, that is material to the issuer;