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

Borrower and its Subsidiaries shall not breach any Material Contract, or otherwise default under any Material Contract, in each case, in such a manner as could reasonably be expected to give rise to a termination right of any other party to such Material Contract.
Notwithstanding anything in this Agreement to the contrary, any Material Contract (other than a Specified Material Contract) may be amended, modified, supplemented, terminated or replaced, or may expire in accordance with its terms, from time to time so long as any such amendment, modification, supplement, termination, expiration or replacement could not reasonably be expected to (A) be materially adverse to the Lenders or (B) result in a Material Adverse Effect.
Each Material Contract is a legal, valid and binding obligation of Borrower or its Subsidiaries and, to the knowledge of Borrower, each other party thereto, is enforceable in accordance with its terms and is in full force and effect, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors’ rights and to general equity principles.
Borrower and its Subsidiaries shall not amend or permit the amendment of any provision of any Material Contract the result of which would be materially adverse to the interests of the Administrative Agent and the Lenders (in their respective capacities as such) or which would adversely affect in any material respect any of Borrower’s or its Subsidiary’s rights with respect to any Product (Core).
Section 7.1(a) Material Contract ....................................................................................

More Definitions of Material Contract

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

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

Material Contract shall have the meaning specified in Section 4.14.