Examples of Material Contract or Permit in a sentence
Schedule 4R of the Company Disclosure Letter lists all credit support provided by Seller or its Affiliates (each, a “Credit Support Obligor”) to or on behalf of the Company pursuant to applicable Law or the terms of a Material Contract or Permit, including guarantees, letters of credit, escrows, sureties and performance bonds, security agreements and other similar arrangements that are outstanding (collectively, the “Support Obligations”).
Any Material Contract or Permit and License identified in such a notice (each, an “Excluded Contract”) shall no longer be an Assigned Contract or an Assigned Permit and License.
If, as of the Closing Date, an attempted assignment of a contract other than a Material Contract or Permit (other than a Liquor License) would be ineffective or would affect Purchaser’s rights thereunder so that Purchaser would not in fact receive all such rights (the “ Non-assigned Contracts and Permits”), then such failure shall not affect the Closing except as hereinafter set forth.
Except as otherwise expressly permitted by this Agreement, between the date of this Agreement and the Closing Date, Seller will not, and will not cause or permit the Company to, without the prior consent of Purchaser, (a) make any modifications to any Material Contract or Permit except in the ordinary course of business and consistent with past business practices, or (b) enter into any compromise or settlement of any pending or threatened Litigation.
Any required authorization, consent, order, approval or waiting period (and any extension thereof) applicable to the purchase of the LLC Interests contemplated hereby shall have been received, expired or shall have been terminated, as appropriate, including without limitation those filings made under the HSR Act and any consents relating to any Material Contract or Permit.
The KRS shall follow the General Records Schedules for PKI systems established by the National Archives and Records Administration.
Seller shall cooperate with Purchaser, upon Purchaser’s reasonable request, in endeavoring to obtain the consent of, or authorization from, any Person required by any provision of any Real Property Lease, Personal Property Lease, Material Contract or Permit, or that otherwise may be required, in connection with the Transactions or the subsequent operation of the Business by the Company Group Entities after Closing (the “Third Party Consents”).
Except as otherwise expressly permitted by this Agreement, between the date of this Agreement and the Closing Date, the Pride Shareholders will not, and will not cause or permit Pride to, without the prior consent of H/Cell, (a) make any modifications to any Material Contract or Permit except in the ordinary course of business and consistent with past business practices, or (b) enter into any compromise or settlement of any pending or threatened Litigation.
All necessary notices to, Consents of and filings with any Governmental Authority relating to the consummation of the Transactions to be made or obtained by the Company shall have been made and obtained by it, and Parent and Purchaser shall have received all the Consents necessary under any Material Contract or Permit requiring consent to assignment.
Depreciation of such asset begins when it is available for use.The estimated useful lives of major categories of property, plant and equipment are as follows:・ Buildings and structures 3 - 60 years・ Machinery, equipment and vehicle 2 - 17 years・ Tools, furniture and fixtures 2 - 20 yearsThe depreciation method, the residual value and the estimated useful life are reviewed at each fiscal year-end and are subject to revise when necessary.