Material Customer Agreement definition

Material Customer Agreement means any Customer Agreement that both (a) provides for annual payments in an amount equal to or greater than $5,000,000 and (b) may not be cancelled by the applicable Customer (or related Affiliate) without at least 30 days’ notice and payment of a termination fee, penalty or other cancellation fee.
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Material Customer Agreement has the meaning set forth in Section 4.11(a).
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Material Customer Agreement means any Customer Agreement with any Material Customer.
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Examples of Material Customer Agreement in a sentence

  • Section 4.19(a) of the Company Disclosure Letter sets forth a list of the customers of the Company and the Company Subsidiaries that have a Contract with the Company or a Company Subsidiary pursuant to which the Company or any Company Subsidiary received revenue during the fiscal year ended December 31, 2018 in excess of $500,000 (each, a “ Material Customer ” and each such contract, a “ Material Customer Agreement ”).

  • As of the date hereof, neither the Company nor any Target Company has received any written notice from any Material Customer that such Material Customer shall not continue as a customer of the Company or that such Material Customer intends to terminate or adversely modify in any material respect any existing Material Customer Agreement with the Company or the Target Companies.

  • True, correct and complete copies of each Material Customer Agreement in effect as of the date of this Agreement, including all amendments, modifications and supplements thereto, have been made available to Buyer.

  • Except as set forth in Section 4.21(c) of the Company Disclosure Schedule, as of the date of this Agreement, no Material Customer has expressed in writing to any Group Company its current intention to cancel or otherwise terminate the relevant Material Customer Agreement, other than in accordance with the scheduled expiration of such Material Customer Agreement.


More Definitions of Material Customer Agreement

Material Customer Agreement means each agreement between the Borrower and one or more of its customers which is now in effect and each such agreement that is hereafter entered into and which, in each such case, gives rise to, or may give rise to, an Account and which can reasonably be expected to provide for aggregate payments to the Borrower over the life of the agreement in the aggregate amount of $1,000,000.00 or more.
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Material Customer Agreement means any Customer Agreement by any Customer in a Contributed Market which (a) provides for annual Fees or other payments in an amount equal to or greater than $5,000,000, and (b) may not be cancelled by the applicable Customer (or related Affiliate) on thirty (30) days’ notice without payment of a termination fee, penalty or other cancellation fee.
Sample 1
Material Customer Agreement has the meaning set forth in Section 4.11(a). “Material Supplier” has the meaning set forth in Section 4.11(b). “Material Supplier Agreement” has the meaning set forth in Section 4.11(b). “Merger” has the meaning set forth in Recital A of this Agreement. “Merger Consideration” has the meaning set forth in Section 3.1(b). “Merger Filing” has the meaning set forth in Section 2.3. “Merger Sub” has the meaning set forth in the preamble of this Agreement. “Nasdaq” means the Nasdaq Global Select Market. “New Plans” has the meaning set forth in Section 6.11(c). “NIC” has the meaning set forth in the preamble of this Agreement. “NIC Acquisition Agreement” has the meaning set forth in Section 6.3(a). “NIC Board of Directors” has the meaning set forth in Recital B of this Agreement. “NIC Board Recommendation” has the meaning set forth in Recital B of this Agreement. “NIC Capitalization Date” has the meaning set forth in Section 4.4(a). “NIC Common Stock” means the Common Stock, $0.0001 par value per share, of NIC. “NIC COVID Action” means any reasonable action taken or omitted to be taken that NIC reasonably determines to be necessary or prudent for NIC or any NIC Subsidiary to take in connection with or in response to COVID-19, including the establishment of any policy, procedure or protocol, in each case in connection with or in response to: (a) events surrounding any pandemic or public health emergency caused by COVID-19; (b) reinitiating operation of all or a portion of NIC’s and the NIC Subsidiaries’ respective businesses; (c) mitigating the effects of such events, pandemic or public health emergency on the business of one or more of NIC and any NIC Subsidiaries; or (d) protecting the health and safety of customers, employees and other business relationships and to ensure compliance with any legal requirements.
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Related to Material Customer Agreement

  • Material Customer has the meaning set forth in Section 3.18(a).

  • Material Customers has the meaning set forth in Section 3.15(a).

  • Customer Agreement means a written agreement entered into between Provider and any Customer pursuant to which a Customer orders BPO Services from Provider.

  • Supplier Agreement means this overarching agreement, consisting of these terms and conditions and any schedules to them, setting out the arrangements for management of the DPS, the process to apply when a Customer wishes to award Service Agreements via the DPS and the terms and conditions applicable to the carrying out of Service Agreements;

  • Existing Customer means an individual who has purchased goods or services from a person, who is the recipient of a voice communication from that person, and who either paid for the goods or services within the 12 months preceding the voice communication or has not paid for the goods and services at the time of the voice communication because of a prior agreement between the person and the individual.

  • Reseller Agreement means the separate agreement between Customer and Reseller regarding the Services. The Reseller Agreement is independent of and outside the scope of This Agreement.

  • Significant Customer has the meaning set forth in Section 5.22(a).

  • Customer Contract means any written contract or agreement (other than trade contracts) between Seller and any of its customers (or under which Seller has rights) which has been entered into and signed by the parties thereto in connection with the publication of the Directories and corresponding provision of Directory Services.

  • Parent Material Contract shall have the meaning set forth in Section 4.16(a).

  • Client Agreement means the agreement between the Company and the Client, which together with the Terms of Business are defined as “Operative Agreements” and govern the terms on which the Company deals with the Client.

  • Client Contract means a futures or option contract between us and you, which is matched by an identical Contract;

  • Significant Customers shall have the meaning set forth in Section 3.19.

  • Company Material Contract has the meaning set forth in Section 3.15(a).

  • Major Customer shall have the meaning set forth in Section 4.22(a).

  • Major Customers has the meaning set forth in Section 3.22.

  • Customer Service Agreement shall have the meaning as defined in the Master Agreement. “ Customer User” means an employee of Customer, a Customer Affiliate or Business Partner.

  • Business Customer means a customer who is not a residential customer.

  • Top Customers has the meaning specified in Section 4.28(a).

  • TCP Customers We will not impose Credit Management Charges unless the Charges are a reimbursement of our costs and you are advised of their amount or method of calculation.

  • Customer Contracts means any Contracts pursuant to which the Company has provided or will provide products or services in connection with the Business.

  • financial service supplier means any natural or juridical person of a Party wishing to supply or supplying financial services but the term “financial service supplier” does not include a public entity;

  • Retail customer means any person that purchases retail electric energy for its own consumption at

  • Commercial customer means a customer who is acting within their trade or profession in respect of the insurance cover requested or arranged.

  • Top Suppliers has the meaning set forth in Section 3.26(a).

  • Material Contract means any contract or other arrangement (other than Loan Documents), whether written or oral, to which any Credit 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.

  • service supplier means any person that supplies a service;