Material Government Contract means any Government Contract that is a Material Contract.
Material Government Contract means, with respect to each Grantor, a contract between such Grantor and either (i) the Federal Government or (ii) a state or local government of the United States or any agency or instrumentality thereof, that provides for payments to such Grantor in an aggregate amount exceeding $2,000,000.
Material Government Contract means a Government Contract with potential payment obligations by a Governmental Authority to the Borrower or any of its Subsidiaries which are in excess of $5,000,000.
Examples of Material Government Contract in a sentence
Neither GEO nor any of its Subsidiaries is on the date hereof party to any Material Contract other than the Loan Documents, the Material Government Contract identified on Schedule 3.7 to the Collateral Agreement and the Senior Notes Indentures.
More Definitions of Material Government Contract
Material Government Contract means a Government Contract with a Governmental Authority with reported revenues representing at least 10.0% of the total Consolidated revenues of the Borrower and its Subsidiaries for the most recently completed fiscal year.
Material Government Contract means any Government Contract, with respect to which the aggregate amount of EBITDA reasonably attributable to such Government Contract for the four fiscal quarters ending on or most recently ended prior to any date of determination is greater than ten percent of EBITDA for the same four fiscal quarter period.
Material Government Contract means any Government Contract, and where applicable, individual delivery and individual task orders under any Government Contract, (i) listed on Schedule 8.15 or (ii) (A) involving, or which may involve, monetary liability under open orders or accounts receivable thereunder in an amount in excess of $2,000,000 over the remaining term of such contract and (B) that has a remaining term of greater than six (6) months.
Material Government Contract means a Government Contract with a remaining term in excess of six (6) months pursuant to which the aggregate value of goods or services to be provided thereunder exceeds $5,000,000 over the remaining term of such contract.
Material Government Contract has the meaning set forth in the Collateral Agreement.
Material Government Contract means any Government Contract for which: (i) the total contract value, in the aggregate (including the exercise of any options), is $3,000,000 or greater and for which the original contract was executed since January 1, 2018 through the date of this Agreement, and which either (a) is with respect to or involves the direct or indirect provision of any goods or services to any intelligence, defense or military branch of any U.S. Governmental Entity or (b) to the knowledge of the Company, involves the direct or indirect provision of any Defense Article or Defense Service as defined in 22 C.F.R. 120.6 and 22 C.F.R. 120.9 to an end-user that is an intelligence, defense, or military branch of a non-U.S. Governmental Entity as determined by relevant end-user statement on applicable license or authorization or equivalent requirements in the jurisdiction from which the goods or services are provided; (ii) the total contract value, in the aggregate (including the exercise of any options) is $5,000,000 or greater; or (iii) any security clearance or similar authorization is required, including due to the classified or secret nature of such work.
Material Government Contract means any Government Contract involving monetary liability of an agency, department or instrumentality of the United States or any state, municipal or local Governmental Authority located in the United States in excess of $10,000,000 per annum (calculated based on the portion of the revenues from any such contract that are for the account of the applicable Grantor with any such revenues that have been assigned by such Grantor to a third person being disregarded for the purposes of such calculation).