Material Procurement Contract definition
Material Procurement Contract means any material contract for the sale or lease to the Company of goods or services necessary for the construction, operation or maintenance of the Facilities (and, for the avoidance of doubt, not the performance of general and administrative services) that the Companies are not reasonably likely to be able to replace in the ordinary course of business on reasonably comparable terms.
Examples of Material Procurement Contract in a sentence
LED shall use its commercially reasonable efforts to cause the rights and obligations of LED Effects under the Material Procurement Contract, dated August 28, 2007, by and between ▇▇▇▇ Disney Imagineering, a division of ▇▇▇▇ Disney World Co., a Florida corporation, and LED Effects to be assigned to LSG promptly following the Closing.