Service Contracts definition
Examples of Service Contracts in a sentence
Seller shall have terminated all Excluded Service Contracts as of or before the Closing Date.
Prior to the end of the Due Diligence Period, Buyer shall review all Service Contracts and provide to Seller a written list of those Service Contracts which Buyer would like Seller to terminate as of or prior to the Closing Date (the “Excluded Service Contracts”).
Seller shall keep and perform all of the obligations to be performed by Seller under the Service Contracts and shall not amend or modify any Service Contracts without the prior written consent of Buyer, which shall not be unreasonably withheld, conditioned or delayed.
Seller shall terminate all Excluded Service Contracts designated by Buyer on or before the Closing Date.
In the event that Buyer does not provide Seller with a list of Excluded Service Contracts within the time period described above, it shall be deemed that Buyer has elected to not designate for termination any Excluded Service Contracts.