Terminable Contracts definition

Terminable Contracts means any Contract that can be terminated by the Company or any Company Subsidiary for any reason at the option of the Company or such Company Subsidiary, as the case may be, on not more than 90 days notice without material penalty to the Company or any Company Subsidiary.

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Terminable Contracts has the meaning set forth in Section 2.1(a)(v).

Terminable Contracts has the meaning given to such term in Section 4.9.

Examples of Terminable Contracts in a sentence

• There shall be no agreements or other obligations or liabilities with respect to all or any portion of the Property that are binding on the Partnership or the Property following Closing, other than the Leases, the Contracts (excluding the Terminable Contracts), the Permitted Exceptions, the Licenses required for the ownership, use or operation of the Property and other documents executed in connection with the foregoing.

• The Partnership agrees to terminate prior to Closing, at its own expense, the Terminable Contracts.

• Automated Quotations ("NASDAQ") system for the last preceding date on which the bid and asked prices were reported or (4) if the shares of Common Stock are not then listed on any securities exchange or prices therefor are not then quoted in the NASDAQ system, the value determined in good faith by the Company's Compensation Committee.

• The Partnership shall have terminated all of the Terminable Contracts on or before the Closing Date.

• The Buyer acknowledges that certain contracts pursuant to which the Company provides services or goods to a third Person are terminable at will by such Person or are subject to termination by such Person (or may otherwise give rise to remedies to such Person) if the execution of this Agreement or the sale of the Shares by the Shareholder pursuant to this Agreement is not consented to by such Person (the "Terminable Contracts").

• However, following the Closing, if requested by the Buyer, the Shareholder will, at the expense of the Buyer, use his reasonable best efforts to obtain such consents and will cooperate with the Buyer in any lawful arrangement designed to provide to the Buyer with the benefits under such Terminable Contracts.

• Seller shall have provided Buyer with copies of the termination notices sent by Seller to terminate the Terminable Contracts.

• Written evidence reasonably acceptable to the Company that all Terminable Contracts have been terminated on or prior to the Closing Date.

• Purchaser hereby gives Seller its Service Contract Termination Notice (as defined in Paragraph 5(g) of the Agreement of Sale) of Purchaser’s election to cause Seller to terminate all Terminable Contracts under Exhibit “I” of the Agreement of Sale.

• At such time (but no later than the 10th day after the Effective Date) as Seller, in good faith, believes that it has delivered to Purchaser all contracts affecting the Property that are terminable by the delivery of notice and/or the payment of a specified fee ("Terminable Contracts"), Seller will so notify Purchaser in writing.

More Definitions of Terminable Contracts

Terminable Contracts means those Contracts which are terminable by the ▇▇▇▇▇▇ Parties upon not more than thirty (30) days notice without cost or penalty.

Terminable Contracts means any Contract that can be terminated by the Company for any reason at the option of the Company, either (i) on not more than sixty

Terminable Contracts means those contracts material to any of the Selling Entities or Seller Designated Affiliates (other than Investment Contracts) which, by their terms or under applicable law, would, or would be required to, terminate as a result of the consummation of the transactions contemplated by this Agreement unless the parties' consent to the transfer of such contract is obtained, such Terminable Contracts as of the date hereof being listed on Schedule 0.1L.

Terminable Contracts means all contracts or agreements and rights under contracts or agreements between the Respondent and any Customer(s) for the supply of any Battery Separator in or to North America (including the entirety of any contract or agreement that includes in the same contract or agreement the supply of Battery Separators both inside and outside North America) in effect at any time from the date the Order becomes final and effective through the Effective Date of Divestiture; provided, however, that "Terminable Contracts" does not include any contracts or agreements between Respondent or Microporous and any Customer(s) for the supply of any Battery Separator that was entered into prior to the Acquisition Date, except to the extent such contract or agreement was amended or modified, including changes to the pricing terms, after the Acquisition Date; provided further, however, that such amended or modified portion of such contract or agreement shall be considered a "Terminable Contract."