Unassignable Contracts definition

Unassignable Contracts has the meaning set forth in Section 6.4(d).
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Unassignable Contracts means contracts, agreements, orders, commitments and other engagements of Triant Holdings or its Subsidiaries with third parties existing prior to the Closing Date which are not assignable by Triant Holdings or its Subsidiaries to the Buyer without the consent of the other party thereto, and which are void or voidable or terminate or are terminatable in the event such consent is not obtained, and for which such consent is not obtained prior to the Closing Date.
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Unassignable Contracts means any agreement, contract or other ---------------------- arrangement entered into prior to the Effective Date between Company and any of its customers for the provision of Continuing Obligations, which agreement, contract or other arrangement is not assigned to Supplier pursuant to the Asset Purchase Agreement (or any collateral documents related thereto), as such agreement, contract or other arrangement may from time to time be amended, supplemented or modified with the consent of Supplier pursuant to Article ------- 2.0 hereof or renewed pursuant to Article 5.0(b) hereof. --- --------------
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Examples of Unassignable Contracts in a sentence

  • Seller acknowledges that the inability to assign any of the Unassignable Contracts shall not relieve Seller of the obligation to sell and deliver such of the Acquired Assets as shall be tangible and/or capable of being delivered or otherwise assignable.

  • Seller shall use all reasonable efforts to obtain the consent of all necessary third parties to the transfer or assignment to Purchaser pursuant to this Agreement of all Unassignable Contracts.

  • S&N US hereby agrees to indemnify and save harmless Westaim from any and all Damages incurred by Westaim in respect of any act or omission relating to the Unassignable Contracts caused by S&N US that arises any time after the Closing Date, in accordance with Article 6.

  • Correct and complete copies of all provisions of the Unassignable Contracts that are relevant to the performance of Supplier's obligations under this Agreement shall have been delivered to Supplier on or prior to the Effective Date.

  • Buyer and Seller acknowledge that certain of the Seller Contracts may not, by their terms or under applicable law, be assignable without obtaining third-party consents or approvals (collectively, "Unassignable Contracts").

  • Each of the Sellers shall use all reasonable efforts to obtain the consent of all necessary third parties to the transfer or assignment to the Purchaser pursuant to this Agreement of all Unassignable Contracts.

  • Triant Holdings and the Seller shall use their commercially reasonable efforts to assign and transfer at the earliest time the Unassignable Contracts to the Buyer.

  • The Buyer shall perform the remaining obligations under the Unassignable Contracts to the same extent as required hereunder with respect to the contracts among the Assumed Liabilities.

  • Following such assignment of Contract other than Unassignable Contracts, Seller and its Subsidiaries shall have no further obligations with respect to such consents not then obtained or with respect to any such unassignable assets and Purchaser shall be deemed to have assumed all liabilities related thereto.

  • The Company shall continue to perform under the terms of any Unassignable Contracts without such performance constituting a breach of this Agreement.


More Definitions of Unassignable Contracts

Unassignable Contracts has the meaning set forth in Section 1.8.
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Unassignable Contracts has the meaning contained in the Software License and ---------------------- Services Master Agreement. APPENDIX B ASSIGNED SOFTWARE
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Related to Unassignable Contracts

  • Non-Assignable Contract means any agreement, contract or license to which any Grantor is a party that by its terms purports to restrict or prevent the assignment or granting of a security interest therein (either by its terms or by any federal or state statutory prohibition or otherwise irrespective of whether such prohibition or restriction is enforceable under Section 9-406 through 409 of the UCC).

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • Shared Contracts has the meaning specified in Section 4.12(b).