Significant Contract definition

Significant Contract has the meaning specified in Section 5.11(a).
Significant Contract has the meaning set forth in Section 4.13(b).
Significant Contract means any written contract, agreement, instrument, permit, lease or license of any Loan Party or any Subsidiary of any Loan Party, which is material to any such party’s business or which the failure to comply with could reasonably be expected to result in a Material Adverse Effect.

Examples of Significant Contract in a sentence

  • Subpart MP5349.70 - SPECIAL TERMINATION REQUIREMENTS MP5349.7001 Congressional Notification on Significant Contract Terminations (3)(v) “Contract price of the items terminated” means the contract price of the supplies or services not yet accepted that are being terminated.

  • Follow the procedures at PGI 249.7001 for congressional notification and release of information.See DoD Class Deviation 2011-O0002, Congressional Notification on Significant Contract Terminations, issued on October 8, 2010.

  • See DoD Class Deviation 2011-O0002, Congressional Notification on Significant Contract Terminations, issued on October 8, 2010.

  • See "--Electric Vehicle Cost Overruns and Significant Contract Losses." Automobile manufacturers demand on-time delivery of quality products, and some have required the payment of substantial financial penalties for failure to deliver components to their plants on a timely basis.

  • Final payment for audit services shall be made by the OSA upon completion of the audit, receipt of the required reports and any other information requested by the OSA, completion of the OSA’s review of the reports and any work papers deemed necessary, and receipt of a statement of actual hours incurred and a final billing statement.B. Significant Contract Provisions As part of the contract to be awarded, the Contractor will be required to: 1.


More Definitions of Significant Contract

Significant Contract means (a) any Contract which evidences or secures indebtedness of a Party (other than a deposit) with a balance outstanding of $100,000 or more, which cannot be redeemed or prepaid at the option of such Person for an amount which, when added to the outstanding principal balance, would be less than $100,000, (b) any Contract, except a lease of real or personal property, to which such Party is a party or by which it is bound, if (i) such Contract was not made in the Ordinary Course of Business by such Party, or (ii) the performance or nonperformance of such contract could either (X) increase the Liabilities or decrease the Assets of the Party, or (Y) decrease the income or increase the expenses of such Party, in each case by $100,000 or more over the remaining term of the Contract, exclusive of all optional renewal periods and extensions of the term; provided, however, that any such Contract shall not be deemed to be a Significant Contract in the event such Party has the contractual right to terminate the Contract in question on 30 days' notice or less, without incurring a penalty or premium in excess of $100,000. It is understood that Significant Contracts do not include loans or commitments to fund loans or to extend credit.
Significant Contract means the following contracts, in each case as the same may be amended, modified or supplemented from time to time in accordance with this Agreement:
Significant Contract means any Contract filed or required to be filed as an exhibit to the Company SEC Reports (as defined in Section 4.8(a)), any Employment Contract (as defined in Section 4.14(h)) or any Contract that is required to be disclosed in the Company Disclosure Schedule pursuant to Sections 4.13(a) through (l), (C) "Law" means any material federal, state, foreign or local law, statute, ordinance, rule, regulation, order, judgment or decree, and (D) "Permit" means any material franchise, grant, authorization, license, permit, easement, variance, exemption, consent, certificate, identification and registration number, approval or order issued by a Governmental Entity necessary to own, lease or operate Company's properties or to carry on Company's business as it is now being conducted.
Significant Contract means each Contract in effect as of the date of this Agreement to which the Company or any of its Subsidiaries is a party, (i) with a dealer, broker, sales agency, advertising agency or other Person engaged in sales or promotional activities; (ii) which by its terms requires aggregate payments by or to the Company or any of its Subsidiaries in excess of $25,000; (iii) pursuant to which the Company or any of its Subsidiaries has made loans or advances (other than for ordinary course travel and expenses consistent with past practices of the Company), or has incurred debts or become a guarantor or surety or pledged its credit on or otherwise become responsible with respect to any undertaking of another; (iv) which is an indenture, credit agreement, loan agreement, note, mortgage, security agreement, lease of real property or personal property or agreement for financing; (v) creating a partnership or joint venture; (vi) prohibiting the Company or any of its Subsidiaries from conducting their respective businesses in any geographical area of operations or limiting the scope or type of their respective businesses or prohibiting the Company’s or any of its Subsidiaries’ from hiring or soliciting any Person as an employee, consultant or independent contractor; (vii) which is a power of attorney or agency agreement or written arrangement with any Person pursuant to which such Person is granted the authority to act for or on behalf of the Company or any of its Subsidiaries; (viii) with respect to which the requirements for performance extend beyond two (2) years from the date of this Agreement; (ix) which contains warranties with respect to the Company Products other than those warranties expressly made in the literature accompanying such products or in the Company’s or any of its Subsidiaries’ standard license agreement; (x) which provides for the acquisition, directly or indirectly (by merger or otherwise), of substantially all of the assets (whether tangible or intangible) or the capital stock of another Person; (xi) which is an employment, consulting or professional advisor agreement (other than standard offer letters and consulting agreements that cannot be terminated without penalty or payment on at least ninety (90) days’ notice); (xiii) which involves the sale, issuance or repurchase by the Company or any of its Subsidiaries of any capital stock or securities of the Company or any of its Subsidiaries; (xiv) with any Government or Government Authority; or (xv...
Significant Contract means (i) any Collective Agreement; (ii) any Contract that if terminated or modified or if it ceased to be in effect, would reasonably be expected to have a Company Material Adverse Effect; (iii) any Contract relating directly or indirectly to the guarantee of any liabilities or obligations or relating directly or indirectly to indebtedness for borrowed money in excess of $3 million, in the aggregate, of a Person other than the Company or any of its wholly-owned Subsidiaries, in each case excluding guarantees or intercompany liabilities or obligations between two or more Persons each of whom is a wholly-owned Subsidiary of the Company or between the Company and one or more Persons each of whom is a wholly-owned Subsidiary of the Company; (iv) any Contract under which indebtedness in excess of $3 million, in the aggregate, is or may become outstanding, other than any such Contract between two or more wholly-owned Subsidiaries of the Company or between the Company and one or more of its wholly- owned Subsidiaries; (v) any Contract under which the Company or any of its Subsidiaries has made or received payments in excess of $4 million over the last twelve months or pursuant to which it is obligated to make or expects to receive payments in excess of $4 million over the next twelve months; (vi) any Contract that creates an exclusive dealing arrangement of more than a year or right of first offer or refusal; (vii) any Contract providing for the purchase, sale or exchange of, or option to purchase, sell or exchange, any property or asset where the purchase or sale price or agreed value or fair market value of such property or asset exceeds $5 million; (viii) any Contract that limits or restricts in any material respect (A) the ability of the Company or any Subsidiary to engage in any line of business or carry on business in any geographic area, or (B) the scope of Persons to whom the Company or any of its Subsidiaries may sell products; (ix) any Contract providing for the establishment, investment in, organization or formation of any joint venture, partnership or other revenue sharing arrangements in which the interest of the Company or its Subsidiaries has a fair market value which exceeds $5 million; (x) any Contract which requires the Company or any of its Subsidiaries to pay an amount to any financial advisor, bank, dealer or broker as a consequence of the consummation of the transactions contemplated hereby; or (xi) any Lease for a cinema that produced posi...
Significant Contract. As defined in Section 3.10.
Significant Contract shall have the meaning set forth in Section 4.01(m)(2).