Terminable Contracts definition

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 (60) days’ notice, or (ii) without any payment by or penalty to the Company.
Terminable Contracts has the meaning given to such term in Section 4.9.
Terminable Contracts has the meaning set forth in Section 2.1(a)(v).

Examples of Terminable Contracts in a sentence

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

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

  • To the Xxxxxx Parties' Knowledge, the Contracts are in full force and effect, and the Terminable Contracts are terminable on not more than thirty (30) days' prior written notice and without payment or penalty of any kind.

  • 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.

  • 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").

  • Pursuant to Section 5.2 of the Agreement, the following schedules are amended and superseded in their entirety by the following updated schedules attached to this Amendment No. 1: (a) Schedule 0.1D relating to Terminable Contracts, (b) Schedule 3.19(b)(i) relating to Relationship Changes, (c) Schedule 7.2(d)(ii) relating to consents of Terminable Contracts not required and (d) Schedule 3.10 relating to shareholders.

  • Purchaser shall be deemed to have accepted and, at Closing, will assume each Terminable Contract, other than the Rejected Terminable Contracts.

  • Buyers shall allow all Customers with Terminable Contracts for Microporous Battery Separators the right and option unilaterally to reopen and renegotiate or to terminate their Terminable Contracts, solely at such Customer’s option, without penalty, forfeiture or other charge to the Customer, and consistent with Paragraph VI, Clause 5 of the FTC Order as if such Terminable Contract remained with Sellers or their Affiliates.

  • Buyer shall assume at Closing (i) the Terminable Contracts until such time as the termination of such Terminable Contracts by Seller shall become effective, (ii) all Contracts that cannot be terminated in accordance with their terms or that cannot be terminated without payment of a termination fee or penalty by Seller, and (iii) all Contracts that Buyer has not notified Seller on or prior to the expiration of the Due Diligence Period to terminate.


More Definitions of Terminable Contracts

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

Related to Terminable Contracts

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

  • 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).

  • Affiliate Contracts shall have the meaning set forth in Section 4.11(b).

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Applicable Contract any Contract (a) under which the Company has or may acquire any rights, (b) under which the Company has or may become subject to any obligation or liability, or (c) by which the Company or any of the assets owned or used by it is or may become bound.

  • Material Contracts has the meaning set forth in Section 3.09(a).

  • Subject Leases means, for any Asset Review, all 20[•]-[•] Leases which are 60-Day Delinquent Leases as of the end of the Collection Period immediately preceding the related Review Satisfaction Date.

  • Terminated Contracts has the meaning set forth in Section 5.6(a).

  • Company Material Contracts has the meaning set forth in Section 3.18(a).

  • Related Contracts is defined in clause (c) of Section 2.1.

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Material Leases has the meaning set forth in Section 4.21.

  • Specified Agreements means agreements relating to the following matters, namely:

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

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

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Eligible Contract means a currently effective written contract between Bank and a Subcustodian satisfying the requirements of paragraph (c)(2) of Rule 17f-5 (including any amendments thereto or successor provisions).

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

  • Executory Contracts means executory contracts and unexpired leases as such terms are used in 11 U.S.C. § 365, including all operating leases, capital leases, and contracts to which the Debtor is a party or beneficiary on the Confirmation Date.

  • Property Agreements means all agreements, grants of easements and/or rights-of-way, reciprocal easement agreements, permits, declarations of covenants, conditions and restrictions, disposition and development agreements, planned unit development agreements, parking agreements, party wall agreements or other instruments affecting the Property, including, without limitation any agreements with Pad Owners, but not including any brokerage agreements, management agreements, service contracts, Space Leases or the Loan Documents.

  • Company Contracts has the meaning set forth in Section 3.13(a).

  • Specified Contracts has the meaning set forth in Section 4.13(a).

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Collective Agreements means all collective bargaining agreements or union agreements applicable to the Company or any of its Subsidiaries and all related letters, memoranda of understanding or other written communication with bargaining agents for any Company Employees applicable to the Company or any of its Subsidiaries which impose obligations upon the Company or any of its Subsidiaries.

  • works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;

  • Customer Contracts has the meaning set forth in Section 1.1(b)(ii)(A).