Assumed Contract definition

Assumed Contract means any Executory Contract or Unexpired Lease assumed by the Reorganized Debtors in accordance with Article V of the Plan.

Assumed Contract has the meaning set forth in Section 2.1(a).

Assumed Contract means, except as otherwise provided in Section 2.4, any Contract to which Seller or any of its Affiliates is a party that relates primarily to the Business, other than Contracts included in Excluded Assets and listed on Schedule 1.1(c); provided, however, that this definition does not include any Employee Plans except as expressly contemplated by the Employee Agreement.

Examples of Assumed Contract in a sentence

• From and after the Closing Date until the earlier of (x) sixty (60) days following Closing or (y) ten (10) days prior to the hearing to confirm or confirmation of, a Chapter 11 Plan for Seller Parties, the Seller Parties and Buyer may (but shall have no obligation to) mutually agree to seek authorization from the Bankruptcy Court pursuant to section 365 of the Bankruptcy Code to assume and assign a Contract that was not identified as an Assumed Contract as of Closing.

• The Debtors shall not settle a disputed Cure Cost for an amount in excess of $5,000, individually, and $75,000, in the aggregate, of Seller’s estimated Cure Cost for such Available Contract with regard to any Available Contract that has been, as of the date of such settlement, designated as an Assumed Contract pursuant to a Designation Notice, without the express written consent of Buyer (acting reasonably).

• Upon Buyer’s reasonable request, subject to the limitations set forth in Section 6.02(b), the Seller Parties shall provide additional detailed information as to the post-Closing Liabilities under the Available Software Contracts or Available Contracts, as applicable sufficient for Buyer to make an informed assessment whether to designate such Contract as an Assumed Contract pursuant to this Section 2.05(a).

More Definitions of Assumed Contract

Assumed Contract shall have the meaning set forth in Section 1.03.

Assumed Contract is defined in Section 1.1(a)(4).

Assumed Contract means any Contract arising from, related to, used or held for use in, or with respect to, the Business or the Purchased Assets to which the Seller or any of its Affiliates is a party, under which the Seller or any of its Affiliates may have any rights or by which the Seller, any of its Affiliates, the Business or any of the Purchased Assets may be bound, and all bids, quotations and proposals therefor, other than the Excluded Contracts.

Assumed Contract means an Executory Contract (as modified or amended pursuant to the Plan, prior order of the Court, or by agreement of the parties) that is assumed by the Debtor pursuant to the Plan.

Assumed Contract means any contract of the Debtors that is not set forth on Exhibit E to the Plan, as amended from time to time.

Assumed Contract means the Contracts or portions of the Contracts identified in Section 6.06 of the Seller Disclosure Schedule.

Assumed Contract means any Contract or portion of a Contract to which ---------------- Seller or any of its Affiliates is a party that relates exclusively to the manufacture, marketing, sale or distribution of the Product, including those Contracts listed on Section 6.06 of the Seller Disclosure Schedule, but excluding any Multi-Product Contracts.