Business Contract Sample Clauses
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Business Contract. 10 Buyer ...................................................... 1
Business Contract. 3.15(o) Business Day..................................................................1.1
Business Contract. For purposes of this Agreement, the term “Business Contract” means any written or oral commitment, contract, lease agreement or other instrument, which is not with a third party payor to provide health care services to patients at the Center, and which may have a material effect on the Subject Interests or to the Business.
Business Contract. 9.1 Subject to Clause 9.2 and to the provisions of the Novation Agreement, the Buyer will perform and discharge all outstanding obligations and liabilities of the Sellers under the Business Contract arising on or after the Transfer Date and will indemnify the Sellers on an after tax basis against all actions, proceedings, losses, costs, expenses, damages, claims and demands and all other liabilities whatsoever (including without limitation, all losses, liabilities and reasonable and proper costs incurred as a result of defending or settling any claim alleging such liability) suffered or incurred by the Sellers on or after the Transfer Date by reason of or arising out of the Business Contract.
9.2 The Buyer’s obligations under Clause 9.1 (including those to indemnify the Sellers) do not apply to any claims or liabilities that arise from the Sellers’ failure to comply with or fulfil its obligations under the Business Contract before the Transfer Date or which are otherwise referable to the period before the Transfer Date or which are subject to the indemnity given by the Sellers in favour of the Buyer in Clause 16.
9.3 Subject to Clause 9.4 with effect from the Transfer Date the Buyer shall become entitled to all of the rights and benefits of the Sellers under the Business Contract.
9.4 Insofar as the benefit of the Business Contract cannot be assigned to the Buyer except with the consent of one or more third parties or by novation (including pursuant to the terms of a Novation Agreement) the following provisions shall apply:
(a) the Sellers shall be responsible (at their own expense) for obtaining and shall use its reasonable endeavours with the co-operation of the Buyer to obtain such consent or novation as aforesaid and shall notify the Buyer as soon as any such consent or novation is obtained or refused or is the subject of any other communication from the relevant third party;
(b) unless and until such Business Contract shall be assigned or novated the Sellers will hold the benefit on trust for the Buyer and will give all reasonable assistance after Completion to the Buyer to enable the Buyer to enforce the rights of the Sellers under such Business Contract and the Buyer shall (subject to Clause 9.4(e)), perform the obligations of the Sellers under such Business Contract;
(c) as soon as practicable after all necessary third party consents have been obtained, the Sellers shall execute an assignment or, where requested by the Buyer, a novation agreement, ...
Business Contract. The Parties being independent contractors, this Contract does not mutually bind them except for the purposes set out herein. Consequently, the clauses of this Contract may not be interpreted in any way as creating any association or business between the Parties or as conferring any mandate from one to the other. Furthermore, neither of the Parties may bind the other in any manner whatsoever or to anyone, other than in accordance with the clauses of this Contract.
Business Contract. Business Contract refers to the underlying purchase and sale agreement between Party A and a Debtor pursuant to which any Account Receivable subject to this Agreement has been generated.
Business Contract
