Current Contracts Clause Samples
Current Contracts. Sellers shall (i) comply with and perform their obligations under any Lease, Service Contract, Material Contract and/or any other third party contract and (ii) use commercially reasonable efforts to enforce the obligations of the applicable third parties thereunder.
Current Contracts. COLLECTIVE BARGAINING The employer understands that no on- the-job training program shall impair existing contracts for services or existing collective bargaining agreement may not be undertaken without the written concurrence of the labor organization and employer concerned.
Current Contracts. Subject to sub-paragraphs 1.4 and 1.5 below, all fees payable by Clearing Members determined by or on behalf of LCH (or any Group Company of LCH) (the “Fees”) for Current Contracts [***].
Current Contracts. BioZone is currently in contract with certain companies identified in Schedule 2.6. Such contracts will be terminated as soon as allowable under the contract, to fully provide ALCiS with its exclusive rights. **** CONFIDENTIAL MATERIAL REDACTED AND SEPARATELY FILED WITH THE COMMISSION
Current Contracts. In accordance with Article 2558 of the Italian Civil Code, the Buyer shall subrogate the Seller in all contracts stipulated by the division of the company sold under the present agreement, except for current leasing contracts relating to assets that are the property of "C.V.S.*Costruzione Veicoli Speciali S.p.A.".
Current Contracts. The Company is currently operating the El Paso Intermediate Sanction Facility under the terms and provisions of the Contract by and between Secure Corrections, Inc, as Contractor, and West Texas Community Supervision and Corrections Department, Contracting Agency, dated December 19th, 1990, as extended by the Contracting Agency. It is a condition to Buyer's and Avalon's obligations under this agreement that the West Texas Community Supervision and Corrections Department (a) consent to the acquisition of ownership of Secure Corrections, Inc., by the Buyer herein, and (b) consent to an extension of the contract for operation of the El Paso Intermediate Sanction Facility for a minimum period of 15 years, and (c) consent to a transfer of operations of the El Paso Intermediate Sanction Facility to the subsidiary of Avalon, Southern Corrections Systems, Inc. If these contingencies are not met by August 12, 1996, then Buyer and Avalon shall have the right to terminate this Agreement and terminate all of their obligations to the Company and all other parties to this Agreement. Buyer and Avalon shall likewise be entitled to immediate return of all consideration paid or to be paid under this Agreement, including all consideration previously delivered to the Escrow Agent.
Current Contracts. The term of this Agreement shall extend with respect to the Contracts from the date hereof until such Contracts are duly novated to Buyer or, to the close of business, April 15, 1998, if novation of the JPL Contracts has not yet been consummated by such time. Notwithstanding the foregoing, each party's obligation to indemnify the other, pursuant to Article III hereof, shall survive the expiration or termination of this Agreement.
Current Contracts. A royalty in the amount of fifty percent (50%) of all software license sales for Product actually received by Purchaser under a Current Contract. A “Current Contract” is any customer contract for the Product executed prior to the Closing Date and identified in Schedule 4.2.1, including, without limitation, the customer agreement with General Dynamics. Purchaser agrees to honor all of the terms and conditions of all Current Contracts, in so far as such contracts are also Assumed Contracts, including, without limitation, the pricing structures contained in the Current Contracts.
Current Contracts