Future Business Sample Clauses

Future Business. The Seller agrees to act in good faith to attempt to select PPDA and/or its affiliates for all its services and to place all its business on PPDA' internal programs. The Seller shall not be bound by this provision should the Seller determine that the use of PPDA's program place the Seller at a competitive disadvantage to other programs offered through competitors of PPDA.

Future Business. The Company and the Subsidiaries agree that they will, and the Stockholders will cause the Company and the Subsidiaries and all other subsidiaries of the Company and the Subsidiaries to, conduct all business (for avoidance of doubt, this shall include all future business activities of the Company and the Subsidiaries) other than the Existing Business ("New Business") exclusively through the New L.L.C. or through one or more Mirror Companies as further set forth in Section 6.02(c) below. The Company, the Subsidiaries and the Stockholders agree that a "Mirror Company" shall mean a limited liability company (or limited partnership for projects in Texas or other states in which a substantial tax or other benefit to the Purchaser or the Company makes use of a limited partnership more reasonable) formed by the Purchaser and the Company and the Subsidiaries. The Company, the Subsidiaries and the Stockholders agree that (1) each Mirror Company operating agreement shall be in the form of the operating agreement attached hereto as Exhibit C (appropriately conformed if the entity is a limited partnership) and that the Company, the Subsidiaries and the Purchaser shall enter into each such operating agreement, and (2) each Mirror Company will be structured so as to be a pass-through entity for federal and state tax purposes. The Company, the Subsidiaries and the Stockholders acknowledge and agree the Purchaser's right to an interest in each Mirror Company as set forth in Exhibit C and Section 6.02(d) in consideration of the capital contribution of $30,000,000 by the Purchaser to the New L.L.C.

Future Business. Employee recognizes that he is employed at the highest levels of the Company and has access to the Company's most sensitive and confidential information, including long-range projections, marketing strategies, and other Company Data. Employee also agrees that Company's market extends to many states throughout the United States and that limiting the scope of this Agreement to South Carolina will not protect Company's legitimate business interests. Employee covenants and agrees, therefore, that during the Restricted Period, he will not work for a Competing Company (as defined below) in the Company's Market Territory (as defined below), including without limitation, as proprietor, partner, investor, shareholder, director, officer, employee, consultant, independent contractor, or otherwise; provided, however, that the foregoing restriction shall not prohibit Employee from being a passive investor owning less than 10% equity interest in a publicly traded company.

Future Business. If quantities increase due to future business acquisitions or system upgrades, the Utilities reserves the right to open negotiation on the price and delivery of distribution transformers and delivery locations. If not successfully negotiated, the Utilities reserves the right to go to tender.

Future Business. During the term of the Consumers Agreement (as defined in Section 7.2.9), if Seller, Consumers Power Company or any of their affiliates acquire any domestic utility company that does not have an internal accounts receivable processing department or that does not have a long term contract with a collection service provider or that has a long term contract with a collection service provider that may be terminated, Seller will cause, provided that Purchaser is not under material default under any agreement with Seller, Consumers Power Company or any of their affiliates to make such utility give Purchaser a right of first refusal to provide collection services at rates equal to written quotes obtained by such utility from Purchaser's competitors. In addition, if Consumers Power Company or any of their affiliates acquire any domestic utility company that has a long term contract with a collection service provider that may not be terminated until expiration of the term of agreement, upon such expiration, Seller shall give Purchaser the right of first refusal to provide collection services at rates equal to written quotes obtained by such utility from Purchaser's competitors.

Future Business. Seller will use its best efforts to provide Buyer (directly and/or through the direction of business from customers of Seller for other products) with pressure sensitive flexo label business in an amount of not less than $200,000 per year for two (2) years following the Closing, and shall exclusively use Buyer to meet its pressure sensitive flexo label requirements for such two (2) year period.

Future Business. There was a discussion on the use of Local Growth Fund. It was agreed that the sub group should seek to facilitate work to finalise what the funding would be used to deliver. There was discussion of the Breckland Bridge Project. The group asked that a representative could attend the next sub group to allow an understanding of their work. Thir d Thir d explained that a bid was being developed to extend dnavigation from Xxxxxxx along to Thetford the Little Ouse. The group was supporting of the bid and agreed it should be recognised in an emerging IDP The group discussed the resources required to carry out the Thir d

Future Business. COMPANY and IPO understand and agree that if COMPANY desires to go public in Western Markets during the term of this Memorandum of Understanding it will retain IPO for its Business Services in accordance with IPO's usual and customary fees.

Future Business. Purchaser or its Affiliates as of the date hereof shall purchase goods or services from Parent or its Affiliates during the three (3) years following the Closing Date (the “Synapse Service Period”) in an amount aggregating $3,472,500 (the “Guaranteed Amount”), with Purchaser paying at least $1,000,000 during the first year (in installments of $83,333 per month) following the Closing Date, at least $1,150,000 during the second year (in installments of $95,833 per month) following the Closing Date and at least $1,322,500 during the third year (in installments of $110,208 per month) following the Closing Date. The Guaranteed Amount shall be paid by Purchaser in the amount of the monthly installments as set forth in the preceding sentence commencing on the first full month following the Closing, which monthly installments shall be paid to Parent by direct deposit by the third business day of the applicable month by wire transfer of immediately available funds to the following account of Parent: Fleet Bank Account No. 9418960069; ABA No. 000000000 (such account may be changed by Parent upon prior written notice to Purchaser) with the first such installment being paid on or before September 5, 2002. The parties recognize that, separate and apart from making payment of the Guaranteed Amount, Purchaser may be buying goods or services from Parent during the Synapse Service Period and, therefore, Parent and Purchaser agree that promptly following each three (3) month period during the Synapse Service Period, the parties shall conduct a “true-up” to reconcile any amounts that may be due to Purchaser (based on any overpayments for such goods or services) and Purchaser shall be entitled to a credit in such amount for any future goods or services to be purchased from Parent; provided that if during the applicable one (1) year period Purchaser has not purchased services aggregating the minimum amount for such year, Purchaser shall not be entitled to any credit for future periods, nor shall payments in excess of the minimum amount in any year reduce the minimum amount in subsequent years. Notwithstanding anything to the contrary set forth herein, in order to satisfy the Guaranteed Amount, Purchaser agrees that no more than twenty-five percent (25%) of the Guaranteed Amount will consist of goods purchased by Purchaser from Parent in any applicable twelve (12) month period. Further, notwithstanding the first sentence of this Section 7.9, the services to be purchased by Purc...

Future Business. The Members acknowledge and agree that they intend for all management and franchise activities, other than franchise or management 1. It is anticipated that all such opportunities not contemplated by subsection 2.4.1 shall be transferred to Newco.