Operational Contracts Sample Clauses

Operational Contracts. All right, title and interest of Seller in all contracts and agreements in effect as of the Closing under which Seller (i) provides, or is permitted to provide, directly for TPPs E-Processing ("TPP CONTRACTS"), (ii) may engage in E-Processing through other companies who have TPP Contracts with TPPs with which Seller has no TPP Contract ("VAN CONTRACTS") and (iii) may provide, or is permitted to provide, E-Processing for Providers ("PROVIDER CONTRACTS"); all such TPP Contracts and VAN Contracts in effect as of the date hereof are listed in SCHEDULE 1.1(A);
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Operational Contracts. All the contracts between the Company and any of its customers, suppliers, distributors, vendors, other commercial partners, employees the Sellers, or any Affiliates of the Sellers which are valid or effective as of the Effective Date, and important business, assets and financing contracts relevant with the Company’s operation and business (collectively the “Operational Contracts”) are valid, effective, binding and enforceable to the contracting parties (including the Company), and the Company and the other parties thereto have not breached the Operational Contract in their performance. The Sellers have provided true, complete and accurate copies of all Operational Contracts to the Purchaser. The Company will not incur any liabilities due to its breach of or failure to perform under any Operational Contract during the Transition Period; the Operational Contracts do not include any exclusive, non-competition or restriction provisions limiting or preventing the Company in any aspects from conducting its business as presently conducted or entering into agreement with any third party on terms and conditions desired by the Company.
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Operational Contracts. To the actual knowledge of Seller: (i) ------------------------ the Schedule of Operational Contracts when delivered, will be a true, correct and complete list of all Operational Contracts and contain an accurate listing of all deposits in effect at that time; (ii) the copies of the Operational Contracts, when delivered to Buyer, will be true, complete and correct copies of such Operational Contracts including, without limitation, all amendments, modifications, renewals and extensions thereof; (iii) all Operational Contracts are in full force and effect and no material default exists thereunder which has not been disclosed to Buyer and no condition exists that, with the giving of notice or passage of time, or both, would constitute a material default. To the extent any Operational Contract exists which is not included on the Schedule of Operational Contracts, Buyer shall have no obligation to assume the liability for such omitted Operational Contract.
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Operational Contracts. 1.1(fff) Preliminary Closing Balance Sheet
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Related to Operational Contracts

  • Project Contracts (i) all existing Project Contracts are or will be in full force and effect at the time of the first drawdown under this Agreement (except for the EPC Contract, which will be in full force and effect once the down payment under the EPC Contract has been made), (ii) no other material Project Contracts have been concluded, which have not been disclosed to the Agent, (iii) the Borrower has no notice of any material breaches by any contracting party under the Project Contracts, and (iv) with regard to Project Contracts, which will not be available before the day on which this representation and warranty is made or repeated, the Borrower assumes that these are produced as soon as and to the extent that they may become necessary for the Project;

  • Operating Contracts Subject to the rights of the Timeshare Owners’ Association as set forth in the Timeshare Documents, no Operating Contract shall be modified, extended, terminated or entered into, without the prior written approval of Agent, if any such modification, extension, termination or new agreement could have a material adverse impact on the operation of the Resorts or the Collateral.

  • Financial Contracts The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Rate Management Transactions except for those entered into in the ordinary course of business for bona fide hedging purposes and not for speculative purposes.

  • Construction Contracts Lessee has entered into contracts with the Contractors or separate contracts with materialmen and laborers providing for the construction of the Improvements. Lessee will cause the Contractors to promptly furnish Lessor with the complete list of all Sub-contractors or entities as and when under contract, which Contractors propose to engage to furnish labor and/or materials in constructing the Improvements (such list containing the names, addresses, and amounts of such sub-contracts as written in excess individually of $5,000, and prior to disbursement of funds to or for the benefit of such Subcontractors, affidavits of authorized signatory and other documents commercially reasonably required by Title to insure that the Leased Premises remain lien free) and will from time to time furnish Lessor or Title with true copies of all Contracts entered into by Lessee and with the terms of all verbal agreements therefor, if any, and as to subcontractors, letters signed by sub-contractors whose contracts are in excess of $5,000 setting forth the present amount of their contract and the amounts remaining to be paid under that contract, if the same information is not stated on a lien waiver reflecting the most currently requested payment to such subcontractor.

  • Business Contracts All Contracts (other than the Real Property Lease and Personal Property Leases) to which Seller is a party and which are utilized in the conduct of the Business, including without limitation Contracts relating to suppliers, sales representatives, distributors, customers, purchase orders, licensees, licensors, marketing arrangements and manufacturing arrangements, and including without limitation the Contracts listed in Section 1.01(a)(v) of Seller's Disclosure Schedule (the "Business Contracts");

  • Customer Contracts Promptly after any Loan Party becoming aware of the same, the Borrower shall give the Administrative Agent written notice of any cancellation, termination or loss of any material Contractual Obligation or other customer arrangement.

  • New Contracts During the pendency of this Agreement, Seller will not enter into any contract, or modify, amend, renew or extend any existing contract, that will be an obligation affecting the Property or any part thereof subsequent to the Closing without Purchaser’s prior written consent in each instance (which Purchaser agrees not to withhold or delay unreasonably), except contracts entered into in the ordinary course of business that are terminable without cause (and without penalty or premium) on 30 days (or less) notice.

  • Material Contracts and Commitments Neither the Company, nor, to the best knowledge of the Company, any third party is in default under any material contract, agreement or instrument to which the Company is a party.

  • Material Contracts 13 Section 3.10

  • Material Contracts and Agreements (i) All material contracts of the Company or its subsidiaries have been included in the Company SEC Documents, except for those contracts not required to be filed pursuant to the rules and regulations of the SEC.

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