Ordinary Contracts Sample Clauses

Ordinary Contracts. All agreements and contracts to purchase goods and services (excluding Major Contracts) in the ordinary course of business of refurbishing, owning, operating or managing the Facilities, or the operation of any programs or services in conjunction with the Facility and all renewals, replacement and substitutions therefor with any Governmental Authority, Accreditation Body or Third Party Payor or entered into with any third Person, excluding, however, any agreements pursuant to which money has been or will be borrowed or advanced, the Leases, any agreement creating or permitting any Lien or other encumbrance on title (except for the Permitted Exceptions), and any Major Contract.
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Ordinary Contracts. All agreements and contracts to purchase goods and services (excluding Major Contracts) to the extent such other agreements and contracts have been entered into by the Emeritus Entities in the ordinary course of business of construction, owning, operating or managing the Facilities, contract rights (including without limitation, warranties provided in construction contracts, subcontracts, and architects' contracts), right to proceeds or payment on account of any Award or Casualty, warranties and representations, franchises, and records and books of account benefiting, relating to or affecting the Facility or the operation of any programs or services in conjunction with the Facility and all renewals, replacement and substitutions therefor entered into by the Emeritus Entities with any Governmental Authority, Accreditation Body or Third Party Payor or entered into by any of the Emeritus Entities with any third Person, excluding, however, any agreements pursuant to which money has been or will be borrowed or advanced, the Facility Leases, the Leases, any agreements with or obligations relating to employees of a Facility, and any agreement creating or permitting any Lien, or other encumbrance on title (except for the Permitted Exceptions), and any Major Contract.

Related to Ordinary Contracts

  • Scheduled Contracts Except as set forth in Section 4.15 of the Company Disclosure Letter (each item listed or required to be listed in such Company Disclosure Letter being referred to herein as a “Scheduled Contract”), as of the date hereof, neither Company nor Company Sub is a party or otherwise subject to:

  • Management Contracts Borrower shall not enter into, modify, amend, terminate or cancel any management contracts for the Project or agreements with agents or brokers, without the prior written approval of Lender.

  • Related Contracts (i) The Borrower hereby agrees that, to the extent not expressly prohibited by the terms of the Related Contracts, after the occurrence and during the continuance of an Event of Default, it shall (x) upon the written request of the Administrative Agent or the Collateral Agent, promptly forward to such Agent all information and notices which it receives under or in connection with the Related Contracts relating to the Collateral, subject to applicable confidentiality requirements, and (y) upon the written request of the Administrative Agent or the Collateral Agent, act and refrain from acting in respect of any request, act, decision or vote under or in connection with the Related Contracts relating to the Collateral only in accordance with the direction of such Agent; provided that if the Borrower receives conflicting requests pursuant to this subclause (y), it shall follow whichever request is evidenced to be derived from the direction of the Majority Lenders.

  • Ordinary Course The transactions contemplated by this Agreement and the other Basic Documents to which the Seller is a party are in the ordinary course of the Seller’s business.

  • Affiliate Contracts The Company and Sellers will cause the termination, effective no later than the Closing, of the contracts or arrangements set forth on Schedule 10.05 without any further cost or Liability to the Company or its Subsidiaries (or, after the Closing, Buyer or its Affiliates).

  • Property Contracts Purchaser shall assume at Closing the obligations under the Property Contracts assumed by Purchaser; however, operating expenses shall be prorated under Section 5.4.2.

  • Ordinary Course of Business The consummation of the transactions contemplated by this Agreement are in the ordinary course of business of the Servicer;

  • Investment Subadvisory Contracts (a) Subject to the provisions of the Agreement and Declaration of Trust and the 1940 Act, the Manager, at its expense, may, in its discretion, subject to approval by the Trust’s Board of Trustees and, if required by applicable law, the Trust’s shareholders, select and contract with one or more Subadvisers for the Fund with respect to all or a portion of the Fund’s assets. If the Manager retains a Subadviser hereunder, then unless otherwise provided in the applicable subadvisory agreement, the Subadviser (and not the Manager) shall have the obligation (as to the portion of the Fund’s assets for which it acts as subadviser) of furnishing continuously an investment program and determining which securities will be purchased or sold for the Fund, and what portion may be held uninvested, and placing all orders for the purchase and sale of portfolio securities for the Fund and selecting broker-dealers in connection therewith.

  • Vendor Contracts (a) THIRD-PARTY ASO CONTRACTS.

  • Related Party Contracts To the extent requested in writing by the Acquirer with respect to any specific identified contract prior to the Effective Time, the Company shall take all actions necessary to terminate, and shall cause to be terminated, each Related Party Contract, in each case without any further liability or obligation of the Company, the Surviving Corporation, Acquirer or any of their respective Subsidiaries or Affiliates and, in connection therewith, the Company (or its applicable Subsidiary) shall have received from the other party to such Related Party Contract a release in favor of the Company, the Surviving Corporation, Acquirer and their respective Subsidiaries and Affiliates from any and all liabilities or obligations arising out of such Related Party Contract.

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