Common use of Supply and Service Agreements Clause in Contracts

Supply and Service Agreements. (i) Any continuing agreement or contract for the future purchase by Company of materials, supplies or equipment or (ii) any advertising agreement or arrangement, in any such case which has an aggregate liability after the Effective Time in excess of $25,000 and is not terminable by notice of less than 60 calendar days for a cost of less than $25,000;

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Conductus Inc), Agreement and Plan of Merger (Superconductor Technologies Inc)

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Supply and Service Agreements. (i) Any continuing agreement or contract for the future purchase by Company Parent of materials, supplies or equipment or (ii) any advertising agreement or arrangement, in any such case which has an aggregate liability after the Effective Time in excess of $25,000 and is not terminable by notice of less than 60 calendar days for a cost of less than $25,000;

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Conductus Inc), Agreement and Plan of Merger (Superconductor Technologies Inc)

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Supply and Service Agreements. (i) Any continuing agreement or contract for the future purchase by Company Seller of materials, supplies or equipment (other than purchase contracts and orders for inventory in the ordinary course of business consistent with past practice) or (ii) any advertising agreement or arrangementarrangement (including any advertising agreement or arrangement that is applicable to Seller), in any such case which has an aggregate liability after the Effective Time Closing Date in excess of $25,000 50,000 and is not terminable by notice of less than 60 calendar days for a cost of less than $25,00050,000;

Appears in 1 contract

Samples: Asset Purchase Agreement (Information Holdings Inc)

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