Take or Pay Contracts. Holdings and the Borrowers will not, and will not permit any of their respective Subsidiaries to, enter into or be a party to any arrangement for the purchase of materials, supplies, other property or services if such arrangement by its express terms requires that payment be made by Holdings, such Borrower or such Subsidiary regardless of whether such materials, supplies, other property or services are delivered or furnished to it except in the ordinary course of business and consistent with past practices.
Appears in 4 contracts
Samples: Credit Agreement (AMH Holdings, Inc.), Credit Agreement (AMH Holdings, Inc.), Credit Agreement (Associated Materials Inc)
Take or Pay Contracts. Holdings and the Borrowers Borrower will not, and will not permit any of their respective Subsidiaries to, enter into or be a party to any arrangement for the purchase of materials, supplies, other property or services if such arrangement by its express terms requires that payment be made by Holdings, such the Borrower or such Subsidiary regardless of whether such materials, supplies, other property or services are delivered or furnished to it except in the ordinary course of business and consistent with past practices.
Appears in 2 contracts
Samples: Credit Agreement (Associated Materials Inc), Credit Agreement (Associated Materials Inc)
Take or Pay Contracts. Holdings and the Borrowers will Borrower shall not, and will shall not permit any of their respective Subsidiaries to, enter into or be a party to any arrangement for the purchase of materials, supplies, other property or services if such arrangement by its express terms requires that payment be made by Holdings, such Borrower or such Subsidiary regardless of whether such materials, supplies, other property or services are delivered or furnished to it except in the ordinary course of business and consistent with past practices.
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