Take or Pay Contracts. The Company will not, and will not permit its Subsidiaries to, enter into or be a party to any contract or arrangement for the purchase of materials, supplies, other properties or services if such contract or arrangement requires that payment be made by the Company or a Subsidiary regardless of whether such materials, supplies, other properties or services are delivered or forwarded to it.
Appears in 2 contracts
Samples: Credit Agreement (Empire Resources Inc /New/), Credit Agreement (Empire Resources Inc /New/)
Take or Pay Contracts. The Company will not, and will not permit any of its Subsidiaries to, enter into or be a party to any contract or arrangement for the purchase of materials, supplies, other properties property or services if such contract or arrangement (i) by its express terms requires that payment be made by the Company or a such Subsidiary regardless of whether such materials, supplies, other properties property or services are delivered or forwarded furnished to itit and (ii) could reasonably be expected to have a Material Adverse Effect.
Appears in 2 contracts
Samples: Multicurrency Credit Agreement (Aptargroup Inc), Assignment and Assumption (Aptargroup Inc)
Take or Pay Contracts. The Except in the ordinary course of business and consistent with past practices, the Company will not, and will not permit its Subsidiaries any Subsidiary to, enter into or be a party to any contract or arrangement for the purchase of materials, supplies, other properties property or services if such contract or arrangement by its express terms requires that payment be made by the Company or a such Subsidiary regardless of whether such materials, supplies, other properties property or services are delivered or forwarded furnished to it.
Appears in 1 contract
Take or Pay Contracts. The Company will notEnter, and will not permit any of its Subsidiaries toto enter, enter into or be a party to any contract or arrangement for the purchase of materials, supplies, other properties property or services if such contract or arrangement by its express terms requires that payment be made by the Company Borrower or a such Subsidiary regardless of whether such materials, supplies, other properties property or services are delivered or forwarded furnished to it.
Appears in 1 contract
Take or Pay Contracts. The Company will not, and will not permit any of its Subsidiaries to, enter into or be a party to any contract or arrangement for the purchase of materials, supplies, other properties property or services if such contract or arrangement by its express terms requires that payment be made by the Company or a such Subsidiary regardless of whether such materials, supplies, other properties property or services are delivered or forwarded furnished to it.
Appears in 1 contract
Samples: Credit Agreement (National Surgery Centers Inc \De\)