Common use of Unconditional Purchase Obligations Clause in Contracts

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 15 contracts

Samples: Credit Agreement (Kanbay International Inc), Credit Agreement (Nashua Corp), Credit Agreement (Multi Color Corp)

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Unconditional Purchase Obligations. Not, The Borrower shall not and shall not permit any Subsidiary to, to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 15 contracts

Samples: Loan and Security Agreement (Dynatronics Corp), Loan and Security Agreement (Flux Power Holdings, Inc.), Loan and Security Agreement (Polar Power, Inc.)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Company or any Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 13 contracts

Samples: Credit Agreement (Synagro Technologies Inc), Credit Agreement (Synagro Technologies Inc), Credit Agreement (Synagro Technologies Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 10 contracts

Samples: Credit Agreement (Video Update Inc), Credit Agreement (United Waste Systems Inc), Multicurrency Credit Agreement (Applied Power Inc)

Unconditional Purchase Obligations. Not, and not permit any ---------------------------------- Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Company or any Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 9 contracts

Samples: Senior Subordinated Loan Agreement (GTCR Golder Rauner LLC), Credit Agreement (United Rentals North America Inc), Credit Agreement (United Rentals Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any material contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 7 contracts

Samples: Credit Agreement (Middleby Corp), Credit Agreement (Middleby Corp), Credit Agreement (Middleby Corp)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services, other than contracts entered into in the ordinary course of business and in accordance with past practices.

Appears in 4 contracts

Samples: Credit Agreement (Energy West Inc), Credit Agreement (Energy West Inc), Credit Agreement (Energy West Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary of its ---------------------------------- Subsidiaries to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 3 contracts

Samples: Multicurrency Credit Agreement (Apw LTD), Post Petition Multicurrency Superpriority Credit Agreement (Apw LTD), Credit Agreement (Apw LTD)

Unconditional Purchase Obligations. Not, and not permit any ---------------------------------- Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 3 contracts

Samples: Multicurrency Credit Agreement (Applied Power Inc), Credit Agreement (Elgin National Industries Inc), Credit Agreement (Applied Power Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 2 contracts

Samples: Credit Agreement (Rohn Industries Inc), Credit Agreement (Rohn Industries Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to to, except in the ordinary course of business, any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 2 contracts

Samples: Credit Agreement (Semco Energy Inc), Credit Agreement (Semco Energy Inc)

Unconditional Purchase Obligations. Not, and not permit any Material Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 2 contracts

Samples: Credit Agreement (Layne Christensen Co), Credit Agreement (Meyer Fred Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services, other than such contracts which in the aggregate require purchases of less than $5,000,000 per year.

Appears in 2 contracts

Samples: Credit Agreement (Carmax Inc), Credit Agreement (Carmax Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 2 contracts

Samples: Credit Agreement (American Italian Pasta Co), Credit Agreement (American Italian Pasta Co)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary of its Subsidiaries to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 2 contracts

Samples: Term Loan Agreement (Apw LTD), Multicurrency Credit Agreement (Apw LTD)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any material contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 2 contracts

Samples: Credit Agreement (Capital Environmental Resource Inc), Credit Agreement (Capital Environmental Resource Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that Borrower or such Subsidiary to make payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or servicesservices are ever delivered.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement

Unconditional Purchase Obligations. Not, and not permit any ---------------------------------- Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 2 contracts

Samples: Quarterly Report, Term Loan Agreement (United Rentals North America Inc)

Unconditional Purchase Obligations. Not, and not permit any of its Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it a Borrower regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 2 contracts

Samples: Credit Agreement (Thane International Inc), Credit Agreement (Thane International Inc)

Unconditional Purchase Obligations. Not, and will not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Secured Credit Agreement (Irwin Naturals 4 Health)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary of its Subsidiaries to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Credit Agreement (Cellular Dynamics International, Inc.)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary of its Subsidiaries to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Secured Credit Agreement (Steri Oss Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it in an amount in excess of $1,000,000 in the aggregate regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Credit Agreement (American Italian Pasta Co)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services; provided that the foregoing does not prohibit the payment of any reasonable termination fees pursuant to any vendor contract entered into in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (Fargo Electronics Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the fore going shall not prohibit the Borrower or any Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 1 contract

Samples: Credit Agreement (Mechanical Technology Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Company or any Subsidiary from entering into options for the purchase of particular assets.

Appears in 1 contract

Samples: Credit Agreement (U S Plastic Lumber Corp)

Unconditional Purchase Obligations. Not, and not permit any Domestic Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Borrowers or any Domestic Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International Inc)

Unconditional Purchase Obligations. Not, The Borrowers shall not and shall not permit any Subsidiary to, to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it the applicable Borrower or Subsidiary regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Loan and Security Agreement (Hill International, Inc.)

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Unconditional Purchase Obligations. Not, and not permit any Restricted Subsidiary in the Financial Group to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Credit Agreement (Hollinger International Inc)

Unconditional Purchase Obligations. Not, and not permit any Restricted Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.. 49

Appears in 1 contract

Samples: Credit Agreement (Heisley Michael E Et Al)

Unconditional Purchase Obligations. NotThe Company shall not, and not nor shall it permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or servicesservices other than advances to artists made by the Company and its Subsidiaries in the ordinary course of business.

Appears in 1 contract

Samples: Securities Purchase Agreement (Integrity Media Inc)

Unconditional Purchase Obligations. Not, The Company will not and will not permit any Material Subsidiary to, to enter into or be a party to any contract for the purchase or lease of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Note Purchase Agreement (Otter Tail Corp)

Unconditional Purchase Obligations. Not, and not permit any Restricted Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Fifth Amended and Restated Credit Agreement (Hollinger International Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 1 contract

Samples: Term Loan Agreement (United Rentals Inc /De)

Unconditional Purchase Obligations. Not, and not permit any ---------------------------------- Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services; provided, however, that this -------- ------- Section shall not prohibit the Company from entering into forward commitments for fuel purchases in the ordinary course of business.

Appears in 1 contract

Samples: Credit Agreement (World Fuel Services Corp)

Unconditional Purchase Obligations. Not, and not permit any ----------------------------------- Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Company or any Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 1 contract

Samples: Credit Agreement (United Rentals Inc)

Unconditional Purchase Obligations. Not, and not permit any ---------------------------------- Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 1 contract

Samples: Term Loan Agreement (United Rentals North America Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any material contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Credit Agreement (Tokheim Corp)

Unconditional Purchase Obligations. Not, The Company will not and will not permit any Material Subsidiary to, to enter into or be a party to any contract for the purchase or lease of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services."

Appears in 1 contract

Samples: Note Purchase Agreement (Otter Tail Corp)

Unconditional Purchase Obligations. Not, and not nor shall it permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Secured Credit Agreement (Gibraltar Packaging Group Inc)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, Not enter into or be a party to, ---------------------------------- or permit any Subsidiary to enter into or be a party to, any contract for the purchase of materials, supplies or other property or services services, if such contract requires that the Borrower or any Subsidiary to make payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or servicesservices are ever delivered.

Appears in 1 contract

Samples: Revolving Credit Agreement (Allscripts Inc /Il)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any material contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Company or any Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 1 contract

Samples: Credit Agreement (Regal Beloit Corp)

Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Borrowers or any Subsidiary from entering into options for the purchase of particular assets or businesses.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International Inc)

Unconditional Purchase Obligations. Not, The Borrowers shall not and shall not permit any Subsidiary to, to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Loan and Security Agreement (Lifeway Foods Inc)

Unconditional Purchase Obligations. Not, and not permit any ---------------------------------- Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Samples: Credit Agreement (College Television Network Inc)

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