Unconditional Purchase Obligations. Enter into or be a party to, or permit any other Credit Party 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 or not delivery is ever made of such materials, supplies or other property or services.
Appears in 4 contracts
Samples: Credit Agreement (Aventine Renewable Energy Holdings Inc), Credit Agreement (Maverick Tube Corporation), Credit Agreement (Hallwood Group Inc)
Unconditional Purchase Obligations. Enter into or be a party to, or permit any other No Credit Party to shall 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 the Borrower or any other Credit Party regardless of whether or not delivery is ever made of such materials, supplies or other property or servicesservices is ever made.
Appears in 3 contracts
Samples: Credit Agreement (Valens Company, Inc.), Credit Agreement (SNDL Inc.), Credit Agreement (Valens Company, Inc.)
Unconditional Purchase Obligations. Enter into or be a party to, or permit any other Credit Party of its Subsidiaries 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 or not delivery is ever made of such materials, supplies or other property or services, except any such contract for the purchase of power entered into by the Company or any Subsidiary in the ordinary course of its business.
Appears in 1 contract
