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 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; provided that the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17

Appears in 2 contracts

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

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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 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. 10.17.

Appears in 2 contracts

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

Unconditional Purchase Obligations. Not, and not permit any of its 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 a Borrower 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. 10.17.

Appears in 2 contracts

Samples: Credit Agreement (Thane International Inc), Credit Agreement (Thane International 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. 10.17.

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 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; provided that the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17.

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 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 , other than such contracts which in the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase aggregate require purchases of particular assets or businesses. 10.17less 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 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. 10.17.

Appears in 1 contract

Samples: Confirmation Credit Agreement (Tokheim Corp)

Unconditional Purchase Obligations. Not, and not permit any Restricted 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 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. 10.17.

Appears in 1 contract

Samples: Credit Agreement (Hollinger International 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 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. 10.17.

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 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; provided that the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17.

Appears in 1 contract

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

Unconditional Purchase Obligations. Not, and will 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 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. 10.17.

Appears in 1 contract

Samples: Secured Credit Agreement (Irwin Naturals 4 Health)

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 does not prohibit the Parent or payment of any Subsidiary from entering reasonable termination fees pursuant to any vendor contract entered into options for in the purchase ordinary course of particular assets or businesses. 10.17business.

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 material contract for the purchase of materials, supplies or other property or services, services in excess of $250,000.00 in the aggregate 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 does not prohibit the Parent or payment of any Subsidiary from entering reasonable termination fees pursuant to any vendor contract entered into options for in the purchase ordinary course of particular assets or businesses. 10.17business.

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 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; provided that the foregoing fore going shall not prohibit the Parent Borrower or any Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17.

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 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; provided that the foregoing shall not prohibit the Parent Company or any Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17.

Appears in 1 contract

Samples: Credit Agreement (United Rentals Inc)

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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 or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Parent Company or any Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17.

Appears in 1 contract

Samples: Credit Agreement (Regal Beloit Corp)

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 material contract for the purchase of materials, supplies or other property or services, if such contract requires that the Borrower or any Subsidiary to make 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. 10.17services are ever delivered.

Appears in 1 contract

Samples: Revolving Credit Agreement (Allscripts Inc /Il)

Unconditional Purchase Obligations. Not, and not permit any Restricted Subsidiary in the Financial Group 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; provided that the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17.

Appears in 1 contract

Samples: Credit Agreement (Hollinger International 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 or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Parent Borrowers or any Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International Inc)

Unconditional Purchase Obligations. Not, and not permit any Domestic 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 or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Parent Borrowers or any Domestic Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17.

Appears in 1 contract

Samples: Credit Agreement (Bogen Communications International 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 or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Parent Company or any Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17assets.

Appears in 1 contract

Samples: Credit Agreement (U S Plastic Lumber Corp)

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 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; provided that the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses. 10.17.

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 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. 10.17.

Appears in 1 contract

Samples: Credit Agreement (College Television Network Inc)

Unconditional Purchase Obligations. Not, and not permit any Restricted 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 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. 10.1749

Appears in 1 contract

Samples: Credit Agreement (Heisley Michael E Et Al)

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