Common use of Unconditional Purchase Obligations Clause in Contracts

Unconditional Purchase Obligations. The Company shall not 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 8 contracts

Samples: Securities Purchase Agreement (Viking Energy Group, Inc.), Securities Purchase Agreement (Camber Energy, Inc.), Securities Purchase Agreement (Camber Energy, Inc.)

AutoNDA by SimpleDocs

Unconditional Purchase Obligations. The Company shall not enter into or be a party to any contract for the purchase of any material amount 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 3 contracts

Samples: Securities Purchase Agreement (Dthera Sciences), Securities Purchase Agreement (COPsync, Inc.), Securities Purchase Agreement (Terra Tech Corp.)

Unconditional Purchase Obligations. The Company shall not It will neither 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 3 contracts

Samples: Loan and Security Agreement (Zones Inc), Loan and Security Agreement (Travis Boats & Motors Inc), Loan and Security Agreement (Medicus Systems Corp /De/)

Unconditional Purchase Obligations. The Company shall not 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: Securities Purchase Agreement (Co-Diagnostics, Inc.), Intercreditor and Subordination Agreement (Co-Diagnostics, Inc.)

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

Appears in 1 contract

Samples: Loan and Security Agreement (Circuit Systems Inc)

Unconditional Purchase Obligations. The Company No Obligor shall not 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 1 contract

Samples: Loan and Security Agreement (Synergetics Usa Inc)

AutoNDA by SimpleDocs

Unconditional Purchase Obligations. The Company shall not It will neither 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.. (N)

Appears in 1 contract

Samples: Loan and Security Agreement (Zones Inc)

Unconditional Purchase Obligations. The Company shall not Not enter into into, guarantee 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 1 contract

Samples: Credit Agreement (Russ Berrie & Co Inc)

Unconditional Purchase Obligations. The Company shall Except in the ordinary course of business consistent with past practice, not 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 1 contract

Samples: Loan and Security Agreement (Lifeway Foods Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!