Common use of Unconditional Purchase Obligations Clause in Contracts

Unconditional Purchase Obligations. 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.), Securities Purchase Agreement (Co-Diagnostics, Inc.)

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Unconditional Purchase Obligations. Company shall not Not 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: Secured Credit Agreement (Diplomat Direct Marketing Corp), Secured Credit Agreement (General Housing Inc)

Unconditional Purchase Obligations. 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)

Unconditional Purchase Obligations. 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)

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Unconditional Purchase Obligations. 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. 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)

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