Approved Service Contracts definition

Approved Service Contracts means the Service Contracts identified on SCHEDULE 1.1.1 annexed hereto and made a part hereof and any other Service Contracts cancelable upon thirty (30) or fewer days notice without penalty, which Service Contracts Buyer shall assume as of the Closing pursuant to the General Assignment and Assumption Agreement.
Approved Service Contracts means the service contracts described in Exhibit A hereto; and

Examples of Approved Service Contracts in a sentence

  • Seller shall be responsible for all obligations thereunder attributable to the period prior to the Closing Date with respect to Approved Service Contracts (except to the extent that Buyer shall have received a credit hereunder with respect to any such obligations).

  • At the Close of Escrow, Seller shall assign to Buyer pursuant to the terms of the General Assignment and Assumption Agreement, all right, title and interest of Seller in and to the Approved Service Contracts and other Intangible Property, and Buyer shall assume all of the obligations of Seller under the Approved Service Contracts arising from and after the Close of Escrow.

  • Buyer shall protect, hold harmless, indemnify and defend Seller and its directors, officers, agents, affiliates, principals, partners, shareholders, representatives and controlling persons from any Losses attributable to the period beginning on and after the Closing Date with respect to the Approved Service Contracts.

  • There are no Service Contracts which will affect the Property after the Closing Date except for the Approved Service Contracts.

  • Seller shall assign all of Seller’s interest in the Construction Contracts and Warranties and all of Seller’s interest in the Approved Service Contracts (collectively, the “Contracts”) to Buyer and Buyer shall assume the Contracts, by a duly executed Assignment and Assumption of Contracts (the “Assignment of Contracts”) in the form of Exhibit D attached hereto.

  • On the Close of Escrow, Seller shall assign to Buyer the Approved Service Contracts pursuant to the Xxxx of Sale (as defined below).

  • Work Related Disability Leave (Workers Compensation) may run concurrently with leaves of absence granted under FMLA leave when the injury is one that meets the criteria for a serious health condition.

  • Operating expenses (including, without limitation, amounts payable under the Approved Service Contracts and any assessments payable under the Permitted Exceptions which are allocable to the Property, but excluding insurance premiums and management fees) shall be prorated as of the Closing Date (based on the assumption that operating expenses were uniformly incurred during the billing period in which the Closing occurs).

  • QLT and the Purchaser acknowledge and agree that the Purchase Price will be allocated among the Purchased Assets as follows: Lot F Property (land only) — $ 9,432,000.00 Building — $ 47,731,383.00 (includes Mechanical Systems fixtures, Leases and Approved Service Contracts) — $ 10,840,000.00 Lot 1 Property — $ 10,840,000.00 Included Chattels — $ 496,614.00 Shares — Lot F Nominee — $ 1.00 — Lot 1 Nominee — $ 1.00 Project Documents — $ 1.00.

  • The Vendor covenants and agrees with the Purchaser that the Vendor will indemnify and save harmless the Purchaser from and against all obligations which were to be observed or performed by the Vendor under the Approved Service Contracts prior to the Closing Date and against any and all liabilities of every nature and kind under the Approved Service Contracts arising from any default of the Vendor thereunder occurring prior to the Closing Date.

Related to Approved Service Contracts

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Approved Contractor means an “Approved Contractor” specified in the Key Details.

  • Tax Service Contract As defined in Section 3.09(a).

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Customer Contracts has the meaning set forth in Section 2.1(b)(ii)(A).

  • Supplier/Contractor means the individual, firm or company with whom the contract has been concluded for supplying the Goods and Services under the Contract. The Supplier/Contractor shall be deemed to include its successors (approved by the purchaser), representatives, heirs, executors, administrators and permitted;

  • Service contract holder or "contract holder" means a person who is the purchaser or holder of a service contract.

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Third Party Contracts means any agreements entered into by the Retailer and/or the Customer with any third parties, such as the Transmission Licensee and the MSSL, to enable the Retailer to retail electricity to Contestable Consumers. For the purposes of this Electricity Agreement, Third Party Contracts shall include, but is not limited to, the Retailer Use of Systems Agreement, the Market Support Services Agreement, and the Power System Operator•Market Participant Agreement (as defined under the Market Rules);

  • Approved Servicer shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Project Contract means any contract between the District or the Corporation and any contractor or vendor regarding the construction, production or other acquisition or installation of any part of an Acquisition Project.

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Service Subcontract means a subcontract primarily for the furnishing of services, to or for a recipient of Assistance, except where services are incidental to the delivery of products, equipment or commodities. A contract for the purchase or lease of goods, products, equipment, supplies or other property is not a “service subcontract” for the purposes of this definition.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Provider contract means any contract between a provider and a carrier (or a carrier's network,

  • Existing Franchise Agreement means that certain franchise license agreement between the Seller and the Franchisor, granting to Seller a franchise to operate the Hotel under the Brand.

  • Assigned Contract shall have the meaning set forth in Section 1.1(b).

  • Covered contract means a DoD prime contract for an amount exceeding the simplified acquisition threshold, except for a fixed-price contract without cost incentives. The term also includes a subcontract for an amount exceeding the simplified acquisition threshold, except for a fixed-price subcontract without cost incentives under such a prime contract.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Assumed Contract has the meaning set forth in Section 2.1(b)(iv).

  • IT Contracts means the contracts (whether or not in writing and including those currently being negotiated) under which any third party provides or will provide any element of, or services relating to, the IT Assets, including leasing, hire purchase, licensing, maintenance, website hosting, outsourcing, security, back-up, disaster recovery, insurance, cloud computing and other types of services agreements.

  • Customer Contract means a Contract (or group of related Contracts) pursuant to which any Group Company, after giving effect to the Pre-Closing Business Transfers, licenses or otherwise provides products and services to customers of the Business.