Commercial Contracts commercial agreements entered into by the Borrower on behalf of or for the benefit of its Subsidiaries in respect of the purchase or sale of capital assets or other products or services used in the ordinary course operation of the business of such Subsidiaries and/or the properties of such Subsidiaries, and other agreements entered into by the Borrower in respect of any acquisition of assets by, or Disposition of assets of, any Subsidiary of the Borrower otherwise permitted by this Agreement, provided that, in each case, (a) no such arrangement shall involve the acquisition of real estate, fixtures or franchise agreements, and (b) any such assets so purchased (other than assets described in Section 7.14(b)(ii)(z)) shall promptly following such purchase only be owned by the relevant Subsidiary and not by the Borrower.
Commercial Contracts means, collectively, the Receivables Purchase Agreement, the Master Export Contract, this Agreement, the Offtake Contract, the Product Sale Agreement, the Administrative Services Agreement, the Servicing Agreement and the Notice and Consents (including any Trustee notices delivered to the Specified Buyers).
Commercial Contracts means (a) commercial contracts or agreements of either Party or any member of its Group with a customer of any such Person (acting in such capacity), including distributor agreements, wholesaler agreements, dealer agreements or group purchasing organization agreements, and (b) supply contracts or agreements of either Party or any member of its Group with end-user customers, in each of clauses (a) and (b) as of immediately prior to the Effective Time.
Examples of Commercial Contracts in a sentence
The production of the Commodities under either of the Commercial Contracts is suspended for a period of at least forty-five (45) days.
The Need for Commercial Contracts Templates In an increasingly complex and competitive industry, it is vital that suppliers and purchasers are fully protected against legal and commercial risks.
More Definitions of Commercial Contracts
Commercial Contracts means all agreements of the Companies for the gathering, transportation, purchase, marketing, sale, disposal or other handling of crude oil, condensate or brine.
Commercial Contracts means any and all contracts to which MPP or an Entity is a party (excluding the rights-of-way or easements associated with the pipelines), pursuant to which MPP or any Entity (i) derives Business revenues or secures the right to use the assets and properties of the Business or (ii) has provided a benefit or right to any third Person; Commercial Contracts shall include, without limitation, all CO2 treating and similar agreements, all natural gas transportation agreements, all fuel allocation and oxygen specification agreements, all pipeline balancing agreements, and all settlement agreements that contain currently effective commercial terms, and all lease of property to or from third Persons.
Commercial Contracts means each Assigned Export Contract and each Assigned Offtake Contract, but excludes a Replaced Commercial Contract.
Commercial Contracts means, the Crude Oil sales agreements between Seller and Buyer to be effective as of October 1, 2020, which shall be in the form of the Final Commercial Contracts and otherwise in form and substance satisfactory to Buyer in its sole discretion, provided (i) that the seller under the Commercial Contracts will be the Seller and the buyer under the Commercial Contracts will be the Buyer and (ii) that each Commercial Contract shall provide that Buyer shall provide Seller with copies of each relevant Final Buyer’s volume and payment statements under the Final Commercial Contracts relating to such Commercial Contract upon receipt.
Commercial Contracts collectively means the contracts entered into between the User and each of its Suppliers or Buyers, as the case may be, for the purchase of goods, work to be done or performance of services, and each a "Commercial Contract";
Commercial Contracts commercial agreements entered into by the Borrower on behalf of or for the benefit of its Subsidiaries in respect of the purchase or sale of capital assets or other products or services used in the ordinary course operation of the business of such Subsidiaries and/or the properties of such Subsidiaries, and other agreements entered into by the Borrower in respect of any acquisition of assets by, or Disposition of assets of, any Subsidiary of the Borrower otherwise permitted by this Agreement, provided that, in each case, (a) no such arrangement shall involve the acquisition of real estate, fixtures or franchise agreements, and (b) any such assets so purchased (other than assets described in Section 7.14(b)(ii)(z)) shall promptly following such purchase only be owned by the relevant Subsidiary and not by the Borrower. “Commitment Fee Rate”: (i) with respect to the Revolving A Commitments existing on the Amendment No. 1 Effective Date, 0.30% per annum, (ii) (a) with respect to the Revolving B Commitments existing on the Amendment No. 12 Effective Date, 0.20% per annum and (iiithe rate per annum set forth under the relevant column heading below based on CCI’s corporate family rating being at least such level: Ratings Level Status Commitment Fee Rate Level I Status 0.05% Level II Status 0.10% Investment Grade Rating 0.15% - 9-
Commercial Contracts has the meaning set forth in Section 3.15(d).