Contemplated Agreement definition
Examples of Contemplated Agreement in a sentence
Notwithstanding the aforementioned, the obligations of the Parties shall continue indefinitely with respect to any Confidential Information, which constitutes a trade secret, unless otherwise is stated in the Contemplated Agreement.
The parties agree that any and all legal rights and obligations between the parites to the Contemplated Agreement (other than the provisions enumerated in paragraph 9 above) will arise and come into existence only when th eContemplated Agreement is executed and deliverd by the parties thereto and only in accordance with the terms and conditions of the Contemplated Agreement.
The obligations of nondisclosure and confidentiality undertaken by each Party under this Agreement shall remain in force for the term of the Receiving Party’s access to the Confidential Information, including the term of any Contemplated Agreement reached with respect to the Purpose between the Parties, and for a period of Five (5) years following the termination of such access for any reason.
The Lenders, Swingline Lender, L/C Issuer, Collateral Agent, and Administrative each acknowledges and agrees that the Merger Agreement qualifies as a Contemplated Agreement (as such term is defined in the Credit Agreement).
This Agreement shall remain in force for five (5) years from the Effective Date, except to the extent this Agreement is superseded by stipulations of the Contemplated Agreement.
Contemplated Agreement means any future legally binding agreement between the Parties in respect of the Project.
GE and Cobalt agree to use their best efforts to take, or cause to be taken, such action to execute and deliver the Definitive Contemplated Agreement and such additional documents and instruments, and to do, or cause to be done, all things necessary to consummate and make effective the transactions contemplated by this Letter Agreement within 30 days of the date of this Letter Agreement.
The date of March 31, 2013 in this Section 7.15(a) shall be changed to April 15, 2013, if the Administrative Agent receives a letter from the Borrower stating to the reasonable satisfaction of the Administrative Agent that a fully-executed Contemplated Agreement can reasonably be expected by April 15, 2013.
The Definitive Contemplated Agreement shall contain definitive terms consistent with the terms of this Letter Agreement, and shall contain such additional terms and conditions as are customarily found in agreements of this nature and complexity.
This Letter Agreement shall be non-binding, other than the obligation of each party to use its best efforts to negotiate and execute the Definitive Contemplated Agreement.