Contracts and Commitments definition

Contracts and Commitments means all contracts, commitments and other arrangements, both written and oral, between the Seller and customers and/or vendors of the Business.
Sample 1Sample 2
Contracts and Commitments means the contracts, commitments and other arrangements, except for free services or gratuities, between SELLER and customers of the Business, identified on Schedule 1(a)-2.
Sample 1
Contracts and Commitments. Except as set forth on Schedule 3.13, i. Neither Pocono nor PCP Sub have any agreements, contracts, commitments or restrictions that are material to the Business, operations or prospects or that require the making of any charitable contribution. ii. No purchase contracts or commitments of PCP Sub continue for a period of more than twelve (12) months or are in excess of either Pocono’s or PCP Sub’s normal, ordinary and usual requirements or, to the Knowledge of Pocono and/or PCP Sub, are at any excessive price. iii. There are no outstanding sales contracts, commitments or proposals of PCP Sub that continue for a period of more than twelve (12) months or which will result in any loss to PCP Sub upon completion or performance thereof, after allowance for direct distribution expenses nor are there any outstanding contracts, bids or sales or service proposals quoting prices which will not result in a normal profit. iv. PCP Sub has no outstanding contracts with shareholders, members, directors, officers, employees, agents, consultants, advisors, salesmen, sales representatives, distributors or dealers that are not cancelable by it on notice of no longer than thirty (30) days and without liability, penalty or premium for any agreement or arrangement providing for the payment of any bonus or commission based on sales or earnings. v. PCP Sub has no employment agreement, or any other agreement, that contain any severance or termination pay liabilities or obligations. vi. PCP Sub is not in default under or in violation of, nor is there any valid basis for any claim of default under or violation of, any contract, commitment or restriction to which they are a party or by which they are bound. vii. PCP Sub has no employee to whom it is paying compensation at the annual rate of more than $200,000. viii. PCP Sub in not restricted by agreement from carrying on its business anywhere in the world. ix. PCP Sub is not outstanding any agreement to acquire any debt obligations of others. x. PCP Sub has no outstanding loans to any Person. xi. PCP Sub has no power of attorney outstanding or any obligations or liabilities (whether absolute, accrued, contingent or otherwise), as guarantor, surety, co-signer, endorser, co-maker, indemnitor or otherwise in respect of the obligation of any Person, corporation, partnership, joint venture, association, organization or other entity. xii. PCP Sub has no any commitments or obligations to continue to utilize the services of, or otherwise to ...
Sample 1

Examples of Contracts and Commitments in a sentence

  • Significant Customers; Material Contracts and Commitments SCHEDULE 2.12.

  • True and complete copies of all Contracts and Commitments have been delivered to Buyer.

  • Contracts and Commitments....................................................

  • Contracts and Commitments...........................................

  • Contracts and Commitments........................................................

  • Emphasis is on basic structural patterns of standard written English, mechanical conventions, vocabulary development and essay organization.

  • Contracts and Commitments.............................................

  • Material Contracts and Commitments ...........................20 SECTION 3.16.

  • Contracts and Commitments......................................................................

  • Significant Customers; Material Contracts and Commitments SCHEDULE 3.12.


More Definitions of Contracts and Commitments

Contracts and Commitments is defined in subsection 2.1(d);
Sample 1
Contracts and Commitments has the meaning ascribed to it in Section -------------------------- 1.2(a)(v).
Sample 1

Related to Contracts and Commitments

  • 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;

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Commitments means the Revolving Commitments and the Term Loan Commitments.

  • Schedule of Assumed Executory Contracts and Unexpired Leases means the schedule of certain Executory Contracts and Unexpired Leases to be assumed (or assumed and assigned) by the Debtors pursuant to the Plan, as the same may be amended, modified, or supplemented from time to time by the Debtors.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

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

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

  • Specified Contracts has the meaning set forth in Section 4.13(a).

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

  • Existing Commitment shall have the meaning provided in Section 2.17.

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

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Terminated Contracts has the meaning set forth in Section 5.6(a).

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

  • Existing Revolving Commitments has the meaning specified in Section 2.17(b).

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Designated Revolving Commitments means the amount or amounts of any commitments to make loans or extend credit on a revolving basis to the Company or any of its Restricted Subsidiaries by any Person other than the Company or any of its Restricted Subsidiaries that has or have been designated (but only to the extent so designated) in an Officers’ Certificate delivered to the Trustee as “Designated Revolving Commitments” until such time as the Company subsequently delivers an Officers’ Certificate to the Trustee to the effect that the amount or amounts of such commitments shall no longer constitute “Designated Revolving Commitments.”

  • Executory Contracts means executory contracts and unexpired leases as such terms are used in 11 U.S.C. § 365, including all operating leases, capital leases, and contracts to which the Debtor is a party or beneficiary on the Confirmation Date.

  • Extended Revolving Commitments has the meaning specified in Section 2.16(2).

  • Other Revolving Commitments means one or more Classes of revolving credit commitments hereunder or extended Revolving Commitments that result from a Refinancing Amendment or a Loan Modification Agreement.

  • Related Contracts is defined in clause (c) of Section 2.1.

  • Existing Contracts means the existing licenses and contracts given by the Railway Administration / Authority, in relation to commercial establishments, as existing on Station Development Land, as on the date of the Agreement, and as further set out in the Schedules, which shall, for avoidance of doubt, exclude any licenses and/ or contracts in relation to any Excluded Activities and/or Railway Operational Activities;

  • Schedule of Rejected Executory Contracts and Unexpired Leases means the schedule (including any amendments or modifications thereto), if any, of the Executory Contracts and Unexpired Leases to be rejected by the Debtors pursuant to the Plan, as set forth in the Plan Supplement, as amended by the Debtors from time to time in accordance with the Plan, which shall be in form and substance acceptable to the Debtors.

  • 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.

  • Scheduled Contracts has the meaning set forth in Section 4.16.

  • Service commitment area means a medically underserved Iowa city with a population of less than 26,000 that is located more than 20 miles from a city with a population of 50,000 or more. Each applicant participating in the program must contract with the service commitment area to ensure the service commitment area provides a nonrefundable $2,000 contribution for deposit in the rural Iowa advanced registered nurse practitioner and physician assistant trust fund. Payment of the nonrefundable contribution to the trust fund can be made by, but is not limited to, the following organizations: community agencies, hospitals, medical groups, municipalities, community foundations, local government entities, or other community entities. Locations and distances between cities will be consistently measured and verified by calculating the straight-line distance between main post offices.