Critical Contracts definition

Critical Contracts means Procurement Contracts which must be awarded within a specific time period because delay of award would have a serious adverse effect on DASNY that outweighs the benefits of advertising or reporting in the Contract Reporter as determined by the President or his or her designee.
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Critical Contracts means those other Contracts that are, in the opinion of the Purchaser, acting reasonably, necessary and critical to the operation of the Business and the Purchased Assets as a going concern after the Closing Date as listed and specified as “Critical Contracts” on Schedule “C”.
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Critical Contracts means each of the Contracts listed in items 1 to 24 of Schedule 17.*** Certain confidential portions (indicated by brackets and asterisks) have been omitted from this exhibit because such information is both (i) non-material and (ii) would be competitively harmful if publicly disclosed.***
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Examples of Critical Contracts in a sentence

  • All consents necessary to assign the Critical Contracts and the Real Property Leases to the Purchaser shall have been obtained, or an Assignment Order shall have been issued and entered by the Court in respect of such Critical Contracts and Real Property Leases where necessary consents have not been obtained, and any such Assignment Order shall be a Final Order.

  • In addition, because vendors transact with MSEs that are insulated from financial and business risk, the Firm’s approach to continuity of critical outsourced services mitigates vendors’ incentive to cease performing under Critical Contracts for fear of non-payment or failure of the service entities.

  • There is no existing material default or breach by the applicable Operating Entity under any Material Contract (excluding Critical Contracts) and, to the Knowledge of the Seller, there is no such default or breach with respect to any third party to any Material Contract, except for any such default or breach as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • This may have an impact on the overall success of the contract.Contracts should stipulate clearly defined governance structures, including reporting arrangements, at each level of the organisation.

  • If the above options do not take place, then the alternative will be that the forming group will randomly select two people, and the opposition will provide the names of two people.

  • Identified critical operational or technology and data gaps in the Firm’s ability to execute on the Firm’s Resolution Strategy through the AREA process and determined, assigned and monitored related enhancement efforts.• Contract Remediation: Set Firm policy for the creation, contents, retention and reporting of Non-QFC Critical Contracts necessary for a Material Entity to effectuate the Firm’s Resolution Strategy.

  • With respect to third-party services, the CRP (i) identifies Critical Contracts; (ii) confirms that such Critical Contracts are designed to facilitate continuity of services covered under the contracts in resolution; and (iii) establishes controls to identify future Critical Contracts while providing that such contracts must comply with the same standards.

  • Provided, however, -------- ------- Buyer shall not be obligated to close until Seller has obtained all consents of third parties which are required for the assignment of those contracts listed on Exhibit 2.5 hereto (the "Critical Contracts").

  • Buyer shall have the right, pursuant to paragraph 8.1, to immediately terminate this Agreement if any of the Critical Contracts terminates prior to the Closing Date, or if the Charter Entities are unable to assume and assign to Buyer any of the Critical Contracts as of the Closing Date.

  • Agent shall have received copies of the Critical Contracts and all Material Contracts described on Schedule 6.17 which are requested by the Agent.


More Definitions of Critical Contracts

Critical Contracts is defined in Section 2.5(c) hereof.
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Critical Contracts means, contracts with Volvo Group North America, LLC and/or Xxxx Trucks, Inc. and/or any other customer contract which Agent shall deem, in its reasonable judgment, from time to time to be a “Critical Contract.”
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Related to Critical Contracts

  • 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;

  • 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.

  • 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).

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • 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.

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

  • Company Material Contracts has the meaning set forth in Section 3.18(a).

  • Material Contracts has the meaning set forth in Section 3.09(a).

  • 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.

  • 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;

  • 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.

  • Intellectual Property Contracts means all agreements concerning Intellectual Property, including without limitation license agreements, technology consulting agreements, confidentiality agreements, co-existence agreements, consent agreements and non-assertion agreements.

  • Subcontracts means subcontract(s) in any tier.

  • Contracts Finder means the Government’s publishing portal for public sector procurement opportunities;

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

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • List of Approved Contractors means a list developed by each Transmission Owner and published in a PJM Manual of (a) contractors that the Transmission Owner considers to be qualified to install or construct new facilities and/or upgrades or modifications to existing facilities on the Transmission Owner’s system, provided that such contractors may include, but need not be limited to, contractors that, in addition to providing construction services, also provide design and/or other construction-related services, and (b) manufacturers or vendors of major transmission-related equipment (e.g., high-voltage transformers, transmission line, circuit breakers) whose products the Transmission Owner considers acceptable for installation and use on its system.

  • Original contractor means a person, including an owner-builder, that contracts with an owner to provide preconstruction service or construction work.

  • 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);

  • Central Contracts and Legal Services means the DSHS central headquarters contracting office, or successor section or office.

  • IP Contracts means all Contracts pursuant to which a party hereto or any of its Affiliates grants or obtains any rights to use Intellectual Property (other than Contracts in which such Intellectual Property is incidental to such Contracts).

  • List of Contracts means the list identifying each Contract constituting part of the Trust Corpus, which list (a) identifies each Contract and (b) sets forth as to each Contract (i) the Principal Balance as of the Cutoff Date, (ii) the amount of monthly payments due from the Obligor, (iii) the Contract Rate and (iv) the maturity date, and which list (as in effect on the Closing Date) is attached to this Agreement as Exhibit H.

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

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