Key Contract definition

Key Contract means: (a) each agreement and contract listed in the Appendix (List of Key Contracts) to Schedule 14.3 (Key Contracts) as at the date of the Franchise Agreement; and (b) any other agreement, contract, licence or other arrangement to which the Franchisee is a party or under which the Franchisee is the beneficiary from time to time which is designated as such pursuant to Schedule 14.3 (Key Contracts), but excluding any such agreement, contract, licence or other arrangement which ceases, in accordance with the terms of the Franchise Agreement, to be designated as a Key Contract;

Key Contract means any one of the following Contracts for Work Developer causes to be performed:

Key Contract means any Purchase Order or any other agreement between the Customer and the Supplier where the Customer is an Operator and which is designated by the Secretary of State to be a ‘Key Contract’ in accordance with a Rail Services Agreement but excluding any such agreement once it ceases to be designated as a Key Contract;

Examples of Key Contract in a sentence

• The terms of each Key Contract [(including but not limited to design, construction, testing, commissioning and operation and maintenance)]37 have been complied with by the Vendor in all material respects and, so far as the Vendor is aware, the other parties to the Key Contracts (in each case) in all material respects.

• The need for a Key Contract Side Deed will be determined based on Health's risk assessment.

• Schedule 1 – Key Contract Information This schedule sets out the information that is relevant to your agreement, for example, the equity limit and the amount that the Local Authority will lend you.

• Also, the Vendor may need to retain the benefit of defects liability warranties under a Key Contract, both in respect of the Assets and other assets (in case, for example, a defect with the Assets causes damage to assets owned by the Vendor post-Completion).

• Developer shall not terminate any Key Contract with a Key Contractor, or permit or suffer any substitution or replacement (by way of assignment of the Key Contract, transfer to another of any material portion of the scope of work, or otherwise) of such Key Contractor, except in the case of material default by the Key Contractor or with TxDOT’s prior written approval in its good faith discretion.

More Definitions of Key Contract

Key Contract means (i) each Contract with a Material Customer; and (ii) each of the top 25 RemainCo Contracts that are Customer Contracts by MRR, determined by reference to MMR in the last full calendar month immediately prior to Completion;

Key Contract means a contract entered into on behalf of the Member Authorities as directed by the Joint Committee with a Utility Supplier which the Joint Committee designates as a contract during which a Member Authority may not withdraw from membership of the Joint Committee. Contracts for the supply of gas and electricity shall automatically be deemed Key Contracts unless otherwise agreed by the Joint Committee. Key Decision A decision likely to be taken by the Joint Committee, or by an officer pursuant to a delegation by the Joint Committee, which is likely to result in income, expenditure or savings of £500,000 or greater, or to have a significant effect, on, two or more Electoral Divisions of a Member Authority.

Key Contract means any agreement, contract, licence or other arrangement to which the Operator is a party or under which the Operator is the beneficiary from time to time which is designated as such pursuant to Schedule 18.1 (Continuity of Services) but excluding any such agreement, contract, licence or other arrangement which ceases, in accordance with the terms of this Agreement, to be designated as a Key Contract;

Key Contract means any one of the following Contracts for Work that Design-Build Team or Design-Build Team’s Contractor’s causes to be performed:

Key Contract has such meaning as set forth on Schedule 1.1(a).

Key Contract means a Contract listed on Schedule 2.5(a).

Key Contract means a Contract that is either (x) a Material Contract or, (y) if not a Material Contract, an outstanding Contract pursuant to which the Company or any of its Subsidiaries (A) provides material products or services to any Major Customer, (B) provides products or services to any third party (other than any Major Customer), in respect of which the aggregate consideration payable to the Company or its Subsidiaries exceeds RMB 10,000,000, or (C) purchases products, services or supplies from any third party, in respect of which the aggregate consideration payable by the Company or its Subsidiaries exceeds RMB 8,000,000.