Material Assigned Contracts definition

Material Assigned Contracts means, to the extent that they relate to the Assets, the following: (a) any Assigned Contract that can reasonably be expected to result in aggregate payments by or revenues to the Sellers or Buyer with respect to the Assets of more than$200,000.00 during the current or any subsequent fiscal year (based solely on the terms thereof and without regard to any expected increase in volumes or revenues); (b) any Assigned Contract that provides for the purchase and sale, exchange, marketing, compression, gathering, transportation, processing or refining of Hydrocarbons, or similar Assigned Contracts (in each case) to which a Seller is a party (or to which any portion of the Assets is subject) with respect to Hydrocarbons from the Assets that is not terminable without penalty on ninety (90) days or less notice (including any Assigned Contract providing for volumetric or monetary commitments or indemnification therefor or for dedication of future production); (c) any Assigned Contract binding upon a Seller to sell, lease, farmout, or otherwise dispose of or encumber any interest in any of the Assets after the date hereof, other than conventional rights of reassignment arising in connection with a Seller’s surrender or release of any of the Assets (except where any such right of reassignment has been triggered prior to the Effective Date); (d) any Assigned Contracts that would obligate Buyer to drill additional wells or conduct other material development operations after the Closing; (e) any Assigned Contracts that constitute a non-competition agreement or any agreement that purports to restrict, limit, or prohibit the manner in which, or the locations in which, the Sellers conducts business, including areas of mutual interest; (f) any Assigned Contracts providing for any call upon, option to purchase, Preferential Right, Hard Consent or similar rights with respect to the Assets or to the production therefrom or the processing thereof, or is a dedication of production or otherwise requires production to be transported, processed, or sold in a particular fashion; (g) any Assigned Contract that constitutes a joint or unit operating agreement;(h) any Assigned Contract that constitutes a farmout agreement, partnership agreement, participation agreement, exploration agreement, development agreement, production sharing agreement, allocation agreement, seismic or geophysical agreement, balancing agreement, water rights agreement, unitization, pooling or drilling development...
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Material Assigned Contracts has the meaning set forth in Section 4.12.
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Material Assigned Contracts shall have the meaning ascribed to such term in Section 6.9. 6.5(b). corporation.
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Examples of Material Assigned Contracts in a sentence

  • Subject to the consents listed on Schedule 4.11, Seller has the right to assign, transfer and convey to the Buyer the Material Assigned Contracts.

  • Seller has received no notice that any party to any of the Material Assigned Contracts intends to cancel or terminate the agreements and to Seller’s Knowledge, there is no default or event that with notice and/or lapse of time would constitute a material default by any party to any of the Material Assigned Contracts.

  • An additional 46.7 acres of wetlands within the former Philadelphia Water Department sludge lagoons will be altered to relocate part of the USACE Fort Mifflin Dredge Disposal Facility.

  • Schedule 4.11 is a complete list of all Material Assigned Contracts.

  • KfW Financial Report 2022 Combined Management Report | Notes to the KfW annual financial statements prepared in accordance with the German Commercial Code | 62 Declaration of compliance The Executive Board and Board of Supervisory Directors of KfW have resolved to recognise the principles of the Federal Public Corporate Governance Code (Public Corporate Governance Kodex des Bundes – “PCGK”) and apply them at KfW.

  • Schedule 4.5 lists all Material Assigned Contracts in effect as of the Execution Date, to which a Seller is a party or by which its interests in the Assets are bound.

  • Neither Seller nor, to the knowledge of Seller, any other party to any of the Material Assigned Contracts is (with or without notice or lapse of time, or both) in breach or default in any material respect under any Material Assigned Contract, except where such breaches or defaults are capable of cure in accordance with the provisions of Section 365 of the Bankruptcy Code.

  • Further, except as disclosed on Schedule 5.9(c), Seller has disclosed correct and complete copies of the Material Assigned Contracts (including any and all amendments and supplements thereto and written waivers thereof) to Buyer.

  • Except as may result from the Chapter 11 Cases, no material default or breach (or event that, with notice or lapse of time, or both, would become a material default or breach) of any Material Assigned Contracts has occurred or is continuing on the part of a Seller, or, to the Sellers’ Knowledge, on the part of any other Person that is a party to a Material Assigned Contract.


More Definitions of Material Assigned Contracts

Material Assigned Contracts means, to the extent that they relate to the Oil and Gas Assets, the following:
Sample 1
Material Assigned Contracts means, collectively, (i) all Assigned Contracts listed on Schedule 6.9 and (ii) all Assigned Contracts entered into after the date of this Agreement that would, if entered into on or prior to the date of the Agreement, be required to be listed in Schedule 6.9.
Sample 1
Material Assigned Contracts means the PPAs, the O&M Agreement, the Gas Sales Contract, the Gas Transportation Agreements, the Steam Sale Agreement, and the Lease.
Sample 1
Material Assigned Contracts means, to the extent that they relate to the Assets, the following: (a) any Assigned Contract that can reasonably be expected to result in aggregate payments by or revenues to the Sellers or Buyer with respect to the Assets of more than $200,000.00 during the current or any subsequent fiscal year (based solely on the terms thereof and without regard to any expected increase in volumes or revenues); (b) any Assigned Contract that provides for the purchase and sale, exchange, marketing, compression, gathering, transportation, processing or refining of Hydrocarbons, or similar Assigned Contracts (in each case) to which a Seller is a party (or to which any portion of the Assets is subject) with respect to Hydrocarbons from the Assets that is not terminable without penalty on ninety (90) days or less notice (including any Assigned Contract providing for volumetric or monetary commitments or indemnification therefor or for dedication of future production); (c) any Assigned Contract binding upon a Seller to sell, lease, farmout, or otherwise dispose of or encumber any interest in any of the Assets after the date hereof, other than conventional rights of reassignment arising in connection with a Seller’s surrender or release of any of the Assets (except where any such right of reassignment has been triggered prior to the Effective Date); (d) any Assigned Contracts that would obligate Buyer to drill additional xxxxx or conduct other material development operations after the Closing; (e) any Assigned Contracts that constitute a non-competition agreement or any agreement that purports to restrict, limit, or prohibit the manner in which, or the locations in which, the Sellers conducts business, including areas of mutual interest; (f) any Assigned Contracts providing for any call upon, option to purchase, Preferential Right, Hard Consent or similar rights with respect to the Assets or to the production therefrom or the processing thereof, or is a dedication of production or otherwise requires production to be transported, processed, or sold in a particular fashion; (g) any Assigned Contract that constitutes a joint or unit operating agreement; (h) any Assigned Contract that constitutes a farmout agreement, partnership agreement, participation agreement, exploration agreement, development agreement, production sharing agreement, allocation agreement, seismic or geophysical agreement, balancing agreement, water rights agreement, unitization, pooling or drilling developme...
Sample 1

Related to Material Assigned Contracts

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

  • Assigned Contract has the meaning set forth in Section 1.5(a).

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

  • Assumed Contract means any Executory Contract or Unexpired Lease assumed by the Reorganized Debtors in accordance with Article V of the Plan.

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Seller Contracts means all Contracts (i) relating to the Business under which Seller has or may acquire any rights or benefits, (ii) relating to the Business under which Seller has or may become subject to any obligation or Liability or (iii) by which any of the Purchased Assets or Assumed Liabilities is or may become bound.

  • Acquired Contracts has the meaning given in Section 2.1(a).

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

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Assigned Leases has the meaning specified in Section 2.01(b).

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

  • 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);

  • 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).

  • Shared Contracts means contracts pursuant to which a non-affiliated third party provides material services, Intellectual Property, Software or benefits to Seller or one or more of its Affiliates (including the Acquired Companies) in respect of both the Business and any other business of Seller and its Affiliates (other than the Acquired Companies).

  • Material Contract means any contract or other arrangement (other than Loan Documents), whether written or oral, to which any Credit Party is a party as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could reasonably be expected to have a Material Adverse Effect.

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

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

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

  • Assigned Agreements means all agreements and contracts to which such Grantor is a party as of the date hereof, or to which such Grantor becomes a party after the date hereof, including, without limitation, each Material Contract, as each such agreement may be amended, supplemented or otherwise modified from time to time.

  • Material Agreements shall have the meaning assigned to such term in Section 4.16 hereof.

  • Material Leases has the meaning set forth in Section 4.21.

  • 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.

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Assigned Documents has the meaning assigned to that term in Section 2.12.

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

  • 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;