Examples of Material Business Contracts in a sentence
True and correct copies of all Material Business Contracts have been provided to Purchaser prior to the date hereof, together with any amendments, supplements, exhibits, schedules or addendums thereto.
Except as would not reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect, Seller, its Subsidiaries or the Acquired Companies, as applicable, have performed all of the obligations required to be performed by them to date under, and are not in breach of or default under, any of the Material Business Contracts, and, to the Knowledge of Seller, no other party to one of the Material Business Contracts is in material default thereunder.
No party to any of the Material Business Contracts has made or asserted in writing any defense, set off or counterclaim under any of those Material Business Contracts or has exercised any option granted to it to cancel or terminate its Material Business Contracts or to shorten the term of its Material Business Contracts.
To the Company's Knowledge, each of the Material Business Contracts is a valid and binding obligation of each other Person party thereto and is in full force and effect enforceable against the parties thereto in accordance with its terms.
There are no renegotiations of, attempts to renegotiate or outstanding rights to renegotiate any Material amounts paid or payable to Seller under current or completed Material Business Contracts, Retransmission Agreements or Contracts with Material Advertisers that would result in an increase of any annual payments by Seller of at least Ten Thousand Dollars ($10,000).