Material Commercial Contract definition

Material Commercial Contract means any contract (a) containing or triggering a most favored nations, right of first refusal or non-competition provision or (b) requiring the approval of the Company pursuant to the C&O Agreements.
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Material Commercial Contract means (i) any contract containing or triggering a most favored nations, right of first refusal or non-competition provision and (ii) any contract requiring the approval of the Company pursuant to Section 4 of the Operating Services Agreement.
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Material Commercial Contract means a Contract relating exclusively to the Operations (a) which involves or may reasonably be expected to involve the payment to or by the Vendor of more than $2,500,000 over the term of that Contract, (b) containing covenants of the Vendor not to acquire any property, compete in any line of business or with any Person, (c) relating to the acquisition or disposition of any material business or material assets (whether by merger, sale of stock or assets or otherwise), which acquisition or disposition is not yet complete, (d) providing for a guarantee, support or indemnification by the Vendor, assumption or endorsement by the Vendor of, or any similar commitment by the Vendor with respect to any indebtedness or obligation of any other Person which involves or may reasonably be expected to involve payment by the Vendor of more than $2,500,000, (e) with a Governmental Authority, (f) relating to the settlement of pending litigation that have any obligations outstanding as of the date hereof involving the payment to or by the Vendor of more than $2,500,000, and (g) is otherwise material to the conduct of Operations, taken as a whole; provided that “Material Commercial Contract” does not include Contracts with Indigenous Groups, Licences, the New Afton Mining Lease, the New Afton Land Act Lease, Premises Leases, Contracts with Employees, Personal Property Leases, or any Contract relating to or creating an interest in real property including Royalty Agreements, Residual Property Rights and Contracts in respect of New Afton Real Property.
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Examples of Material Commercial Contract in a sentence

  • Table 6 Attest or direct reporting audits Attest Audit is work performed to enable an opinion to be expressed regarding a report about financial or performance matters prepared by the party who is accountable for the financialtransactions or the performance summary.Direct Reporting is an examination resulting in a written report being prepared where the party responsible for the matter examined has not been significantly involved in initiating or preparing thereport.

  • The Vendor has not received any notice of a default in respect of any Material Commercial Contract.

  • The Sellers are not aware of the invalidity of any Material Commercial Contract and no Group Company has received written notice of termination, rescission or invalidation or written notice of claim pertaining to any actual or alleged breach of any Material Commercial Contract.

  • Commercial Contracts contain any provision entitling any party to a Material Commercial Contract (other than a Group Company) to terminate such Material Commercial Contract as a result of the execution of this agreement or Completion of the Transaction.

  • During the three (3) years preceding the date of this Agreement, no Group Company has received written notice from a counterparty of a Material Commercial Contract that it intends to terminate or change the material terms of such contract.

  • Section 10.2 provides the brief overview of the related work in terms of MTD and cyberdeception techniques for IoT environments, security models and metrics, and SDN technology and its use for IoT environments.

  • Except for Required Consents, no Consent is required nor is any notice required to be given under any Material Commercial Contract noted as continuing in Schedule 4.1(16) of the Disclosure Letter by any party thereto or any other Person in connection with the completion of the transactions contemplated by this Agreement on the Closing Date in order to maintain all rights of the Vendor under such Material Commercial Contract.

  • The Vendor is not in material default under any Material Commercial Contract and there has not occurred any event which, with the lapse of time or giving of notice or both, would constitute a material default under any Material Commercial Contract by the Vendor or, to the knowledge of the Vendor, any other party to the Material Commercial Contract.

Related to Material Commercial Contract

  • Commercial Contract means any written contract to which a VSE Entity is a party (other than a Government Contract or Government Subcontract) which gives rise or may give rise to Receivables.

  • 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.

  • Parent Material Contract shall have the meaning set forth in Section 4.16(a).

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

  • Material Project Documents means, collectively, the Power Purchase Agreement, the EPC Contract, the Transmission Facilities Construction Agreement, the O&M Agreement, the Coal Supply Agreements, the Coal Transportation Agreement and all other instruments, agreements or other documents arising from or related to the Project, but shall not include any Financing Agreement.

  • Material Consents as defined in Section 7.3.

  • Material Agreement means any material contract, commitment, agreement (written or oral), instrument, lease or other document, license agreement and agreements relating to intellectual property, to which the Corporation or any Subsidiary are a party or to which any of their property or assets are otherwise bound;

  • Material Compliance Matter has the same meaning as the term defined in Rule 38a-1, and includes any compliance matter that involves: (1) a violation of the federal securities laws by Distributor (or its officers, directors, employees, or agents); (2) a violation of Distributor's Rule 38a-1 policies and procedures; or (3) a weakness in the design or implementation of Distributor's Rule 38a-1 policies and procedures.

  • Company Material Contract has the meaning set forth in Section 3.15(a).

  • Financial Contract of a Person means (i) any exchange-traded or over-the-counter futures, forward, swap or option contract or other financial instrument with similar characteristics or (ii) any Rate Management Transaction.

  • Material Lease has the meaning set forth in Section 3.17(a).

  • Material Company means, at any time:

  • Material IP means any Intellectual Property that is material to the conduct of the business of the Borrower and its Restricted Subsidiaries, taken as a whole.

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

  • Company IP Contract means any Contract to which the Company is a party or by which the Company is bound, that contains any assignment or license of, or covenant not to assert or enforce, any Intellectual Property Right or that otherwise relates to any Company IP or any Intellectual Property developed by, with, or for the Company.

  • Material Deviation refers to any contents or characteristics of the proposal that is significantly different from an essential aspect or requirement of the RFP, and : (i) substantially alters the scope and quality of the requirements; (ii) limits the rights of UNDP and/or the obligations of the offeror; and (iii) adversely impacts the fairness and principles of the procurement process, such as those that compromise the competitive position of other offerors.

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

  • Environmental Approval means any present or future permit, ruling, variance or other Authorisation required under Environmental Laws.

  • Project Documents means all documents relating to the Construction Loan, Mortgage Loan and Construction Contract. It shall also include all documents required by any governmental agency having jurisdiction over the Apartment Housing in connection with the development, construction and financing of the Apartment Housing, including but not limited to, the approved Plans and Specifications for the development and construction of the Apartment Housing.

  • Project Document means any one of the foregoing;

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

  • Financial Contracts means any arrangement that:

  • Material Permit shall have the meaning ascribed to such term in Section 3.1(n).

  • Material Documents has the meaning set forth in Section 5.23.

  • Material Insurance Subsidiary means a Material Subsidiary that is also an Insurance Subsidiary.

  • Informed Financial Consent means the medical provider advises you of any out-of-pocket costs before your admission. This is called Informed Financial Consent.