Minor Contract definition

Minor Contract means any Contract that is terminable by a Company Group Member on not more than 30 days’ notice without any Liability and any Contract under which the obligation of the Company Group Members (fulfilled and to be fulfilled) involves an amount of less than $25,000.
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Minor Contract means any one of the following:
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Minor Contract means any Contract under which the executory obligation of a party involves an amount of less than $10,000.
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Examples of Minor Contract in a sentence

  • The parties acknowledge that no consents will be sought with respect to any Minor Contract even if the failure to so obtain a consent to assignment may result in a default or termination thereunder.

  • The Annual Minor Contract vendors will be audited in each year of the contract.

  • The training program will be tailored to the roles, responsibilities, and capacity of stakeholders based on the stakeholder assessments under output 1, and will include pre- and post-training surveys to measure and improve training effectiveness.

  • The Scope and Fee is updated with this amendment to include Minor Contract Revisions.

  • Type of ContractMinimum ProcedureMinorBelow £30,000< than £2,000 £2,000 or above but <£10,000 £10,000 or above but< £30,000You must follow the Minor Contract Procedures contained at Appendix 1A single oral quotation is acceptable (confirmed in writing if greater than £500) however a second quotation should be considered At least 2 written quotations must be obtained before an order is placed through WCC financial systems.


More Definitions of Minor Contract

Minor Contract is defined in Section 5.1.8. --------------
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Minor Contract is defined in Section 5.1.8.
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Minor Contract has the meaning assigned to such term in Section 1.1 of the Building Loan Agreement.
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Minor Contract is defined in Section 3.14(a).
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Minor Contract means any Contract that is terminable by a party on not more than 30 days' notice without any Liability or any Contract under which the obligation of a party (fulfilled and to be fulfilled) involves an amount of less than U.S. $75,000 (or an equivalent amount in foreign currency for any Contract not denominated in U.S. dollars).
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Minor Contract means any Contract that involves an amount of less than $25,000; provided that all Minor Contracts in the aggregate involve an aggregate amount of less than $100,000.
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Minor Contract means a Contract that provides for annual payments of less than ten thousand dollars ($10,000). “Non-Assignable Contract” is defined in Section 2.5.
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