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New Service Contracts definition

New Service Contracts means the new three-year employment contracts to be entered into between the Existing Employees and the Company.
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Examples of New Service Contracts in a sentence

  • Between the date hereof and the Closing Date, Seller shall not enter into any New Service Contracts or modify, renew or extend the term of any of the Existing Service Contracts or New Service Contracts without Purchaser's prior written consent in each instance, which consent shall not be unreasonably withheld, conditioned or delayed.

  • Notwithstanding anything contained in this Section 15.7 to the contrary, Seller shall have the right, without Purchaser's consent, to terminate any one or more of the Existing Service Contracts and the New Service Contracts at any time on or prior to the Closing Date.

  • With respect to any such New Service Contract, Buyer shall notify the Seller in writing within three (3) business days (“New Service Contract Approval Period”) after its receipt thereof (and any additional information reasonably requested by Buyer from Seller relating to any of the New Service Contracts) of either its approval or disapproval thereof, which approval shall not be unreasonably withheld, conditioned or delayed.

  • All such New Service Contracts which have been consented to or deemed consented to shall constitute Assumed Service Contracts under the P&S Contract.

  • However, the question is whether such guarantees are enforceable -- no matter how well drafted.

  • Notwithstanding the foregoing, Seller shall have the right, without Purchaser’s consent, (i) to enter into new Service Contracts or modify existing Service Contracts at any time on or prior to the Closing Date, provided that the same are terminable upon not more than thirty days notice without penalty, cost, or fee and (ii) to terminate the Existing Service Contracts and the New Service Contracts at any time on or prior to the Closing Date.

  • All Service Contracts, and New Service Contracts, if applicable, which can be terminated on thirty (30) day notice without penalty or termination fee shall be assigned to Purchaser at Closing and all other Service Contracts and New Service Contracts and any management and leasing agreements shall be terminated by Seller as of the applicable Closing at Seller's expense.

  • NVTA adopts a list of projects annually to be funded by the TFCA Program Manager funds.

  • The increase in cost of sales was attributable to the increase in both parts cost and labour cost for the expansion of warehouse facilities and opening of new repair centre for the Two New Service Contracts.

  • Or if we believe it will take more than ten (10) years for the coverage ratio to go above 122% again.

Related to New Service Contracts

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Tax Service Contract As defined in Section 3.09(a).

  • Customer Contracts means any and all Contracts with customers of the Company, including professional services agreements, supply agreements, service agreements, license agreements, maintenance and development agreements and consulting agreements.

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Service contract holder or "contract holder" means a person

  • 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;

  • New Service Customers means all customers that submit an Interconnection Request, a Completed Application, or an Upgrade Request that is pending in the New Services Queue.

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

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

  • Customer Contract means any contract or other agreement for the delivery of goods or performance of services by the Company or any of its Subsidiaries.

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

  • 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);

  • Seller Contracts means all contracts or agreements to which Seller is a party or to which any of its material assets are bound.

  • Executory Contracts means executory contracts and unexpired leases as such terms are used in 11 U.S.C. § 365, including all operating leases, capital leases, and contracts to which the Debtor is a party or beneficiary on the Confirmation Date.

  • Space Leases means any Lease or sublease thereunder (including, without limitation, any Major Space Lease) or any other agreement providing for the use and occupancy of a portion of the Property as the same may be amended, renewed or supplemented.

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • New Services shall have the meaning set out in Clause 7.1;

  • NEW SERVICE means a service, treatment, procedure, facility, equipment, drug, device, or supply we previously have not reviewed to determine if the service is eligible for coverage under this plan. NON-NETWORK PHARMACY is any pharmacy that has not entered into a contract to accept our pharmacy allowance for prescription drugs and diabetic equipment or supplies covered under this plan.

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

  • Supplier/Contractor means the individual, firm or company with whom the contract has been concluded for supplying the Goods and Services under the Contract. The Supplier/Contractor shall be deemed to include its successors (approved by the purchaser), representatives, heirs, executors, administrators and permitted;

  • Project Contract means any contract between the District or the Corporation and any contractor or vendor regarding the construction, production or other acquisition or installation of any part of an Acquisition Project.

  • Assigned Contract has the meaning set forth in Section 2.2.

  • 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.

  • Service Subcontract means a subcontract primarily for the furnishing of services, to or for a recipient of Assistance, except where services are incidental to the delivery of products, equipment or commodities. A contract for the purchase or lease of goods, products, equipment, supplies or other property is not a “service subcontract” for the purposes of this definition.

  • Schedule of Rejected Executory Contracts and Unexpired Leases means the schedule (including any amendments or modifications thereto), if any, of the Executory Contracts and Unexpired Leases to be rejected by the Debtors pursuant to the Plan, as set forth in the Plan Supplement, as amended by the Debtors from time to time in accordance with the Plan, which shall be in form and substance acceptable to the Debtors.

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Most Referenced Definitions