Non-Assignable Contracts definition

Non-Assignable Contracts has the meaning set forth in Section 5.13(a).

Non-Assignable Contracts means Assigned Contracts that require third-party consents for assignment that have not been obtained by Sellers as of the Closing.

Non-Assignable Contracts shall have the meaning set forth in Section 2.2.

Examples of Non-Assignable Contracts in a sentence

• Notwithstanding any provision herein to the contrary, on the Effective Date, the Debtors shall retain all rights to the Non-Assignable Contracts and may use their reasonable best efforts to obtain any consent, approval or amendment, if any, required to novate, assume and/or assume and assign any Non-Assignable Contract.

• Kelly, Recognizing the Breadth of Non-Assignable Contracts in Bankruptcy: Enforcement of Nonbankruptcy Law as Bankruptcy Policy, 16 Am. Bankr.

• Sellers acknowledge and agree that for purposes of obtaining the consents of the applicable third parties to the assignment of the Non-Assignable Contracts, it shall be deemed commercially reasonable for the applicable Seller to remain liable for its obligations under a Non-Assignable Contract if Purchaser has used its commercially reasonable efforts to assist Seller in getting released from such liability, but notwithstanding such efforts the applicable third party will not agree to such release.

• Care must be taken in selecting the constraints being solved, as an arbitrary choice may obscure the symmetries of the amplitude.

• The Company shall have the continuing obligation after the Closing to use its best efforts to endeavor to obtain all necessary Consents to the assignment or transfer of any Non-Assignable Contracts.

More Definitions of Non-Assignable Contracts

Non-Assignable Contracts is defined in Section 2.5.

Non-Assignable Contracts means Assumed Contracts that require third-party consents for assignment or novation that have not been obtained by SLA as of the Closing.

Non-Assignable Contracts means any Contract, Lease or License, which (i) is not assignable without the consent of a third party, (ii) if such consent has not been obtained, and (iii) assignment or attempted assignment would otherwise constitute a breach of that Contract, Lease or License or otherwise be ineffective without such consent.

Non-Assignable Contracts shall have the meaning set forth in Section 2.4.

Non-Assignable Contracts has the meaning set forth in Section 5.14(a). “Non-Assigned Contracts” means the Non-Assignable Contracts, to the extent all applicable Consents to assignment thereof to the Purchaser or a Designated Purchaser have not been granted prior to the Closing Date, provided that if such Consents are granted within one

Non-Assignable Contracts. Material Agreements containing anti-assignment provisions or provisions pursuant to which the grant of a security interest in any Grantor’s interest therein is prohibited, or constitutes a breach or default thereunder or results in the termination thereof or requires any consent not obtained thereunder.

Non-Assignable Contracts has the meaning assigned to such term in Section 3.2.