Nortel Agreement definition

Nortel Agreement means, collectively, Vendor Agreements between Nortel and one or more of the Obligors (other than the Issuer) providing in the aggregate for the deferral of all presently outstanding Vendor Obligations due from the Obligors to Nortel giving effect to a maximum cash payment of $15,000,000 in connection with such deferral.
Sample 1
Nortel Agreement means the Master Purchase Agreement dated August 11, 1999 between Nortel Networks, Inc. and Seller, a true, accurate and complete copy of which, certified by the Secretary of Seller, has been delivered to Purchaser on the date hereof.
Sample 1
Nortel Agreement means that certain Network Products Purchase Agreement dated July 2, 1998 by and between the Borrower and Nortel, as amended, modified or supplemented from time to time insofar as the same relates to the Project.
Sample 1

Examples of Nortel Agreement in a sentence

  • The Borrower will deliver to the Trustees on the date hereof Acknowledgement and Consents, substantially in the form of Annex I, in respect of the Sprint Trademark Agreement, the Lucen Agreement and the Nortel Agreement (as such terms are defined in Schedule 1), duly executed by Sprint Communications Company, L.P., Lucent Technologies Inc.

  • Sellers shall have consummated the transactions contemplated by the Nortel Agreement and shall own the LLC Interests in the percentages set forth in the recitals to this Agreement.

  • Neither Borrower nor any Subsidiary of Borrower is in default, and to Borrower's knowledge no third party is in default, under or with respect to any contract, agreement, lease or other instrument to which it is a party and which could have a Material Adverse Effect, except for the Borrower's failure to make payments under the Nortel Agreement, which defaults the Borrower will cure within ten (10) days of the Closing Date.

  • Except as set forth on SCHEDULE 4.9 hereto, after giving effect to the application of the proceeds of the Senior Credit Facility, each of the Company and its Subsidiaries has good and valid and insurable fee simple title to its owned real property, free and clear of all Liens, except Permitted Liens and Liens created by the Senior Credit Facility, the Nortel Agreement, the Bechtel Agreement and the Vendor Agreements.

  • Other than the foregoing, the Credit Documents do not conflict with the Nortel Agreement in any way that is reasonably likely to have a Material Adverse Effect.

  • The Purchasers hereby consent to an amendment to the Nortel Agreement in substantially the form of Exhibit A hereto.

  • To the extent that, by reason of the execution and delivery of the Nortel Agreement as provided for herein such assumption is incorrect, then such $355,000,000 figure shall be reduced on a dollar-for-dollar basis by the amount of such equipment so purchased or delivered that is not treated as a Capital Expenditure under GAAP.

  • Upon Lender's demand, all Obligations arising from Advances for Equipment financed for purchase under the Nortel Purchase Agreement will become due and payable pursuant to the terms of the Note if such Nortel Agreement is terminated prior to the completion and acceptance of such Equipment.

  • The foregoing notwithstanding, this Section 5.1 shall not limit in any way (x) Sellers' ability to cause WCS to make distributions of cash to Sellers (y) Sellers' ability to take or to cause WCS to take any action with respect to any Intercompany Account and no such distribution shall be deemed to breach any provision hereof or (z) Sellers' ability to comply with Sections 2.8 (Distributorship Agreement) and 5.1(e) (Nortel accounts receivable) of the Nortel Agreement.

  • The obligations of the Borrowers and the Guarantors under this Section 5.06, as they relate to access, inspection and discussion rights pertaining to any member of the Delta Group shall subject to the confidentiality provisions set forth in the Nortel Agreement (and the agreements contemplated thereby entered into as of the Nortel Effective Date).


More Definitions of Nortel Agreement

Nortel Agreement shall have the meaning set forth in the recitals.
Sample 1
Nortel Agreement means, collectively, the agreements entered into by and among Delta, the Domestic Borrower, other Subsidiaries and Nortel in connection with the Nortel Transaction.
Sample 1
Nortel Agreement has the meaning set forth in the Citicorp Facility.
Sample 1
Nortel Agreement shall have the meaning given to such term in the recitals to the First Amendment.
Sample 1
Nortel Agreement means the Nortel Disengagement and Asset Purchase Agreement dated 12 November 2002 between Nortel Networks Limited, PwC BPO Mideast Holdings LLC, PwC US, Pricewaterhouse LLP (Canada), PwC BPO and PwC Outsourcing France SAS;
Sample 1

Related to Nortel Agreement

  • Client Agreement means the agreement between the Company and the Client, which together with the Terms of Business are defined as “Operative Agreements” and govern the terms on which the Company deals with the Client.

  • Vendor Agreement means a contractual agreement for ancillary services or commodities which are not material for the provision of services under the head contract.

  • Reciprocal agreement means an agreement between this state and a higher education compact or 1 or more other states that allows participating colleges to provide distance education to residents of this state and other member states under this act.

  • Services Agreement means an agreement entered into between a Utility and one or more Affiliates for the provision of Shared Services or For Profit Affiliate Services and shall provide for the following matters as appropriate in the circumstances:

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;

  • Secondment Agreement is defined in Section 2.2.

  • Arrangement Agreement means the arrangement agreement dated as of April 18, 2019 between the Purchaser and the Company, including the schedules and exhibits thereto, providing for, among other things, the Arrangement, as the same may be amended, supplemented or restated.

  • leasing agreement means an agreement by which one person (the lessor) grants a right to possession or control of an object (with or without an option to purchase) to another person (the lessee) in return for a rental or other payment;

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.

  • Xxxxxx Agreement means that certain Contingent Stock Agreement, effective as of January 1, 1996, by The Xxxxx Company in favor of and for the benefit of the Holders (named in Schedule I thereto) and the Representatives (therein defined), as amended.

  • Hotel Management Agreement means any management agreements between a Hotel Management Company and Lessee and/or Landlord, as applicable, as such management agreements are amended from time to time for the Hotel.

  • Interlocal Agreement means an agreement entered into under this act.

  • Licensing Agreement means a commercial agreement between a design approval holder and a production approval holder (or applicant) formalizing the rights and duties of both parties to use the design data for the purpose of manufacturing the product or article.

  • Local Agreement shall have the meaning set forth in Section 2.08.

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Service Agreement means the initial agreement and any amendments or supplements thereto entered into by the Transmission Customer and the Transmission Provider for service under the Tariff. Site:

  • Joint Agreement means a type of Fund Use Agreement between the Consortium and the Fund Council that sets forth an umbrella set of terms and conditions that govern principally the submission and approval of CRP proposals and the transfer and use of funds from the CGIAR Fund for implementation of CRPs.

  • Commercial Agreement means an agreement, other than an agency agreement, made between carriers and relating to the provision of their joint services for carriage of passengers by air;

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Reseller Agreement means the separate agreement between Customer and Reseller regarding the Services. The Reseller Agreement is independent of and outside the scope of This Agreement.

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;