Examples of Novation Contracts in a sentence
Notwithstanding the foregoing, under no circumstances shall the Service Provider offer or provide Novation Proprietary Services or any other service involving the Novation Contracts to any Person other than to a Member in accordance with the terms of this Agreement.
Each of the Seller and the Purchaser shall proceed diligently with the performance of their respective obligations under this Section 5.6(d), and shall apply their best efforts to ensure that the Novation Contracts are successfully novated to the Purchaser.
Except as otherwise provided in this Section 5.6(d), the term of the responsibilities of the Purchaser and the Seller under this Section 5.6(d) shall be from the Closing Date until such time as all of the Novation Contracts, including any extensions or options thereto exercised by the Government, are novated as set forth immediately above, completed or terminated.
In the event the Government contacts the Seller directly, the Seller shall reasonably promptly inform the Purchaser of the substance of any such communications that are material or that otherwise require that action be taken in respect of the Novation Contracts.
Each of the Seller and the Purchaser agree to take necessary precautions to assure compliance with all Legal Requirements pertaining to the Novation Contracts.
The Seller will include the Purchaser (or, if this is not practicable, reasonably promptly update the Purchaser) with respect to any material communications with the Government regarding the Novation Contracts.
Each Government Contract held by the Seller on the Closing Date which requires novation for such contract to be transferred from the Seller to the Purchaser is referred to herein as a “Novation Contract” and all such contracts are the “Novation Contracts” The Parties will submit requests to the United States Government (the “Government”) to novate the Novation Contracts.
Purchaser shall notify Seller in writing if it accelerates shipments under the Non-consented Contracts or the Novation Contracts.
The Purchaser shall, in the first instance, be responsible for communications with the Government regarding the Novation Contracts.
Purchaser hereby covenants that it shall not modify or amend the terms and conditions of, or subcontract the obligations under the the Non-consented Contracts or the Novation Contracts without Seller’s express written consent, to be given in Seller’s sole discretion.