Permitted Contract definition

Permitted Contract shall have the meaning provided in Section 10.2(bb).
Permitted Contract has the meaning specified in Section 7.01(p).
Permitted Contract means a contract or agreement, written or oral, between the Bank or another of the Corporations, on the one hand, and a person other than a customer of the Bank or another financial institution, on the other hand, which (i) was entered into in the ordinary course of business,

Examples of Permitted Contract in a sentence

  • The Special Inspector shall maintain a record of the progress and observations given to the Contractor and observed deviations from the Permitted Contract Documents.

  • Partial Quotes ☐ Not permitted ☒ Permitted Contract will be awarded to a technically qualified Lowest company in each Lot (location) Alternative Quotes ☒ Not permitted ☐ Permitted If permitted, an alternative quote may be submitted only if a conforming quote to the RFQ requirements is submitted.


More Definitions of Permitted Contract

Permitted Contract means any contract relating to a Permitted Amendment or a Permitted Subleasing Arrangement, each as defined in Clause 18.1 (Occupational Leases).
Permitted Contract has the meaning specified in the 2007 Credit Agreement.
Permitted Contract means (i) outbound software licenses, substantially in accordance with the Company's standard form (which form shall be finalized and approved by Buyer following the date hereof, such approval not to be unreasonably withheld), which licenses shall not provide any exclusive license rights and which shall have reasonable, arms-length pricing with discounts not in excess of those that are customary in the industry, (ii) inbound licenses of technology rights from third parties which, in the aggregate (but excluding any license fees payable under commercially available, off the shelf software under "shrink wrap" licenses), would not bind the Company to pay license fees in excess of $100,000, (iii) non-disclosure agreements with third parties, which contain restrictions on disclosure by the third party that are substantially similar to those contained in the Company's standard form as in effect on the date of this Agreement, (iv) evaluation agreements on the Company's standard form as in effect on the date of this Agreement and (v) contracts with parties listed in, and regarding the subject matter specified in, Section 4.4(e) of the Disclosure Schedule. In connection with the form of outbound software license contemplated by (i) above, the Buyer and the Company agree that they will use their Reasonable Best Efforts in order to review and agree promptly after the date of this Agreement on a mutually agreeable form of license agreement for use by the Company.
Permitted Contract has the meaning set forth in Section 6.1(b)(xvii) .
Permitted Contract means, with respect to any Project, any Power Purchase Agreement, construction agreement, PILOT/band agreement with a permitting agency, interconnection agreement, SREC Hedge Agreement or any other agreement typical in connection with Project development or acquisition that, in any such case, is entered into by any Group Member in the ordinary course of business consistent with the past practice of the Group Members. “Permitted Equity Commitments” means obligations of the Borrower or any other Group Member to make any payment in respect of any Stock in any Non-Recourse Party (and any guarantee by Borrower or any other Group Member of such obligations) so long as (a) the terms, conditions and amount of such obligations are consented to by the Required Lenders and (b) each such payment in respect of such Stock constitutes an Investment expressly permitted by Section 7.02 (or, in the case of payments made or to be made by Non-Recourse Parties, not prohibited under this Agreement). “Permitted Hedge Agreement” means (a) any SREC Hedge Agreement entered into between an Eligible Hedge Counterparty and any Loan Party for the purpose of satisfying the requirements set forth in Section 6.17 and (b) any Swap Contract that is entered into (1) between an Eligible Hedge Counterparty and any Loan Party, (2) solely for the purpose of hedging exposure to foreign currencies and not for any speculative purposes and (3) with the consent of the Blackstone Representative (which consent may be conditioned upon, without limitation, the execution and effectiveness of such amendments to this Agreement and the other Loan Documents as the Blackstone Representative may require with respect thereto, including, without limitation, (w) to set forth the economic, legal and other terms and conditions upon which such Swap Contracts may be entered into, terminated or otherwise modified, (x) to set forth collateral and other credit support terms with respect thereto, (y) to identify the eligibility criteria for Eligible Hedge Counterparties with respect thereto and (z) to set forth relative payment priorities for ordinary course settlement payments and termination payments with respect to such Swap Contracts); provided that no Permitted Hedge Agreement shall be secured by the Collateral or any portion of the Collateral without the prior written consent of the Required Lenders. “Permitted Indebtedness” means any Indebtedness expressly permitted under Section 7.03. “Permitted Intercompany Debt”...
Permitted Contract is defined in Section 5.17.
Permitted Contract means (1) any contracts and transactions for the purchase, sale, exchange of, or the option (whether physical or financial) to purchase, sell or exchange (a) natural gas, (b) electricity, (c) coal, (d) petroleum-based liquids, (e) oil, (f) emissions, (g) waste byproducts, (h) weather, or (i) any other energy-related commodity or derivative; (2) any contracts or transactions for the processing, transmission, transportation, or storage of, or any other services related to any commodity identified in subparts (1)(a) through (i) above, including any capacity agreement; (3) any financial derivative agreement (including but not limited to swaps, options or swaptions) related to any commodity identified in subparts (1)(a) through (i) above, or to any interest rate or currency rate management activities; (4) any agreement for membership or participation in an organization that facilitates or permits the entering into or clearing of any Netting Agreement or any agreement described in this definition; (5) any agreement combining part or all of a Netting Agreement or part or all of any of the agreements described in this definition; or (6) any document relating to any agreement described in this definition that is filed with a governmental body and any related service agreements.