Examples of Prime Government Contract in a sentence
Prime Government Contract" shall mean any Government Contract the parties to which include (i) any PRC Company and (ii) the U.S. Government.
Government Contract Novation" shall mean, with respect to a Prime Government Contract, an instrument reasonably satisfactory in form and substance to Buyer and Seller pursuant to which all of PRC's rights, claims, benefits and liabilities thereunder shall have been validly conveyed, transferred, assigned, assumed and novated to Buyer by all parties thereto.
Xxxxxxxx has provided Lender with a fully-executed copy of each of Borrower’s contracts, including each Prime Government Contract (including all task orders, modifications and amendments).
For the avoidance of doubt, the failure of any Prime Government Contract to be so assigned due to no fault or omission of Borrower shall not constitute an Event of Default hereunder, but the Accounts related to such contract shall not constitute Eligible Accounts.
Each Prime Government Contract is not subject to any right of setoff by any other party to the contract.
Prime Government Contract – A Government Contract under which Borrower is the prime contractor.
Each Prime Government Contract has not been assigned to any Person (other than an assignment that has been terminated).
Each Prime Government Contract is not subject to any asserted right of setoff by any other party to the contract.
As of the Closing Date, with respect to each Prime Government Contract, Borrower has provided to Lender such Prime Government Contract’s (a) contract number, (b) project number, (c) agency name and address, (d) period of performance, (e) name, address and telephone number of the contracting officer and (f) name, address and telephone number of the disbursing officer.
Each Prime Government Contract has not been assigned to any Person other than Lender (other than an assignment that has been terminated).