Routine Operating Contracts definition
Routine Operating Contracts means contracts entered into by the Company or any of its Subsidiaries with a Person that is not an Affiliate in the ordinary course of business on terms and conditions and at rates that are reasonable and customary based on the then applicable market conditions including the following contracts (to the extent they meet the immediately foregoing condition):
Routine Operating Contracts means operating agreements, distribution agreements and other similar agreements routinely used in the day-to-day operations of the Company’s business, and (iii) the term “ Material Company Contracts” shall mean (x) each Company Contract that is not a Routine Operating Contract and (I) which provides for payments (present or future) to the Company in excess of $35,000 in the aggregate or (II) under which or in respect of which the Company presently has any liability or obligation of any nature whatsoever (absolute, contingent or otherwise) in excess of $35,000, and (y) without limitation of subclause (x), each of the following Company Contracts (but excluding in every case Routine Operating Contracts), the relevant terms of which remain executory:
Routine Operating Contracts means: (A) any agreement for the purchase or sale of telecommunication service in the regular course of business, and (B) any agreement routinely used in the day to day operations of the Company that involves payment by or to the Company less than $15,000 per month or $180,000 per year, and (iii) the term “Material Company Contracts” shall mean (x) each Company Contract that is not a Routine Operating Contract and (I) which provides for payments (present or future) to the Company in excess of $180,000 in the aggregate or (II) under which or in respect of which the Company presently has any liability or obligation of any nature whatsoever (absolute, contingent or otherwise) in excess of $180,000, (y) each Company Contract that is not a Routine Operating Contract and that otherwise is or may be material to the businesses, operations, assets, condition (financial or otherwise) or prospects of the Company and (z) without limitation of subclause (x) or subclause (y), each of the following Company Contracts (but excluding in every case Routine Operating Contracts), the relevant terms of which remain executory:
More Definitions of Routine Operating Contracts
Routine Operating Contracts means: (A) any purchase or sale agreement relating to goods or services in the regular course of business and consistent with past practice, or (B) any other agreements that involve payments, by or to Parent or IGPAC, in the aggregate, of less than $180,000 per year.
Routine Operating Contracts. Section 2.21(a) “Securities Act” Section 1.16 “Short Sales” Section 5.18 “Subject Party” Section 5.6(b)(iii) “Subsidiary/Subsidiaries” Section 2.2(a) “Survival Period” Section 7.4(a) “Surviving Entity” Section 1.1 “Tax/Taxes” Section 2.16 “Third Party Claim” Section 7.2 “Trademarks” Section 2.19 “Trust Fund” Section 3.20 “U.S. GAAP” Section 2.8(a) “Unaudited Financial Statements” Section 2.8(a)
Routine Operating Contracts means retail store leases, operating agreements, distribution agreements and other similar agreements routinely used in the day to day operations of the Company, and (iii) the term “Material Company Contracts” shall mean (x) each Company Contract that is not a Routine Operating Contract and (I) which provides for payments (present or future) to the Company in excess of $175,000 in the aggregate or (II) under which or in respect of which the Company presently has any liability or obligation of any nature whatsoever (absolute, contingent or otherwise) in excess of $175,000, and (y) without limitation of subclause (x), each of the following Company Contracts (but excluding in every case Routine Operating Contracts), the relevant terms of which remain executory:
Routine Operating Contracts means operating agreements, distribution agreements and other similar agreements routinely used in the day-to-day operations of the Company's business, and (iii) the term "MATERIAL COMPANY CONTRACTS" shall mean (x) each Company Contract that is not a Routine Operating Contract and (I) which provides for payments (present or future) to the Company in excess of $35,000 in the aggregate or (II) under which or in respect of which the Company presently has any liability or obligation of any nature whatsoever (absolute, contingent or otherwise) in excess of $35,000, and (y) without limitation of subclause (x), each of the following Company Contracts (but excluding in every case Routine Operating Contracts), the relevant terms of which remain executory:
Routine Operating Contracts. Section 2.19(a)