SBG Contracts definition
SBG Contracts means all Contracts between Seller or any of its affiliates, on the one hand, and a third party, on the other hand, relating primarily to the operation of SBG, including all customer Contracts of SBG and any Contract that generated revenue as reflected on the revenue statements of SBG.
Examples of SBG Contracts in a sentence
For a period lasting not more than three (3) months following the Final Closing Date, Buyer and Seller’s internal legal department shall continue to cooperate, at the discretion of Buyer, and use commercially reasonable efforts, at Buyer’s expense (it being understood that Buyer shall not be responsible for Seller’s overhead expenses that would otherwise be incurred in the ordinary course of business), to effect the transfer to Buyer of SBG Contracts providing revenue in excess of $25,000 per year.
To the extent that Buyer is provided the benefits of any SBG Contracts under this Section 9.5, Buyer will perform all of the obligations arising under such SBG Contracts.