Significant Agreement definition

Significant Agreement means any agreement between the General Partner, the Partnership or the Operating Partnership, on the one hand, and any POCC Entity, on the other hand, that requires aggregate annual payments to or from any POCC Entity or POCC Entities in excess of $100,000.

Significant Agreement means and includes any of the following by which any of such properties may otherwise be subject or bound, in each such case as amended and currently in effect, inclusive of any waivers relating thereto:

Significant Agreement means any agreement, not constituting a Material Agreement, involving the expenditure or receipt by the Company of amounts in excess of $250,000 over the term thereof.

Examples of Significant Agreement in a sentence

• The Company and each of the Company Subsidiaries, as applicable, are in compliance in all material respects with and have performed in all material respects all obligations required to be performed by them to date under each Company Significant Agreement.

• The Company and each of the Company Subsidiaries, as applicable, are in all material respects in compliance with and have in all material respects performed all obligations required to be performed by them to date under each Company Significant Agreement.

• No party to a Company Significant Agreement has provided notice to the Company or any Company Subsidiary that it intends to terminate a Company Significant Agreement or not renew such agreement at the expiration of the current term.

• Neither the Company nor any of the Company Subsidiaries knows of, or has received notice of, any violation or default (or any condition which with the passage of time or the giving of notice would cause such a violation of or a default) by any party under any Company Significant Agreement.

• Consummation of the transactions contemplated by this Agreement will not place the Company or any of the Company Subsidiaries in breach or default of any Company Significant Agreement, or trigger any modification, termination or acceleration thereunder.

More Definitions of Significant Agreement

Significant Agreement means and includes any of the following to which a Contributing Entity is a party or by which a Contributing Entity or any of its assets or properties may be bound, in each such case as amended and currently in effect, inclusive of any waivers relating thereto:

Significant Agreement means and includes any of the following, in each such case as amended and currently in effect, inclusive of any waivers relating thereto:

Significant Agreement means and includes any of the following to which Seller is a party and by which all or any portion of the Premises may be subject or bound, in each such case as amended and currently in effect, inclusive of any waivers relating thereto:

Significant Agreement means any agreement, contract or commitment, whether written or oral, to which the Company, Publishing, the Guarantor or any of their respective Subsidiaries is a party or by which they or any of their assets are bound: (a) mortgages, indentures, security agreements, guarantees, pledges and other agreements and instruments relating to the borrowing of money or extension of credit; (b) employment, severance and material consulting agreements; (c) licenses of patent, trademark and other rights relating to any Intellectual Property and any other licenses, permits and authorizations relating to the businesses of the Company or Publishing and its Subsidiaries (whether as licensor or licensee) that involve by their terms a per annum payment by any party thereto in excess of $100,000 or resulted in a payment obligation of any party thereto in excess of $100,000 in the calendar year ended December 31, 1997; (d) joint venture or partnership contract or agreement; and (e) consignment sales contracts and franchise agreements (whether as franchisor or franchisee) granting the franchisee the privilege to sell the franchisor's products or services in a specified geographic area. Each Significant Agreement is in full force and effect and is binding upon the Company, Publishing, the Guarantor or one or more of their respective Subsidiaries, as the case may be, and, to the knowledge of the Company, Publishing and the Guarantor, is binding upon such other parties, in each case in accordance with its terms. There are no unresolved disputes involving the Company, Publishing, the Guarantor or any of their respective Subsidiaries under any Significant Agreement except for disputes the outcome of which would not reasonably be expected to have a Material Adverse Effect either on the Company or the Guarantor and its Subsidiaries, taken as a whole.

Significant Agreement of a Company means and includes any of the following to which such person is a party or by which it or any of its assets or properties may be subject or bound, in each such case as amended and currently in effect, inclusive of any waivers relating thereto:

Significant Agreement means any contract, agreement, permit or license, written or oral, of the Credit Parties or any of their Subsidiaries as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could reasonably be expected to have a Material Adverse Effect; provided, however, that any contract, agreement, permit or license, written or oral, of the Credit Parties or any of their Subsidiaries as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could not reasonably be expected to have a material adverse effect on the ability of the Borrower and the Guarantors, taken as a whole, to perform their payment and other obligations (including, without limitation, compliance with financial covenants), when such obligations are required to be performed, under this Agreement, any of the Revolving Notes or any other Credit Document shall be deemed not to be a Significant Agreement.

Significant Agreement is defined in Section 7.13 hereof.