the Business Contracts definition

the Business Contracts means (subject to the terms of this Agreement) the benefit and burden of: 1.1.4.1 those agreements short particulars of which are set out in the Third Schedule; and 1.1.4.2 all agreements (written or oral) remaining to be fulfilled (in whole or in part) as at the Transfer Date and which agreements were made between the Vendor (or another on behalf of the Vendor) and a third party related to the Business and being: 1.1.4.2.1 agreements with Customers for the supply of goods and/or services, and 1.1.4.2.2 agreements with Suppliers for the supply of goods and/or services to the Business.
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Examples of the Business Contracts in a sentence

  • Please continue to submit all non-research and procurement/services agreements to the Business Contracts Office.

  • Seller has all corporate power and authority required to carry on its business as now conducted, to own or use the properties and assets that it purports to own or use, and to perform all obligations under the Business Contracts.

  • With effect from the Completion Date, the Vendor assigns to the Purchaser all the rights it may have against the other party or parties to the Business Contracts (other than the Vendor's right to collect any Business Receivable) and (to the extent permitted by law) the Authorisations and the Purchaser accepts responsibility for the performance of the Business Contracts as and from Completion.

  • Upon the terms and subject to the conditions of this Agreement, Buyer agrees to assume the liabilities and obligations of Seller arising under the Business Contracts, the Purchased Assets and the operation of the Business (the “Assumed Liabilities”).

  • The Purchaser covenants to indemnify the Vendor against any Loss arising under any of the Business Contracts as a result of any act or omission of the Purchaser after Completion.

  • The Purchaser shall after the Completion Date carry out and complete for its own account all of the Business Contracts to the extent that they have not been performed prior to the Completion Date.

  • The Vendor covenants to indemnify the Purchaser against any Loss arising under any of the Business Contracts as a result of any act or omission of the Vendor before Completion.

  • Each of the Business Contracts is in full force and effect and is the legal, valid and binding obligation of each party thereto and enforceable in accordance with its respective terms, subject to the Enforceability Exceptions.

  • The Purchaser will indemnify the Vendor against any Loss arising under the Business Contracts the subject of this CLAUSE 7.2 as a result of any act or omission of the Purchaser after the Completion Date (other than any Loss arising due to any breach by the Vendor of those Business Contracts, including any breach which may occur as a result of the Vendor having the Purchaser perform the Vendor's obligations on its behalf).

  • Except as otherwise set forth in Sections 4.1(h)(i)(2) and 4.1(h)(i)(3) of the Disclosure Schedule, any and all consents and novations necessary to transfer and assign the Business Contracts to the Company or a Subsidiary, as the case may be, shall have been obtained on or prior to the Closing.

Related to the Business Contracts

  • Business Contracts has the meaning ascribed to it in Section 1.01(a)(v).

  • Customer Contracts has the meaning set forth in Section 2.1(b)(ii)(A).

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

  • the Business means the usual work and activities carried on by the Insured pertaining to his business as specified in the Schedule and no others.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Retained Contracts shall have the meaning set forth in Section 1.2(i).

  • IT Contracts means the contracts (whether or not in writing and including those currently being negotiated) under which any third party provides or will provide any element of, or services relating to, the IT Assets, including leasing, hire purchase, licensing, maintenance, website hosting, outsourcing, security, back-up, disaster recovery, insurance, cloud computing and other types of services agreements.

  • Company Contracts has the meaning set forth in Section 3.13(a).

  • Company Material Contracts has the meaning set forth in Section 3.18(a).

  • Supply Contracts means contracts having as their object the purchase, lease, rental or hire-purchase, with or without an option to buy, of products. A supply contract may include, as an incidental matter, siting and installation operations;

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Seller Contract any Contract (a) under which Seller has or may acquire any rights or benefits; (b) under which Seller has or may become subject to any obligation or liability; or (c) by which Seller or any of the assets owned or used by Seller is or may become bound.

  • Target Companies means the Company and its Subsidiaries.

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Existing Contracts means the existing licenses and contracts given by the Railway Administration / Authority, in relation to commercial establishments, as existing on Station Development Land, as on the date of the Agreement, and as further set out in the Schedules, which shall, for avoidance of doubt, exclude any licenses and/ or contracts in relation to any Excluded Activities and/or Railway Operational Activities;

  • Subject Business means the policy or policies that are

  • Seller Agreements means those agreements between Seller and third parties, including Artists and/or PRO, wherein Seller is entitled to receive the Percentage Interest of all Assets.

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Business Agreements has the meaning specified in Section 5.15.

  • Assumed Agreements shall have the meaning as set forth in Section 2.2.

  • Assumed Contract has the meaning set forth in Section 2.1(b)(iv).