Commercial Contract Clause Samples

Commercial Contract. An agreement having an initial or renewal term of one (1) year or more between COMPANY and a non-municipal entity, other than an Affiliate of the COMPANY, by which COMPANY is obligated to provide waste processing capacity at the Facility for Acceptable Waste.

Commercial Contract. A contract for a transaction between Party B and a receivable creditor for the purpose of a commodity transaction and/or a service transaction, settled on credit.

Commercial Contract. Notwithstanding that all Outstanding Advances are reimbursed or prepaid pursuant to this Clause 11, the Commercial Contract shall remain in full force and effect, unless any party decides to exercise the early termination event provided in Section 3.1 of the Commercial Contract.

Commercial Contract. The Agreement will have the nature of a commercial contract between the Parties not falling under the scope of the Vienna Convention on the Law of Treaties. The Parties, in connection with this Agreement, unconditionally and irrevocably agree that the execution and performance of this Agreement by the Parties constitute a private and commercial act rather than a public or governmental act, and, that no immunity exists in respect of the Parties and their assets and no immunity can be claimed by it with respect to their assets, should any proceedings be brought against the Parties or their assets arising from or in connection with this Agreement.

Commercial Contract. Commercial Contract" shall mean any customer Contract [relating to the Company's commercial division] entered into by the Company that contemplates or includes (A) the payment or delivery of cash or other consideration in an amount of having a value in excess of $10,000 in the aggregate, or (B) the performance of services having a value in excess of $10,000 in the aggregate.

Commercial Contract. Parties to Contract

Commercial Contract it refers to the commercial transaction contract that stipulates that the creditor shall provide goods and/or services to the debtor and obtains consideration, including other contracts, agreements, written documents and all annexes based on that, as well as all kinds of documents, vouchers, annexes, etc. deemed necessary by the Transferee.

Commercial Contract. The Borrower or the Supplier rescinds or repudiates the Commercial Contract, or the Borrower or Supplier defaults in the observance or performance of any of the material covenants or agreements contained in the Commercial Contract.

Commercial Contract. (a) The Borrower shall perform and observe in all material respects all of its covenants and agreements contained in the Commercial Contract, shall use reasonable endeavours to prevent the termination of the Commercial Contract in accordance with the terms thereof, and shall take any and all action as may be reasonably necessary to promptly enforce its material rights and to collect any and all material sums due to it under the Commercial Contract. (b) The Borrower shall not, without the prior written consent of the Facility Agent, agree to any material amendment to the Commercial Contract or to the termination or abandonment of the Commercial Contract or to waive any material provisions of the Commercial Contract.