Related Party Contract Clause Samples

Related Party Contract. For purposes of this Agreement, “Related Party Contract” means any relationship, transaction, or expenditure, contractual in nature, which results in or could result in an expenditure of state or federal funds by the Board with a Related Party. The term “Related Party Contract” does not include retail purchases made in the ordinary course of business or payments for utility services.
Related Party Contract. For purposes of this Agreement, “Related Party Contract” means any relationship, 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 14. 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 15. 748 749 750 751 752 753 754 755 756 757 758 759 760 761 762 763 764 765 766 767 768 769 770 771 772 773 774 775 776 777 778 779 780 781 782 783 784 785 786 787 788 789 790 791 792 793 794 795 796 797 798 799 800 801 802 803 804 805 806 807 808 809 810 811 812 federal funds by the Board with a Related Party. The term “Related Party Contract” does not include retail purchases made in the ordinary course of business or payments for utility services.
Related Party Contract. Any Contract between (A) on the one hand, Parent or any of its Affiliates (excluding the Target Company and the Transferred Subsidiary) or any of its or their respective Representatives (excluding the Target Company and the Transferred Subsidiary) and (B) on the other hand, the Target Company or the Transferred Subsidiary (collectively, the “Related Party Contracts”). (b) All provisions material to each Specified Contract are in full force and effect. Each Specified Contract is a legal, valid and binding obligation of, and is an enforceable obligation against, the Target Company or the Transferred Subsidiary that is a party thereto and, to Target Company’s Knowledge, each other party thereto (subject in each case to the effect of any applicable bankruptcy, reorganization, insolvency, moratorium, rehabilitation, liquidation, fraudulent conveyance, preferential transfer or similar Laws now or hereafter in effect relating to or affecting creditors’ rights and remedies generally and subject, as to enforceability, to the effect of general equitable principles (regardless of whether enforcement is sought in a proceeding in equity or law)). Neither the Target Company nor the Transferred Subsidiary or, to the Target Company’s Knowledge, any other party to a Specified Contract is in breach of a Specified Contract in any material respect. As of the date hereof, neither the Target Company nor the Transferred Subsidiary has received or given notice in writing of its intent to terminate, or accelerate the performance of, modify, amend or otherwise materially alter the terms and conditions of any Specified Contract or has received any claim in writing of material breach or default under any Specified Contract. True and complete copies of the Specified Contracts have been made available to Purchaser prior to the date hereof.

Related to Related Party Contract

  • Third Party Contracts From the Effective Date through and including the Closing Date, Seller agrees to enter into only those third-party contracts which are necessary to carry out its obligations under Section 5.2, which shall be on market terms and cancellable on thirty (30) days written notice or less, without payment of any fee or penalty. Copies of all such contracts so entered into by Seller shall be promptly provided by Seller to Purchaser.

  • Third Party Contractors Tenant shall obtain and deliver to Landlord, Third Party Contractor’s certificates of insurance and applicable endorsements at least seven (7) business days prior to the commencement of work in or about the Premises by any vendor or any other third-party contractor (collectively, a “Third Party Contractor”). All such insurance shall (a) name Landlord as an additional insured under such party’s liability policies as required by Section 10.3.1 above and this Section 10.6, (b) provide a waiver of subrogation in favor of Landlord under such Third Party Contractor’s commercial general liability insurance, (c) be primary and any insurance carried by Landlord shall be excess and non-contributing, and (d) comply with Landlord’s minimum insurance requirements.

  • Third Party Content In order to avoid potential infringement of IPR, Influencers should not endorse, copy, or adopt third party content.