Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 15 contracts
Sources: Credit Agreement (Navigant Consulting Inc), Credit Agreement (Nashua Corp), Credit Agreement (Multi Color Corp)
Unconditional Purchase Obligations. Not, The Borrower shall not and shall not permit any Subsidiary to, to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 15 contracts
Sources: Loan and Security Agreement (Dynatronics Corp), Loan and Security Agreement (Flux Power Holdings, Inc.), Loan and Security Agreement (Polar Power, Inc.)
Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 10 contracts
Sources: Credit Agreement (U S Aggregates Inc), Credit Agreement (United Waste Systems Inc), Credit Agreement (Allied Products Corp /De/)
Unconditional Purchase Obligations. Not, and The Borrower shall not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 9 contracts
Sources: Loan and Security Agreement (Amtech Systems Inc), Loan and Security Agreement (Digital Ally, Inc.), Loan and Security Agreement (Amtech Systems Inc)
Unconditional Purchase Obligations. Not, and not permit any Subsidiary to, enter into or be a party to any material contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services; provided that the foregoing shall not prohibit the Parent or any Subsidiary from entering into options for the purchase of particular assets or businesses.
Appears in 7 contracts
Sources: Credit Agreement (Middleby Corp), Credit Agreement (Middleby Corp), Credit Agreement (Middleby Corp)
Unconditional Purchase Obligations. Not, and Borrower shall not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 5 contracts
Sources: Securities Purchase Agreement (Amarantus Bioscience Holdings, Inc.), Note Purchase Agreement (Blue Calypso, Inc.), Standby Bridge Financing Agreement (Jaguar Animal Health, Inc.)
Unconditional Purchase Obligations. Not, No Borrower shall and shall not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 3 contracts
Sources: Loan and Security Agreement (Intricon Corp), Loan and Security Agreement (Intricon Corp), Loan and Security Agreement (Intricon Corp)
Unconditional Purchase Obligations. NotThe Borrower shall not, and shall not permit any Subsidiary of its Material Subsidiaries to, enter into or be a party to to, any material contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it the Borrower or such Material Subsidiary regardless of whether or not delivery is ever made of such materials, supplies or other property or servicesservices is ever made, except any such contract for the purchase of electrical power entered into by the Borrower or such Material Subsidiary in the ordinary course of its business.
Appears in 3 contracts
Sources: Credit Agreement (Eldorado Gold Corp /Fi), Fifth Amendment Agreement (Eldorado Gold Corp /Fi), Credit Agreement (Eldorado Gold Corp /Fi)
Unconditional Purchase Obligations. NotThe Borrower shall not, and shall not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 3 contracts
Sources: Loan and Security Agreement (Atlas Financial Holdings, Inc.), Loan Agreement (Atlas Financial Holdings, Inc.), Loan and Security Agreement (Boyd Bros Transportation Inc)
Unconditional Purchase Obligations. NotThe Borrower shall not, and shall not permit any Material Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment payments be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 3 contracts
Sources: Credit Agreement (Fred Meyer Inc), 364 Day Credit Agreement (Fred Meyer Inc), Bridge Credit Agreement (Fred Meyer Inc)
Unconditional Purchase Obligations. Not, Borrower shall not and shall not permit any Subsidiary to, to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 3 contracts
Sources: Loan Agreement (Ari Network Services Inc /Wi), Revolving Credit Agreement (American Land Lease Inc), Credit Agreement (Integrity Media Inc)
Unconditional Purchase Obligations. Not, and The Borrowers shall not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 2 contracts
Sources: Loan Agreement (Amerinac Holding Corp.), Loan and Security Agreement (Smithway Motor Xpress Corp)
Unconditional Purchase Obligations. Not, and not permit any of its Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it a Borrower regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 2 contracts
Sources: Credit Agreement (Thane International Inc), Credit Agreement (Thane International Inc)
Unconditional Purchase Obligations. NotThe Borrower shall not, and shall not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment payments be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 2 contracts
Sources: Loan Agreement (Fred Meyer Inc), Loan Agreement (Quality Food Centers Inc)
Unconditional Purchase Obligations. Not, and not permit Neither the Borrower nor any Subsidiary to, thereof shall enter into or be a party to any contract for the purchase or lease of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Sources: Master Financing Agreement (Zap)
Unconditional Purchase Obligations. NotThe Borrower shall not, and shall not permit any Subsidiary to, enter into or be a party to any contract for the purchase of materials, supplies or other property Property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property Property or services.
Appears in 1 contract
Unconditional Purchase Obligations. Not, The Borrowers shall not and shall not permit any Subsidiary to, to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it the applicable Borrower or Subsidiary regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Sources: Loan and Security Agreement (Hill International, Inc.)
Unconditional Purchase Obligations. Not, The Borrowers shall not and shall not permit any Subsidiary to, to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Unconditional Purchase Obligations. NotThe Borrower shall not, and shall not permit any Subsidiary toSubsidiary, to enter into or be a party to any contract for the purchase of materials, supplies or other property or services if such contract requires that payment be made by it regardless of whether delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract
Sources: Loan and Security Agreement (Parlux Fragrances Inc)
Unconditional Purchase Obligations. NotThe Borrower shall not, and not nor shall it permit any Subsidiary of its Subsidiaries to, enter into or be a party to any contract for the purchase of materials, supplies or other property or services services, if such contract requires that payment be made by it regardless of whether or not delivery is ever made of such materials, supplies or other property or services.
Appears in 1 contract