Common use of Unconditional Purchase Obligations Clause in Contracts

Unconditional Purchase Obligations. Company shall not 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 2 contracts

Sources: Securities Purchase Agreement (Co-Diagnostics, Inc.), Securities Purchase Agreement (Co-Diagnostics, Inc.)

Unconditional Purchase Obligations. The Company shall will not and will not permit any Material Subsidiary to 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: Note Purchase Agreement (Otter Tail Corp)

Unconditional Purchase Obligations. Company shall Except in the ordinary course of business consistent with past practice, not 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 1 contract

Sources: Loan and Security Agreement (Lifeway Foods Inc)

Unconditional Purchase Obligations. Company shall not Not enter into into, guarantee or be a party 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 regardless of whether or not delivery is ever made of such materials, supplies or other property or services.

Appears in 1 contract

Sources: Credit Agreement (Russ Berrie & Co Inc)

Unconditional Purchase Obligations. The Company shall not not, nor shall it 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 servicesservices other than advances to artists made by the Company and its Subsidiaries in the ordinary course of business.

Appears in 1 contract

Sources: Securities Purchase Agreement (Integrity Media Inc)

Unconditional Purchase Obligations. The Company shall will not and will not permit any Material Subsidiary to 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: Note Purchase Agreement (Otter Tail Corp)

Unconditional Purchase Obligations. Company No Obligor shall not 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 1 contract

Sources: Loan and Security Agreement (Synergetics Usa Inc)

Unconditional Purchase Obligations. Company shall Shall not enter into or be a party to any contract for the purchase of materials, supplies supplies, or other property or services services, if such contract requires that payment be made by it it, regardless of whether or not delivery is ever made of such materials, supplies supplies, or other property or services.

Appears in 1 contract

Sources: Loan and Security Agreement (Circuit Systems Inc)