Contracts in Progress definition

Contracts in Progress means all contracts in progress and binding purchase orders for the sale of equipment and/or the provision of services which have not been shipped or provided as of the U.S. Closing (or, with respect to contracts in progress or binding orders of BC France, the France Closing) and which relate to the Business.
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Contracts in Progress means contracts of the Borrower less than Five Hundred Thousand Dollars ($500,000.00).
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Contracts in Progress means all contracts in progress and binding purchase orders for the sale of equipment and/or the
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Examples of Contracts in Progress in a sentence

  • Each Seller shall provide to the Buyer such reasonable assistance as the Buyer may request with respect to the collection of any such Accounts Receivable and Contracts in Progress, provided the Buyer pays the reasonable out-of-pocket expenses of the Seller and its officers, directors and employees incurred in providing such assistance.

  • As to each Contract in Progress as of the date of this Agreement which contemplates the payment of amounts in excess of $50,000, Section 3.11 of the Disclosure Schedule sets forth a reasonable description of such Contracts in Progress.

  • The parties acknowledge and accept the information regarding Contracts in Progress disclosed on Schedule D.

  • The Seller shall forward promptly to the Buyer any monies, checks or instruments received by the Seller after the Closing Date with respect to the Accounts Receivable or Contracts in Progress and shall provide to the Buyer such reasonable assistance as the Buyer may request with respect to the collection of any such Accounts Receivable, provided the Buyer pays the reasonable out-of-pocket expenses of the Seller and its officers, directors and employees incurred in providing such assistance.

  • Notwithstanding the foregoing, the Buyer shall provide warranty service for customers of BC France at the request of BC France and at no cost to BC France or its customers with respect to (A) products manufactured or sold by BC France prior to the U.S. Closing Date and (B) products which represent Contracts in Progress of BC France as in existence on the U.S. Closing Date.

  • In connection with the completion of the Contracts in Progress of BC France contemplated by paragraph (a) above, the Buyer shall make available to BC France, for a period of 180 days commencing on the France Closing Date, such administrative, field service and engineering personnel transferred to the Buyer by BC France as BC France may reasonably request.

  • The Sellers shall provide to the Buyer such reasonable assistance as the Buyer may request with respect to the collection of any such Accounts Receivable and Contracts in Progress, provided the Buyer pays the reasonable out-of-pocket expenses of the Sellers and their respective officers, directors and employees incurred in providing such assistance.

  • From and after the Closing, the Sellers shall refer all customer inquiries relating to Accounts Receivable or Contracts in Progress to the Buyer.

  • Following the France Closing, BC France shall, subject to the provisions of Section 7.3, continue to operate its manufacturing business and shall use its best efforts to complete the Contracts in Progress of BC France as in existence on the France Closing Date as soon as possible following such date.

  • Seller shall forward promptly to Buyer any monies, checks or instruments received by Seller after the Closing Date with respect to the Contracts in Progress and any monies, checks or instruments received by Seller after the Closing Date with respect to Accounts Receivable.


More Definitions of Contracts in Progress

Contracts in Progress means all contracts in progress relating to the Business.
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Contracts in Progress has the meaning set forth in Section 2.01(h).
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Contracts in Progress has the meaning set forth in the definition of StarCo Termination Agreement.
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Related to Contracts in Progress

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

  • 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;

  • Customer Contracts has the meaning set forth in Section 1.1(b)(ii)(A).

  • Executory Contracts means executory contracts and unexpired leases as such terms are used in 11 U.S.C. § 365, including all operating leases, capital leases, and contracts to which the Debtor is a party or beneficiary on the Confirmation Date.

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