Designated Contracts definition
Examples of Designated Contracts in a sentence
Provider shall have a duty to mitigate the costs referred to in clauses (a) and (b) above by making a good faith effort to sublease the Customer’s allocated portion of the space leased pursuant to any Designated Contracts following any such termination and to otherwise mitigate any other third party contractual costs.
As provided in the Purchase Agreement, the Aligned Parties may also enter into contracts with any other health plan for the provision of services relating to the Call Center Business solely within the Aligned Territory, and such contracts shall not be deemed to be Designated Contracts.
Sellers shall, at the written direction of the Purchaser delivered no later than seven days prior to the Final Sale Hearing, direct the Sellers to add Designated Contracts to Section 2.04 to the Disclosure Schedule and provide notice of same to the non-debtor party to the Designated Contract to be assigned to the Purchaser.
The Consents of all Persons necessary for the consummation of the transactions contemplated hereby and for Buyer to conduct the Business shall have been obtained, including Consents required, if any, under the Designated Contracts, all Governmental Authorizations, any tax clearance or similar Consent, the Consent of Buyer's (or its parent company's) lenders to the extent required, if any.
The SES Affiliate party thereto has performed all material obligations required to be performed by it to date under the Designated Contracts, and is not (with or without the lapse of time or the giving of notice, or both) in material breach or material default thereunder and, as of the date of this Agreement, to the knowledge of SES, no other party to any Designated Contract is (with or without the lapse of time or the giving of notice, or both) in material breach or default thereunder.