Material Provider Contract definition
Examples of Material Provider Contract in a sentence
Schedule 2.7 sets forth each Material Provider Contract, as defined in Section 2.7.2, and each Business Contract, as defined in Section 2.7.3, to which the Company will become a party to or by which the Company will be bound on and after the Closing Date (collectively, the “Contracts”).
As of the date hereof, Seller has performed its obligations in all material respects under each Material Provider Contract.
Furthermore, with respect to each Material Provider Contract, (i) no Affiliate of Seller is a Material Provider and (ii) each Material Provider Contract may be terminated by a party thereto without cause or nonrenewed with advance written notice.
As of the date hereof, there are no renegotiations, attempts to renegotiate or outstanding rights to negotiate any amount to be paid or payable to or by Seller under any Material Provider Contract other than in all material respects in the ordinary course of business consistent with the past practices of Seller and its Affiliates.
To the Knowledge of the Company, no party to a Material Provider Contract has given notice to the Company or any of its Subsidiaries of its intention to terminate, cancel or not renew its Provider Contract.
As of the date hereof, there are no renegotiations, attempts to renegotiate or outstanding rights to negotiate any amount to be paid or payable to or by the Acquired Entity under any Material Provider Contract other than in all material respects in the ordinary course of business consistent with the past practices of the Acquired Entities.
All parties to each Material Provider Contract and Hospital Contract are in compliance with the terms thereof, and no default or event of default by a Credit Party or, to the best knowledge of the Credit Parties, any counterparty to such contract, exists thereunder.
Notwithstanding anything to the contrary in this Agreement, no Contract shall be (or shall be deemed to be) a Material Provider Contract if the counterparty to such Contract is Parent or any of Parent’s Subsidiaries.
Schedule 2.7 sets forth a list of each Material Provider Contract, as hereinafter defined, and each Business Contract, as hereinafter defined, to which the Company is a party or by which the Company is bound or which may have an effect on the Subject Interest or business carried on by the Company (the "Contracts").