Restricted Contract definition

Restricted Contract has the meaning set forth in Section 2.7.

Restricted Contract has the meaning specified in Section 3.13(a)(xii).

Restricted Contract has the meaning set forth in Section 5.8(a).

Restricted Contract means any Contract which would be applicable to Purchaser or its Affiliates following Closing that: (a) contains any standstill or similar restriction on an Asset Seller Entity’s ability to acquire assets or Securities of another Person, (b) indemnifies or holds harmless any Person, or assumes the Tax, environmental or other Liability of any Person, which indemnity or assumption of Liability is material to the Triage Business taken as a whole (other than indemnification provisions or assumptions of Liability in commercial Contracts entered into in the ordinary course of business consistent with past practice), or (c) contains terms that would limit or purport to limit the ability of Purchaser or its Affiliates to conduct the Triage Business, including any Contract that would limit the ability of Purchaser or its Affiliates to compete in any line of business or with any Person or in any geographic area or during any period of time.

Restricted Contract means any Contract which would be applicable to Purchaser or its Affiliates following Closing that: (a) contains any standstill or similar restriction on an Asset Seller Entity’s ability to acquire assets or Securities of another Person, (b) indemnifies or holds harmless any Person, or assumes the Tax, environmental or other Liability of any Person, which indemnity or assumption of Liability is material to the Business taken as a whole (other than indemnification provisions or assumptions of Liability in commercial Contracts entered into in the ordinary course of business consistent with past practice), or (c) contains terms that would limit or purport to limit the ability of Purchaser or its Affiliates to conduct the Business, including any Contract that would limit the ability of Purchaser or its Affiliates to compete in any line of business or with any Person or in any geographic area or during any period of time.

Restricted Contract. Any Contract that contains an enforceable provision affirmatively restricting the assignment of the related Originator’s rights under such Contract to another Person where such provision does not include any exception that could permit such an assignment to Buyer (other than obtaining the consent of another Person (other than the Originator) if required by such Contract) or the breach of which provision would result in the termination of such Contract.

Restricted Contract shall have the meaning set forth in Section 1.4.

Restricted Contract means (i) any Contract that (a) restricts payment of dividends or distributions, (b) contains any standstill or similar restriction on the Company’s or its Subsidiaries’ ability to acquire assets or securities of another Person, (c) indemnifies or holds harmless any Person which indemnity is material to the Company and its Subsidiaries taken as a whole (other than commercial Contracts entered into, modified, amended, terminated or waived in the ordinary course of business) or (d) contains terms that, following the Closing, would limit or purport to limit Parent and its Affiliates to conduct their business by virtue of the Company and its Subsidiaries becoming Affiliates of Parent and (ii) any Contract that is a Material Contract (or would have been considered a Material Contract if it were entered into prior to the date of this Agreement) covered by subclauses (ii) or (vii) of Section 3.16(a).

Restricted Contract means any (a) Contract that includes a change of control or similar provision that would require a payment to the other party or parties thereto in connection with the consummation of any of the transactions contemplated by this Agreement; (b) Contract that would require the approval of the Company Board or the Chairman of the Company Board pursuant to the Company’s Sales Policy and Procedures made available to Parent prior to the date of this Agreement or that, in the ordinary course of business, would otherwise be presented to the Company Board or the Chairman of the Company Board for approval; (c) Contract that would or the Company would reasonably expect to (i) result in a direct (i.e., excluding overhead and operating expenses not specifically relating to the subject matter of the Contract) loss in excess of $100,000 or (ii) with respect to a new Contract taken into account in the Company’s 2020 Annual Operational Plan made available to Parent prior to the date of this Agreement, cause the Company or any of its Subsidiaries to incur expenses of $1,000,000 or more in excess of the expenses provided for in respect of such Contract in the Company’s 2020 Annual Operational Plan; (d) Contract of the type described in subclause (iv) of Section 3.10(a); (e) Contract with a customer, supplier or dealer or other Person that provides installation services for or on behalf of the Company or any of its Subsidiaries that would or would reasonably be expected to involve aggregate annual revenues or payments of $10,000,000 or more; (f) Contract for the lease of any telecommunications tower or similar structure or any Real Property that would or would reasonably be expected to result in $5,000,000 or more in annual expenditures (other than any renewals of any of the foregoing in the ordinary course of business); (g) Contract that obligates the Company or any of its Subsidiaries to indemnify or hold harmless any past or present director, officer, trustee or employee of the Company or any of its Subsidiaries (other than, subject to Section 5.2(k), in connection with the appointment of a new officer or director in the ordinary course of business); and (