Subsisting Contract definition

Subsisting Contract means any contract, agreement, subcontract, commitment, lease, understanding, mortgage, indenture, instrument, note, option, warranty, purchase order, license, sublicense, franchise, insurance policy, benefit plan or legally binding commitment, undertaking or restriction of any kind or nature to which the Company is a party or by which the Company is bound, or to which any of the Assets are subject, including, without limitation, Third Party Licenses, telecommunications service agreements, contracts with local exchange carriers, agency contracts, distributor contracts, customer contracts, vendor contracts and billing contracts.
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Subsisting Contract means any contract, agreement, commitment, lease or restriction of any kind to which the Seller is a party or by which the Seller is bound or to which any of the Seller's assets are subject, including without limitation Third Party Licenses and Benefit Plans.
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Subsisting Contract means any contract, agreement, subcontract, commitment, lease, understanding, mortgage, indenture, instrument, note, option, warranty, purchase order, license, sublicense, franchise, insurance policy, benefit plan or legally binding commitment, undertaking or restriction of any kind or nature to which the Company is a party or by which the Company is bound, or to which any of the Assets are subject, including, without limitation, Third Party Licenses, telecommunications service agreements, contracts with local exchange carriers, agency contracts, distributor contracts, customer contracts, vendor contracts and billing contracts. "Tangible Property" shall mean the Owned Tangible Property and the Leased Tangible Property, but excluding the Tangible Property identified on Schedule 1.28. "Tangible Property Leases" shall mean any Subsisting Contract granting a right to use Leased Tangible Property. "Taxes" shall mean any federal, state, local, or foreign income, gross receipts, license, payroll, wage, employment, excise, utility, communications, production, occupancy, severance, stamp, occupation, premium, windfall profits, environmental, customs duties, capital stock, capital levy, franchise, profits, withholding, social security (or similar), unemployment, disability, real property, personal property, sales, use, transfer, registration, value added, alternative or add-on minimum, estimated, or other tax of any kind whatsoever, including, without limitation, penalties, additions to tax, and interest attributable thereto (together with any interest on any such interest, penalties and additions to tax), and any liability for any of the above-listed amounts on behalf of any person through operation of law or as a result of any contractual agreement. "Tax Authority" shall mean the Internal Revenue Service (the "IRS") and any other domestic or foreign authority responsible for the administration of any Taxes. "Tax Returns" shall mean all original and amended federal, state, local and foreign tax returns, declarations, statements, reports, schedules, forms and information returns relating to Taxes. "Third Party License" shall mean the grant to the Company by any Person of any right to use any Intellectual Property, Proprietary Information or other intangible personal property.
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Examples of Subsisting Contract in a sentence

  • No Related Person is, directly or indirectly, interested in any Subsisting Contract.

  • The Company does not have any liabilities or obligations of any nature (whether accrued, absolute, contingent or otherwise), except for liabilities or obligations (i) disclosed on Schedule 5.09 hereto, (ii) disclosed in the Financial Statements, (iii) arising in the ordinary course of business consistent with past practice under any Subsisting Contract or (iv) incurred in the ordinary course of business consistent with past practice since December 31, 1998.

  • Except for liabilities or obligations disclosed on Schedule 5.09 hereto, Telecarrier does not have any liabilities or obligations of any nature (whether accrued, absolute, contingent or otherwise) in the aggregate in excess of $10,000, except (i) for those arising in the ordinary course of business consistent with past practice under any Subsisting Contract or (ii) for liabilities and obligations incurred in the ordinary course of business consistent with past practice since December 31, 1998.

  • The Seller does not have any liabilities or obligations of any nature (whether accrued, absolute, contingent or otherwise) arising out of the Business, except for liabilities or obligations (i) disclosed in the Financial Data, (ii) arising in the ordinary course of business consistent with past practice under, or set forth in, any Subsisting Contract listed on SCHEDULE 1.01(f) or (iii) incurred in the ordinary course of business consistent with past practice since December 31, 1999.


More Definitions of Subsisting Contract

Subsisting Contract means any material contract, agreement, commitment, lease or restriction of any kind to which Telecarrier is a party or by which Telecarrier is bound or to which any of Telecarrier's assets are subject, including without limitation Third Party Licenses, telecommunications service agreements, contracts with local exchange carriers, agent contracts, distributors contracts, customer contracts, vendor agreements and billing agreements.
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Related to Subsisting Contract

  • Existing Contract means an unexpired Contract entered into by the Council and a Provider for works, services and/or goods.

  • Existing Contracts means the existing licenses and contracts given by the Railway Administration / Authority, in relation to commercial establishments, as existing on Station Development Land, as on the date of the Agreement, and as further set out in the Schedules, which shall, for avoidance of doubt, exclude any licenses and/ or contracts in relation to any Excluded Activities and/or Railway Operational Activities;

  • Continuing Contract means a contract for Professional Services entered into in accordance with Section 287.055 of the Florida Statutes, between the District and a firm, whereby the firm provides Professional Services to the District for projects in which the costs do not exceed two million dollars ($2,000,000), for a study activity when the fee for such Professional Services to the District does not exceed two hundred thousand dollars ($200,000), or for work of a specified nature as outlined in the contract with the District, with no time limitation except that the contract must provide a termination clause (for example, a contract for general District engineering services). Firms providing Professional Services under Continuing Contracts shall not be required to bid against one another.

  • Material Contract means any contract or other arrangement (other than Loan Documents), whether written or oral, to which any Credit Party is a party as to which the breach, nonperformance, cancellation or failure to renew by any party thereto could reasonably be expected to have a Material Adverse Effect.

  • Material Contracts has the meaning set forth in Section 3.09(a).