Material Contracts. None of the Borrowers has entered into any Material Contract, other than the Material Contracts set forth on [Schedule 4.1.27] hereto. Each of the Material Contracts is in full force and effect and there are no defaults thereunder by any Borrower or any other party thereto that is resulting in or could be expected to cause a Material Adverse Change.
Burdensome Contracts. No Borrower or its Domestic Subsidiaries is party or subject to any Restrictive Agreement, except as shown on [Schedule 9.1.15], as such schedule may be updated from time to time to add Restrictive Agreements entered into by a Borrower or such Subsidiary after the Closing Date; provided, that any such Restrictive Agreement shall be otherwise permitted to be entered into pursuant to the terms hereunder. No such Restrictive Agreement prohibits the execution, delivery or performance of any Loan Document by a Borrower.
Company Contracts. To indemnify the Indemnitee with respect to any Claim related to any dispute or breach arising under any contract or similar obligation between the Company and the Indemnitee.
Service Contracts. A list, together with copies, of the Service Contracts;
Service Contracts. On or prior to 5:00 p.m. Chicago time on the last day of the Inspection Period, will advise in writing of which Service Contracts it will assume and which Service Contracts requests that deliver written termination notices at or prior to Closing, provided shall have no obligation to terminate, and shall be obligated to assume, any Service Contracts which by their terms cannot be terminated without penalty or payment of a fee unless agrees in writing to reimburse for such fee or termination penalty in conjunction with the Closing. shall deliver at Closing notices of termination of all Service Contracts that are not so assumed. must assume the obligations arising from and after the Closing Date under those Service Contracts # that has agreed to assume, or that is obligated to assume pursuant to this Section 4.7, and # for which a termination notice is delivered as of or prior to Closing but for which termination is not effective until after Closing.
New Contracts. Except as provided in [Subsection 6.1.4], will not enter into any new contract that will be an obligation affecting the Properties subsequent to the Closing, except contracts entered into in the ordinary course of business that are terminable without cause and without the payment of any termination penalty on not more than thirty (30) days’ prior notice.
Material Contracts. [Schedule 4.1.13] lists all Material Contracts. A complete copy of each Material Contract, and all amendments thereto, has been provided to the Buyer. Each Material Contract is legal, valid, binding, enforceable in accordance with its terms (subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting generally the enforcement of creditors rights and subject to general principles of equity) and in full force and effect against the Company, and, to the Knowledge of the Seller, the other parties thereto. Neither the Company, nor, to the Knowledge of the Seller, any other Person who is a party to any Material Contract is in breach or default in any material respect under any Material Contract (with or without the lapse of time, or the giving of notice, or both). The Company has not sent or received any written notice of breach, termination or cure with respect to any Material Contract that is not currently resolved.
Material Contracts. [Schedule 5.9(a)] hereto sets forth, as of the date hereof, a true, complete and correct list of every current written contract, agreement or commitment of the Subject Companies or the Business (together with all amendments and supplements thereto) that # provides for or is reasonably expected to provide for aggregate future payments by a Subject Company, or to a Subject Company, of more than $500,000 annually; # was entered into by a Subject Company with an officer, director or significant employee of a Subject Company (other than standard nondisclosure agreements); # is a collective bargaining agreement or other agreement with a labor union or association representing any employee; # relates to Indebtedness of a Subject Company (other than Intercompany Indebtedness) or to the mortgaging or pledging of or granting of an Encumbrance upon any of the assets of a Subject Company; # is a guaranty by a Subject Company of any Indebtedness of a third party; # is a letter of credit and bankers’ acceptance issued for the account of a Subject Company; # materially restricts a Subject Company from engaging in any business or activity anywhere in the world; or # is an employment agreement, severance agreement, consulting agreement or similar arrangement to which a Subject Company is a party (each such contract, a “Material Contract”).
Material Contracts. Set forth on [Schedule 5.21(h)], as of the Effective Date and as of the last date such Schedule was required to be updated in accordance with [Section 6.02], is a complete and accurate list of all Material Contracts of the and its Subsidiaries.
Perform and observe all the terms and provisions of each Material Contract to be performed or observed by it, maintain each such Material Contract in full force and effect, enforce each such Material Contract in accordance with customary prudent business practices.
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