Common use of Material Contract Clause in Contracts

Material Contract. (i) any agreement or arrangement to which Parent or any of its Subsidiaries are party (other than the Loan Documents) (a) that is deemed to be a material contract under any securities law applicable to such Obligor, including the Securities Act of 1933; (b) for which breach, termination, nonperformance or failure to renew could reasonably be expected to have a Material Adverse Effect; or (c) that relates to Subordinated Debt, or Debt in an aggregate amount of $100,000 or more or (ii) the Contracts Servicing Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Americas Carmart Inc), Loan and Security Agreement (Americas Carmart Inc), Loan and Security Agreement (Americas Carmart Inc)

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Material Contract. (i) any agreement or arrangement to which Parent a Borrower or any of its Subsidiaries are Subsidiary is party (other than the Loan Documents) (a) that is deemed to be a material contract under any securities law applicable to such Obligor, including the Securities Act of 1933; (b) for which breach, termination, nonperformance or failure to renew could reasonably be expected to have a Material Adverse Effect; or (c) that relates to Subordinated Debt, or Debt in an aggregate amount of $100,000 500,000 or more or (ii) more, all of which as of the Contracts Servicing AgreementClosing Date are listed on Schedule 1.3.

Appears in 2 contracts

Samples: Credit Agreement (Covenant Transportation Group Inc), Credit Agreement (Covenant Transportation Group Inc)

Material Contract. (i) any agreement or arrangement to which Parent a Borrower or any of its Domestic Subsidiaries are is party (other than the Loan Documents) (a) that is deemed to be a material contract under any securities law applicable to such ObligorPerson, including the Securities Act of 1933; (b) for which breach, termination, nonperformance or failure to renew could reasonably be expected to have a Material Adverse Effect; or (c) that relates to Subordinated Debt, or to Debt in an aggregate amount of $100,000 50,000,000 or more or (ii) the Contracts Servicing Agreementmore.

Appears in 1 contract

Samples: Credit and Security Agreement (Titan International Inc)

Material Contract. (i) any agreement or arrangement to which a Parent or any of its Subsidiaries are Subsidiary is party (other than the Loan Documents) (a) that is deemed to be a material contract under any securities law applicable to such ObligorPerson, including the Securities Act of 1933; (b) for which breach, termination, nonperformance or failure to renew could reasonably be expected to have a Material Adverse Effect; or (c) that relates to Subordinated Debt, or to Debt in an aggregate principal amount of $100,000 10,000,000 or more or (ii) the Contracts Servicing Agreementmore. Maturity Date: April 28, 2021.

Appears in 1 contract

Samples: Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.)

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Material Contract. (i) any agreement or arrangement to which a Parent or any of its Subsidiaries are Subsidiary is party (other than the Loan Documents) (a) that is deemed to be a material contract under any securities law applicable to such ObligorPerson, including the Securities Act of 1933; (b) for which breach, termination, nonperformance or failure to renew could reasonably be expected to have a Material Adverse Effect; or (c) that relates to Subordinated Debt, or to Debt in an aggregate principal amount of $100,000 10,000,000 or more or (ii) the Contracts Servicing Agreementmore. Maturity Date: December 18, 2018.

Appears in 1 contract

Samples: Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.)

Material Contract. (i) any agreement or arrangement to which Parent or any of its Subsidiaries are party (other than the Loan Documents) (a) that is deemed to be a material contract under any securities law applicable to such ObligorPerson, including the Securities Act of 1933; (b) for which breach, termination, nonperformance or failure to renew could reasonably be expected to have a Material Adverse Effect; or (c) that relates to Subordinated Debt, or to Debt in an aggregate amount of $100,000 or more or (ii) the Contracts Servicing Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Americas Carmart Inc)

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