Affected Contract definition

Affected Contract means a Contract as to which a Specified Event has occurred.
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Affected Contract means any foreign currency option contract or forward exchange contract to the extent that foreign currency option contract or forward exchange contract has been entered into by any person during any year of assessment to serve as a hedge in respect of a debt, where—
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Affected Contract means any foreign currency option contract or 20
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Examples of Affected Contract in a sentence

  • From the date of Acceptance, the Customer shall have a period of thirty (30) days to report any defects or discrepancies in the performance of the Deliverables, Implementation Services or the provision of Professional Services for remedy by Rillion.

  • Although differences in risks and investment objectives and strategies exist, the Applicants believe that these differences do not introduce Affected Contract Owners to materially greater risks than before the Substitution.

  • To summarize, the Applicants believe that while the Existing Fund and the Replacement Fund are slightly different from each other in the way they characterize their objective, principal investment strategies, benchmarks and risks, fundamentally both are primarily a large cap value equity portfolios that exhibit a high correlation to the other such that each Affected Contract Owner’s fundamental investment objectives will continue to be met after the Substitution.

  • In addition, the Substitution will not result in adverse tax consequences to Affected Contract Owners and will not alter any tax benefits associated with the Contracts and no tax liability will arise for the Affected Contract Owners as a result of the Substitution.

  • The Index Sponsor shall make available relevant details, including the Potential Eligible Futures and Included Futures in respect of the Replacement Contract Type (if different from those in respect of the Affected Contract Type), in accordance with Index Condition 5 as soon as practicable following the occurrence of a Substitution Event.

  • Affected Contract Owners will not incur any fees or charges as a result of the Proposed Substitutions, nor will their rights or the obligations of NYLIAC under the Contracts be altered in any way.

  • In determining whether there is a type of commodity futures contract that is comparable to the Affected Contract Type the Index Sponsor may (but is not obliged to) follow the substitution of the type of commodity futures contract affected by the sponsor of any widely traded commodity index (including but not limited to the S&P GSCI™ and the DJ-UBSCI(SM)).

  • Each Affected Contract Offset Notice shall (i) identify the Affected Contract and the customer thereto (ii) contain a brief description of the reason given by such customer for refusing to consent to the transfer of such Affected Contract to the applicable Buyer, (iii) state the Affected Contract Offset Amount that will be reflected by a Note Offset.

  • The Substitution will be effected with no change in the amount of any Affected Contract Owner's account value or death benefit, or in the dollar value of any Affected Contract Owner's investment in the applicable Separate Account.

  • In addition, the Substitutions will not impose any tax liability on Affected Contract Owners.


More Definitions of Affected Contract

Affected Contract means a specific type of City contract to which the Prompt Payment ordinance applies.There are four types of affected contracts described here, all of which are contained within the general definition of contract in (d) above:
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Affected Contract means any contract, purchase order or other similar agreement between a Seller and such Seller’s customer comprising the Assumed Contracts that requires the consent of such customer to transfer to the applicable Buyer and for which the applicable customer refuses to consent to such assignment by June 30, 2010; provided however, that, the term “Affected Contract” shall not include: (a) any Government Contract to which a Seller is a party which are to be novated in accordance with Section 5.11; (b) contracts and/or purchase orders between a Seller and such Seller’s customer for which the applicable customer refuses to transfer for any of the following reasons: (i) API Parent’s and/or a Buyer’s ability or inability to fulfill Seller’s obligations under the terms of the applicable contract, (ii) API Parent’s and/or a Buyer’s the financial condition, (iii) API Parent’s or a Buyer’s identity, (iv) the reduction or elimination of funding by the U.S. Government for any program under which such contract and/or purchase order was issued, (v) the suspension or debarment of API Parent, any Buyer or individual working for any of the foregoing such that a Buyer is ineligible to receive a transfer of such contract or (vi) the lifting or inability of API Parent or any Buyer to obtain any required security clearance; or (c) any such contract or purchase order that comprises the Restricted Assets for which the applicable Buyer receives the economic benefit and burden pursuant to Section 2.12.
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Affected Contract means a Contract based upon an S&P Index licensed to CME on an exclusive basis, the trading of which has been affected, as described in Section 5(c) herein, by a CME listed Contract based on a Competitive Index.
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Affected Contract means any foreign currency option contract or forward exchange contract [, as the case may be,] which has been entered into by any person during any year of assessment [,] to serve as a hedge in respect of a [loan, advance or] debt, where—
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Affected Contract shall not include: (a) any Government Contract to which a Seller is a party which are to be novated in accordance with Section 5.11; (b) contracts and/or purchase orders between a Seller and such Seller’s customer for which the applicable customer refuses to transfer for any of the following reasons: (i) API Parent’s and/or a Buyer’s ability or inability to fulfill Seller’s obligations under the terms of the applicable contract, (ii) API Parent’s and/or a Buyer’s the financial condition, (iii) API Parent’s or a Buyer’s identity, (iv) the reduction or elimination of funding by the U.S. Government for any program under which such contract and/or purchase order was issued, (v) the suspension or debarment of API Parent, any Buyer or individual working for any of the foregoing such that a Buyer is ineligible to receive a transfer of such contract or (vi) the lifting or inability of API Parent or any Buyer to obtain any required security clearance; or (c) any such contract or purchase order that comprises the Restricted Assets for which the applicable Buyer receives the economic benefit and burden pursuant to Section 2.12.
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Affected Contract means any foreign currency option contract or forward exchange contract [, as the case may be,] which has been entered into by any person during any year of assessment [,] to serve as 15
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Related to Affected Contract

  • Related Contract means: (i) in relation to the SwapClear Service, a RelatedSwapClear Contract (as such term is defined in the Procedures); (ii) in relation to the RepoClear Service, a Related RepoClear Contract (as such term is defined in the Procedures); (iii) in relation to the ForexClear Service, a Related ForexClear Contract (as such term is defined in the Procedures); (iv) in relation to the EquityClear Service, a Related EquityClear Contract (as such term is defined in the Procedures); (v) in relation to the Listed Interest Rates Service, a Related Listed Interest Rates Contract (as such term is defined in the Procedures)"Relevant Auction Contract"has the meaning given to the term in the Client Clearing Annex"Relevant Business"has the meaning as described in Default Rule 15(c)"Relevant Client Clearing Business"means the Client Clearing Business conducted by a particular Clearing Member in a particular Service"Relevant Contract"has the meaning assigned to it in the Client Clearing Annex"Relevant Default"has the meaning ascribed to it in Rule S1 of Part A of the Rates Service Default Fund Supplement - SwapClear, Rule F2 of the ForexClear Default Fund Supplement or Rule R2 of the RepoClear Default Fund Supplement, as applicable"Relevant FX Amounts"means, in respect of a ForexClear Option Clearing Member and a day, all amounts that are due to be received by such ForexClear Option Clearing Member on such day under a ForexClear Option Contract, ForexClear Swap Contract, ForexClear Deliverable Forward Contract and/or ForexClear Spot Contract in any ForexClear Currency"Relevant FX Liability"has the meaning assigned to it in Regulation 101"re-opening contract"means a contract arising pursuant to Regulation 30(b) or 30(c)"RepoClear Additional Payments Cap"means, in respect of a RCM on any date, an amount equal to the Clearing Member Current Collateral Balance of that RCM in connection with its RepoClear Business as at the date of the Default causing losses leading to an Insufficient Resources Determination (or, where such an Insufficient Resources Determination is made following concurrent Defaults, the date of the earliest Default)"RepoClear Business"means any transaction, obligation or liability arising out of any Fixed Income Contract

  • Non-negotiated contract means a contract whose terms, other than the terms contained in point 11.C. (given below) are not negotiated between the parties to the financial contract and includes –

  • Covered contract means a DoD prime contract for an amount exceeding the simplified acquisition threshold, except for a fixed-price contract without cost incentives. The term also includes a subcontract for an amount exceeding the simplified acquisition threshold, except for a fixed-price subcontract without cost incentives under such a prime contract.

  • Terminated Contracts has the meaning set forth in Section 5.6(a).

  • Assigned Contract shall have the meaning set forth in Section 1.1(b).

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Insured contract means any written: a. leases of premises; b. easement agreements, except those concerning construction or demolition operations abutting railroad property; c. obligation to insure a municipality as required by law or ordinance, except in connection with work for the municipality; d. sidetrack agreements; or e. elevator maintenance agreements.

  • Liquidated Contract means any defaulted Contract as to which the Servicer has determined that all amounts which it expects to recover from or on account of such Contract have been recovered; provided that any defaulted Contract in respect of which the related Manufactured Home and, in the case of Land-and-Home Contracts, Mortgaged Property, have been realized upon and disposed of and the proceeds of such disposition have been received shall be deemed to be a Liquidated Contract.

  • Assumed Contract has the meaning set forth in Section 2.1(b)(iv).

  • Specified Contract means any of the following Contracts (together with all exhibits and schedules thereto) to which the Company or any Subsidiary is a party:

  • Prepaid contract means any Contract that has terminated or been prepaid in full prior to its scheduled expiration date (including because of a Casualty Loss), other than a Defaulted Contract.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • First-tier subcontract means a subcontract awarded directly by the Contractor for the purpose of acquiring supplies or services (including construction) for performance of a prime contract. It does not include the Contractor’s supplier agreements with vendors, such as long-term arrangements for materials or supplies that would benefit multiple contracts and/or the costs of which are normally applied to a Contractor’s general and administrative expenses or indirect cost.

  • Proposed Contract means the agreement including any other terms and conditions contained in or referred to in this RFP that may be executed between the DBSA and the successful Bidder.

  • Applicable Contract any Contract (a) under which the Company has or may acquire any rights, (b) under which the Company has or may become subject to any obligation or liability, or (c) by which the Company or any of the assets owned or used by it is or may become bound.

  • works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;

  • Related Contracts is defined in clause (c) of Section 2.1.

  • Third Party Contract means a contract between Metrolinx and any other Person which is in any way related to, impacts or is impacted by the Services and/or the Consultant’s acts or omissions, whether expressly identified to the Consultant or not.

  • Affected entity means a county, municipality, local district, special service

  • Tax Service Contract As defined in Section 3.09(a).

  • Affected source means a source that includes one or more affected units.

  • Eligible Contract means a currently effective written contract between Bank and a Subcustodian satisfying the requirements of paragraph (c)(2) of Rule 17f-5 (including any amendments thereto or successor provisions).

  • Qualified Contract A Contract that qualifies under the Code as an individual retirement annuity (“IRA”) or a Contract purchased under a Qualified Plan that qualifies for special tax treatment under the Code. Qualified Plan — A retirement plan that receives favorable tax treatment under Section 401, 403, 408, 408A or 457 of the Code. SEC — Securities and Exchange Commission.

  • Deemed Contract means a contract which is deemed to have automatically been formed when we supply gas or electricity to your property where you have not actively agreed to a new supply of gas and/or electricity from us;

  • Executory Contract means a contract to which one or more of the Debtors is a party that is subject to assumption or rejection under sections 365 or 1123 of the Bankruptcy Code.

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.