Early Termination Contract definition

Early Termination Contract means any Contract that has terminated pursuant to the terms of such Contract prior to its scheduled expiration date, other than a Defaulted Contract.
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Early Termination Contract. Any Contract that the Servicer has allowed the related Lessee to terminate prior to the date on which the final Scheduled Payment is due thereunder.
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Early Termination Contract. Any Contract with respect to which the Servicer, in accordance with the Servicing Agreement, has allowed the Obligor to prepay or terminate early for any reason including, but not limited to, trade-in, upgrade, or declaration of obsolescence or surplus status relating to any of the related Equipment.
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Examples of Early Termination Contract in a sentence

  • Notwithstanding the foregoing, any Substitute Contract so substituted for such Early Termination Contract, and related Contract Assets, must meet the same requirements as those specified in the form of Assignment Agreement attached to the Purchase and Contribution Agreement.

  • A Contract that is a Defaulted Contract, a delinquent Contract, a Casualty Loss Contract or an Early Termination Contract or any other Contract that the Borrower has a valid business reason to dispose of or replace.

  • Any Substitute Contract so substituted for such Early Termination Contract, and related Contract Assets, must meet the same requirements as those specified in the form of Assignment Agreement attached to the Purchase and Contribution Agreement.

  • Early Termination Contract may be terminated pursuant to Termination for Convenience and Termination for Cause language in GSPD401IT in Sections 22 and 23 thereof, incorporated by reference into the contract.

  • The substantial continuous support provided by the Gornergrat-Monte Rosa-Bahnen, by its Chief Executive Officer Bruno P.

  • Vendor shall not be responsible for any fee charges imposed by C-Lec’s, Cable Providers, I-Lec’s, VOIP Providers or any other telephone company operating in the Customer’s area in relation with the installation of the Equipment, nor for advising said telephone companies, after the installation of the Equipment, to pickup their replaced equipment (including any Early Termination Contract Fees imposed by the aforementioned listed entities).

  • Indication of a Contract being Pledged Property will be deleted from or modified on the Servicer's accounts and records when, and only when such Contract is an Early Termination Contract, an Expired Contract or a Purchased Contract and all amounts payable under the Contract or, in the case of a Purchased Contract, under the Transaction Documents, have been paid in full.

  • Indication of a Contract being pledged will be deleted from or modified on the Servicer's accounts and records when, and only when such Contract is an Early Termination Contract, an Expired Contract or a Reacquired Contract.

  • Any Substitute Contract so substituted for such Early Termination Contract, and related Contract Assets, must meet the same requirements as those specified in the form of Assignment Agreement attached to the related Purchase and Sale Agreement.


More Definitions of Early Termination Contract

Early Termination Contract. Any Contract that the Servicer has allowed the related Obligor to terminate prior to the date on which the final Scheduled Payment is due thereunder.
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Related to Early Termination Contract

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Early Termination Charge means, with respect to any 2019-B Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2019-B Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2019-B Lease balance over the related 2019-B Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Early Termination Schedule is defined in Section 4.2 of this Agreement.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Early Termination Conditions means the types of conditions listed in Schedule A.

  • Early Termination Rate means the lesser of (i) 6.5% per annum, compounded annually, and (ii) LIBOR plus 100 basis points.

  • Early Termination Fee has the meaning set forth in Section 7.2.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Lease Termination Date means the last day of the Lease Term.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Automatic Termination shall have the meaning set forth in Section 2.3.2.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Termination Payment has the meaning set forth in Section 6.03.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Agreement Termination Date is defined in Section 7.4.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Termination Benefit means the benefit set forth in Article 7.

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.