Eligible Contracts definition

Eligible Contracts means only such Contracts (including secured and unsecured Contracts and Reconveyed Contracts (other than a Permitted Facility Reconveyed Contract)) which satisfy all of the following requirements, as determined by Agent in its Permitted Discretion (and such other Contracts as Agent may allow as Eligible Contracts in its sole discretion):
Eligible Contracts means any general account life insurance contract issued by a Company in which the First Commissionable Event occurs while this Agreement is in effect.
Eligible Contracts means only those Contracts which are either Vehicle Contracts or Direct Loan Contracts or Sales Finance Contracts which the Agent, in its sole discretion, deems eligible and which, without limiting the Agent’s discretionary rights, satisfy at all times all of the following requirements as determined by the Agent in its sole and absolute discretion:

Examples of Eligible Contracts in a sentence

  • Each Contract classified as an "Eligible Contract" (or included in any aggregation of balances of "Eligible Contracts") by CAC satisfies at the time of such classification the definition of "Eligible Contract" set forth in the Security Agreement.

  • In no event shall Reserves or adjustments to eligibility criteria duplicate Reserves or adjustments already accounted for in determining eligibility criteria under the definitions of Eligible Accounts, Eligible Contracts In Transit, Eligible Equipment, and Eligible Inventory.

  • Bank may act under the Agreement through the subcustodians with which Bank has entered into Eligible Contracts and which are listed on Schedule A attached hereto ("Subcustodians").

  • The Company and the Servicer shall agree from time to time as to which Eligible Contracts are to be purchased by the Company from or through Servicer.

  • The UTI Beneficiary may from time to time designate the Titling Trust or the Titling Trustee, on behalf of the Titling Trust, as the nominee holder of legal title to Contracts that are Eligible Contracts, the related Leased Vehicles and other Titling Trust Assets.


More Definitions of Eligible Contracts

Eligible Contracts means Installment Sales Contracts arising out of the sale of goods by Retail Services or a customer of the Cooperative other than Approved Contracts which Statesman has determined to purchase from the Cooperative.
Eligible Contracts. Means, at the time of pledge, a Series 1998-1 Contract with respect to which:
Eligible Contracts means all Contracts other than Ineligible Contracts.
Eligible Contracts those Contracts owned by a Borrower that Agent, in its reasonable judgment, deems to be Eligible Contracts. Without limiting the foregoing, no Contract shall be an Eligible Contract unless:
Eligible Contracts means (i) the Internet Appliance OEM License and Distribution Agreement between Be Incorporated and Sony Electronics Inc. dated March 13, 2001 (the "Sony Agreement"), (ii) all Contracts of Seller that contain license grants to Seller that are not Transferred Contracts on the date of this Agreement and (iii) all nondisclosure agreements, confidentiality agreements or similar Contracts of Seller.
Eligible Contracts. Means, as of the Closing Date or, where indicated, the Cut-Off Date, a Series 1999-1 Contract which:
Eligible Contracts. ’ means contracts that result from the execution on the Exchange of: (1) Equity option orders (other than crosses) sent electronically to an Eligible MAP (and routed to the Exchange electronically by the Eligible MAP) by its customers; and (2) MAP Routing Orders (other than crosses) sent electronically by the Eligible MAP. Contracts that are executed electronically as part of a Complex Order are not Eligible Contracts.