Outstanding Contract definition

Outstanding Contract means a Margin Contract which has not been closed out, terminated or squared;
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Outstanding Contract. As of any Due Date, a Contract with a Stated Principal Balance greater than zero which was not the subject of a Payoff prior to such Due Date and which did not become a Liquidation Contract prior to such Due Date.
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Outstanding Contract means, as to any Due Period, a Contract which was not the subject of a Principal Prepayment in Full prior to or during such Due Period, which did not become a Liquidated Contract prior to or during such Due Period, which was not purchased prior to or during such Due Period pursuant to Section 3.05.
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Examples of Outstanding Contract in a sentence

  • The respective duties and obligations of the Servicer under this Article Twelve shall terminate upon the earlier of (i) the satisfaction and discharge of this Indenture pursuant to Article Eight, or (ii) the latest to occur of (A) the final payment or other liquidation of the last Outstanding Contract owned by the Company, and (B) the disposition of all property acquired upon repossession or comparable conversion of any Leased Vehicle securing a Contract.

  • The respective duties and obligations of the Servicer under this Article Twelve shall terminate upon the earlier of (i) the satisfaction and discharge of this Indenture pursuant to Article Eight, or (ii) the latest to occur of (A) the final payment or other liquidation of the last Outstanding Contract owned by the Company, and (B) the disposition of all property acquired upon repossession or comparable conversion of any Financed Vehicle securing a Contract.

  • Save for the Potential Excess Sum, there will be no cash received by the Group as the proceeds from the Transfer of Properties, being the Transfer Sum, will be used to settle the Outstanding Contract Sum under the terms of the Supplemental Agreement.

  • The Transfer of Properties was negotiated between APSB and JBB Kimlun to settle the Outstanding Contract Sum so as to maximise the efficiency of cash utilisation by the Group, and to improve the Group’s financial position.

  • In consideration for such conveyance, LLC I shall assume the obligations of LLC II in respect of such Pledged Property in an amount equal to the Aggregate Outstanding Contract Balance of such Pledged Property.

  • The Outstanding Contract Sum shall then be deemed to be the sum as adjusted in accordance with this paragraph pursuant to the adjustment mechanism set out in paragraph 4.1(b) above.

  • As at the date of this announcement, BPP has paid JBB Builders an aggregate sum of RM180,981,971.44 as part payment towards the account of the entire contract sum stipulated in the Principal Contracts in accordance with the terms and conditions of the respective Principal Contracts, and the Outstanding Contract Sum remains payable by BPP to JBB Builders.

  • There will be no cash received by the Group as the proceeds from the Proposed Settlement, being the Consideration, will be used to settle the Outstanding Contract Sum under the terms of the Master Supplemental Agreement.

  • The ratio of the Outstanding Contract Balance of the Practice Finance Contracts to the Aggregate Outstanding Contract Balance as of the end of the Pre-Funding Period shall not exceed such ratio as of the Closing Date.

  • Amidst the current market conditions, the Company believes that it is a good opportunity to offload the Properties at the Third Party Offer Price using it to settle the remaining Outstanding Contract Fees.


More Definitions of Outstanding Contract

Outstanding Contract means every contract purporting to be made so as to import or be subject to the Rules, Bye-laws and contract terms of the Corporation which shall not have been wholly performed to the mutual satisfaction of both the
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Related to Outstanding Contract

  • Outstanding Credits means, on any date of determination, the sum of (i) the aggregate principal amount of all Loans outstanding on such date plus (ii) the LC Outstandings on such date. The Outstanding Credits with respect to any Lender at any time shall be its Commitment Percentage of the total Outstanding Credits at such time.

  • Outstanding Obligations means, as of any date, and giving effect to making any Extensions of Credit requested on such date and all payments, repayments and prepayments made on such date, the sum of (a) the aggregate outstanding principal amount of all Loans, and (b) all Letter of Credit Usage.

  • Outstandings means, collectively, at any date, the Letter of Credit Outstandings, Swing Line Outstandings and Revolving Credit Outstandings on such date.

  • Outstanding Letters of Credit shall have the meaning given such term in Section 2.02(j).

  • Outstanding Notes shall have the meaning set forth in Section 7.9(ii).