PREFUNDED CONTRACTS definition

PREFUNDED CONTRACTS means the Contracts which are transferred by the Seller to the Issuer on each Prefunding Transfer Date pursuant to this Agreement and are identified on the schedule attached to the Transfer Certificate delivered to the Trust, the Indenture Trustee and the Insurer on the Business Day immediately preceding the related Prefunding Transfer Date.
PREFUNDED CONTRACTS means the Contracts which are transferred by the Seller to the Issuer on each Prefunding Transfer Date pursuant to this Agreement and are identified on the Schedule of Contracts referred to in Section 2.10(c)(iii)(1) for such Prefunding Transfer Date.

Related to PREFUNDED CONTRACTS

  • Excluded Contracts has the meaning set forth in Section 2.02(a).

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

  • Excluded Contract means, at any date, any rights or interest of the Borrower or any Guarantor under any agreement, contract, license, instrument, document or other general intangible (referred to solely for purposes of this definition as a “Contract”) to the extent that such Contract by the terms of a restriction in favor of a Person who is not the Borrower or any Guarantor, or any requirement of law, prohibits, or requires any consent or establishes any other condition for or would terminate because of an assignment thereof or a grant of a security interest therein by the Borrower or a Guarantor; provided that (i) rights under any such Contract otherwise constituting an Excluded Contract by virtue of this definition shall be included in the Collateral to the extent permitted thereby or by Section 9-406 or Section 9-408 of the Uniform Commercial Code and (ii) all proceeds paid or payable to any of the Borrower or any Guarantor from any sale, transfer or assignment of such Contract and all rights to receive such proceeds shall be included in the Collateral.

  • Acquired Contracts has the meaning given in Section 2.1(a).

  • Shared Contracts has the meaning specified in Section 4.12(b).