Replaceable Contract definition

Replaceable Contract means a Non Performing Asset, a Defaulted Contract or a Prepaid Contract that is removed from the pool of Contracts by the Borrower in accordance with Section 11.01 of this Loan Agreement.
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Replaceable Contract means any (a) Major Project Document other than the Intercompany Contracts, other Project IP Agreements and any Major Real Property Document and (b) any Project Document that is not a Major Project Document.
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Replaceable Contract means a Delinquent Contract or a Defaulted Contract that is removed from the pool of Contracts by the Borrower in accordance with Section 11.01 of this Loan Agreement.
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Examples of Replaceable Contract in a sentence

  • The Borrower shall promptly request the Collateral Agent in writing to deliver to or upon the order of the Borrower the original executed counterpart of each Replaceable Contract for which substitution has been made pursuant to Section 11.01 hereof and the Collateral Agent shall deliver to the Borrower the original executed counterpart of each Replaceable Contract for which substitution has been made pursuant to Section 11.01 hereof in accordance with the provisions of Section 6 of the Custodial Agreement.

  • Replaceable Contract: A contract with the harvesting contractor that can be re-negotiated repeatedly.

  • Upon any removal of a Replaceable Contract from the pool of Contracts pursuant to Section 11.01(a) or (b), the Borrower’s, the Servicer’s and the Collateral Agent’s obligations under the Loan Documents with respect to such Replaceable Contract and the Collateral related thereto shall cease.


More Definitions of Replaceable Contract

Replaceable Contract means a contract
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Related to Replaceable Contract

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contracting party or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Financeable Costs means the amount of expenditure for an Improvement which has been duly authorized by action of the governing body of the Issuer to be financed by general obligation bonds, less:

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • 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;

  • 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;

  • 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.

  • Smart contract means a computer program stored in an electronic ledger system wherein the outcome of the execution of the program is recorded on the electronic ledger;