Examples of Replaced Contract in a sentence
Any Substitute Contract delivered to the Series 2002-A Trust Estate shall, if delivered during the Amortization Period, in addition to being an Eligible Contract, have substantially similar characteristics as the Replaced Contract.
Any Substitute Contract delivered to the Series 2000-A Trust Estate shall, if delivered during the Amortization Period, in addition to being an Eligible Contract, have substantially similar characteristics as the Replaced Contract.
Upon satisfaction of such conditions, the Trustee shall add such Contract to be substituted to, and delete such Replaced Contract from, the List of Contracts.
In addition, a Substitute Contract which is a Land Home Contract may only be used to replace a Replaced Contract which was a Land Home Contract.