Replacement Contract means a contract having a term, quantity, delivery rate, delivery point and product substantially similar to the remaining Term, quantity, delivery rate, Delivery Point and Product to be provided under this Agreement.
Replacement Contract has the meaning set forth in Section 6.5(b)(i).
Replacement Contract means the contract which is deemed to arise between the Operator and a Replacement Shipper by clause 27.7 following the Transfer of Tradeable Capacity to the Replacement Shipper.
Examples of Replacement Contract in a sentence
The dissolution of any Borrower Entity or Major Project Participant; provided that in the case of any such Major Project Participant that is not an Affiliate of the Borrower, no Event of Default shall occur under this Section 10.01(m) to the extent that the Borrower is diligently pursuing the replacement thereof, and such Replaceable Contract is actually replaced in accordance with the Replacement Contract Conditions.
More Definitions of Replacement Contract
Replacement Contract. Any agreement or combination of agreements made by the Bank to substitute an obligor or obligors with respect to the PFI’s Credit Enhancement, including without limitation, a substitute credit enhancement structure, acceptable (in the Bank’s sole discretion) to the Bank, which obligors may include, but are not limited to, one or more other PFIs, mortgage guaranty insurers, surety companies or any other type of entity or structure that will result in the Bank having the equivalent quality and amount of credit enhancement coverage as provided by the PFI under Article IV with respect to each Master Commitment.
Replacement Contract means a Contract signed with a Replacement Player pursuant to the Hardship Exception or Emergency Hardship Exception set forth in Article VII, Section 4.
Replacement Contract has the meaning set forth in Section 2.07.
Replacement Contract means any individual annuity contract with respect to which a Sales Agent earns a commission and which is (i) issued by American Equity or an Affiliate to an insured coincident with, or within six months (or such longer period as American Equity may determine in accordance with its normal business procedures) after, the termination for any reason of an Eligible Contract with the same insured, or (ii) any other individual annuity contract issued by American Equity to an insured that American Equity in good faith in accordance with its normal business procedures considers to be a replacement for a terminated Eligible Contract with the same insured.
Replacement Contract shall have the meaning set forth in Section 5.5.
Replacement Contract means a contract for the purchase and sale of energy produced from a wind energy facility that (i) is entered into with a counterparty that has the same or similar creditworthiness as the Defaulting Party hereunder as of the Effective Date (or a counterparty whose obligations under the Replacement Contract are guaranteed by an entity with such creditworthiness), (ii) has a term substantially the same as the remaining unexpired portion of the Term, (iii) provides for the Attributes associated with the production of the energy to be transferred to the energy purchaser under such contract, and (iv) has an output delivery point that is the same as or substantially similar to the Delivery Point hereunder, it being understood that commercially reasonable adjustments to the price under such contract shall be made to take into account, among other possible commercially material differences, differences due to length of term, capacity factors, Attributes and the location of the delivery point under the Replacement Contract compared to the Delivery Point hereunder.
Replacement Contract means, with respect to any Contract, any alternative or replacement contract with a different counterparty providing substantially the same goods and services as such Contract and on substantially the same terms (subject to any change that may be required by applicable Law, including health and safety regulations).