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Residual Contracts definition

Residual Contracts means those Transferring Contracts which do not transfer to the Transferee for any reason on the Scheme Effective Date;
Residual Contracts means all contracts and agreements relating to Pool Operations (including the Pool Intellectual Property Agreements) current at Completion to which the Transferor is a party or the benefit of which is held in trust for or otherwise on behalf of the Transferor including, without limitation, the contracts and agreements listed in Parts 1 and 2 of Schedule 5, but excluding:
Residual Contracts means those contracts listed in Schedule 7;

Examples of Residual Contracts in a sentence

  • To the Company’s best knowledge, each Seller has complied with the Industry Security Guidelines (as defined in the Existing Residual Contracts) with respect to the Purchased Residuals acquired from that Seller.

  • Until the Notes have been paid in full, beginning on the first day of the month in which the Effective Date occurs and as of the first day of each calendar month thereafter, for the Existing Residual Contracts, the Company shall maintain a balance of cash and cash equivalents, monthly revenue, and earnings before interest, taxes, depreciation and amortization (“EBITDA”) in excess of the minimum amounts set forth on the attached Schedule 4(i) for the months specified thereon.

  • Debtor shall notify the Secured Party promptly after becoming aware of the occurrence of any default under the Existing Residual Contracts, the Existing Residuals Security Documents, the Future Residual Contracts, the Future Residuals Security Documents or the ISO Agreements.

  • Borrower has the right to receive the Purchased Residuals with respect to the each Sold Merchant under the ISO Agreements (as defined in the Existing Residual Contracts), as applicable.

  • The Debtor’s bankruptcy filing allowed it to manage its obligations under the Residual Contracts and Leases, in accordance with the Bankruptcy Code, so as to avoid defaults and potential damage to the Debtor’s estate.

  • The Company has the right to receive the Purchased Residuals with respect to the each Sold Merchant under the ISO Agreements (as defined in the Existing Residual Contracts), as applicable.

  • To the Company’s best knowledge, each Seller has complied with the Privacy Requirements (as defined in the Existing Residual Contracts) with respect to the Purchased Residuals acquired from that Seller.

  • Absent novation of the Residual Contracts and Leases, the Debtor could have been exposed to significant liabilities under the Residual Contracts and Leases.

Related to Residual Contracts

  • Initial Contracts means those Contracts conveyed to the Trust on the Closing Date.

  • Individual contract means a contract for health care services issued to and covering an individual. The individual contract may include dependents of the subscriber.

  • Hotel Contracts shall have the meaning set forth in Section 10.2(d).

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Seller Contracts means all contracts, agreements and leases, other than those that are Governmental Permits, to which Seller is a party and pertain to the ownership, operation or maintenance of the Assets or the Business, including those described on Schedule 1.8.

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Transferred Contracts has the meaning ascribed to it in Section 2.1(c).

  • Assigned Contracts has the meaning set forth in Section 2.01(c).

  • Applicable Contracts has the meaning set forth in Section 2.15(a).

  • Assigned Leases has the meaning specified in Section 2.01(b).

  • Cap Contracts means (i) the Cap Contract between the Trustee and the counterparty named thereunder, for the benefit of the Holders of the Class A-1 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group I Cap Contract") and (ii) the Cap Contract between the Trustee and the counterparty thereunder, for the benefit of the Class A-2 Certificates, the Mezzanine Certificates and the Class B Certificates (the "Group II Cap Contract").

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Service Contracts means contracts or agreements, such as maintenance, supply, service or utility contracts.

  • Assumed Leases has the meaning set forth in Section 2.6(b).

  • Assumed Contract has the meaning set forth in Section 2.1(b)(iv).

  • Material Contracts has the meaning set forth in Section 3.09(a).

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

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.

  • Financial Contracts means any arrangement that:

  • Individual contract plan means a subcontracting plan that covers the entire contract period (including option periods), applies to a specific contract, and has goals that are based on the offeror’s planned subcontracting in support of the specific contract, except that indirect costs incurred for common or joint purposes may be allocated on a prorated basis to the contract.

  • Original contractor means a person, including an owner-builder, that contracts with an owner to provide preconstruction service or construction work.

  • Customer Contracts has the meaning set forth in Section 2.1(b)(ii)(A).

  • Affiliate Contracts shall have the meaning set forth in Section 4.11(b).

  • Company Material Contracts has the meaning set forth in Section 3.18(a).

  • Assumed Agreements shall have the meaning as set forth in Section 2.2.

  • FF&E Leases means all leases of any FF&E and other contracts permitting the use of any FF&E at the Improvements that are assumed by Buyer.