Residual Contracts definition

Residual Contracts means those Transferring Contracts which do not transfer to the Transferee for any reason on the Scheme Effective Date;
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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:
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Residual Contracts means those contracts listed in Schedule 7;
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Examples of Residual Contracts in a sentence

  • 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.

  • 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 Industry Security Guidelines (as defined in the Existing Residual Contracts) with respect to the Purchased Residuals acquired from that Seller.

  • 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.

  • 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.

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 or agreements to which Seller is a party or to which any of its material assets are bound.