Examples of Substitution in a sentence
Test 3.3(r) – 1: No Amendments Observe the Lease account in Ford Credit's receivables systems and confirm a "Substitution Agreement" and/or "Transfer of Lease" account message is not indicated or, if so, confirm a substitution agreement and/or transfer agreement is in the Lease File.
The request for substitution of securities to be deposited with the City, or with a State or Federally Chartered Bank as escrow agent, shall be submitted on the form entitled "Supplemental Agreement No. Substitution of Securities for Funds Withheld", which, when executed by the Contractor and the City, shall constitute a Supplemental Agreement forming a part of this Contract.
The Collateral Manager may direct the Trustee to sell any Collateral Obligation to BOCIC at any time in connection with an optional purchase or substitution of such Collateral Obligation pursuant to Section 12.3, it being understood that such sales will be subject to the Purchase and Substitution Limit.
Shift swaps shall comply with the terms of FLSA 29 CFR § 553.31 - Substitution - section 7(p)(3).
In addition to the right to substitute for any Collateral Obligations that become subject to a Substitution Event, BOCIC shall have the right, but not the obligation, to purchase from the Issuer any Collateral Obligation subject to the Purchase and Substitution Limit at a cash purchase price at least equal to the Fair Market Value of such Collateral Obligation (or applicable portion thereof) as of the date of such purchase, which the Trustee shall deposit into the Collection Account upon receipt.