Tangible Contract definition

Tangible Contract. A Contract that constitutes “tangible chattel paper” under and as defined in Section 9-102(a)(79) of the UCC.
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Tangible Contract means a Contract that constitutes "tangible chattel paper" (under and as defined in the UCC as then in effect in the relevant State) evidencing any Receivable. "Tangible Net Worth" means at any time with respect to DFC, the difference of DFC's (i) assets minus (ii) liabilities minus (iii) without duplication, intangible assets, including goodwill,
Sample 1
Tangible Contract means a Contract that constitutes "tangible chattel paper" (under and as defined in the UCC as then in effect in the relevant State) evidencing any Receivable. "Tangible Net Worth" means at any time with respect to DFC, the difference of DFC's (i) assets minus (ii) liabilities minus (iii) without duplication, intangible assets, including goodwill, franchises, licenses, deferred tax assets, patents, trademarks, trade names, copyrights and service marks, in all cases calculated on a consolidated basis and in accordance with GAAP. "Target Rate" means (i) with respect to any Prime Receivable, 2.25%, (ii) with respect to any Near Prime Receivable, 3.75%, and (iii) with respect to any Subprime Receivable, 6.25%. "Tax" or "Taxes" means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax, additional amounts or penalties applicable thereto. "Termination Date" means the earliest to occur of (i) the occurrence of the Commitment Termination Date with respect to all Lenders, (ii) the Business Day designated by the Borrower
Sample 1

Examples of Tangible Contract in a sentence

  • Upon the filing of UCC-1 financing statements naming the assignee or pledgee as secured party, or upon the Collateral Custodian obtaining control, in the case of that portion of the collateral which constitutes Tangible Contract or upon the Vault Provider granting control to the assignee, in the case of that portion of the collateral which constitutes electronic chattel paper, the assignee or pledgee shall have a first priority (except for any Permitted Liens) perfected security interest in the collateral.


More Definitions of Tangible Contract

Tangible Contract means a Contract that constitutes 'tangible chattel paper' (under and as defined in the UCC as then in effect in the relevant State) evidencing any Receivable. "Tangible Net Worth" means at any time with respect to DFC, the difference of DFC's (i) assets minus (ii) liabilities minus (iii) without duplication, intangible assets, including goodwill, franchises, licenses, deferred tax assets, patents, trademarks, trade names, copyrights and service marks, in all cases calculated on a consolidated basis and in accordance with GAAP. "Target Rate" means (i) with respect to any Prime Receivable, 0.002.25%, or (ii) with respect to any Near PrimeNon-Prime Receivable, 3.00%, and (iii) with respect to any Subprime Receivable, 7.504.00%. "Tax" or "Taxes" means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax, additional amounts or penalties applicable thereto. 47 149194398v7
Sample 1
Tangible Contract means a Contract that constitutes 'tangible chattel paper' (under and as defined in the UCC as then in effect in the relevant State) evidencing any Receivable. "Tangible Net Worth" means at any time with respect to DFC, the difference of DFC's (i) assets minus (ii) liabilities minus (iii) without duplication, intangible assets, including goodwill, franchises, licenses, deferred tax assets, patents, trademarks, trade names, copyrights and service marks, in all cases calculated on a consolidated basis and in accordance with GAAP. "Target Rate" means (i) with respect to any Prime Receivable, 2.25% or (ii) with respect to any Non-Prime Receivable, 4.00%. "Tax" or "Taxes" means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax, additional amounts or penalties applicable thereto. "Termination Date" means the earliest to occur of (i) the occurrence of the latest Commitment Termination Date, (ii) the Business Day designated by the Borrower to the Lenders as the Termination Date at any time following 30 days' prior written notice, (iii) the date on which a Servicer Termination Event occurs, (iv) the date on which the Termination Date either automatically occurs or is declared, as applicable, following the occurrence of a Termination Event and pursuant to Section 8.01(b) or (v) the date on which an Early Amortization Event occurs. "Termination Event" has the meaning given to such term in Section 8.01(a). "Transition Expenses" has the meaning given to such term in Section 7.14(f). "U.S. Person" means any Person that is a "United States person" as defined in Section 7701(a)(30) of the Code. "U.S. Tax Compliance Certificate" has the meaning specified in Section 2.11(g)(ii)(B)(3). "UCC" means the Uniform Commercial Code as from time to time in effect in the applicable jurisdiction. "Unadjusted Benchmark Replacement" means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment. "United States" or "U.S." means the United States of America. "Unmatured Servicer Termination Event" means any event that, with the giving of notice or the lapse of time, or both, would become a Servicer Termination Event. "Unmatured Termination Event" means any event that, with the giving of notice or the lapse of time, or both, would become a Termination Event. 47
Sample 1
Tangible Contract means a Contract that constitutes 'tangible chattel paper' (under and as defined in the UCC as then in effect in the relevant State) evidencing any Receivable. "Tangible Net Worth" means at any time with respect to DFC, the difference of DFC's (i) assets minus (ii) liabilities minus (iii) without duplication, intangible assets, including goodwill, franchises, licenses, deferred tax assets, patents, trademarks, trade names, copyrights and service marks, in all cases calculated on a consolidated basis and in accordance with GAAP. "Target Rate" means (i) with respect to any Prime Receivable, 2.251.00% or, (ii) with respect to any Non-Prime Receivable, 4.00 that is not also a Subprime Receivable, 1.50% or (iii) with respect to any Subprime Receivable, 6.50%. "Tax" or "Taxes" means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax, additional amounts or penalties applicable thereto. "Termination Date" means the earliest to occur of (i) the occurrence of the latest Commitment Termination Date, (ii) the Business Day designated by the Borrower to the Lenders as the Termination Date at any time following 30 days' prior written notice, (iii) the date on which a Servicer Termination Event occurs, (iv) the date on which the Termination Date either automatically occurs or is declared, as applicable, following the occurrence of a Termination Event and pursuant to Section 8.01(b) or (v) the date on which an Early Amortization Event occurs. "Termination Event" has the meaning given to such term in Section 8.01(a). "Transition Expenses" has the meaning given to such term in Section 7.14(f). "U.S. Government Securities Business Day" means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities. 47
Sample 1
Tangible Contract means a Contract that constitutes 'tangible chattel paper' (under and as defined in the UCC as then in effect in the relevant State) evidencing any Receivable." "'Target Rate' means (i) with respect to any Prime Receivable, 0.00%, (ii) with respect to any Near Prime Receivable, 3.00%, and (iii) with respect to any Subprime Receivable, 7.50%." "'U.S. Government Securities Business Day' means any day except for (i) a Saturday, (ii) a Sunday or (iii) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities."
Sample 1

Related to Tangible Contract

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contracting party or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Deemed Contract means a contract which is deemed to have automatically been formed when we supply gas or electricity to your property where you have not actively agreed to a new supply of gas and/or electricity from us;

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Assigned Contract shall have the meaning set forth in Section 1.1(b).

  • Tangible Net Worth means, as of any date, (a) Total Asset Value minus (b) the sum of (i) Consolidated Total Debt and (ii) to the extent included in the calculation of Total Asset Value, goodwill and other intangible assets (other than deferred leasing intangibles).

  • works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;