Upgrade Contracts Sample Clauses

Upgrade Contracts. (a) If at any time the Obligor of a Receivable enters into an Upgrade Contract, Originator shall deliver (i) to the Buyer a notice indicating such Upgrade and identifying the Receivable (the "Upgrade Receivable") represented by such Upgrade Contract and (ii) to the Custodian, the Receivable Documents related to such Upgrade Receivable. (b) Buyer shall pay to Originator, in immediately available funds, an amount equal to the excess, if any, of (x) the Outstanding Balance of such Upgrade Receivable over (y) the Outstanding Balance of the existing receivable (the "Pre-Upgrade Receivable") to which it is related. (c) The Buyer will subsequently deliver to the Agent a notice in accordance with Section 2.10 of the Purchase Agreement indicating such Upgrade and identifying the Upgrade Receivable and the Pre-Upgrade Receivable. (d) There shall be no limit on the number of Receivables related to Upgrade Contracts substituted for under this Agreement.
View SourceView Similar (2)
Upgrade Contracts. Cause its Affiliate, TXU Energy Company LLC, to appoint Contractor as Owner’s agent with respect to the STG Upgrade Contract, and assign such STG Upgrade Contract to Contractor on such date as Owner and Contractor mutually agree, but in any event on or before Financial Closing. Upon execution of the Boiler Upgrade Contracts and with respect to the STG Upgrade Contract, Owner shall advise the Upgrade Suppliers that Contractor shall act as agent for and on behalf of Owner with respect to all matters concerning the Upgrade Contracts and that such Upgrade Suppliers shall take directions and instructions from Contractor in the performance of their obligations under their respective Upgrade Contract.
View Source
Upgrade Contracts. The selling of all Upgrade Contracts, regardless of whether the upgrade is of a WorldMark Contract or an ECVC Agreement, shall be subject to the following terms and conditions:
View Source
Upgrade Contracts. ‌‌ In the event that: (a) final acceptance of the replacement project for the remote control interface unit for the Existing SkyTrain System is not complete by May 1, 2013 pursuant to the agreement between Thales and TransLink dated December 20, 2007 and entitled “SkyTrain Remote Control Interface Unit System Replacement Contract, Schedule C, Technical Specifications”; or‌ (b) there are any technical changes to the agreement referred to in Section 2.23(a) which materially adversely affect the performance of the Work by the Primary Contractor,‌ then the Province's Representative shall issue a Province Change and the provisions of Part 8 [Province Changes and Primary Contractor Proposals] shall apply accordingly.
View Source

Related to Upgrade Contracts

  • Construction Contracts Item A: Enter the total dollar amount of all contacts awarded on the project/ program. Item B: Enter the total dollar amount of contracts connected with this project/program that were awarded to Section 3 businesses.

  • Project Contracts Prior to the delivery of this Lease, the Company may have entered into a contract or contracts with respect to the acquisition and/or construction of the Improvements. Those contracts, and any such contracts entered into by the Company after delivery of this Lease are hereinafter referred to as the “Project Contracts.” Prior to the delivery hereof, certain work has been or may have been performed on the Improvements pursuant to said Project Contracts or otherwise. Subject to the Lender’s rights in the Project Contracts, the Company hereby conveys, transfers and assigns to the Issuer all of the Company’s rights in, but not its obligations under the Project Contracts and the Issuer hereby designates the Company as Issuer’s agent for the purpose of executing and performing the Project Contracts. After the execution hereof, the Company shall cause the Project Contracts to be fully performed by the contractor(s), subcontractor(s) and supplier(s) thereunder in accordance with the terms thereof, and the Company covenants to cause the Improvements to be acquired, constructed and/or completed in accordance with the Project Contracts. Any and all amounts received by the Issuer, the Trustee or the Company from any of the contractors or other suppliers by way of breach of contract, refunds or adjustments shall become a part of and be deposited in the Project Fund.

  • Related Contracts (i) The Borrower hereby agrees that, to the extent not expressly prohibited by the terms of the Related Contracts, after the occurrence and during the continuance of an Event of Default, it shall (x) upon the written request of the Administrative Agent or the Collateral Agent, promptly forward to such Agent all information and notices which it receives under or in connection with the Related Contracts relating to the Collateral, subject to applicable confidentiality requirements, and (y) upon the written request of the Administrative Agent or the Collateral Agent, act and refrain from acting in respect of any request, act, decision or vote under or in connection with the Related Contracts relating to the Collateral only in accordance with the direction of such Agent; provided that if the Borrower receives conflicting requests pursuant to this subclause (y), it shall follow whichever request is evidenced to be derived from the direction of the Majority Lenders. (ii) The Borrower agrees that, to the extent the same shall be in the Borrower’s possession, it will hold all Related Contracts relating to the Collateral in trust for the Collateral Agent on behalf of the Secured Parties, and upon request of either Agent following the occurrence and during the continuance of an Event of Default or as otherwise provided herein, promptly deliver the same to the Collateral Agent or its designee.

  • Property Contracts Purchaser shall assume at Closing the obligations under the Property Contracts assumed by Purchaser; however, operating expenses shall be prorated under Section 5.4.2.

  • Equipment Leases Landlord shall enter into such leases of equipment and personal property as Tenant may reasonably request from time to time, provided that the form and substance thereof shall be reasonably satisfactory to Landlord. Tenant shall prepare and deliver to Landlord all such lease documents for which Landlord's execution is necessary and Landlord shall promptly, upon approval thereof, execute and deliver such documents to Tenant. Tenant shall, throughout the Term, be responsible for performing all of Landlord's obligations under all such documents and agreements, including without limitation, all Contracts, as defined in the Purchase Agreement.