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Common use of Replacement Contract Clause in Contracts

Replacement Contract. It is a breach of the Contract if the PFI does not immediately reimburse the Bank for any funds advanced by the Bank to obtain a Replacement Contract.

Appears in 6 contracts

Sources: Participating Financial Institution Agreement, Participating Financial Institution Agreement, Participating Financial Institution Agreement

Related Clauses

  • Management Contracts
  • OPTION NOT A SERVICE CONTRACT
  • Project Contracts
  • Subcontracting; Assignment
  • Service Contract

Parent Clauses

  • Specific Breaches of Contract
  • BREACHES OF CONTRACT
  • Regulatory Approvals
  • DEFINITIONS
  • Replacements

Sub-Clauses

  • Forbearance Not a Waiver
  • Rights Regarding PFI Relationship
  • Rights With Respect to the Collateral and the Advances Agreement
  • Use of Credit Enhancement Data
  • Addresses
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