Substitute Contracts. (a) In consideration for the transfer by the Issuer to the Company of any Predecessor Contract transferred to the Company by the Issuer in accordance with the terms and conditions of Section 7 of the Contribution and Servicing Agreement, the Company shall transfer to the Issuer on the Substitution Date related thereto, and the Issuer shall accept, a Substitute Contract; provided that such Substitute Contract is in accordance with the terms and conditions of the Contribution and Servicing Agreement.
Substitute Contracts. In consideration for the transfer by the Issuer to the Company of any Predecessor Contract transferred to the Company by the Issuer in accordance with the terms and conditions of Section 7 of the Amended and Restated Contribution and Servicing Agreement, the Company shall transfer to the Issuer on the Substitution Date related thereto, and the Issuer shall accept, a Substitute Contract; PROVIDED that such Substitute Contract is in accordance with the terms and conditions of the Amended and Restated Contribution and Servicing Agreement.
Substitute Contracts. ..2 Section 2.03 Intent of Parties; Security Interest......................................................3 Section 2.04 Obligations to Transfer Certain Collections...............................................3 Section 2.05 Grant of Security Interest................................................................3 ARTICLE III REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE COMPANY
Substitute Contracts. 2 SECTION 2.03 INTENT OF PARTIES; SECURITY INTEREST........................2
Substitute Contracts. Any Substitute Contract delivered to the Series 2000-A Trust Estate shall, if delivered during the Amortization Period, in addition to being an Eligible Contract, have substantially similar characteristics as the Replaced Contract.
Substitute Contracts. 2 SECTION 2.03 INTENT OF PARTIES; SECURITY INTEREST...................................................2 ARTICLE III. REPRESENTATIONS AND WARRANTIES OF THE COMPANY
Substitute Contracts. Buyer shall use its commercially reasonable efforts to cause the Company to be substituted in all respects for Seller, effective as of the Closing, in respect of all obligations of Seller under the IDX Agreement and each of the agreements, contracts, equipment leases, guaranties, letters of credit, letters of comfort and other obligations of Seller (including leases of real and personal property) for the benefit of the Division or any of the Division Entities or any extensions or modifications thereto in accordance with this Agreement (collectively, the "Substitute Contracts") and to use its commercially reasonable efforts to cause each other party to such Substitute Contract to release Seller and its Affiliates (other than the Company and any Division Entity) from any and all obligations and liabilities under such Substitute Contract. To the extent that it is commercially impracticable with respect to any given Substitute Contract for Buyer to effect such substitution and release, so long as Buyer may receive the economic benefit from such Substitute Contract , Buyer shall indemnify and hold harmless the Seller Indemnified Parties from and against all Damages asserted against, resulting to, imposed upon or incurred by the Seller Indemnified Parties by reason of or arising from any liability or obligation resulting from any such Substitute Contract in accordance with Section 11.4. Buyer shall take all actions that are necessary to comply with this Section 2.5 as promptly as practicable after the date hereof and shall keep Seller reasonably informed of any developments associated therewith and shall provide Seller with periodic updates on the status of its efforts. Seller agrees to reasonably cooperate with Buyer in connection with the fulfillment of Buyer’s obligations under this Section 2.5. Section 2.5 of the Disclosure Letter sets forth a list of all Substitute Contracts of Seller.
Substitute Contracts. Any Substitute Contract delivered to the Series 2002-A Trust Estate shall, if delivered during the Amortization Period, in addition to being an Eligible Contract, have substantially similar characteristics as the Replaced Contract. No substitution shall be permitted if the cumulative aggregate balance of the Contract Balance Remaining for all Substitute Contracts exceeds, or would upon such substitution exceed, five percent (5%) of the Maximum Series Limit.
Substitute Contracts. 5 Substitute teachers, after twenty (20) consecutive work days of substituting on the same 6 assignment, will be paid at their position on the salary schedule retroactive to the first day. 7 Payment shall be on a day taught basis. 8
Substitute Contracts
