Aggregate Contracts definition
Examples of Aggregate Contracts in a sentence
On each date on which the Aggregate Contracts Balance or the Borrowing Base is required to be calculated hereunder, the eligibility of each of the Contracts shall be re-determined as of such calculation date and, as a consequence thereof, Contracts having Contract Payments that were Eligible Contract Payments on a prior calculation date may be excluded from the Aggregate Contracts Balance or the Borrowing Base (as the case may be) on the date of calculation.