Alarm Contract definition

Alarm Contract means a written contract or agreement (including any contract or agreement acquired by any Borrower) between a Borrower and a Subscriber pursuant to which such Borrower provides regular and on-going electronic monitoring services, closed-circuit television and access control systems, maintenance, fire and/or other electronic security system related services to such Subscriber.
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Alarm Contract means each Contract affecting a Property under which the applicable vendor provides alarm monitoring services for such Property.
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Examples of Alarm Contract in a sentence

  • To the Agent, promptly upon knowledge thereof, notice of any change in any requirement of law governing any Alarm Contract which could reasonably be expected to require an amendment to such Alarm Contract.

  • To the extent any change in any requirement of law governing any Alarm Contract could reasonably be expected to require an amendment to such Alarm Contract, such Borrower shall use commercially reasonable efforts to replace such Alarm Contract with an Alarm Contract which complies with such law, and shall, in any case, amend all such Alarm Contracts if a Material Adverse Effect could reasonably by expected to result from such change in law.

  • Seller’s Closing Statement shall be accompanied by: (i) supporting schedules setting forth in reasonable detail the determination of the Loan Balance, and (ii) as to the Qualified Retail RMR and the Qualified Wholesale RMR, a provisional draft of Schedule 1.1(d), which shall distinguish between Qualified Alarm Contracts and Non-Qualified Alarm Contracts and shall indicate the RMR for each Assumed Alarm Contract.

  • If a Seller is unable to obtain such consent, such Seller shall terminate its Alarm Contract at or before the applicable Closing at such Seller’s sole cost and expense, in which case Buyer shall not assume such Alarm Contract.

  • Notwithstanding the foregoing, no Alarm Contract Loss less than $1,000 shall be subject to the provisions of this Section 10.

  • Pursuant to the terms and conditions of the Escrow Agreement, Borrower shall cause all Security Alarm Contract Documents to be delivered to the Collateral Servicer for filing and storage.

  • Seller shall provide to Buyer in accordance with Article III true, correct and complete copies of each Alarm Contract.

  • Contract systems 18 20 20 Contract annual lease charge Fire Alarm Contract 01/09/20 01/09/20 1 Year 05/03/20 £0.00 £0.00 Automat Firestop Services Contract to 18 19 19 ic Rollover provide ongoing maintenanc e & statutory 6- month inspection of the fire alarm.