Examples of Contract Collateral in a sentence
In addition, the currency in which the collateral is to be collected can be specified in the LC Contract Collateral screen, while processing an LC.
After giving effect to the making of the Advances and the application of the proceeds thereof on the related Advance Date, the Contract Collateral will have been purchased by or contributed to the Borrower on such Advance Date pursuant to the Sale Agreement and all amounts owing to the Equityholder as consideration therefor will be paid in full.
Following such notification, the Trustee may receive an Excess Assets Direction from an Other Creditor that has provided security to the Issuer in support of its obligations under a Swap, Contract, Collateral Securities Agreement, Deposit Agreement or Other Agreement.
As of the Restatement Effective Date, the only contracts comprising FERC Contract Collateral of the Loan Parties and their respective Subsidiaries as to which further consent of the FERC may be required in connection with the exercise of remedies by the Administrative Agent under the Loan Documents are contracts for the transportation and storage of certain Eligible Commodities.
Please specify if a Concession Agreement is required under the Call-Off Contract; Collateral Warranties - You should specify whether Collateral Warranties are required for this contract and the form this will take; Performance Bond – You should indicate whether a Performance Bond is required for this contract.