Converted Contract definition

Converted Contract means a New Core Contract under which the financial institution has converted to, or installed, the New Core Software, and is fully operational, evidenced by a certificate executed by the financial institution to the effect that the New Core Software has been successfully integrated into such financial institution’s products and services and is operating, subject to one or more issues identified by the financial institution on such certificate which, in the aggregate, does not affect the overall functionality of the system. The date of execution by the financial institution of the certificate evidencing the Converted Contract shall be the effective date of the Converted Contract (the “Converted Contract Date”).
Converted Contract means a contract with a financial institution under which the financial institution has converted to, or installed, the New Core Software, and is fully operational, evidenced by a certificate executed by the financial institution to the effect that the New Core Software has been successfully integrated into such financial institution’s products and services and is operating, subject to one or more issues identified by the financial institution on such certificate which, in the aggregate, do not affect the overall functionality of the system.

Examples of Converted Contract in a sentence

  • The Per Share Computed Value; provided, however, that the number of shares of RDSI Common Stock derived from the foregoing calculation shall be reduced by the number of Converted Contract Revision Shares.

  • If your Contract is a Converted Contract then the existing terms of your Contract are Additional Terms and will continue to apply unless they conflict with a Key Matter or a Fundamental Term.

  • The first financial institution shall be subject to a Converted Contract being in place using the New Core Software.

  • The fifth financial institution shall be subject to a Converted Contract being in place using the New Core Software.

  • If you have a Converted Contract then you are entitled to receive a copy of the written statement within six months of the 1st of December 2022.

  • If your Contract is a Converted Contract then Supplementary Terms do not automatically apply to your Contract.

Related to Converted Contract

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Terminated Contracts has the meaning set forth in Section 5.6(a).

  • Prepaid contract means a contract requiring payment in advance for funeral or cemetery services or merchandise, physical delivery and retention of which would occur after death under a guaranteed price contract or a nonguaranteed price contract. Prepaid contracts do not include a contract for the sale of merchandise or funeral or cemetery services entered into after the death of the contract beneficiary.

  • Non-negotiated contract means a contract whose terms, other than the terms contained in point 11.C. (given below) are not negotiated between the parties to the financial contract and includes –

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;