CU CONTRACTS definition

CU CONTRACTS means all of ULTRADATA's rights under its data processing contracts with the credit unions listed below (the "Contracted CUs"). ULTRADATA hereby assigns to PSI, and PSI hereby assumes, all of its rights in and obligations under the CU Contracts, effective as of September 30, 1997(the "Closing Date"). If ULTRADATA does not have the right to unilaterally assign a CU Contract, then the sale of that contract is subject to ULTRADATA's ability to obtain that credit union's consent to this assignment. PSI agrees to use its best efforts to assist ULTRADATA in obtaining from each Contracted CU a novation of its respective CU Contract eliminating ULTRADATA as a party thereto as soon as practicable following the Closing Date. 2.
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Related to CU CONTRACTS

  • Project Contracts mean a contract or contracts with respect to the acquisition and/or construction of the Improvements entered into by the Company or the Issuer.

  • Customer Contracts has the meaning set forth in Section 1.1(b)(ii)(A).

  • New Contracts means binding new agreements or amendments to existing agreements with customers.

  • Seller Contracts means all contracts or agreements to which Seller is a party or to which any of its material assets are bound.

  • Assumed Contracts has the meaning set forth in Section 2.1(d).