Monitoring Contract definition
Examples of Monitoring Contract in a sentence
For purposes of this paragraph, fiscal year is defined as the first full four quarters reported after award in accordance with Paragraph 12 (Reporting / Monitoring Contract Performance), and each of the same four quarterly periods thereafter until contract termination.
All newly acquired Monitoring Contract Documents to which any Loan Party is a party acquired after the Closing Date shall be electronic contracts or reasonably promptly scanned for electronic back-up upon acquisition.
If the Monitoring Contract ends or is expected to end, or if the Monitor otherwise ceases to perform or is expected to cease to perform the function of the Monitor as described in this Agreement, the HDFC shall promptly submit a written request to HPD to enter into a new Monitoring Contract with a new Monitor.
All changes to the Monitoring Contract, and all changes of the Monitor, shall require the prior written consent of HPD.
The HDFC may submit a written request to HPD to amend the Monitoring Contract, which request shall describe the nature of, and include a copy of, the proposed amendment.