MRF Contract definition

MRF Contract has the meaning given to it in Section 2.2(c) of this Agreement.
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Examples of MRF Contract in a sentence

  • Upon a one-year renewal of the MRF Contract, if any, beyond the initial six-year term, Buyer will make 1/7th of the payments set forth in Clauses (i), (ii), (iii) and (iv) below to the Principal Stockholder for the benefit of the former stockholders of Recycling.

  • If the MRF Contract is for an initial term of at least five years but less than six years, Buyer will make 5/7ths of the payments set forth in Clauses (i), (ii), (iii) and (iv) below to the Principal Stockholder for the benefit of the former stockholders of Recycling.

  • Upon each of the first two one-year renewals of the MRF Contract, if any, beyond the initial five-year term, Buyer will make 1/7th of the payments set forth in Clauses (i), (ii), (iii) and (iv) below to the Principal Stockholder for the benefit of the former stockholders of Recycling.

  • If the MRF Contract is for an initial term of at least six years but less than seven years, Buyer will make 6/7ths of the payments set forth in Clauses (i), (ii), (iii) and (iv) below to the Principal Stockholder for the benefit of the former stockholders of Recycling.