Non-Cancellable Contract definition

Non-Cancellable Contract means, as of any date of determination, a contract between a Borrower and its customer providing for the rendering of services by a Borrower to such customer for a period of at least twelve months, and such contract may not be terminated by such customer without cause during such twelve-month period.
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Examples of Non-Cancellable Contract in a sentence

  • SmartMoves® Contract Number S0301042 dated May 17, 2002, between Southwestern ▇▇▇▇ Telephone, L.P. and Villas at Eldorado, Ltd., as evidenced by Memorandum of Contract dated May 17, 2002 recorded August 9, 2002 in Volume 5229, Page 6 of the Real Property records of Collin County, Texas, is a Non-Cancellable Contract, as defined in Section 5(e) of the Contract, and is to be listed on Exhibit F attached to the Contract.

Related to Non-Cancellable Contract

  • Applicable Contract any Contract (a) under which the Company has or may acquire any rights, (b) under which the Company has or may become subject to any obligation or liability, or (c) by which the Company or any of the assets owned or used by it is or may become bound.

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.

  • Storage Contract means the contract described in paragraph 8.3.3 of the Conditions of Business or paragraph

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contracting party or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Applicable Contracts has the meaning set forth in Section 2.15(a).