Non-Performing Contract definition

Non-Performing Contract. Any contract that is not a Performing Contract or a Delinquent Performing Contract.
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Non-Performing Contract means a Fee Per Scan Contract under which the average amount of Rent due over any three (3) month period occurring after the trial period is less than [Language Deleted Due To Confidential Treatment Request.] per month for Model QDR4500C or less than [Language Deleted Due To Confidential Treatment Request.] per month for Model QDR1000.
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Examples of Non-Performing Contract in a sentence

  • The refund amount owed to Red Bull shall be the difference between the Marketing Payment and the amount of the Marketing Payment earned by the City for the Non-Performing Contract Year.

  • The amount of the Marketing Payment deemed earned by the City for the Non-Performing Contract Year shall be determined by multiplying the Marketing Payment amount by the fraction equal to the volume of cases purchased during the Non-Performing Contract Year, divided by the number of cases of Product purchased during the Base Contract Year.

Related to Non-Performing Contract

  • Non-Performing Party The Party who is in breach of, or is otherwise failing to perform, its obligations under this Agreement.

  • Non-Performing Assets means an asset classified as non-performing based on the instructions and guidelines issued by the Reserve Bank of India from time to time

  • Non-Performing Loans means, with respect to any Bank Subsidiary at any time, the aggregate principal amount (including any capitalized interest) of all nonaccruing loans of such Bank Subsidiary plus the aggregate principal amount of all loans of such Bank Subsidiary that are ninety (90) days or more past due and still accruing minus the Guaranteed Loan Amount of such Bank Subsidiary, in each case at such time.

  • Non-Performing Equipment Note means an Equipment Note issued pursuant to an Indenture that is not a Performing Equipment Note.

  • Non-Performing Common Equity means Capital Stock (other than Preferred Stock) and warrants of an issuer having any debt outstanding that is non-Performing.