Promotional Contract definition
Promotional Contract means a Non-Mortgage Contract, in form and substance satisfactory to the Agent, which has a first Scheduled Payment which is due more than 30 days but less than 210 days from the date of the completion of the related home improvement as set forth in the related Completion Certificate; provided, however, that the definition of "Promotional Contracts" shall not include Contracts whereby the first Scheduled Payment thereunder is deferred for ninety (90) days from the date of the completion of the related home improvement as set forth in the related Completion Certificate.
Promotional Contract shall provide for the administration of the promotion, production and distribution of the Licensed Products by Quality Checd member dairies, including promotional, administrative, marketing, product development and logistical support for such member dairies by Licensee and Quality Checd. For an incremental fee (which fee shall be included within "net sales" hereunder) based upon the wholesale cost to such member dairies of producing four thousand (4,000) pints of the Licensed Products, Licensee and Quality Checd shall provide ingredient formulas to Quality Checd member dairies pursuant to the Promotional Contract, as well as advertising and promotional support for the production and sale of the Licensed Products.
Promotional Contract means a Non-Mortgage Contract, in form and substance satisfactory to Purchaser, which has a first Scheduled Payment which is due upon either the ninetieth (90th) day or the one hundred eightieth (180th) day after the date of the completion of the home improvement described in the related Completion Certificate.
Examples of Promotional Contract in a sentence
Company has not received notice that any counterparty to any Promotional Contract has terminated or is expected to terminate any such Promotion.
If such Contract is a Promotional Contract, (i) such Contract has an Original Balance of not greater than $20,000 and (ii) the Obligor related to such Contract had a FICO Score of at least 680.
More Definitions of Promotional Contract
Promotional Contract means a Non-Mortgage Contract, in form and substance satisfactory to Owner, which (i) has a first Scheduled Payment which is due upon either the ninetieth (90th) day or the one hundred eightieth (180th) day after the date of the completion of the home improvement described in the related Completion Certificate and (ii) provides that, if the Obligor pays all amounts due under such Non-Mortgage Contract in full prior to the date that the first Scheduled Payment is due pursuant to such Non-Mortgage Contract, no interest shall accrue or otherwise be due with respect the principal amount due pursuant to such Non-Mortgage Contract and so repaid by the Obligor.