the Main Contract definition

the Main Contract means the contract between The Buyer and the Employer for which the Goods are required as stated in the Order
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the Main Contract means the agreement entered into between the Contractor and the Employer under the terms of which the Contractor has agreed to carry out works of construction;
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the Main Contract means: Insert the name and description of the main contract for which the Connection is required
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Examples of the Main Contract in a sentence

  • If the debtor has other loans from Party B other than the loans under the Main Contract, Party B has the right to receive the debtor’s RMB or other currency expenses in the account established in the system of China Construction Bank to satisfy any expired debt.

  • Party A agrees to be jointly and severally responsible for the increased part due to the increase of the interest rate, the default interest or the compound interest, if Party B adjusts the interest rate according to the Main Contract, or the government adjusts the interest rate, calculation method or the settlement method.

  • Party A agrees that the right to receive repayment of debts under the Main Contract has priority over Party A’s subrogation right.

  • Party A agrees to be jointly and severally responsible for the debts under the amended Main Contract, in the event that Party B and the debtor agree to amend the Main Contract provisions in writing (including but not limited to the repayment currency, repayment method, loan account No., repayment account No., expense utilization plan, repayment plan, value date and settlement date, startup date or expiration date of debts performance term if the term is not extended).

  • If Party A only provides guarantee for part of the debts under the Main Contract, and if the debts under the Main Contract are not fully paid after Party A performs its obligation as a guarantor, Party A agrees not to cause any damage to Party B when it claims its subrogation right (including in-advance) against the debtor or other guarantors.

  • However, if Party B and the debtor have extended the debt performance date or increased credit principal through agreement without Party A’s consent in advance, Party A shall be jointly and severally liable only for the debts according to the provisions of the Main Contract before the amendment.

  • If Party A only provides guarantee for a part of the debts under the Main Contract, Party A agrees that even if the debtor repays part of the debt, or Party B partially exercises its right under other guarantees, or the debt was partially paid by other means, Party A will be responsible within the scope of the guarantee for the unpaid debt.

  • The failure, invalidation, partial invalidation, or cancellation of the Main Contract does not affect the validity of the guarantee contract.

  • Party A shall be jointly and severally liable within the scope of guarantee, if the debts under the Main Contract are due or Party B announces advanced maturity of debts according to the Main Contract or laws, the debtor fails to fulfill in full amount and in a timely manner, or the debtor breaches other provisions of the Main Contract.

  • In case of invalidation, cancellation or voidance of any transfer of debts or credits under the Main Contract, Party A shall continue to be jointly and severally responsible as a guarantor for Party B according to this Contract.


More Definitions of the Main Contract

the Main Contract means any contract under which the Contractor has been appointed to carryout works of which the Sub-Contract Works form part.
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the Main Contract means the contract between MJC and the Employer for the Goods which are required.
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the Main Contract means the contract between the Contractor and his Employer ("the Employer") under which the Contractor is to carry out certain works and for which the materials or goods are required .
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the Main Contract means the contract, the particulars of which are set out in the Sub-Contract Order.
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Related to the Main Contract

  • Main Contract means the contract between the Employer and the Contractor for the carrying out and completion of the Works.

  • Other Contract means any agreement entered into between the Contractor and the City that is (i) formed under the authority of MCC Ch. 2-92; (ii) for the purchase, sale or lease of real or personal property; or (iii) for materials, supplies, equipment or services which are approved and/or authorized by the City Council.

  • Contract means the written agreement entered into between the purchaser and the supplier, as recorded in the contract form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein.

  • Other Contractor means any party or parties having a direct Contract with the Employer for Work outside the scope of this Contract and shall include any Sub-Contractor of this “Other Contractor”

  • Standard form contract means a financial contract that is substantially not negotiable for the Client, except for the terms contained in point 11.C.