MH Contract definition

MH Contract means the installment loan agreement or retail installment sales contract executed by an Obligor evidencing indebtedness in connection with the financing of a Manufactured Home.
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MH Contract refers to a first lien manufactured housing conditional sales contract, including any Land-and-Home Contract and Chattel Paper, the ownership of which is evidenced by a Trust Receipt.
Sample 1
MH Contract or “MH Contracts” means the promissory note, installment loan agreement and/or installment sales contract, which evidence the loans described on the Data Tape (together with all security interests, collateral securing such loans, and other items described in Section 2.01(b) below).
Sample 1

Examples of MH Contract in a sentence

  • In connection with the assignment, transfer or conveyance of any individual Loan or MH Contract, the Note and other Loan Documents do not contain any provision limiting the right or ability of the applicable Qualified Originator to assign, transfer and convey the to any other person or entity.

  • Except with respect to the State of Colorado, or as otherwise notified to Buyer in writing, there is only one original executed Dealer Financing Agreement or MH Contract, which original Dealer Financing Agreement or MH Contract (or copy thereof accompanied by a lost Dealer Financing Agreement or MH Contract affidavit) has been delivered to the Custodian as part of the Loan File for such MH Loan on or before the Purchase Date.

  • The data on the attached Exhibit B correctly and accurately reflects the data contained in Company’s records (including, without limitation, the related MH Contract File) in all respects.

  • Conseco Finance has not sold, assigned or pledged the MH Contract to any Person other than the Custodian.

  • Borrower has not assigned, sold, transferred, conveyed, or in any manner delivered any Lease or MH Contract to any other persons, except to Lender pursuant to the terms herein.

  • The terms of the MH Note, the MH Loan and the MH Contract have not been impaired, waived, altered or modified in any respect, except by a written instrument identified in the Loan File and which has been recorded, if necessary to protect the interests of the Buyer.

  • Each MH Contract and the other documents in the related MH Contract File are genuine, and each is the legal, valid and binding obligation of the maker thereof, enforceable in accordance with its terms, except as such enforcement may be limited by the Enforceability Exceptions.

  • In the event Borrower desires to sell a Home securing the Loan to a Homeowner or Tenant and such sale does not result in the creation of a MH Contract in favor of Borrower, then Borrower agrees that concurrently with the closing of the sale Borrower shall pay Lender an amount equal to that portion of the unpaid balance of the Note allocated to the applicable Home as shown on Lender’s records.

  • Pursuant to the terms of: (i) the MH Loan, the MH Contract, the MH Note, the related Manufactured Home is insured by a Qualified Insurer against loss by fire and such other risks as are usually insured against in the broad form of extended coverage hazard insurance available from time to time.

  • The Custodian has and will have a valid and perfected and enforceable first priority security interest in such MH Contract.

Related to MH Contract

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • Loan Contract means the evidence of indebtedness and all instruments used in the

  • Charter contract or "contract" means a fixed-term, renewable contract

  • 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 contractingparty 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.

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Open Contract means a Contract which has not been closed out and which has not yet matured;

  • Project Contract means a Project Contract as such term is defined in the RfP; “Proposal” means a Proposal as such term is defined in the RfP;

  • Major Contract means (i) any management agreement relating to the Properties or the Loan Parties, (ii) any agreement between any Loan Party and any Affiliate of any Relevant Party and (iii) any brokerage, leasing, cleaning, maintenance, service or other contract or agreement of any kind (other than Leases) relating to the Properties, in each case involving payment or expense of more than One Million and No/100 Dollars ($1,000,000) during any twelve (12) month period, unless cancelable on thirty (30) days or less notice without requiring payment of termination fees or payments of any kind.

  • Credit-sale contract means a written contract for the sale of grain pursuant to which the sale price is to be paid or may be paid more than thirty days after the delivery or release of the grain for sale and which contains the notice provided in subsection 7 of section 60-02.1-14. If a part of the sale price of a contract for the sale of grain is to be paid or may be paid more than thirty days after the delivery or release of the grain for sale, only such part of the contract is a credit-sale contract.

  • Term contract means contracts established by the chief procurement officer for specific supplies, services, or information technology for a specified time and for which it is mandatory that all governmental bodies procure their requirements during its term. As provided in the solicitation, if a public procurement unit is offered the same supplies, services, or information technology at a price that is at least ten percent less than the term contract price, it may purchase from the vendor offering the lower price after first offering the vendor holding the term contract the option to meet the lower price. The solicitation used to establish the term contract must specify contract terms applicable to a purchase from the vendor offering the lower price. If the vendor holding the term contract meets the lower price, then the governmental body shall purchase from the contract vendor. All decisions to purchase from the vendor offering the lower price must be documented by the procurement officer in sufficient detail to satisfy the requirements of an external audit. A term contract may be a multi‑term contract as provided in Section 11‑35‑2030.

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

  • Provider contract means any contract between a provider and a carrier (or a carrier's network,

  • Customer Contract means any written contract or agreement (other than trade contracts) between Seller and any of its customers (or under which Seller has rights) which has been entered into and signed by the parties thereto in connection with the publication of the Directories and corresponding provision of Directory Services.

  • Tender Contract means the contract between the City and each Tenderer governing the ITT process;

  • Public contract means an agreement between a public body and a nongovernmental source that is

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • Prepaid contract means any Contract that has terminated or been prepaid in full prior to its scheduled expiration date (including because of a Casualty Loss), other than a Defaulted Contract.

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.