Examples of Replaced Contract in a sentence

Any Substitute Contract delivered to the Series 2002-A Trust Estate shall, if delivered during the Amortization Period, in addition to being an Eligible Contract, have substantially similar characteristics as the Replaced Contract.
Any Substitute Contract delivered to the Series 2000-A Trust Estate shall, if delivered during the Amortization Period, in addition to being an Eligible Contract, have substantially similar characteristics as the Replaced Contract.
Upon satisfaction of such conditions, the Trustee shall add such Contract to be substituted to, and delete such Replaced Contract from, the List of Contracts.
In addition, a Substitute Contract which is a Land Home Contract may only be used to replace a Replaced Contract which was a Land Home Contract.

More Definitions of Replaced Contract

Replaced Contract. Has the meaning assigned in Section 2.03 of the Indenture.

Replaced Contract. A Contract as to which the Contract Seller has a Repurchase Obligation and which, at the Contract Seller's option, is replaced in the Trust Fund by an Eligible Substitute Contract pursuant to Section 3.05.

Replaced Contract. Has the meaning set forth in Section 6.16. Requirements of Law. Any law, treaty, rule or regulation, or final determination of an arbitrator or Governmental Authority, and, when used with respect to any Person, the certificate of incorporation and by-laws or other organizational or governing documents of such Person.

Replaced Contract. Defined in Section 6.2.

Replaced Contract. Any Warranty Contract, Prepaid Contract or Defaulted Contract for which a Substitute Contract has been substituted in accordance with Section 2.6(b) or Section 2.7, as applicable.

Replaced Contract means any Contract for which a Substitute Contract has been substituted in accordance with Section 2.6(b) or Section 2.7 of the Transfer and Servicing Agreement.

Replaced Contract. A Contract as to which a Contract Seller has a Repurchase Obligation and which, at a Contract Seller's option, is replaced in the Trust Fund by an Eligible Substitute Contract pursuant to Section 3.05.