Reinvestment Deferred Amount Clause Samples

Reinvestment Deferred Amount. With respect to any Recovery Event in respect of which the Borrower has delivered a Reinvestment Notice, the aggregate Net Cash Proceeds received by the Borrower or any Subsidiary in connection therewith that are not applied to prepay the Loans pursuant to §2.6 hereof as a result of the delivery of a Reinvestment Notice.