Account Proceeds definition

Account Proceeds has the meaning set forth in Section 4.1.

Account Proceeds means any and all Rents and other revenue in connection with the Property that is deposited by any Clearing Bank, the Borrower, the Manager or otherwise into the Cash Collateral Account from time to time.

Account Proceeds refers to the property in the Account at the death of the Account Holder, or the last of them to survive, as adjusted by any transactions made in accordance with this Agreement.

Examples of Account Proceeds in a sentence

• Trust Account Proceeds held in the Trust Account will be invested only in U.S. government treasury bills with a maturity of one hundred and eighty-five (185) days or less or in money market funds meeting certain conditions under Rule 2a 7 under the Investment Company Act of 1940 which invest only in direct U.S. government obligations.

• The Collateral Agent shall have the sole right to make and authorize withdrawals from the Account and to exercise all rights with respect to the Account Proceeds from time to time therein pursuant to, and in accordance with the terms of, this Agreement.

• Note: Account Proceeds and Securities will be distributed proportionately in kind to the beneficiaries according to their respective interests.

• Regarding Use of the Education Protection Account Proceeds to Partially Fund Instructional Salaries and Benefits.

• The Collateral Agent shall apply the Account Proceeds and/or the proceeds of any collection or sale of Collateral, including any Collateral consisting of cash, in accordance with Section 8.04 of the Credit Agreement.

More Definitions of Account Proceeds

Account Proceeds means proceeds of an Account other than an Account ---------------- representing the sale or other disposition of Machinery and Equipment pursuant to Section 2.02(b)(i).

Account Proceeds means any and all Rents and Profits and other revenue in connection with the Properties and any other sums that are deposited into, or earned from sums deposited in Property Accounts A or, all sums that are deposited into, or earned on sums deposited into the Deposit Account, as applicable.

Account Proceeds means any and all assets of whatever type or kind deposited in (or credited to) the Account, whether now owned or hereafter acquired, including all moneys, checks, drafts, instruments, securities or interests therein of any type or nature deposited in (or credited to) the Account and all investments and all certificates and other instruments from time to time representing or evidencing the same, and all interest, distributions, cash and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing and all Proceeds of any or all of the foregoing.

Account Proceeds. As defined in the Collateral Agency Agreement.

Account Proceeds has the meaning set forth in Section 7.7(b)(i).

Account Proceeds means all Mortgaged Property Gross Cash Flow and any and all other sums in any Clearing Account A or any Deposit Account, as applicable, from time to time.

Account Proceeds means any and all assets of whatever type or kind deposited in the Account, whether now owned or hereafter acquired, including all moneys, checks, drafts, instruments, securities or interests therein of any type or nature deposited in the Account and all investments and all certificates and other instruments from time to time representing or evidencing the same, and all interest, distributions, cash and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing and all Proceeds (as defined in Section 102(a)(64) of the UCC) of any or all of the foregoing.