Auction Proceeds definition

Auction Proceeds means, with respect to a Collection Period, all amounts received by the Servicer in connection with the sale or disposition of any vehicle which is sold at auction or otherwise disposed of by the Servicer during such Collection Period, other than Insurance Proceeds.
Auction Proceeds means the portion of the proceeds of the Auction of a Class allocable to a Certificate of such Class.
Auction Proceeds means all monies at any time during the Trust Period payable or becoming payable to the Member under Auction Rules by an Issuer or by Lloyd’s as legal owner of the Lloyd’s Auction Settlement Account (including any such amount so payable or becoming payable to the Member in the capacity of an Issuer and belonging beneficially to it) and includes

Examples of Auction Proceeds in a sentence

  • After the Servicer has made a Sales Proceeds Advance with respect to a Matured Vehicle, the Issuing Entity shall have no claim against or interest in such Matured Vehicle or any Net Auction Proceeds resulting from the sale or other disposition thereof, except with respect to any related Residual Value Surplus.

  • After the Servicer has made a Sales Proceeds Advance with respect to a Matured Vehicle, the Trust shall have no claim against or interest in such Matured Vehicle or any Net Auction Proceeds resulting from the sale or other disposition thereof, except with respect to any related Residual Value Surplus.

  • ARB plans to adopt updated Cap-and-Trade Auction Proceeds: Funding Guidelines for Agencies that Administer California Climate Investments (Funding Guidelines) that will provide criteria to evaluate whether or not a project provides a benefit to a Disadvantaged Community, Low-Income Community, or Low-Income Household.

  • These criteria will be included in the NOFA once the updated Cap-and Trade Auction Proceeds Funding Guidelines are released by ARB.

  • Executive acknowledges that MBC has developed and maintains a well-respected reputation and valuable banking relationships with individuals and business organizations.


More Definitions of Auction Proceeds

Auction Proceeds. The portion of the proceeds of an auction of a Class allocable to a Certificate of such Class as set forth in the Auction Administration Agreement.
Auction Proceeds means, with respect to any Series 1996-1 Leased Vehicle which is sold at auction or otherwise disposed of by the Administrative Agent on behalf of FCTT, all amounts received by the Administrative Agent in connection with such sale or disposition; provided, that if RCL Trust 1996-1 exercises the purchase option pursuant to Section 9.1 of the Program Operating Lease, the "Auction Proceeds" shall mean the related RCL Purchase Option Price.
Auction Proceeds means net Cash and non-cash consideration available to the Debtors as a result of the Auction.
Auction Proceeds means the net US Dollars received by DCMC from the sale of such Eligible Vehicle through a Lender-designated auction together with the fee charged by the auctioneer to DCMC to sell the Eligible Vehicle through such auction.
Auction Proceeds means the proceeds payable to Buyer or its designee as a result of Buyer’s successful bid to tender the license for KWHY-TV, Los Angeles, CA in the reverse portion of the FCC’s broadcast incentive auction, which concluded April 13, 2017.
Auction Proceeds means the proceeds of the Auction of the such Certificates .
Auction Proceeds means all cash, payments and proceeds received by the Master Collateral Agent into the Master Collateral Account on disposition of a Vehicle through an Auction.