Claim Proceeds means, with respect to any Commercial Tort Claim or any Collateral Support or Supporting Obligation relating thereto, all Proceeds thereof, including all insurance proceeds and other amounts and recoveries resulting or arising from the settlement or other resolution thereof, in each case regardless of whether characterized as a “commercial tort claim” under Article 9 of the UCC or “proceeds” under the UCC.
Claim Proceeds means any and all value due to and/or received by, directly or indirectly, on behalf of, or in lieu of payment to, the Claimant in connection with or arising out of the Claim as a result of any judgment, award, order, settlement arrangement or compromise, (including payment of any damages, compensation, interest, restitution, recovery, judgment sum, arbitral award, settlement sum, compensation payment, costs and interest on costs), whether in monetary or non-monetary form, whether actual or contingent, and before deduction of any taxes which the Claimant may be liable to pay in respect of the Claim Proceeds;
Claim Proceeds means all present and future value, order, award, entitlement or remuneration of any kind and in any form including, without limitation, any property, assets, cash, bonds, or any other form of payment or restitution, permit, license, consideration, refund or reimbursement of fees or similar right in each case paid, payable, recovered, owing to, due to, awarded to, ordered or otherwise received or to be received by the Company or any of its direct or indirect subsidiaries or affiliates of any kind, or any of their respective successors or assigns pursuant to or in respect of any settlement, award, order, entitlement, collection, judgment, sale, disposition, agreement or any other monetization of any kind of, in any way relating to the Claim Proceedings.
Examples of Claim Proceeds in a sentence
NUMBER(10,2) Initial Claim Proceeds Funds received in connection with the conveyance of the property to the insuring agency (Positive Number).
NUMBER(10,2) Final Claim Proceeds Claim funds received from the insuring agency (HUD/VA).
Notwithstanding the foregoing, on the fifth Business Day after the date of receipt of any XXX Claim Proceeds, the Borrower shall cause to be paid a mandatory repayment of principal of Loans pursuant to the terms of Section 4.5(a) in an amount equal to such XXX Claim Proceeds.
As security for repayment of the Account Balance under this Agreement, we require you to provide us with an assignment (in the form of the Form of Assignment) to us of the Claim Proceeds.
If you recover any Claim Proceeds, a share of your Claim Proceeds may still be paid to the Scheme.
More Definitions of Claim Proceeds
Claim Proceeds means the proceeds of a claim (a “Recovery Claim”) against any party to a Project Document (or a Cotai Resort Management Agreement) or any of such party’s Affiliates (or any employee, officer or adviser) in relation to the Project Documents (or a Cotai Resort Management Agreement) except for Excluded Claim Proceeds, and after deducting:
Claim Proceeds has the meaning specified in Section 2.04(b)(v).
Claim Proceeds means all present and future value, order, award, entitlement or remuneration of any kind and in any form including, without limitation, any property, assets, cash, bonds, or any other form of payment or restitution, permit, license, consideration, refund or reimbursement of fees or similar right in each case paid, payable, recovered, owing to, due to, awarded to, ordered or otherwise received or to be received by the Borrower or any of its direct or indirect subsidiaries or affiliates of any kind, or any of their respective successors or assigns pursuant to or in respect of any settlement, award, order, entitlement, collection, judgment, sale, disposition, agreement or any other monetization of any kind of, in any way relating to the Claim Proceedings.
Claim Proceeds means the proceeds of a claim (a “Recovery Claim”) against any party to a Project Document or any of such party’s Affiliates (or any employee, officer or adviser) in relation to the Project Documents except for Excluded Claim Proceeds, and after deducting:
Claim Proceeds means the sum of money, or the value of any goods or services, which is attributable to the resolution, settlement, judgment and/or enforcement of the Claims and any interest (including interest earned on trust money), and any monies recovered by virtue of a Costs Order or any agreement in respect of costs in relation to the Claims. The Claim Proceeds refers to the gross value of these sums and is not net of any costs or expenses of conducting the Claims;
Claim Proceeds means the proceeds of a claim or the settlement thereof (including Liquidated Damages and, if not in cash, the monetary value thereof) (a “Recovery Claim”) against any Macau SAR Governmental Authority under a Material Document receivable by any Relevant Obligor and after deducting:
Claim Proceeds has the meaning given to such term in Section 1(b) hereof.