Disposition Expenses definition

Disposition Expenses means reasonable out-of-pocket expenses incurred by the Servicer in connection with the sale at auction or other disposition of a Leased Vehicle by the Servicer.

Disposition Expenses means expenses and other amounts reasonably incurred by the Servicer in connection with the sale or other disposition of a Matured Vehicle or a Defaulted Vehicle, including but not limited to sales commissions, and expenses incurred in connection with making claims under any Contingent and Excess Liability Insurance or other applicable insurance policies. Disposition Expenses will be reimbursable to the Servicer from amounts otherwise included in Sales Proceeds, Insurance Proceeds, and Termination Proceeds.

Disposition Expenses means expenses and other amounts reasonably incurred by the Servicer in connection with the sale or other disposition of a Matured Vehicle or a Defaulted Vehicle, including but not limited to sales commissions, and expenses incurred in connection with making claims under any Contingent and Excess Liability Insurance or other applicable insurance policies. Disposition Expenses will be reimbursable to the Servicer from amounts otherwise included in Sales Proceeds, Insurance Proceeds and Termination Proceeds.

Examples of Disposition Expenses in a sentence

• Except as otherwise provided in the related Servicing Supplement, the Servicer shall be reimbursed for Disposition Expenses and Liquidation Expenses as provided in Section 2.10.

• The Servicer may advance Disposition Expenses, Insurance Expenses, Liquidation Expenses and Administrative Charges to the extent required to service the related Trust Assets.

• The Servicer shall be entitled to be reimbursed for Disposition Expenses, Insurance Expenses and Liquidation Expenses to which it is entitled by depositing only Net Liquidation Proceeds to the related Collection Account or by appropriately segregating and designating such funds on its records, pending application thereof.

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

• Within six months of receiving such reimbursement, if the related 20[•]-[•] Vehicle has not been sold, the Servicer shall, if permitted by applicable law, cause such 20[•]-[•] Vehicle to be sold at auction and shall remit the proceeds (less Disposition Expenses and Liquidation Expenses) associated with such auction sale to the 20[•]-[•] Series Collection Account.

More Definitions of Disposition Expenses

Disposition Expenses means any and all expenses incurred by the Company, the Adviser, the Sub-Adviser or any of their Affiliates in connection with disposing of the Company’s Investments, including, without limitation, legal fees and expenses, travel and communications expenses, costs of appraisals, accounting fees and expenses and the costs of performing due diligence. Distributions means any distributions of money or other property by the Company to Stockholders, including distributions that may constitute a return of capital for federal income tax purposes.

Disposition Expenses means expenses paid by or on behalf of the Corporation Group in connection with the disposition of Properties by the Corporation Group, including without limitation legal fees and expenses, travel and communications expenses, costs of appraisals, nonrefundable option payments, accounting fees and expenses, title insurance and miscellaneous expenses related to disposition of Properties, in each case whether or not consummated.

Disposition Expenses means any and all reasonable, documented costs, fees and expenses incurred by Manager or any of its Affiliates in connection with any Asset Disposition, whether or not sold or otherwise disposed of, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, engineering fees and expenses, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

Disposition Expenses means any and all expenses, exclusive of Disposition Fees, incurred by AECP LP, the Owner, the Manager or any of their Affiliates in connection with the sale or other disposition, or proposed sale or other disposition, of all or any portion of the Assets (other than the sale of oil, gas or other hydrocarbons produced from the Assets) , whether or not sold or otherwise disposed of, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, engineering fees and expenses, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

Disposition Expenses means customary and reasonable actual out of pocket expenses incurred and paid by the Servicer to unaffiliated third parties in disposing of a repossessed Financed Vehicle (not including overhead) and may include impound fees, storage fees, transport fees, cleaning expenses, auction fees, applicable legal fees and other related costs.

Disposition Expenses shall have the meaning set forth in the related Administration Agreement.

Disposition Expenses means expenses and other amounts reasonably incurred by the Administrative Agent in connection with the sale or other disposition of an Expired Vehicle, a [___]-[_] Vehicle related to a Casualty Termination Lease or a Defaulted Vehicle, including discounts, Vehicle presale conditioning and refurbishment costs, finance incentives, freight, taxes, fuel, storage, sales commissions and expenses incurred in connection with making claims under any Insurance Policy.