Excess Loss Proceeds has the meaning specified therefor in Section 2.18(d).

Excess Loss Proceeds shall have the meaning set forth in Section 4.28.

Excess Loss Proceeds means, with respect to any Event of Loss or Event of Eminent Domain, monies in an amount equal to the excess, if any, of all of the Loss Proceeds with respect to such Event of Loss or Event of Eminent Domain (as the case may be) over the total cost of the rebuilding, repair, restoration or replacement of the Energy Complex or any part thereof that has been affected by such Event of Loss or Event of Eminent Domain (as the case may be).

Examples of Excess Loss Proceeds in a sentence

Upon completion of each Event of Loss Offer, the amount of Excess Loss Proceeds will be reset at zero.
Upon completion of any such Event of Loss Offer, the amount of Excess Loss Proceeds shall be reset at zero.
Upon completion of each Event of Loss Offer, the amount of Excess Loss Proceeds shall be reset at zero.
If the aggregate principal amount of Notes surrendered by Holders exceeds the Excess Loss Proceeds to be used to purchase Notes, the Trustee shall select the Notes to be purchased on a pro rata basis.
If any Excess Loss Proceeds remain after consummation of an Event of Loss Offer, the Issuers may use such Excess Loss Proceeds for any purpose not otherwise prohibited by this Indenture and the Collateral Documents.

More Definitions of Excess Loss Proceeds

Excess Loss Proceeds has the meaning specified in Section 7.02(c).

Excess Loss Proceeds means Total Loss Event Proceeds that are not applied or invested as provided in Section 4.21(a), provided that in the case of a Material Total Loss Event, and no more than one such Material Total Loss Event, such Excess Loss Proceeds may be reduced, at the Issuer’s option, by an amount not exceeding 50% of the charter-adjusted Fair Market Value less the charter-free Fair Market Value (to the extent positive) of the applicable Lost Mortgaged Vessel.

Excess Loss Proceeds means any Loss Proceeds transferred from the Proceeds Account to the Project Account in accordance with the terms of the Accounts Agreement.

Excess Loss Proceeds shall have the meaning set forth in Section 4.22.

Excess Loss Proceeds is defined in subsection 2.4B(iii)(b).

Excess Loss Proceeds has the meaning specified in Section 1020 of this Indenture.

Excess Loss Proceeds means any Net Loss Proceeds that are not reinvested (or committed for reinvestment by the Borrower) within the time periods permitted pursuant to Section 2.11(b) and 5.06.