Excess Proceeds Account. The separate account or accounts created and maintained pursuant to Section 3.25, which shall be entitled "Bankers Trust Company, in trust for registered holders of the DLJ Mortgage Acceptance Corp. Mortgage Pass-Through Certificates, Series 1996-Q2, Excess Proceeds Account," and which account or accounts shall be an Eligible Account.

Excess Proceeds Account means the account established and maintained ----------------------- pursuant to Section 8.07.

Excess Proceeds Account means a separate interest-bearing account established by the DIP Agent into which Net Asset Sale Proceeds of all asset sales of PSC and the Subsidiaries consummated on or after the Date of Filing are deposited and into which all proceeds at any time deposited into the Proceeds Account (without giving effect to any disbursements from the Proceeds Account prior to the Date of Filing) in excess of US$93,000,000 (after post-closing adjustments of no greater than US$4,000,000 deposited into the Proceeds Account with respect to the sale of certain assets of PSC's aluminium division prior to the Date of Filing) shall also be deposited, which funds shall be held by the DIP Agent to be distributed in accordance with this Plan and the U.S. Plan on the Effective Date;

Examples of Excess Proceeds Account in a sentence

No expenses incurred in connection with any instrument of satisfaction or deed of reconveyance shall be chargeable to the Custodial Account, the Excess Proceeds Account or the Certificate Account.
Instead, the Associations recommend that the Bureau focus on obtaining important consumer information related to arbitration, including information with more utility than it seeks to obtain from this survey, through more effective means rather than through a telephone survey.
The process begins by breaking large blocks into two- to three-centimeter cubes to facilitate air-drying of the matrix.
After such date no further amounts shall be deposited in or withdrawn from the Excess Proceeds Account.
All income and gain realized from any such investment as well as any interest earned on deposits in the Excess Proceeds Account shall be for the benefit of the Certificateholders and shall be held in the Excess Proceeds Account (or in Permitted Instruments in which the funds in the Excess Proceeds Account are invested) until transferred from the Excess Proceeds Account to the Certificate Account in accordance with Section 3.25(b) or (c).

More Definitions of Excess Proceeds Account

Excess Proceeds Account has the meaning ascribed thereto in Section 5.8.

Excess Proceeds Account. The separate account or accounts created and maintained pursuant to Section 3.24, which shall be entitled "The First National Bank of Chicago, in trust for registered holders of Mortgage Participation Securities, Series 1997- NAMC 1, Excess Proceeds Account," and which account or accounts shall be an Eligible Account.

Excess Proceeds Account means a separate interest-bearing account established by the DIP Agent into which Net Asset Sale Proceeds of all asset sales of PSC and the Subsidiaries consummated on or after the Petition Date are deposited and into which all proceeds at any time deposited into the Pre-Petition Proceeds Account (without giving effect to any disbursements from the Pre-Petition Proceeds Account prior to the Petition Date) in excess of $93,000,000 (after post-closing adjustments of no greater than $4,000,000 deposited into the Pre-Petition Proceeds Account with respect to the sale of certain assets of PSC's aluminum division prior to the Petition Date) shall also be deposited, which funds shall be held by the DIP Agent to be distributed in accordance with this Plan on the Effective Date.

Excess Proceeds Account means a separate trust account created and ----------------------- maintained pursuant to Section 8.07 in the name of the Trust in an Eligible Institution.

Excess Proceeds Account has the meaning assigned in Section 8.07(a).

Excess Proceeds Account means the account established and maintained ----------------------- pursuant to Section 6.01(d) of the Sale and Servicing Agreement.

Excess Proceeds Account means the account established and maintained ----------------------- pursuant to Section 8.08.