Exchange Proceeds definition

Exchange Proceeds means as of any given time the sum of (i) the money or other property from the sale of any Group II Exchanged Vehicle that is held in an Escrow Account as of such time; (ii) any interest or other amounts earned on the money or other property from the sale of any Group II Exchanged Vehicles that is held in an Escrow Account as of such time; (iii) any amounts receivable from Eligible Manufacturers and Eligible Vehicle Disposition Programs or from auctions, dealers or other Persons on account of Group II Exchanged Vehicles; (iv) the money or other property from the sale of any Group II Exchanged Vehicle held in the Master Collateral Account for the benefit of the Qualified Intermediary as of such time; and (v) any interest or other amounts earned on the money or other property from the sale of any Group II Exchanged Vehicle held in the Master Collateral Account for the benefit of the Qualified Intermediary as of such time.
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Exchange Proceeds means as of any given time the sum of (i) the money or other property from the sale of any Group VII Exchanged Vehicle that is held in an Escrow Account as of such time; (ii) any interest or other amounts earned on the money or other property from the sale of any Group VII Exchanged Vehicle that is held in an Escrow Account as of such time; (iii) any amounts receivable from Eligible Manufacturers and Eligible Vehicle Disposition Programs or from auctions, dealers or other Persons on account of Group VII Exchanged Vehicles; (iv) the money or other property from the sale of any Group VII Exchanged Vehicle held in the Master Collateral Account for the benefit of the Intermediary as of such time; and (v) any interest or other amounts earned on the money or other property from the sale of any Group VII Exchanged Vehicle held in the Master Collateral Account for the benefit of the Intermediary as of such time.
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Exchange Proceeds means the sum of (i) the money or other property from the sale of any Exchanged Vehicle that is held in the Escrow Account, (ii) any interest or other amounts earned on the money or other property from the sale of any Exchanged Vehicle that is held in the Escrow Account, (iii) any receivable from the sale of an Exchanged Vehicle, (iv) the money or other property from the sale of any Exchanged Vehicle that is held in the Master Collateral Account for the benefit of the Qualified Intermediary and (v) any interest or other amounts earned on the money or other property from the sale of any Exchanged Vehicle held in the Master Collateral Account for the benefit of the Qualified Intermediary.
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Examples of Exchange Proceeds in a sentence

  • RCFC represents that its performance of the covenants set forth in the first sentence of this Section 3(b) is consistent with RCFC’s rights to the Exchange Proceeds under the Exchange Agreement.

  • DTG Operations represents that its performance of the covenants set forth in the first sentence of this Section 3(c) is consistent with DTG Operations’ rights to the Exchange Proceeds under the Exchange Agreement.

  • Thrifty represents that its performance of the covenants set forth in the first sentence of this Section 3(d) is consistent with Thrifty's rights to the Exchange Proceeds under the Exchange Agreement.

  • RCFC represents that its performance of the covenants set forth in the first sentence of this Section 3(b) is consistent with RCFC's rights to the Exchange Proceeds under the Exchange Agreement.

  • The Sellers shall ensure that any Exchange Proceeds received by any Entity shall either be used to purchase replacement assets or shall be retained by the applicable Entity.


More Definitions of Exchange Proceeds

Exchange Proceeds has the meaning set forth in Section 7.9.
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Exchange Proceeds means, with respect to a Group, as of any given time the sum of (i) the money or other property from the sale of any Exchanged Vehicle from such Group that is held in the Escrow Account for such Group as of such time; (ii) any interest or other amounts earned on the money or other property from the sale of any Exchanged Vehicles from such Group that is held in the Escrow Account for such Group as of such time; (iii) any amounts receivable from Eligible Manufacturers and Eligible Vehicle Disposition Programs or from auctions, dealers or other Persons on account of Exchanged Vehicles from such Group; (iv) the money or other property from the sale of any Exchanged Vehicle from such Group held in the Master Collateral Account for the benefit of the Qualified Intermediary as of such time; and (v) any interest or other amounts earned on the money or other property from the sale of any Exchanged Vehicle from such Group held in the Master Collateral Account for the benefit of the Qualified Intermediary as of such time.
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Exchange Proceeds means (i) any insurance proceeds payable on account of the loss of or casualty to any Business Asset or Incidental Asset, (ii) any proceeds from the taking of any Business Asset or Incidental Asset pursuant to the power of eminent domain, (iii) any proceeds from the sale of Business Assets or Incidental Assets outside of the Ordinary Course of Business or (iv) proceeds from the sale of excess or obsolete assets which generate book gains in excess of $500,000 in the aggregate; provided that the Xxxx Indemnity Proceeds shall not be considered Exchange Proceeds.
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Exchange Proceeds means as of any given time the sum of (i) the money or other property from the sale of any Group VI Exchanged Vehicle that is held in an Escrow Account as of such time; (ii) any interest or other amounts earned on the money or other property from the sale of any Group VI Exchanged Vehicle that is held in an Escrow Account as of such time; (iii) any amounts receivable from dealers or other Persons on account of Group VI Exchanged Vehicles; (iv) the money or other property from the sale of any Group VI Exchanged Vehicle held in the Master Collateral Account for the benefit of the Qualified Intermediary as of such time; and (v) any interest or other amounts earned on the money or other property from the sale of any Group VI Exchanged Vehicle held in the Master Collateral Account for the benefit of the Qualified Intermediary as of such time.
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Exchange Proceeds has the meaning ascribed thereto in SECTION 5.9.
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Exchange Proceeds has the meaning specified in Section 1402.
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Exchange Proceeds means as of any given time the sum of (i) the money or other property from the sale of any Group VII Exchanged Vehicle that is held in an Escrow Account as of such time; (ii) any interest or other amounts earned on the money or other property from the sale of any Group VII Exchanged Vehicle that is held in an Escrow Account as of such time; (iii) any amounts receivable from Eligible Manufacturers and Eligible Vehicle Disposition Programs or from auctions, dealers or other Persons on account of Group VII Exchanged Vehicles;
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