/MONEYS RECEIVED definition

/MONEYS RECEIVED. If, at any time (i) Tenant shall be comprised of two (2) or more persons, or (ii) Tenant's obligations under this Lease shall have been guaranteed by any person other than Tenant, or (iii) Tenant's interest in this Lease shall have been assigned, the word "Tenant", as used in Subsections (c) and (d) of Section 16.01, shall be deemed to mean any one or more of the persons primarily or secondarily liable for Tenant's obligations under this Lease. Any monies received by Owner from or on behalf of Tenant during the pendency of any proceeding of the types referred to in said Subsections (c) and (d) shall be deemed paid as compensation for the use and occupation of the Demised Premises and the acceptance of any such compensation by Owner shall not be deemed an acceptance of rent or a waiver on the part of Owner of any rights under Section 16.01.
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Examples of /MONEYS RECEIVED in a sentence

  • CONTRACTOR SHALL PAY EACH SUBCONTRACTOR A JUST SHARE OF ANY INSURANCE MONEYS RECEIVED BY CONTRACTOR.

  • APPLICATION OF MONEYS RECEIVED The Borrowers shall procure that moneys payable by the purchasers of Transferred Ships on account of the deferred consideration for the purchase of the relevant Ships shall be paid to accounts in the name of the Security Agent established with itself.

  • ANY MONEYS RECEIVED BY THE CREDITOR PURSUANT TO THIS SECTION, INCLUDING MONEYS DERIVED FROM INSTRUMENTS AND ANY OTHER PROPERTY, MAY BE APPLIED AGAINST ANY OBLIGATIONS OR HELD BY THE CREDITOR AS CONTINUING SECURITY FOR THE LIABILITY OF THE GUARANTOR OR RELEASED TO THE GUARANTOR, ALL AS THE CREDITOR MAY SEE FIT AND WITHOUT PREJUDICING OR IN ANY WAY DISCHARGING OR DIMINISHING THE LIABILITY OF THE GUARANTOR.

  • APPLICATION OF INSURANCE AND CERTAIN OTHER MONEYS RECEIVED BY THE INDENTURE TRUSTEES..............

  • APPLICATION OF INSURANCE AND CERTAIN OTHER MONEYS RECEIVED BY THE BENEFICIARY 37 Section 4.1 Insurance Proceeds and Condemnation Awards 37 Section 4.2 Title Insurance 38 Section 4.3 Investment of Insurance Proceeds and Condemnation Awards or Compensation 38 Section 4.4 Application If Event of Default Exists 39 SECTION 5.

  • ALL MONEYS RECEIVED BY TRUSTEE SHALL, UNTIL USED OR APPLIED AS HEREIN PROVIDED, BE HELD IN TRUST FOR THE PURPOSES FOR WHICH THEY WERE RECEIVED, BUT NEED NOT BE SEGREGATED IN ANY MANNER FROM ANY OTHER MONEYS (EXCEPT TO THE EXTENT REQUIRED BY LAW), AND TRUSTEE SHALL BE UNDER NO LIABILITY FOR INTEREST ON ANY MONEYS RECEIVED HEREUNDER.

  • WITHOUT PREJUDICE TO ITS RIGHTS UNDER THIS SHARE CHARGE OR AT LAW, THE SECURITY AGENT SHALL APPLY ALL MONIES REFERRED TO IN CLAUSE 15.1 (MONEYS RECEIVED) AS SOON AS REASONABLY PRACTICABLE IN ACCORDANCE WITH CLAUSE 12 (APPLICATION OF PROCEEDS).

  • APPLICATION OF MONEYS RECEIVED BY THE TRUSTEE........................

  • ANYTHING HEREIN TO THE CONTRARY NOTWITHSTANDING, ANY PAYMENT WITH RESPECT TO PRINCIPAL OF OR INTEREST ON THE CLASS [A] CERTIFICATES WHICH IS MADE WITH MONEYS RECEIVED PURSUANT TO THE TERMS OF THE CERTIFICATE INSURANCE POLICY SHALL NOT BE CONSIDERED PAYMENT OF THE CLASS [A] CERTIFICATES FROM THE TRUST ESTATE AND SHALL NOT RESULT IN THE PAYMENT OF OR THE PROVISION FOR THE PAYMENT OF THE PRINCIPAL OF OR INTEREST ON THE CLASS [A] CERTIFICATES WITHIN THE MEANING OF SECTION 4.04.

  • MONEYS RECEIVED BY THE GUARANTEE TRUSTEE TO BE HELD IN TRUST WITHOUT INTEREST.

Related to /MONEYS RECEIVED

  • Recoveries means, with respect to any Receivable that becomes a Liquidated Receivable, monies collected in respect thereof, from whatever source, during any Collection Period following the Collection Period in which such Receivable became a Liquidated Receivable, net of the sum of any amounts expended by the Servicer for the account of the Obligor and any amounts required by law to be remitted to the Obligor.

  • Money The meaning specified in Section 1-201(24) of the UCC.

  • Received means, with respect to any Incentive-based Compensation, actual or deemed receipt, and Incentive-based Compensation shall be deemed received in the Company’s fiscal period during which the Financial Reporting Measure specified in the Incentive-based Compensation award is attained, even if the payment or grant of the Incentive-based Compensation to the Executive Officer occurs after the end of that period.

  • Funds means financial assets and benefits of every kind, including, but not limited to:

  • Collections means, with respect to any Receivable, all cash collections and other cash proceeds in respect of such Receivable, including, without limitation, all yield, Finance Charges or other related amounts accruing in respect thereof and all cash proceeds of Related Security with respect to such Receivable.