Noncash proceeds definition

Noncash proceeds means proceeds other than cash proceeds.

Noncash proceeds means proceeds other than cash pro- ceeds.

Noncash proceeds means proceeds other

Examples of Noncash proceeds in a sentence

• Noncash proceeds will only be applied to the Obligations as they are converted into cash.

• The cash proceeds realized from the sale of any Collateral shall be applied to the Obligations in the order set forth in Section 11.5. Noncash proceeds will only be applied to the Obligations as they are converted into cash.

• Non-cash proceeds will only be applied to the Obligations as they are converted into cash.

• Noncash proceeds received by the Agent shall be held by it, unless and until instructions are received from the Required Lenders to distribute those proceeds.

• The cash proceeds realized from the sale of any Collateral shall be applied to the Obligations in the order set forth in Section 11.6. Noncash proceeds will only be applied to the Obligations as they are converted into cash.

More Definitions of Noncash proceeds

Noncash proceeds means proceeds other than cash proceeds. (59)(a) "Obligor" means a person who, with respect to an obligation

Noncash proceeds has the meaning given to such term in the UCC.

Noncash proceeds shall have the meaning set forth in Article 9 of the New York UCC.

Noncash proceeds shall have the meaning set forth in the UCC.

Noncash proceeds means proceeds other than cash proceeds. 41 (59) "Obligor" means a person that, with respect to an obligation 42 secured by a security interest in or an agricultural lien on 43 the collateral, (i) owes payment or other performance of the 44 obligation, (ii) has provided property other than the colla- 45 teral to secure payment or other performance of the obli- 46 gation, or (iii) is otherwise accountable in whole or in 47 part for payment or other performance of the obligation. The 48 term does not include issuers or nominated persons under a 49 letter of credit. 50 (60) "Original debtor", except as used in Section 9--310(c), 51 means a person that, as debtor, entered into a security

Noncash proceeds means proceeds other than cash proceeds. “Obligor” means a person that, with respect to an obligation secured by

Noncash proceeds. Software”; shall each have the meaning set forth in the UCC.