Prepayment Proceeds definition

Prepayment Proceeds means (a) in respect of Above-Threshold Prepayment Events, the Net Proceeds thereof, (b) in respect of Below-Threshold Prepayment Events, the Net Proceeds thereof in excess of $25,000,000 and (c) in respect of any Prepayment Event described in clause (c) of the definition thereof, the Net Proceeds of such Indebtedness.

Prepayment Proceeds means all Collections that constitute part of any prepayment.

Prepayment Proceeds means Insurance Proceeds, Liquidation Proceeds, Termination Proceeds and Net Sale Proceeds which are credited to the Prepayment Account;

Examples of Prepayment Proceeds in a sentence

• Under certain circumstances as set forth in the Indenture, the Company will be required to offer to purchase Securities with Excess Intercompany Note Prepayment Proceeds.

• If there shall be Credit Exposure under the General Revolving Commitments or Credit Exposure under the 364 Day Commitments, the then remaining Prepayment Proceeds shall be paid to whichever such General Revolving Commitments or 364 Day Commitments as shall then have Credit Exposure.

• The Company acknowledges and agrees that prepayments of principal of the Notes made by it pursuant to Sections 8.3, 8.8, 8.9 or 8.10 of the Note Purchase Agreement after October 31, 2016 and prior to the date hereof exceeded $35,000,000 in the aggregate, and that any amount offered to prepay principal of the Notes on or after the date hereof pursuant to Section 8.3, 8.8, 8.9 or 8.10 of the Note Purchase Agreement will constitute Excess Prepayment Proceeds.

• The original authorization provides toll credits as the state match for the FY 2006 Federal Section 5317 New Freedom Program grant for service operations, program administration, and mobility management.

• Any Hedging Prepayment Proceeds arising as a result of any cancellation or prepayment under this Agreement shall, following payment into the applicable Operating Account in accordance with Clause 28.1 (Payment of Earnings), be applied on the last day of the Interest Period which ends on or after such payment in, in prepayment of the Loan and shall reduce in chronological order the amount of each Repayment Instalment falling after that prepayment by the amount prepaid.

More Definitions of Prepayment Proceeds

Prepayment Proceeds means (a) all net cash proceeds (including, if applicable, cash proceeds received over time as and when the same are received) from an Asset Sale to the extent such proceeds, plus the net cash proceeds from all other Asset Sales received during the 12 months before such receipt of proceeds from such Asset Sale, exceeds $5,000,000 and (b) 75% of all net cash proceeds (including, if applicable, cash proceeds received over time as and when the same are received) from Eligible Junior Interest Sales.

Prepayment Proceeds means the proceeds of any Mandatory Prepayment Event minus taxes, fees and expenses actually paid in connection with such Mandatory Prepayment Event; provided, however, that, with respect to a Mandatory Prepayment Event relating to the issuance of equity securities by any Company, Prepayment Proceeds shall be limited to an amount equal to eight percent (80%) of such Prepayment Proceeds.

Prepayment Proceeds means all payments received in prepayment of a Contract.

Prepayment Proceeds as defined in subsection 5.4(f).

Prepayment Proceeds shall have the meaning given such term in Section 2.10(c).

Prepayment Proceeds means, with respect to the Litigation Proceeds Receipt, any Asset Sale or Eligible Junior Interest Sale, either (a) 75% of the Net Cash Proceeds realized from the resolution of Watkins Litigation, (b) 80% of all Net Cash Proceeds (including, if applicable, cash proceeds received over time as and when the same are received) from such Asset Sale or (c) 75% of all net cash proceeds (including, if applicable, cash proceeds received over time as and when the same are received) from such Eligible Junior Interest Sale, as the case may be, plus (b) the aggregate of all Revolving Loan

Prepayment Proceeds. The sum of (i) funds received by the Agent pursuant to Sections 14.4(a)(viii), 14.4(b)(viii) and 14.5(e) and (ii) Net Lease Payments.