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

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

Examples of Prepayment Proceeds in a sentence

• 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.

• 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.

• TMM shall and shall cause its Restricted Subsidiaries to, and each other Seller shall and shall cause its consolidated Subsidiaries to, within five (5) days after the receipt of any Multimodal Prepayment Proceeds, pay such amounts, without setoff, to the Trustee for payment by the Paying Agent of amounts owed to the Series 2001-A Certificateholders and the Series 2002-A Certificateholders as provided in the preceding sentences of this SECTION 4.3.

• 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.

• Any Multimodal Prepayment Proceeds or Port Shares Prepayment Proceeds paid by TMM directly to a Series 2001-A Certificateholder instead of to the Trustee shall be paid over by such Certificateholder to the Trustee for application pursuant to Section 4.3 of the Master Trust Agreement.

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 and including the Prepayment Amounts paid by the Transferor to reacquire Contracts under Section 3.02 of this Agreement or paid by the Servicer to acquire Contracts under Section 4.07 of this Agreement.

Prepayment Proceeds as defined in subsection 5.4(f).

Prepayment Proceeds means cash proceeds from any issuance of Equity Securities or Debt Securities of the Borrower, net of reasonable out-of-pocket transaction fees and expenses, including without limitation legal and accounting fees and expenses, other professional fees and expenses, recording tax expenses and commissions (including investment banking fees).

Prepayment Proceeds has the meaning specified in the Amendment Agreement.

Prepayment Proceeds means, with respect to a Prepayment Event, all of the proceeds of such Prepayment Event minus taxes, fees and expenses actually paid in connection with such Prepayment Event.