Principal Proceeds Account definition

Principal Proceeds Account shall have the meaning specified in the Collateral Administration Agreement.

Principal Proceeds Account means the account of that name in the name of the Issuer with the Account Bank or any further or other account so named or redesignated account into which the Issuer will procure amounts are deposited in accordance with Condition 3(i)(i) (Principal Proceeds Account).

Principal Proceeds Account means the account in the name of the Issuer, the details of which are set forth in the Agency and Account Bank Agreement, held with the Account Bank through which the Issuer will finance its periodic purchases of VFZ Accounts Receivable available through the SCF Platform, Excess Cash Loans to the New VFZ Facilities Borrower pursuant to the New VFZ Facilities Agreement and the ultimate repayment of principal on the Notes. See “General Description of VodafoneZiggo’s Business, the Issuer and the Offering—Overview of the Structure of the Offering of the Notes”.

Examples of Principal Proceeds Account in a sentence

For the avoidance of doubt, no Restricted Payments may be made except from the Interest Proceeds Account or the Principal Proceeds Account.
As of any date of determination, the Manager may cause any amounts on deposit in the Unfunded Exposure Account that exceed (i) prior to the end of the Availability Period, the Aggregate Unfunded Equity Amount and (ii) after the end of the Availability Period, the Aggregate Unfunded Amount, in each case, to be deposited into the Principal Proceeds Account.
For the avoidance of doubt, no Restricted Payments may be made except from the Interest Proceeds Account or, prior to the end of the Availability Period, the Principal Proceeds Account.
Following the Reinvestment Period, the Investment Manager (acting on behalf of the Issuer) shall deposit such Sale Proceeds in the Principal Proceeds Account to be disbursed in accordance with the Priorities of Payment on the first Payment Date following such sale.
We propose using basic time series linear modeling to forecast these “counterfactual” rates for three years following the Demonstration implementation.12 The more historical data available, the better these predictions will be.

Principal Proceeds Account as defined in the Custodian Agreement. “Priority of Payments”: as defined in Section 2.8.

Principal Proceeds Account means the interest bearing account described as such in the name of the Issuer with the Account Bank into which the Issuer will procure amounts are deposited in accordance with Condition 3(i)(i) (Principal Proceeds Account).

Principal Proceeds Account means the account established and designated as such under the Collateral Administration Agreement.

Principal Proceeds Account means the account of the Borrowers established by the Account Bank and designated as such pursuant to the DACA.

Principal Proceeds Account means the account so named of the Issuer, which is credited with Principal Proceeds other than those credited to the Reinvestment Account.

Principal Proceeds Account as defined in the Custodian Agreement, and any successor or replacement for such account.

Principal Proceeds Account means an interest bearing account described as such in the name of the Issuer held with the Account Bank or any further or other account described as such or redesignated account into which the Issuer will procure amounts are deposited in accordance with Condition 3(i)(i) (Principal Proceeds Account).