Remarketing Proceeds definition

Remarketing Proceeds means proceeds from the sale of the Bonds by the Remarketing Agent other than to the Board.

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Remarketing Proceeds with respect to an item of Equipment - the Proceeds minus the Remarketing Expenses.

Remarketing Proceeds means proceeds from the resale of Pledged Bonds by the Remarketing Agent, which Pledged Bonds shall have been tendered or deemed tendered to the 1993 Trustee for repurchase pursuant to the terms of the 1993 Trust Indenture.

Examples of Remarketing Proceeds in a sentence

Amounts held in the Standby Purchase Account and the Remarketing Proceeds Account by the Paying Agent shall be held uninvested and separate and apart from all other funds and accounts.
To the extent that moneys on deposit in the Remarketing Proceeds Purchase Account or the Letter of Credit Purchase Account established under the Indenture are insufficient to pay the full purchase price of Bonds payable pursuant to Sections 4.01 and 4.02 of the Indenture on the applicable Purchase Date, the Borrower shall also pay to the Trustee as Purchase Payments for deposit in the Borrower Purchase Account established under the Indenture amounts sufficient to cover the shortfalls.
By 11:45 a.m. (New York City time) on such purchase date, the Remarketing Agent shall pay to the Registrar and Paying Agent, for deposit in the Bond Purchase Fund and credit to the Remarketing Proceeds Account, an aggregate amount of such remarketing proceeds equal to the amount stated in such notice to be available on such purchase date for the payment of such Purchase Price.
All moneys received by the Bond Trustee as Remarketing Proceeds, from demands by the Bond Trustee under the Liquidity Facility or from payments made by the Corporation under Section 4.3 of the Loan Agreement, as the case may be, shall be deposited by the Bond Trustee in the appropriate account of the Bond Purchase Fund as herein provided and shall be used solely for the payment of the Purchase Price of tendered Bonds and shall not be commingled with other funds held by the Bond Trustee.
Upon receipt from the Remarketing Agent of the proceeds of a remarketing of Bonds on a purchase date, the Trustee shall directly deposit such proceeds, and shall deposit only such proceeds, in the Remarketing Proceeds Account for application to the Purchase Price of the Bonds.

More Definitions of Remarketing Proceeds

Remarketing Proceeds means, as to any Equipment remarketed pursuant to this Agreement, the sale price of any re-sold Equipment, or the discounted present value (discounted at the Discount Rate, as defined in Section C of EXHIBIT D hereto) of all lease payments on any re-leased Equipment, net of any applicable taxes.

Remarketing Proceeds means the proceeds of remarketing of Bonds by the Remarketing Agent in accordance with the provisions of Section 6.6.

Remarketing Proceeds has the meaning given in Section 11. --------------------

Remarketing Proceeds means proceeds of the remarketing of Bonds tendered or deemed tendered for purchase under Section 2.7.

Remarketing Proceeds means proceeds of the remarketing of Bonds tendered or deemed tendered for purchase pursuant to Section 3.01 other than to the Issuer or the Company or any guarantor of the Company.

Remarketing Proceeds shall have the meaning set forth in Section 3.08(c).

Remarketing Proceeds means proceeds from the resale by the Remarketing Agent of Bonds delivered for purchase pursuant to Section 301 or 302 hereof that have not been commingled with other funds which do not constitute Remarketing Proceeds, and proceeds from the investment thereof, provided that Remarketing Proceeds cannot include any moneys provided by the Borrower, the Issuer, any guarantor of the Bonds (excluding the issuer of the Credit Facility, but only with respect to moneys provided pursuant to the Credit Facility), any Affiliated Party of the foregoing, or any Person which is an “insider” of the Borrower or any such guarantor within the meaning of Title 11 of the United States Code, as amended.