Sale Proceeds definition

Sale Proceeds. All proceeds (excluding accrued interest, if any) received with respect to Assets as a result of sales of such Assets in accordance with the restrictions described in Article XII less any reasonable expenses incurred by the Collateral Manager, the Collateral Administrator or the Trustee (other than amounts payable as Administrative Expenses) in connection with such sales. Sale Proceeds will include Principal Financed Accrued Interest received in respect of such sale.

Sale Proceeds means the net proceeds from the sale and/or realisation of the Charged Assets (excluding any Charged Assets which comprise cash) by the Realisation Agent in accordance with the Conditions (after deduction therefrom by the Realisation Agent of its usual fees and any costs and expenses incurred in connection with the sale of such Charged Assets). 7. Additional Provisions:

Sale Proceeds. With respect to any Loan, all proceeds received as a result of the sale of such Loan, net of all out-of-pocket expenses of the Borrower, the Collateral Manager and the Collateral Custodian incurred in connection with any such sale.

Examples of Sale Proceeds in a sentence

• The Metal Agent hereby waives any right it has or may hereafter have to setoff, combine or consolidate any of the Issuer’s accounts and agrees that it may not set-off, transfer or combine or withhold payment of any Net Sale Proceeds in or towards satisfaction of any liabilities owed to the Metal Agent.

• No other Party may assign, transfer or encumber, or purport to assign, transfer or encumber, their right, title or interest in relation to the Gold Sale Amount, the Net Sale Proceeds or any right or obligation under this Agreement, unless all the Parties otherwise agree in writing.

• Notwithstanding the foregoing, Breeder Finance may, in its sole discretion allow the Producer to sell some of the Livestock or Offspring on behalf of Breeder Finance, and to pay a portion of the Sale Proceeds from the Offspring or the Livestock which have been sold to the Producer, if Breeder Finance is satisfied that the value of the remaining Livestock and Offspring is more than adequate to pay the Producer’s Obligations.

• Amounts payable under this Clause 8 shall not be debited from the Actual Sale Proceeds, but shall be payable by the Issuer and the Metal Agent shall have no recourse against Gold Sale Amount in respect of any such amounts.

• The Second Party authorizes the First Party to collect the Sale Proceeds and deposit it in the investment account with the First Party that is for deposit of the limit of the card issued to the Second Party.

More Definitions of Sale Proceeds

Sale Proceeds means an amount determined by the Calculation Agent being the proceeds of sale or other means of realisation of the Charged Assets less any costs, expenses, taxes and duties incurred in connection with the disposal or transfer of the Charged Assets by the Charged Assets Realisation Agent;

Sale Proceeds is defined in Section 9.1(b) of the Sale and Servicing Agreement.

Sale Proceeds means all proceeds (excluding accrued interest, if any) received with respect to Collateral as a result of sales of such Collateral less any reasonable expenses incurred by the Borrower, the Services Provider or the Collateral Agent (other than amounts payable as Administrative Expenses) in connection with such sales.

Sale Proceeds has the meaning specified in Section 9.1(b).

Sale Proceeds means the proceeds of the sale of the Delivery Parcel obtained by the Issuer (or its nominee) on behalf of the Investor under the Agency Sale Option, less any Costs and Taxes, including brokerage, applicable to the sale of the Delivery Parcel;

Sale Proceeds means the cash proceeds realized from the sale of Loans and their Related Security by the Guarantor;

Sale Proceeds means the net amount due to the seller, being the hammer price of the lot sold less commission at the stated rate, Value Added Tax chargeable and any other amounts due to us by the seller in whatever capacity and however arising;