Sales Proceeds definition

Sales Proceeds means, with respect to any Transaction Vehicle, an amount equal to the aggregate amount of proceeds received by the Servicer from the purchaser in connection with the sale or other disposition of such Transaction Vehicle, net of any and all out-of-pocket costs and expenses incurred by the Servicer in connection with such sale or other disposition, including without limitation, all repossession, auction, painting, repair and any and all other similar liquidation and refurbishment costs and expenses.
Sales Proceeds. The proceeds received upon a sale (approved by the Parties) of the Total Servicing Spread (except without giving effect to clause (b) of the definition thereof), in whole or in part, including through a sale in accordance with Section 8.12.
Sales Proceeds has the meaning set forth in the Servicing Supplement.

Examples of Sales Proceeds in a sentence

  • If the Servicer has not sold a 2025-2 Vehicle within 90 days after it has made a Sales Proceeds Advance, it shall be reimbursed for such Sales Proceeds Advance as part of the Payment Date Advance Reimbursement in accordance with Section 2.4(b)(i).

  • After the Servicer has made a Sales Proceeds Advance with respect to a 2025-2 Vehicle, the Issuer shall have no claim against or interest in such 2025-2 Vehicle or any Sales Proceeds or Termination Proceeds, as the case may be, resulting from the sale or other disposition thereof.

  • If the Servicer shall sell or otherwise dispose of a 2025-2 Vehicle after having made a Sales Proceeds Advance, the Issuer may retain all of such Sales Proceeds Advance, and the Servicer shall retain the related Sales Proceeds or Termination Proceeds, as the case may be, up to the Securitization Value of the related 2025-2 Lease, and will deposit any Sales Proceeds or Termination Proceeds, as the case may be, in excess of the related Securitization Value into the 2025-2 SUBI Collection Account.


More Definitions of Sales Proceeds

Sales Proceeds means the entire amount paid to a seller,
Sales Proceeds means the gross proceeds from any of Your Transactions, including (a) all shipping and handling, gift wrap and other charges; (b) taxes and customs duties to the extent specified in the applicable Tax Policies; and (c) in the case of invoiced orders, any amounts that customers fail to pay to us or our Affiliates on or before the applicable invoice due date.
Sales Proceeds means, with respect to any 2017-2 Vehicle, all proceeds received from the sale at auction of such 2017-2 Vehicle, net of related Disposition Expenses (or where applicable, an amount equal thereto deposited by the Servicer pursuant to the Servicing Agreement in connection with the reallocation of 2017-2 Vehicles under the Like-Kind Exchange Program).
Sales Proceeds means the gross sales proceeds paid by buyers via the applicable Amazon Site in the course of any of Your Transactions, including the Purchase Price, all shipping and handling, gift wrap and other charges, any taxes and customs duties.
Sales Proceeds means the gross proceeds from any of Your Transactions, including all shipping and handling, gift wrap and other charges, and including taxes and customs duties to the extent specified in the applicable Tax Policies.
Sales Proceeds means, with respect to any 2017-1 Vehicle, all proceeds received from the sale at auction of such 2017-1 Vehicle, net of related Disposition Expenses (or where applicable, an amount equal thereto deposited by the Servicer pursuant to the Servicing Agreement in connection with the reallocation of 2017-1 Vehicles under the Like-Kind Exchange Program).
Sales Proceeds means, with respect to any Class or Tranche of CHASEseries Notes, the proceeds of the sale of Collateral with respect to such Class or Tranche of CHASEseries Notes pursuant to Section 3.22.