Borrower Proceeds definition

Borrower Proceeds means any proceeds received by the Borrower from the sale of its owned Inventory (including any such amount represented by Payment Processing Accounts Receivable (which shall include solely for purposes of this definition any Account or Payment Intangible, or any income, payments and proceeds thereof, owed by PayPal Holdings, Inc., any of its Subsidiaries) and cash and check proceeds).
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Borrower Proceeds means the aggregate of all amounts collected from Borrower or realized from the sale or other disposition of assets of Borrower (whether applied to the Guaranteed Obligations or other obligations).
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Borrower Proceeds means the aggregate of the Foreclosure Proceeds (as hereinafter defined) plus all amounts collected from the Borrower or realized from the sale of assets of the Borrower other than the Property.
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Examples of Borrower Proceeds in a sentence

  • The sum of amounts received by the Manager (i) from the manufacturers or sellers of Containers for breach of sale warranties relating thereto, and (ii) in payment or settlement of any claims, losses, disputes or Proceedings relating to the Containers, including insurance proceeds from the insurance specified in the Management Agreement for damage to the Containers; provided, however, Miscellaneous Borrower Proceeds shall not include Net Cash Sales Proceeds, Casualty Proceeds or Indemnification Proceeds.

  • An amount shall not be regarded as being due and payable for purposes of this clause in the event that there is not sufficient proceeds credited to the Borrower Proceeds Account in order for the Borrower to pay such amount to the Lender on that date in accordance with the terms of the Global Intercreditor Agreement (having regard to all prior payments which the Borrower is required to make in accordance with the Global Intercreditor Agreement).

  • An account established and maintained pursuant to the Intercreditor Agreement into which the Manager will direct (i) all payments from Lessees, (ii) all Sale Proceeds, (iii) all Casualty Proceeds and (iv) all other proceeds and Gross Revenues related to the Containers including Miscellaneous Borrower Proceeds and Indemnification Proceeds.

  • For any accounting period, all proceeds received by the Manager from Lessees pursuant to the Leases, insurance or other sources, including amounts received from the insurance specified in the Management Agreement, for indemnification of liability and loss with respect to the Containers, excluding Casualty Proceeds, Net Cash Sales Proceeds and Miscellaneous Borrower Proceeds, in each case allocable to the Containers (as set forth in the Intercreditor Agreement).

  • An account established and maintained pursuant to the Intercreditor Agreement into which, from and after the end of the Servicing Transition Period, the Manager will direct (i) all payments from Lessees, (ii) all Sale Proceeds, (iii) all Casualty Proceeds and (iv) all other proceeds and Gross Revenues related to the Containers including Miscellaneous Borrower Proceeds and Indemnification Proceeds.

  • We request that the Advance be paid into the Borrower Proceeds Account.

  • An account into which the Manager will direct lessees and other obligors to deposit, at all times during the Servicing Transition Period, (i) all payments from Lessees other than the Payment Exception Lessees, (ii) all Sales Proceeds, (iii) all Casualty Proceeds and (iv) all other Proceeds and Gross Revenues related to the Containers including Miscellaneous Borrower Proceeds and Indemnification Proceeds.

  • We request that the Advance be paid into the [Borrower Proceeds Account / Holdco Business Account / Opco Business Account].

  • The Lender shall be entitled to at any time notify the Borrower that it shall only be entitled to elect the Borrower Proceeds Account for purposes of receiving payment of certain specified or all future Advances, which notice shall take effect in accordance with its terms.


More Definitions of Borrower Proceeds

Borrower Proceeds means the aggregate of all amounts collected from Borrower or realized from the sale or other disposition of assets of Borrower (whether applied to the Guaranteed Obligations hereunder or other obligations) after reduction of the Guaranteed Obligations under that certain Guaranty Agreement in favor of Guaranteed Party from the Guarantors listed on Schedule 2 attached hereto (the “$50,000,000 Note Guarantors”).
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Borrower Proceeds means any proceeds received by the Borrower from the sale of its owned Inventory (including any such amount represented by Payment Processing Accounts Receivable
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