Default Proceeds definition

Default Proceeds has the meaning set forth in Section 7.06.
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Default Proceeds has the meaning set forth in Section 10.5.
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Examples of Default Proceeds in a sentence

  • Any Event of Default Proceeds remaining after all the deposits and other payments described above have been paid in full shall be paid to the Certificateholder (or if the Certificate Distribution Account has been established pursuant to Section 5.1 of the Trust Agreement, then to such Certificate Distribution Account for distribution to the Certificateholders on a pro rata basis).

  • Any Event of Default Proceeds remaining after all the deposits and other payments described above have been paid in full shall be paid to the Certificateholder.

  • Any Event of Default Proceeds remaining after the deposits described above shall be deposited into the Certificate Distribution Account for distribution to the Certificateholders.

  • Any AART Event of Default Proceeds remaining after all the deposits and other payments described above have been made in full, shall be paid to the Certificateholders (or if the Certificate Distribution Account has been established pursuant to Section 5.1 of the Trust Agreement, then to such Certificate Distribution Account for distribution to the Certificateholders on a pro rata basis).

  • Any Event of Default Proceeds remaining after all the deposits and other payments described above have been paid in full shall be paid to the Seller.

  • Any CARAT Event of Default Proceeds remaining after all the deposits and other payments described above have been made in full, shall be paid to the CARAT 2010-SN1 Certificateholders.

  • Any Event of Default Proceeds remaining after the deposits described above shall be paid to the Seller.

  • At all times prior to an Event or an Event of Default, Proceeds of Property and other payments that the Agent receives shall be applied pursuant to Section 4.1 of this Agreement, with any excess to be applied pursuant to the written instructions of Borrower (and in all other instances, such excess is to be applied at the discretion of Agent).

  • In the event a later default or event of default is declared by any Lender (the date of which declaration shall then be the “Default Date”), all Default Proceeds shall be allocated and delivered according to subsection 10.5.1 above.

  • Any Event of Default Proceeds remaining after all the deposits and other payments described above have been made in full shall be paid to the Seller.

Related to Default Proceeds

  • Loss Proceeds means insurance proceeds, condemnation awards or other compensation, awards, damages and other payments or relief (exclusive, in each case, of the proceeds of liability insurance and business interruption insurance and other payments for interruption of operations) with respect to any Event of Loss.

  • default fund means a default fund held by a CCP in accordance with Article 42 of Regulation (EU) No 648/2012;

  • default value means a value derived from a typical value by the application of pre-determined factors and that may, in circumstances specified in this Directive, be used in place of an actual value;’;

  • Default Costs means reasonable attorney's fees and remarketing costs resulting from a Lessee default or Lessor's enforcement of its remedies. DELIVERY DATE - means date of delivery of Inventory Equipment to Lessee's address.

  • Subject Proceeds has the meaning assigned to such term in Section 2.11(b)(ii).