Distribution Proceeds definition

Distribution Proceeds means the proceeds of a dividend, interest payment or other distribution in respect of the Charged Assets, provided that, for the avoidance of doubt, any amount realised from a liquidation of the Charged Assets to fund the payment of fees or expenses of the Issuer or pursuant to a redemption or purchase of the Notes shall not form part of the Distribution Proceeds;

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Distribution Proceeds means the proceeds of a dividend, interest payment or other distribution in respect of the Charged Assets or the proceeds from a winding up, redemption, buy-back or liquidation of less than all of the Shares provided that, for the avoidance of doubt any amount realised from liquidation of the Charged Assets pursuant to an optional redemption shall not form part of the Distribution Proceeds;

Distribution Proceeds means the proceeds of a dividend, interest payment or other distribution in respect of the Charged Assets;

Examples of Distribution Proceeds in a sentence

• The Company shall be entitled to deduct the REO Disposition Fee directly from the REO Disposition proceeds prior to distribution of the REO Distribution Proceeds to the REO Owner.

• The Servicer shall be entitled to deduct the REO Disposition Fee directly from the REO Disposition proceeds prior to distribution of the REO Distribution Proceeds to the Master Servicer.

• The Servicer shall be entitled to deduct the REO Disposition Fee directly from the REO Disposition proceeds prior to distribution of the REO Distribution Proceeds to the Trustee.

• Upon renunciation, the Trustees shall apply any proceeds of renunciation of the Shares in payment of as far as is possible of any unpaid balance outstanding of the price for Units held by the Unitholder and the balance (if any) shall be paid to the Unitholder as if it were Distribution Proceeds.

• The Borrower shall, immediately deposit the Net Distribution Proceeds of such distribution from the Senior Borrower into a Blocked Account.

More Definitions of Distribution Proceeds

Distribution Proceeds means an amount determined by the Calculation Agent being: (a) the proceeds of a dividend or other distribution in respect of the Charged Assets; less (b) any costs, expenses, taxes and duties incurred in connection with the receipt of such dividend or other revenue.

Distribution Proceeds means, (i) if substantive consolidation is granted, all Cash of the Debtors available on the Effective Date, after funding the Professional Fee Escrow Account, and thereafter all Cash of the Liquidating Trust from all sources, including the revenues and proceeds of all assets of the Debtors’ Estates or the Liquidating Trust, including, but not limited to, Causes of Action, as the case may be; or (ii) if substantive consolidation is not granted, for each Debtor, all cash of such Debtor available on the Effective Date, after funding such Debtor’s pro rata share of the Professional Fee Escrow Account, and thereafter all Cash of the Liquidating Trust from all sources attributable to such Debtor, including the revenues and proceeds of all assets of such Debtor’s Estate, including, but not limited to, Causes of Action, as the case may be.

Distribution Proceeds means the amount due to a Limited Partner in respect of a Distribution.

Distribution Proceeds means the net amount remaining after deduction of any relevant tax on the Shares corresponding to the Units that are payable to a Unitholder by way of income earnings on his or her holding of Units under the ESOS;

Distribution Proceeds means all Cash of the Debtor available on the Effective Date, after funding the Professional Fee Escrow Account and the Post-Confirmation Estate Reserve, and thereafter all Cash of the Post-Confirmation Estate from all sources, including the revenues and proceeds of all assets of the Debtor’s Estate or the Post-Confirmation Estate, including, but not limited to, Causes of Action, as the case may be.

Distribution Proceeds means all Cash of the Debtors available on the Effective Date after the funding of the Priority Claims Reserve, the Other Secured Claims Reserve, the Professional Fee Escrow Account, and the Wind-Down Reserve, available for distribution under Article VIII.G hereof.

Distribution Proceeds means an amount determined by the Calculation Agent being: (a) the proceeds of a dividend, distribution, interest payment or other amount in respect of the Charged Assets; less (b) any costs, expenses, taxes and duties incurred in connection with the receipt of such revenue.