Excluded Disposition Proceeds definition
Excluded Disposition Proceeds means (I) the Net Cash Proceeds of any Disposition permitted by Section 6.8(a), (d), (f), (g) (h), (i) or (j), (II) the Net Cash Proceeds of any Condemnation to the extent the application of such proceeds is addressed under a Mortgage and (III) the proceeds of casualty insurance which are addressed under Section 5.4(c).
Excluded Disposition Proceeds means (I) the Net Cash Proceeds of any Disposition permitted by Section 6.8(a), (d), (f), (g) (h), (i) or (j), (II) the Net Cash Proceeds of any Condemnation to the extent the
Excluded Disposition Proceeds means (I) the Net Cash Proceeds of any Disposition permitted by Section 6.8(a), (d), (f), (g) or (i), (II) the Net Cash Proceeds of any Condemnation to the extent the application of such proceeds is addressed under a Mortgage and (III) the proceeds of casualty insurance which are addressed under Section 5.4(c).
Examples of Excluded Disposition Proceeds in a sentence
HVIF shall only withdraw Excluded Disposition Proceeds from the Series 2020-1 Principal Collection Account in amounts required to acquire new HVIF Vehicles as directed by the HVIF Administrator.
More Definitions of Excluded Disposition Proceeds
Excluded Disposition Proceeds means any Net Available Proceeds from any Disposition permitted by Section 9.06(q) that is applied to the amount of any Revolving Credit Loans that was utilized to effect the Permitted Acquisition that was the source of the assets acquired and sold in such Disposition, so long as such Net Available Proceeds are applied to the Revolving Credit Loans within one Business Day of the receipt thereof (it being understood that the Revolving Credit Commitments need not be reduced in connection therewith).
Excluded Disposition Proceeds means, with respect to the sale of disposition of any HVIF Vehicle, Disposition Proceeds identified by the Issuer to the Trustee that are (I) Casualty Payment Amounts under the HVIF Lease or (II) Disposition Proceeds of HVIF Vehicles sold to unaffiliated third parties and, so long as the amount identified this under clause (II) does not exceed 10% of the Maximum Principal Amount measured cumulatively from the Series 2020-1 Closing Date to such date of identification.