Payment Proceeds definition

Payment Proceeds. Returned Transactions + Payment Processing Fees + Third Party Licensing Payments + Other Fair Value Adjustments and any Gaming Affiliate Costs
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Payment Proceeds has the meaning set forth in Section 4.12 (b).
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Payment Proceeds means cash received in payment of sums due or owing pursuant to a Lot Sale Note, Membership Note or Commercial Tract Note other than Dedicated Note Proceeds.
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Examples of Payment Proceeds in a sentence

  • The Trustees shall give the Member written notice of the basis upon which his Transfer Payment Proceeds will be applied.

  • The Combined Fees Payment Proceeds will in the normal course be paid by the Issuer to the Issuer Adviser in consideration for its services as Issuer Adviser and also its agreement to pay to the Issuer or to its order the fees and expenses due to the other service providers in respect of the Programme (but not including any indemnities granted in favour of the other service providers).

  • On or shortly after each Combined Fees Calculation Date falling prior to the delivery of an Enforcement Notice by the Trustee, the Execution Agent shall arrange for the sale of an amount of the Underlying Cryptoassets equal to the relevant Combined Fees and, to settle such trade against payment of the purchase price to the Issuer Cash Account or as otherwise directed by the Issuer (the "Combined Fees Payment Proceeds").

  • Lender shall have the right to apply all or any portion of the balance of the Release Payment Proceeds Account to the outstanding Principal Amount at any time or from time to time, in its sole and absolute discretion.

  • A completed Form L that includes Proposer’s proposed milestone deadlines consistent with the Preliminary Project Baseline Schedule.

  • Plaintiffs also alleged that Defendant BP violated the New Mexico Royalty Payment Proceeds Act.After extensive discovery, briefing, and a full evidentiary hearing Judge James Hall certified this case as a class action under Rule 1-023(B)(2) NMRA but denied certification of a Rule 1-023(B)(3) class.

  • With respect to any amounts available at priority “sixth”, the “Principal Prepayment Percentage” shall equal (i) 40% of Available Payment Proceeds, until the aggregate amount of (x) IP Sale Proceeds and the (y) Applicable Prepayment Percentage of IP Settlement Proceeds equals $2,250,000,000 and (ii) thereafter, 50% of Available Payment Proceeds.

  • Pro Rata Payment, Method of Payment; Proceeds of Collateral.......................................................................................

  • Whether indeed this is pure myth or whether there is some logical truth in the TBL representation needs more stringent clarification, but as we shall see the dichotomy of development has an al- together more straightforward explanation.

  • No Production Payment Proceeds (whether paid by Working Interest Owner or any other Person) shall be deemed received by Production Payment Owner or applied to the Production Payment until such Production Payment Proceeds have been so received by Production Payment Owner's bank or collection agent in immediately available funds for the account of Production Payment Owner.


More Definitions of Payment Proceeds

Payment Proceeds means THE PRINCIPAL AND INTEREST PAYMENTS AS STATED ON A SECURED PROMISSORY NOTE AND UNSECURED PROMISSORY NOTE BY AND BETWEEN BORROWER AND CHFA, INC., PLEDGED TO BANK UNDER A PLEDGE AGREEMENT OF EVEN DATE HEREOF BY AND BETWEEN BORROWER AND BANK.
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Payment Proceeds. With respect to any Payment Date, all of the amounts received by the Trustee from the Issuer during the related Due Period in respect of the payment of any amounts due hereunder.
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Related to Payment Proceeds

  • Investment Proceeds means, with respect to any Determination Date, all interest and other investment earnings (net of losses and investment expenses) on funds on deposit in the Series 1996-1 Accounts, together with an amount equal to the Series 1996-1 Allocation Percentage of the interest and other investment earnings on funds held in the Collection Account credited as of such date to the Collection Account pursuant to Section 4.02 of the Agreement.

  • Discount Proceeds means, with respect to any B/A, an amount (rounded upward, if necessary, to the nearest Cdn.$.01) calculated by multiplying (a) the face amount of such B/A by (b) the quotient obtained by dividing (i) one by (ii) the sum of (A) one and (B) the product of (x) the Discount Rate (expressed as a decimal) applicable to such B/A and (y) a fraction of which the numerator is the Contract Period applicable to such B/A and the denominator is 365, with such quotient being rounded upward or downward to the fifth decimal place and .000005 being rounded upward.

  • Liquidation Proceeds Amounts, including Insurance Proceeds, received in connection with the partial or complete liquidation of defaulted Mortgage Loans, whether through trustee's sale, foreclosure sale or otherwise or amounts received in connection with any condemnation or partial release of a Mortgaged Property and any other proceeds received in connection with an REO Property, less the sum of related unreimbursed Servicing Fees and Advances.

  • Proceeds all “proceeds” as such term is defined in Section 9-102(a)(64) of the New York UCC and, in any event, shall include, without limitation, all dividends or other income from the Investment Property, collections thereon or distributions or payments with respect thereto.

  • Loss Proceeds means, collectively, all Insurance Proceeds and all Condemnation Proceeds.

  • Net Debt Proceeds means, with respect to any incurrence of Indebtedness for borrowed money, the cash proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith) received by the respective Person from the respective incurrence of such Indebtedness for borrowed money.

  • Insurance Proceeds With respect to each Mortgage Loan, proceeds of insurance policies insuring the Mortgage Loan or the related Mortgaged Property.

  • Termination Proceeds means any proceeds arising out of a sale of Receivables (or interests therein) pursuant to subsection 12.01(b) of the Agreement with respect to Series 2001-D.

  • Collateral Proceeds means the Liquidation Proceeds of the Relevant Collateral or any Undeliverable Assets forming part of the Relevant Collateral (as the case may be) denominated in the Settlement Currency.

  • Interest Proceeds means, with respect to any Collection Period or the related Determination Date, without duplication, the sum of:

  • Purchase Proceeds means any cash amounts received by the Master Servicer in connection with: (i) the repurchase of a Mortgage Loan or an REO Mortgage Loan by a Seller pursuant to Section 2.3 or (ii) the purchase of the Mortgage Loans and REO Properties by the Depositor, the Master Servicer, the Special Servicer or the holders of the Class R-I Certificates pursuant to Section 10.1(b).

  • Enforcement Proceeds means the gross proceeds from the realisation of Vehicles in respect of Purchased Receivables and from the enforcement of any other Ancillary Rights.

  • Casualty Proceeds means, with respect to any Casualty Event, the amount of any insurance proceeds or condemnation awards received by the Borrower, any Parent Guarantor or any of their respective Subsidiaries in connection therewith, but excluding any proceeds or awards required to be paid to a creditor (other than the Lenders) which holds a first-priority Lien permitted by Section 7.2.3 on the property which is the subject of such Casualty Event.

  • Condemnation Proceeds All awards or settlements in respect of a Mortgaged Property, whether permanent or temporary, partial or entire, by exercise of the power of eminent domain or condemnation, to the extent not required to be released to a Mortgagor in accordance with the terms of the related Mortgage Loan Documents.

  • Excess Liquidation Proceeds To the extent that such amount is not required by law to be paid to the related Mortgagor, the amount, if any, by which Liquidation Proceeds with respect to a Liquidated Mortgage Loan exceed the sum of (i) the Outstanding Principal Balance of such Mortgage Loan and accrued but unpaid interest at the related Mortgage Interest Rate through the last day of the month in which the related Liquidation Date occurs, plus (ii) related Liquidation Expenses.

  • Net Casualty Proceeds means, with respect to any Casualty Event, the amount of any insurance proceeds or condemnation awards received by the Borrower or any of its U.S. Subsidiaries in connection with such Casualty Event (net of all collection or similar expenses related thereto), but excluding any proceeds or awards required to be paid to a creditor (other than the Lenders) which holds a first priority Lien permitted by clause (d) of Section 7.2.3 on the property which is the subject of such Casualty Event.

  • Disposition Proceeds means, with respect to each Group I/II Non-Program Vehicle, the net proceeds from the sale or disposition of such Group I/II Eligible Vehicle to any Person (other than any portion of such proceeds payable by the Group I/II Lessee thereof pursuant to any Group I/II Lease).

  • REO Disposition Proceeds All amounts received with respect to an REO Disposition pursuant to Section 4.16.

  • Net Liquidation Proceeds With respect to any Liquidated Mortgage Loan or any other disposition of related Mortgaged Property (including REO Property) the related Liquidation Proceeds net of Advances, Servicing Advances, Servicing Fees and any other accrued and unpaid servicing fees received and retained in connection with the liquidation of such Mortgage Loan or Mortgaged Property.

  • BA Discount Proceeds means, in respect of any Bankers' Acceptance, an amount calculated on the applicable Drawdown Date which is (rounded to the nearest full cent, with one-half of one cent being rounded up) equal to the face amount of such Bankers' Acceptance multiplied by the price, where the price is calculated by dividing one by the sum of one plus the product of (i) the BA Discount Rate applicable thereto expressed as a decimal fraction multiplied by (ii) a fraction, the numerator of which is the term of such Bankers' Acceptance and the denominator of which is 365, which calculated price will be rounded to the nearest multiple of 0.001%.

  • Principal Accumulation Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Accumulation Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Net Condemnation Proceeds The Condemnation Proceeds received with respect to any Mortgage Loan or Serviced Companion Loan (including an REO Mortgage Loan or REO Companion Loan) net of the amount of (i) costs and expenses incurred with respect thereto and (ii) amounts required to be applied to the restoration or repair of the related Mortgaged Property; provided that, in the case of an Outside Serviced Mortgage Loan, “Net Condemnation Proceeds” under this Agreement shall be limited to any related Condemnation Proceeds that are received by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations set forth in the related Co-Lender Agreement.

  • Redemption Proceeds means any proceeds in any applicable currency from a redemption in respect of the Charged Assets in accordance with the terms and conditions of such Charged Assets.

  • Net Death Proceeds means the total death proceeds of the Policy minus the cash surrender value.