Prepayment Proceeds definition

Prepayment Proceeds means (a) in respect of Above-Threshold Prepayment Events, the Net Proceeds thereof, (b) in respect of Below-Threshold Prepayment Events, the Net Proceeds thereof in excess of $25,000,000 and (c) in respect of any Prepayment Event described in clause (c) of the definition thereof, the Net Proceeds of such Indebtedness.

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Prepayment Proceeds means all Collections that constitute part of any prepayment.

Prepayment Proceeds means Insurance Proceeds, Liquidation Proceeds, Termination Proceeds and Net Sale Proceeds which are credited to the Prepayment Account;

Examples of Prepayment Proceeds in a sentence

• If there shall be Credit Exposure under the General Revolving Commitments or Credit Exposure under the 364 Day Commitments, the then remaining Prepayment Proceeds shall be paid to whichever such General Revolving Commitments or 364 Day Commitments as shall then have Credit Exposure.

• TMM shall and shall cause its Restricted Subsidiaries to, and each other Seller shall and shall cause its consolidated Subsidiaries to, within five (5) days after the receipt of any Multimodal Prepayment Proceeds, pay such amounts, without setoff, to the Trustee for payment by the Paying Agent of amounts owed to the Series 2001-A Certificateholders and the Series 2002-A Certificateholders as provided in the preceding sentences of this SECTION 4.3.

• Any Multimodal Prepayment Proceeds or Port Shares Prepayment Proceeds paid by TMM directly to a Series 2001-A Certificateholder instead of to the Trustee shall be paid over by such Certificateholder to the Trustee for application pursuant to Section 4.3 of the Master Trust Agreement.

• The General Revolving Commitments and the 364 Day Commitments shall be permanently reduced by the amount of such Prepayment Proceeds allocated thereto, respectively.

• Any Hedging Prepayment Proceeds arising as a result of any cancellation or prepayment under this Agreement shall, following payment into the Earnings Account in accordance with Clause 30.1 (Payment of Earnings), be applied on the last day of the Interest Period which ends on or after such payment in, in prepayment of the Loan and shall reduce pro rata the amount of each Repayment Instalment falling after that prepayment by the amount prepaid.

More Definitions of Prepayment Proceeds

Prepayment Proceeds means (a) all net cash proceeds (including, if applicable, cash proceeds received over time as and when the same are received) from an Asset Sale to the extent such proceeds, plus the net cash proceeds from all other Asset Sales received during the 12 months before such receipt of proceeds from such Asset Sale, exceeds $5,000,000 and (b) 75% of all net cash proceeds (including, if applicable, cash proceeds received over time as and when the same are received) from Eligible Junior Interest Sales.

Prepayment Proceeds means the proceeds of any Mandatory Prepayment Event minus taxes, fees and expenses actually paid in connection with such Mandatory Prepayment Event; provided, however, that, with respect to a Mandatory Prepayment Event relating to the issuance of equity securities by any Company, Prepayment Proceeds shall be limited to an amount equal to eight percent (80%) of such Prepayment Proceeds.

Prepayment Proceeds means all payments received in prepayment of a Contract.

Prepayment Proceeds means cash proceeds from any issuance of Equity Securities or Debt Securities of the Borrower, net of reasonable out-of-pocket transaction fees and expenses, including without limitation legal and accounting fees and expenses, other professional fees and expenses, recording tax expenses and commissions (including investment banking fees).

Prepayment Proceeds means the proceeds of any Mandatory Prepayment Event minus taxes, fees and expenses actually paid in connection with such Mandatory Prepayment Event; and "Significant Asset Disposition" shall mean the sale, lease, transfer or other disposition of assets (other than a sale in the ordinary course of business or other than a sale, lease transfer or other disposition permitted pursuant to section 9.2(a)) by the Borrower or any Subsidiary for which the aggregate fair market value or book value, whichever is greater, of the assets sold, leased, transferred or otherwise disposed of shall be greater than or equal to $250,000.

Prepayment Proceeds means (a) all net cash proceeds

Prepayment Proceeds has the meaning set forth in Section 3.8.