Realization Costs definition

Realization Costs as defined in Subsection 11.2.1.

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Realization Costs refers collectively to:

Realization Costs shall have the meaning specified in Section 11.2 of ------------ this Agreement.

Examples of Realization Costs in a sentence

• In the event Buyer does not elect to terminate this Agreement as set forth above, this Agreement shall remain in full force and effect, Seller shall assign to Buyer all of Seller's right, title and interest in and to any and all proceeds of insurance on account of such damage or destruction, if any, and, if the casualty was an insured casualty, Buyer shall receive a credit against the Purchase Price equal to the deductible amount (less the Realization Costs) under Seller's casualty insurance policy.

• In the event Buyer does not elect to terminate this Agreement as set forth above, this Agreement shall remain in full force and effect, Seller shall assign to Buyer all of Seller’s right, title and interest in and to any and all proceeds of insurance on account of such damage or destruction, if any, and, if the casualty was an insured casualty, Buyer shall receive a credit against the Purchase Price equal to the deductible amount (less the Realization Costs) under Seller’s casualty insurance policy.

• In the event neither party elects to terminate this Agreement as set forth above, this Agreement shall remain in full force and effect, Seller shall assign to Buyer all of Seller's right, title and interest in and to any and all proceeds of insurance on account of such damage or destruction, if any, and, if the casualty was an insured casualty, Buyer shall receive a credit against the Purchase Price equal to the deductible amount (less the Realization Costs) under Seller's casualty insurance policy.

• Until such time as the Realization Costs are paid in the manner contemplated in subsection 17.2.2, all Realization Costs incurred and paid by any one of the Finance Parties shall be shared by the Finance Parties on the basis of their respective Rateable Share.

• Until such time as the Realization Costs are paid in the manner contemplated in subsection 14.3.1, all Realization Costs incurred and paid by any one of the Lenders, the Agent or any holder of the Security Documents, shall be shared by the Lenders on the basis of their respective Pro Rata Share.

• Until such time as the Realization Costs are paid in the manner contemplated in subsection 5.2.1.1, all reasonable Realization Costs incurred and paid by any one of the Lenders, subject to prior approval by the Agent, or the Agent shall be shared by the Lenders on the basis of their respective Pro Rata Share.

• Until such time as the Realization Costs are paid in the manner contemplated in subsection 15.2.2, all Realization Costs incurred and paid by any one of the Finance Parties shall be shared by the Finance Parties on the basis of their respective Rateable Share.

More Definitions of Realization Costs

Realization Costs means, with respect to a Loan Facility, the reasonable out-of-pocket costs and expenses incurred by Lender or Ex-Im Bank after the occurrence of an Event of Default in connection with sale or collection of the Collateral, such as the fees and expenses of auctioneers, brokers and collection agents. For the purpose of computing Realization Costs with respect to a Loan Facility for which the Export-Related Inventory or Export-Related Overseas Inventory of a Borrower cannot be effectively segregated from the other Inventory of such Borrower, the amount of Realization Costs relating to such Inventory shall be the Pro Rata Inventory Percentage, such percentage determined based on the earlier of

Realization Costs means, with respect to a Loan Facility, the reasonable out-of-pocket costs and expenses incurred by Lender or Ex-Im Bank after the occurrence of an Event of Default in connection with sale or collection of the Collateral, such as the fees and expenses of auctioneers, brokers and collection agents.

Realization Costs means, with respect to a Loan Facility, the reasonable out- of-pocket costs and expenses incurred by Lender or EXIM Bank after the occurrence of an Event of Default in connection with sale or collection of the Collateral, such as the fees and expenses of auctioneers, brokers and collection agents. For the purpose of computing Realization Costs with respect to a Loan Facility for which the Export-Related Inventory or Export-Related Overseas Inventory of a Borrower cannot be effectively segregated from the other Inventory of such Borrower, the amount of Realization Costs relating to such Inventory shall be the Pro Rata Inventory Percentage, such percentage determined based on the earlier of (a) the date such expense is incurred and (b) the date Borrower fails to pay when due any outstanding amount of principal or accrued interest payable under the Loan Documents that becomes the basis for a Payment Default on which a Claim is filed.