Recovery Proceeds definition

Recovery Proceeds means any Insurance Proceeds, any security deposit applied to an amount owed by a Lessee, any Total Loss Payoff, Early Termination Cost and End of Lease Term Liability received from a Lessee and any other net recoveries received by the Servicer with respect to the 20[__]-[__] Lease that have been charged-off, minus amounts included in such items that represent third-party charges paid or payable (such as fees, taxes and repair costs).

Recovery Proceeds means the proceeds of any insurance recovery or Condemnation Award less amounts reimbursed to the Borrower, the Trustee, and the Issuer for expenses incurred in connection therewith.

Recovery Proceeds means the proceeds of any claim, or exercise of any right of remedy, or the receipt or recovery of any compensation, indemnification, reimbursement or other payment (including any refund or return of consideration), under or in respect of any claim in relation to any of the Merger Documents or against the provider of any Report (in its capacity as a provider of that Report) or any settlement, award or order in respect of any of the foregoing (collectively a “Recovery Claim”) except for Excluded Recovery Proceeds, and after deducting (without double counting):

Examples of Recovery Proceeds in a sentence

• The Distributions to be made in Cash under the terms of this Plan shall be funded from the Debtor’s Cash on hand as of and after the Effective Date and any Net Recovery Proceeds, consistent with the terms of this Plan.

• The Litigation Trust Committee may authorize the Litigation Trust to retain Litigation Trust Recovery Proceeds to fund additional litigation with respect to Litigation Trust Assets.

• The Agent shall withhold and deduct from the Emergency Cost Recovery Proceeds that are to be remitted to the Fire Department, any Agency Fee Taxes, and all such Agency Fee Taxes will be remitted to the applicable government agency, as and when required.

• Lessee shall remain liable to Lessor, with respect to any Units which are released or sold or otherwise disposed of, to the extent that the Release Recovery Amount exceeds the Recovery Rentals or the Sale Recovery Amount exceeds the Recovery Proceeds.

• The balance, if any, of the Recovery Rentals, in the case of a release, and of the Recovery Proceeds, in the case of a sale or other disposition, shall be applied first to reimburse Lessee for any sums previously paid by Lessee as liquidated damages with respect to such Units, and any remaining amounts shall be retained by Lessor.

More Definitions of Recovery Proceeds

Recovery Proceeds means, with respect to any assigned claim under a CCRA, any and all of the gross proceeds recovered by the applicable MSP Company net of any legal fees and costs due pursuant to a legal services agreement, in respect of such assigned claim, including compensation, interest, penalties and fees which may be paid or payable with respect to such assigned claim (including any and all cash, securities, instruments or other property which may be paid or issued by defendants or third parties in litigation proceedings in satisfaction of such assigned claim).

Recovery Proceeds means the difference between (a) proceeds received after Claim Payment from the foreclosure upon, the liquidation of, or the exercise of any other rights or remedies, with respect to the Collateral and the exercise of any other rights and remedies with respect to any assets of a Borrower or a Guarantor or any other source of payment on the Loan Facility and (b) the sum of the Collateral Protection Costs, Enforcement Costs and Realization Costs incurred by Ex-Im Bank, all to the extent not reimbursed by a Borrower, any Guarantor or any other Person, as well as the Collateral Protection Costs, Enforcement Costs and Realization Costs (in an aggregate amount not to exceed the Costs Maximum Amount) incurred by Lender and not reimbursed by a Borrower, any Guarantor or any other Person, when Ex-Im Bank does not request assignment of the applicable Loan Documents upon Claim Payment in accordance with Section 5.04(b) or otherwise.

Recovery Proceeds means the proceeds of a claim (a "Recovery Claim") against the provider of any Report (in its capacity as provider of the same) and after deducting any reasonable expenses in relation to that Recovery Claim which are incurred by any member of the Group to persons who are not members of the Group.

Recovery Proceeds means the proceeds of any claim, or exercise of any right of remedy, or the receipt or recovery of any compensation, indemnification, reimbursement or other payment, under or in respect of any claim in relation to any of the Merger Documents or against the provider of any Report (in its capacity as a provider of that Report) or any proceeds received under or in connection with the Report Proceeds Letter or any settlement, award or order in respect of any of the foregoing (collectively a “Recovery Claim”) except for Excluded Recovery Proceeds, and after deducting:

Recovery Proceeds means, for each Defaulted Receivable at the end of each Fiscal Month, any payments received into the Collection Account with respect to such Receivable following its classification and during its continuation as a Defaulted Receivable and after deduction of Permissible Servicer Expenses with respect to such Receivable which have not been previously paid to the Servicer pursuant to Section 2.12 (including, but not limited to, any further installments paid, any payments in relation to past due amounts, any proceeds resulting from the trade-in of the related Aircraft or otherwise and any sales proceeds following either the negotiated sale or repossession of the related Aircraft).

Recovery Proceeds means the Net Proceeds of a Recovery Claim except for Excluded Recovery Proceeds.

Recovery Proceeds means the proceeds received after Claim Payment from the foreclosure upon, the liquidation of, or the exercise of any other rights or remedies, with respect to the Exporter Receivables Obligations and the exercise of any other rights and remedies with respect to any assets of an Eligible Exporter or a Co-Obligor or any other source of payment on the Exporter Payment Agreement.