Surplus Proceeds definition

Surplus Proceeds shall have the meaning given such term in the ▇▇▇▇▇▇▇ Mac Acknowledgment Agreement.

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Surplus Proceeds has the meaning assigned to such term in clause (f) of the definition of “Permitted Asset Sales”.

Surplus Proceeds means the aggregate of all amounts of:

Examples of Surplus Proceeds in a sentence

The Administrative Agent shall transfer any Bonded Receivables Surplus Proceeds in the Bonded Receivables Account to the TP&S Payment Account upon receipt of sufficient documentation which identifies the amounts in the Bonded Receivables Account that constitute Bonded Receivables Surplus Proceeds and which is acknowledged and consented to by the applicable surety and the Borrower and is in form and substance reasonably satisfactory to the Administrative Agent.
Article 8.1 (h) - Interest And Surplus Proceeds: The City shall return all unexpended grant funds and interest accrued on grant funds to IEDA within thirty (30) days after the project completion date.
As a continuing security for the payment and discharge of the Secured Liabilities, the Assignor with full title guarantee assigns to the Security Trustee absolutely, subject to a proviso for reassignment on irrevocable discharge in full of the Secured Liabilities, the Right to Surplus Proceeds provided that nothing in this Clause 3.1 shall constitute the Security Trustee as a mortgagee in possession.
The Counties shall provide information reasonably requested by Lead Counsel to identify Eligible Properties, Potential Claimants including Potential Claimants’ last-known addresses, Minimum Sale Prices, and Surplus Proceeds.
In the event all outstanding Loans have been paid in full, the Tranche A Commitment Amount shall be permanently reduced by the amount of any remaining Surplus Proceeds.

More Definitions of Surplus Proceeds

Surplus Proceeds means “Surplus Proceeds” as defined in the Acknowledgment Agreement.

Surplus Proceeds means any funds, amounts, proceeds or credits derived from the foreclosure of the Mortgaged Property by a holder of the Bond Mortgage or this Instrument (except if and to the extent that such foreclosure is triggered by a default by Lender under the Credit Enhancement Agreement) which exceeds the amount required to satisfy the obligations secured by the Bond Mortgage.

Surplus Proceeds as defined in the Acknowledgment Agreement.

Surplus Proceeds means any monies available for payment to the Secured Party and to the Servicer, equal to the balance of monies remaining from the Servicing Transfer Proceeds or the Termination Fee after deduction therefrom of the amounts of ▇▇▇▇▇▇▇ Mac's Claims and ▇▇▇▇▇▇▇ Mac's Servicing Transfer Costs.

Surplus Proceeds means any and all funds, receivables, or other monetary recoveries received by the Company from the sale, refinancing, or other disposition of its assets or undertakings, remaining after (i) full and final repayment of all amounts (including principal, interest, fees, and costs) owed to Together Commercial Finance Limited under the senior lending facility dated 22 March 2024, and (ii) payment of any other amounts required by law to have priority over the Lender’s security.

Surplus Proceeds means proceeds of sales of any Servicing Rights to the extent that such proceeds have been received by, or for the account of, the Borrower or the Administrative Agent or any Lender free and clear of all ▇▇▇▇▇▇ Mae rights and other restrictions on transfer under applicable ▇▇▇▇▇▇ ▇▇▇ guidelines.

Surplus Proceeds means the lower of the sale price or RMV, less Property Costs.