{"component": "definition", "props": {"groups": [{"snippet": "shall have the meaning given such term in the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Mac Acknowledgment Agreement.", "samples": [{"hash": "jZQEiB32OfG", "uri": "/contracts/jZQEiB32OfG#surplus-proceeds", "label": "Credit Agreement (Home Point Capital Inc.)", "score": 33.6078033447, "published": true}, {"hash": "1SIXq2FU0OF", "uri": "/contracts/1SIXq2FU0OF#surplus-proceeds", "label": "Credit Agreement (Home Point Capital Inc.)", "score": 33.2053375244, "published": true}, {"hash": "1i7Hu23ybLC", "uri": "/contracts/1i7Hu23ybLC#surplus-proceeds", "label": "Credit Agreement (Home Point Capital Inc.)", "score": 30.6084880829, "published": true}], "size": 5, "snippet_links": [{"key": "the-\u2587", "type": "clause", "offset": [42, 47]}, {"key": "acknowledgment-agreement", "type": "clause", "offset": [58, 82]}], "hash": "ad538d1fd201cc819093f84203bc014e", "id": 1}, {"snippet": "has the meaning assigned to such term in clause (f) of the definition of \u201cPermitted Asset Sales\u201d.", "samples": [{"hash": "9cxxgbEfbMX", "uri": "/contracts/9cxxgbEfbMX#surplus-proceeds", "label": "Revolving Credit Agreement (General Motors Financial Company, Inc.)", "score": 24.1540050507, "published": true}, {"hash": "ha4CjOrT6nY", "uri": "/contracts/ha4CjOrT6nY#surplus-proceeds", "label": "Revolving Credit Agreement (General Motors Co)", "score": 24.101984024, "published": true}, {"hash": "9gHig2XHOYR", "uri": "/contracts/9gHig2XHOYR#surplus-proceeds", "label": "Revolving Credit Agreement (General Motors Co)", "score": 24.101984024, "published": true}], "size": 4, "snippet_links": [{"key": "in-clause", "type": "clause", "offset": [38, 47]}, {"key": "the-definition-of", "type": "clause", "offset": [55, 72]}, {"key": "permitted-asset-sales", "type": "definition", "offset": [74, 95]}], "hash": "6f6ee5d796c68486506340dec8fe2196", "id": 2}, {"snippet": "means the aggregate of all amounts of:", "samples": [{"hash": "kEHBhaWOGmn", "uri": "/contracts/kEHBhaWOGmn#surplus-proceeds", "label": "Guarantee Agreement", "score": 35.6935539246, "published": true}, {"hash": "15UecfHOEKO", "uri": "/contracts/15UecfHOEKO#surplus-proceeds", "label": "Guarantee Agreement", "score": 33.4131011963, "published": true}, {"hash": "eGOXI4qgGzu", "uri": "/contracts/eGOXI4qgGzu#surplus-proceeds", "label": "Guarantee Agreement", "score": 32.8470306396, "published": true}], "size": 3, "snippet_links": [], "hash": "cf4bd18e5b17f0b7430fa12958155340", "id": 3}, {"snippet": "means \u201cSurplus Proceeds\u201d as defined in the Acknowledgment Agreement.", "samples": [{"hash": "2WtmVJDKgun", "uri": "/contracts/2WtmVJDKgun#surplus-proceeds", "label": "Loan and Security Agreement (Caliber Home Loans, Inc.)", "score": 31.7652301788, "published": true}, {"hash": "5jSwuT9uwL", "uri": "/contracts/5jSwuT9uwL#surplus-proceeds", "label": "Loan and Security Agreement (Rocket Companies, Inc.)", "score": 31.5133476257, "published": true}], "size": 2, "snippet_links": [{"key": "acknowledgment-agreement", "type": "clause", "offset": [43, 67]}], "hash": "29c34fd2c3d04782163b4d758487a2ca", "id": 4}, {"snippet": "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.", "samples": [{"hash": "g6UkaD55oA6", "uri": "/contracts/g6UkaD55oA6#surplus-proceeds", "label": "Uniform Covenants", "score": 26.3552360535, "published": true}], "size": 1, "snippet_links": [{"key": "the-mortgaged-property", "type": "clause", "offset": [78, 100]}, {"key": "a-holder", "type": "definition", "offset": [104, 112]}, {"key": "bond-mortgage", "type": "definition", "offset": [120, 133]}, {"key": "to-the-extent", "type": "clause", "offset": [168, 181]}, {"key": "default-by-lender", "type": "clause", "offset": [222, 239]}, {"key": "credit-enhancement-agreement", "type": "definition", "offset": [250, 278]}, {"key": "amount-required", "type": "clause", "offset": [298, 313]}, {"key": "the-obligations-secured", "type": "clause", "offset": [325, 348]}], "hash": "2ab2c2c1030f7eeca22de0e85e00be11", "id": 5}, {"snippet": "as defined in the Acknowledgment Agreement.", "samples": [{"hash": "2WtmVJDKgun", "uri": "/contracts/2WtmVJDKgun#surplus-proceeds", "label": "Loan and Security Agreement (Caliber Home Loans, Inc.)", "score": 31.7652301788, "published": true}], "size": 1, "snippet_links": [{"key": "acknowledgment-agreement", "type": "clause", "offset": [18, 42]}], "hash": "0b01a0f0933537630b213ea9b41822fd", "id": 6}, {"snippet": "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 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Mac's Claims and \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Mac's Servicing Transfer Costs.", "samples": [{"hash": "78nt1dyxDH0", "uri": "/contracts/78nt1dyxDH0#surplus-proceeds", "label": "Acknowledgement Agreement (Finet Holdings Corp)", "score": 18.0, "published": true}], "size": 1, "snippet_links": [{"key": "the-secured-party", "type": "clause", "offset": [42, 59]}, {"key": "the-servicer", "type": "definition", "offset": [67, 79]}, {"key": "equal-to", "type": "definition", "offset": [81, 89]}, {"key": "the-balance", "type": "clause", "offset": [90, 101]}, {"key": "transfer-proceeds", "type": "definition", "offset": [141, 158]}, {"key": "termination-fee", "type": "clause", "offset": [166, 181]}, {"key": "servicing-transfer-costs", "type": "definition", "offset": [265, 289]}], "hash": "20235800f086468fe40f7a0543e5d6d0", "id": 7}, {"snippet": "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\u2019s security.", "samples": [{"hash": "8e5fdF87Qe6", "uri": "/contracts/8e5fdF87Qe6#surplus-proceeds", "label": "Loan Agreement (Fort Technology Inc)", "score": 33.167008898, "published": true}], "size": 1, "snippet_links": [{"key": "all-funds", "type": "clause", "offset": [14, 23]}, {"key": "other-monetary", "type": "clause", "offset": [41, 55]}, {"key": "received-by-the-company", "type": "definition", "offset": [67, 90]}, {"key": "the-sale", "type": "clause", "offset": [96, 104]}, {"key": "disposition-of", "type": "clause", "offset": [128, 142]}, {"key": "repayment-of", "type": "clause", "offset": [206, 218]}, {"key": "the-senior", "type": "clause", "offset": [330, 340]}, {"key": "lending-facility", "type": "clause", "offset": [341, 357]}, {"key": "other-amounts", "type": "definition", "offset": [403, 416]}, {"key": "required-by-law", "type": "clause", "offset": [417, 432]}, {"key": "the-lender", "type": "clause", "offset": [455, 465]}], "hash": "0a606ba2644af08a90c0f025cf921430", "id": 8}, {"snippet": "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 \u2587\u2587\u2587\u2587\u2587\u2587 Mae rights and other restrictions on transfer under applicable \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587 guidelines.", "samples": [{"hash": "8nPKPoG2Evi", "uri": "/contracts/8nPKPoG2Evi#surplus-proceeds", "label": "Loan and Security Agreement (Mr. Cooper Group Inc.)", "score": 33.566734314, "published": true}], "size": 1, "snippet_links": [{"key": "proceeds-of-sales", "type": "clause", "offset": [6, 23]}, {"key": "servicing-rights", "type": "definition", "offset": [31, 47]}, {"key": "to-the-extent", "type": "clause", "offset": [48, 61]}, {"key": "received-by", "type": "definition", "offset": [91, 102]}, {"key": "the-account", "type": "clause", "offset": [111, 122]}, {"key": "the-borrower", "type": "definition", "offset": [127, 139]}, {"key": "the-administrative-agent", "type": "definition", "offset": [143, 167]}, {"key": "free-and-clear", "type": "clause", "offset": [182, 196]}, {"key": "other-restrictions-on-transfer", "type": "clause", "offset": [226, 256]}], "hash": "22e21b83975828aa63d288ceebb46916", "id": 9}, {"snippet": "means the lower of the sale price or RMV, less Property Costs.", "samples": [{"hash": "6qemVuWDE37", "uri": "https://cms9files.revize.com/josephinecountyor/human%20resources/Policies%20and%20Collective%20Bargaining%20Agreements/Administrative%20Policy%20Manual%20POSTED.pdf", "label": "cms9files.revize.com", "score": 17.7945709229, "published": false}], "size": 1, "snippet_links": [{"key": "sale-price", "type": "definition", "offset": [23, 33]}, {"key": "property-costs", "type": "clause", "offset": [47, 61]}], "hash": "548a23fb6b4ba955a2c0a8e9754dcad9", "id": 10}], "next_curs": "Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIZc3VycGx1cy1wcm9jZWVkcyMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "shall have the meaning given such term in the \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Mac Acknowledgment Agreement.", "size": 23, "title": "Surplus Proceeds", "id": "surplus-proceeds", "examples": ["The Administrative Agent shall transfer any Bonded Receivables <strong>Surplus Proceeds</strong> in the Bonded Receivables Account to the TP&amp;S Payment Account upon receipt of sufficient documentation which identifies the amounts in the Bonded Receivables Account that constitute Bonded Receivables <strong>Surplus Proceeds</strong> 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 <strong>Surplus Proceeds</strong>: 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 <strong>Surplus Proceeds</strong> 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\u2019 last-known addresses, Minimum Sale Prices, and <strong>Surplus Proceeds</strong>.", "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 <strong>Surplus Proceeds</strong>.", "The <strong>Surplus Proceeds</strong> shall be applied pro rata to prepay outstanding Loans in all Tranches and to the extent applied to repay Revolving Credit Loans, the Tranche A Commitment Amount shall be permanently reduced by the amount of Revolving Credit Loans which were so repaid.", "Such defined words and terms and the Sections in this Agreement in which they are defined are as follows:\u200c Defined Term Section Annual Cumulative <strong>Surplus Proceeds</strong> 5.08(C) Annual True-Up 8.01(D) Breaching Party 19.01 Capacity Reservation Charge 7.01(A) Capital Recovery Charge 7.01(G) Capital Recovery Charge Account 7.01(G) Capital Recovery Charge Base 7.01(G)(ii) Capital Recovery Charge Percentage.", "Upon approval of the Court, the Special Master will be empowered to facilitate the resolution of claims among Settlement Class members, including their various interests and entitlement to claims relating to <strong>Surplus Proceeds</strong> as provided in Paragraph 8.2.1. The intent will be for the court-appointed Special Master to have a function similar to a Michigan Circuit Court Judge under Section 78t of the GPTA.", "Any Disposition Proceeds that are not applied or invested as provided in the preceding clauses (A), (B) or (C) will constitute &quot;<strong>Surplus Proceeds</strong>.&quot; Within five (5) days after the aggregate amount of <strong>Surplus Proceeds</strong> exceeds $15,000,000, the Borrower will make a mandatory principal prepayment of the Loans in the manner set forth in Section 2.06(e)(iv) in an amount equal to such <strong>Surplus Proceeds</strong>.", "Any <strong>Surplus Proceeds</strong> to which Purchaser would otherwise be entitled hereunder will be subject to set off and counterclaims arising from a default by Purchaser in the performance of its obligations hereunder."], "related": [["capital-proceeds", "Capital Proceeds", "Capital Proceeds"], ["net-liquidation-proceeds", "Net Liquidation Proceeds", "Net Liquidation Proceeds"], ["surplus-amount", "Surplus Amount", "Surplus Amount"], ["net-asset-sale-proceeds", "Net Asset Sale Proceeds", "Net Asset Sale Proceeds"], ["net-loss-proceeds", "Net Loss Proceeds", "Net Loss Proceeds"]], "related_snippets": [], "updated": "2026-03-05T04:26:20+00:00"}, "json": true, "cursor": ""}}