Account Proceeds definition

Account Proceeds has the meaning set forth in Section 4.1.

Account Proceeds means any and all Rents and other revenue in connection with the Property that is deposited by any Clearing Bank, the Borrower, the Manager or otherwise into the Cash Collateral Account from time to time.

Account Proceeds refers to the property in the Account at the death of the Account Holder, or the last of them to survive, as adjusted by any transactions made in accordance with this Agreement.

Examples of Account Proceeds in a sentence

• NOTE: Account Proceeds and Securities will be distributed proportionately in kind to the beneficiaries according to their respective interests.

• Note: Account Proceeds and Securities will be distributed proportionately in kind to the beneficiaries according to their respective interests.

• If your designated beneficiary has died before you or if you have not designated a beneficiary, Royal Bank will pay the Account Proceeds to your estate upon receipt of instructions from the Estate Representative and in accordance with Applicable Laws.

• Subject to Applicable Laws the Holder (or if permitted by Applicable Laws his or her representative) may designate: a Spouse as successor holder of the account; or one or more beneficiaries to receive the Account Proceeds on the Holder’s death and, at any time, change or revoke such designation.

• This Agreement (and the attachments hereto) constitute the entire agreement between the parties with respect to the holding and release of Account Proceeds, except as otherwise expressly agreed in writing executed by or on behalf of the Assignor and the Collateral Agent, and supersede all prior agreements, understandings, negotiations and discussions with respect to the subject matter hereof.

More Definitions of Account Proceeds

Account Proceeds means proceeds of an Account other than an Account ---------------- representing the sale or other disposition of Machinery and Equipment pursuant to Section 2.02(b)(i). 14

Account Proceeds means any and all Rents and Profits and other revenue in connection with the Properties and any other sums that are deposited into, or earned from sums deposited in Property Accounts A or, all sums that are deposited into, or earned on sums deposited into the Deposit Account, as applicable.

Account Proceeds has the meaning set forth in Section 7.7(b)(i).

Account Proceeds. As defined in the Collateral Agency Agreement.

Account Proceeds means any and all assets of whatever type or kind deposited in (or credited to) the Account, whether now owned or hereafter acquired, including all moneys, checks, drafts, instruments, securities or interests therein of any type or nature deposited in (or credited to) the Account and all investments and all certificates and other instruments from time to time representing or evidencing the same, and all interest, distributions, cash and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing and all Proceeds of any or all of the foregoing.

Account Proceeds means any and all assets of whatever type or kind deposited in the Account, whether now owned or hereafter acquired, including all moneys, checks, drafts, instruments, securities or interests therein of any type or nature deposited in the Account and all investments and all certificates and other instruments from time to time representing or evidencing the same, and all interest, distributions, cash and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing and all Proceeds (as defined in Section 9-102(a)(64) of the UCC) of any or all of the foregoing.

Account Proceeds means all Mortgaged Property Gross Cash Flow and any and all other sums in any Clearing Account A or any Deposit Account, as applicable, from time to time.