Contract Proceeds definition

Contract Proceeds funds received by Borrower with respect to any Facility Contract or any Facility Equipment which is the subject of a Facility Contract.
Contract Proceeds means the full and entire of the Assignor’s present or future benefits, rights, title and interest in and to and under the Contracts and any and all contract sums, advance payments, fees, charges, rentals, license fees and other proceeds of any other payments which may at any time and from time to time be received by or payable to the Assignor from the respective Paying Parties under or in connection with or arising out of any and all of the Contracts, whether on account of any claims, awards and judgments made or given under or in connection with the Contracts or any one of them or otherwise howsoever.
Contract Proceeds means the portion of the contract

Examples of Contract Proceeds in a sentence

  • The Assignor undertakes to open and maintain at all times during the continuance of this Assignment, an Account with the Bank and to pay all the Contract Proceeds into such Account, provided that the Bank may at its absolute discretion require all or any Contract Proceeds to be paid directly to the Bank towards reduction of the Secured Obligation or for any other purpose as the Bank may in its absolute discretion decide.

  • Contract Proceeds Membership Contribution Export Proceeds Gift 12 Other Connected Business / Professional Activities & Business Interest 13 Other Details / Remarks/Notes (if any) 14 Name of Person/s Authorized to Give Instructions 15 Bank Account Details Bank Branch Account No. Account Type Current Savings XXXXX XXXXX 16 Authorized Signatories Details Name of the Person Capacity 1.

  • In the event that any sum of the Contract Proceeds is paid to or received by the Assignor (without the prior written approval of the Bank for the Assignor to use or retain that sum), the Assignor shall hold that sum on trust for the Bank and shall forthwith pay the same into the Account or such other account as the Bank may permit or at the Bank’s absolute discretion, direct.

  • Interest - The Contract Proceeds may be left with us for at least 5 years.

  • Director Director/Secretary LEG/i-023 DOA(CP)(06/16) (Pursuant to Clause 1.1.8 of the Deed of Assignment of Contract Proceeds dated the day of , 20 ) All terms referred to herein shall have the same meaning as the terms in the abovementioned Assignment (herein referred to as “this Assignment”).


More Definitions of Contract Proceeds

Contract Proceeds means any payment or exchange of assets
Contract Proceeds means any and all proceeds from the Contract and the Assigned Agreements, in which the Obligor has any right, title or interest.
Contract Proceeds means the sum of the Transaction Consideration, any Document Fees and/or any additional fees that may be relevant to the trading of the relevant Instrument plus VAT thereon where applicable less the Trading Fee and VAT thereon payable by the Selling Counterparty to t2e in respect of the relevant Market Transaction;
Contract Proceeds means the full and entire of the Assignor’s present or future benefits rights title and interest in and to and under any and all contract sums, advance payments, fees, charges and other proceeds of any other payments which may at any time and from time to time be received by or payable to the Assignor from the respective Principals under or in connection with or arising out of any and all of the Contracts, whether on account of any claims, awards and judgments made or given under or in connection with the Contracts or any one of them or otherwise howsoever.
Contract Proceeds means collectively (i) the Contract Payments, (ii) any Retransfer Amounts paid by the Seller or the Servicer pursuant to Section 3.03 of the Sale and Servicing Agreement and (iii) any prepayments in full of a Contract.
Contract Proceeds mean all moneys of whatsoever kind which may at any time become payable to or for the account of the Borrower arising out of any breach of or claim under the Building Contract and/or the Performance Bonds.
Contract Proceeds means all present and future rights, title and interest of the Customer in or under the Project Documents, including without limitation, all sums of money (including retention sum) which may now or hereafter become due and payable by the Employer/Sponsor/Project Awarder to the Customer under or in connection with the Project Documents, and such other sums of money as may from time to time hereafter be due and payable to the Customer by the Employer/Sponsor/Project Awarder whether on account of any daims for damages, awards or judgments made or given under or in connection with the Project Documents or otherwise howsoever.