Recovered Amount definition

Recovered Amount shall have the meaning assigned thereto in Section 1.03(c).

Recovered Amount. As defined in Section 1.02(c).

Recovered Amount has the meaning given to it in Clause 27.1 (Payments to Finance Parties).

Examples of Recovered Amount in a sentence

• The Net Recovered Amount shall equal the gross amount of the recoveries less reasonable collections costs.

• Any claim against the Guarantor pursuant to Condition 11.3(b) for amounts in respect of principal, interest and/or Arrears of Interest shall be reduced if, and to the extent that, any amounts in respect of the same are first paid by or recovered from the Issuer (including, without limitation, any Issuer Recovered Amount following an Issuer Winding-Up).

• In the event of recoveries on Defaulted Loans, the Bank will deposit back to the Reserve Account the Net Recovered Amount multiplied times the Loss Share Percentage.

• On a distribution by the Initial ACF Agent under Clause 26.2 (Redistribution of payments) of a payment received by a Recovering Initial ACF Finance Party from an Obligor, as between the relevant Obligor (on the one hand) and the Recovering Initial ACF Finance Party (on the other), an amount of the Recovered Amount equal to the Sharing Payment will be treated as not having been paid by that Obligor.

• On a distribution by the Agent under Clause 27.2 (Redistribution of Payments) of a payment received by the Recovering Finance Party from an Obligor, as between the relevant Obligor and the Recovering Finance Party, an amount of the Recovered Amount equal to the Sharing Payment will be treated as not having been paid by that Obligor.

More Definitions of Recovered Amount

Recovered Amount has the meaning given in clause 7.15(a).

Recovered Amount means, as of the time the Purchase Price is paid pursuant to Section 2.6 or Section 5.2, the aggregate amount of all Royalty Payments received by ROS from Unilife pursuant to Section 2.1.

Recovered Amount has the meaning given to it in Clause 27.1 (Payments to Finance Parties); Recovering Finance Party has the meaning given to it in Clause 27.1 (Payments to Finance Parties); Redistributed Amount has the meaning given to it in Clause 27.4 (Reversal of redistribution); - 20 - WA2 ZAR RCF 2023.CONFORMED COPY.EXECUTION COPY Reference Bank Quotation means any quotation supplied to the Facility Agent by a Reference Bank; Reference Bank Rate means the arithmetic mean of the rates (rounded upwards to four decimal places) as supplied to the Facility Agent at its request by the Reference Banks as either: 1.1.

Recovered Amount shall have the meaning as set forth in Clause 8.2(b)(ii).

Recovered Amount means an amount in KRW (rounded up to the nearest whole number) the SPC receives in consideration for its disposal of the Shares and/or Percentage Interest in Econovation, including distributions or payments, relating to the purchase price for disposal of SPC Proportionate Shares, dividends, redemption, consideration for capital reduction, the purchase price for disposal of the SPC’s Percentage Interest in Econovation, and other distributions or payments relating to the SPC’s Percentage Interest in Econovation, provided that if the Recovered Amount is recovered or received in USD, the KRW amount equivalent to such Recovered Amount shall be calculated based on the USD/KRW selling rate published by KEB Hana Bank at the time the USD is wired to the account under the receiver’s name is converted to KRW.

Recovered Amount shall have the meaning set out in paragraph 6.2 of this Schedule.

Recovered Amount has the meaning given to it in Clause 25.1 (Payments to Holders).