Remarketing Proceeds definition

Remarketing Proceeds means proceeds from the sale of the Bonds by the Remarketing Agent other than to the Board.

Remarketing Proceeds with respect to an item of Equipment - the Proceeds minus the Remarketing Expenses.

Remarketing Proceeds means proceeds from the resale of Pledged Bonds by the Remarketing Agent, which Pledged Bonds shall have been tendered or deemed tendered to the 1993 Trustee for repurchase pursuant to the terms of the 1993 Trust Indenture.

Examples of Remarketing Proceeds in a sentence

• However there was an improvement in the coverage of the internal audit as compared to the previous year.

• Amounts held in the Standby Purchase Account and the Remarketing Proceeds Account by the Paying Agent shall be held uninvested and separate and apart from all other funds and accounts.

• The proceeds from the remarketing of the Bonds shall be deposited in the Remarketing Proceeds Account, segregated from any funds of the Borrower and the Issuer and shall in no case be considered to be or be assets of the Borrower or the Issuer.

• Following the Trustee’s notice, the Outstanding Bonds shall be sold to the purchasers identified by the Remarketing Agent for delivery and settlement on the Mandatory Tender Date, and the Trustee shall apply (i) the funds in the Remarketing Proceeds Account of the Bond Fund on the Remarketing Date to payment of the purchase price of the Outstanding Bonds and (ii) the funds in the Expense Fund to payment of the Remarketing Expenses.

• Money in the Remarketing Proceeds Account shall be held exclusively for the payment of the Purchase Price of the Unredeemed Bonds.

More Definitions of Remarketing Proceeds

Remarketing Proceeds means, as to any Equipment remarketed pursuant to this Agreement, the sale price of any re-sold Equipment, or the discounted present value (discounted at the Discount Rate, as defined in Section C of EXHIBIT D hereto) of all lease payments on any re-leased Equipment, net of any applicable taxes.

Remarketing Proceeds means the proceeds of remarketing of Bonds by the Remarketing Agent in accordance with the provisions of Section 6.6.

Remarketing Proceeds means proceeds of the remarketing of Bonds tendered or deemed tendered for purchase under Section 2.7.

Remarketing Proceeds means proceeds of the remarketing of Bonds tendered or deemed tendered for purchase pursuant to Section 3.01 other than to the Issuer or the Company or any guarantor of the Company.

Remarketing Proceeds has the meaning given in Section 11. --------------------

Remarketing Proceeds means, as to any Equipment remarketed pursuant to this Agreement, the sale price of any re-sold Equipment, or the discounted present value (discounted at ) of all lease payments on any re-leased Equipment, net of any applicable taxes.

Remarketing Proceeds shall have the meaning set forth in Section 3.08(c).