Sale Proceeds definition

Sale Proceeds means the net proceeds from the sale and/or realisation of the Charged Assets (excluding any Charged Assets which comprise cash) by the Realisation Agent in accordance with the Conditions (after deduction therefrom by the Realisation Agent of its usual fees and any costs and expenses incurred in connection with the sale of such Charged Assets). 7. Additional Provisions:

Sale Proceeds. All proceeds (excluding accrued interest, if any) received with respect to Assets as a result of sales of such Assets in accordance with the restrictions described in Article XII less any reasonable expenses incurred by the Collateral Manager, the Collateral Administrator or the Trustee (other than amounts payable as Administrative Expenses) in connection with such sales. Sale Proceeds will include Principal Financed Accrued Interest received in respect of such sale.

Sale Proceeds. With respect to any Loan, all proceeds received as a result of the sale of such Loan, net of all out-of-pocket expenses of the Borrower, the Collateral Manager and the Collateral Custodian incurred in connection with any such sale.

Examples of Sale Proceeds in a sentence

• Amounts described in this Section 4.3 that are subject to Yield Restriction as described above may be invested without Yield Restriction to the extent such amounts, in the aggregate, do not exceed the lesser of five percent (5%) of the Sale Proceeds of the Agreement or $100,000 (the “Minor Portion”).

• The County reasonably expects (i) to spend or enter into binding contracts to spend at least 5% of the Net Sale Proceeds of the Agreement on costs of Capital Projects by March 20, 2023; (ii) to allocate at least 85% of the Net Sale Proceeds of the Agreement to costs of Capital Projects by September 20, 2025; and (iii) that the completion of the Projects and allocation of the Net Sale Proceeds of the Agreement to costs of Capital Projects will proceed with due diligence.

• Preliminary expenditures such as architectural, engineering, surveying, soil testing, bond issuance costs and similar costs that, in the aggregate, are not in excess of 20% of the Sale Proceeds of the Agreement.

More Definitions of Sale Proceeds

Sale Proceeds is defined in Section 9.1(b) of the Sale and Servicing Agreement.

Sale Proceeds means an amount determined by the Calculation Agent being the proceeds of sale or other means of realisation of the Charged Assets less any costs, expenses, taxes and duties incurred in connection with the disposal or transfer of the Charged Assets by the Charged Assets Realisation Agent;

Sale Proceeds means the proceeds of the sale of the Delivery Parcel obtained by the Issuer (or its nominee) on behalf of the Investor under the Agency Sale Option, less any Costs and Taxes, including brokerage, applicable to the sale of the Delivery Parcel;

Sale Proceeds has the meaning specified in Section 9.1(b).

Sale Proceeds means all proceeds (excluding accrued interest, if any) received with respect to Collateral as a result of sales of such Collateral less any reasonable expenses incurred by the Borrower, the Services Provider or the Collateral Agent (other than amounts payable as Administrative Expenses) in connection with such sales.

Sale Proceeds means the cash proceeds realized from the sale of Loans and their Related Security by the Guarantor;

Sale Proceeds means the net amount due to the seller, being the hammer price of the lot sold less commission at the stated rate, Value Added Tax chargeable and any other amounts due to us by the seller in whatever capacity and however arising;