CrossCollateralized Excess Proceeds

Example Definitions of "CrossCollateralized Excess Proceeds"
CrossCollateralized Excess Proceeds. The amount by which the aggregate Borrower Collateral Unit Net Proceeds associated with all Crossed Collateral sold by Uni-Mart during the Disposition Period exceeds the aggregate Outstanding Loan Balance associated with the same Crossed Collateral as of their respective Closing Dates.
Found in UNI MARTS INC contract
CrossCollateralized Excess Proceeds. The Means the amount by which the aggregate Borrower Collateral Unit Net Proceeds associated with all Crossed Collateral sold by Uni-Mart a given Borrower during the Disposition Period exceeds the aggregate Outstanding Loan Balance associated with the same Crossed Collateral as of their respective Closing Dates.
Found in UNI MARTS INC contract
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