Common use of Proceeds of Disposition Clause in Contracts

Proceeds of Disposition. 5.1 The proceeds of any sale or other disposition of all or any assets comprised in the Trust Fund shall be paid promptly and in no event later than two business days after such sale, together with any interest earned thereon: 5.1.1 prior to the Restructuring Effective Time, to XLCA, which payment or distribution to XLCA shall be treated as “SCA Share Sale Proceeds” for purposes of Section 6.12 of the Master Restructuring Agreement; and 5.1.2 from and after the Restructuring Effective Time, pursuant to the terms of the Consenting Counterparty Restructuring Agreement. 5.2 Together with the proceeds of any disposition as described in Clause 5.1, the Trustees shall deliver a notice setting forth the calculation thereof to XLCA and the Consenting Counterparties.