Excluded Acquisition Proceeds" means any proceeds of a Recovery Claim which the Borrower notifies the Lender are, or are to be, applied:
(iii) to satisfy (or reimburse a member of the Group which has discharged) any liability, charge or claim upon a member of the Group by a person which is not a member of the Group; or
(iv) in the replacement, reinstatement and/or repair of assets of members of the Group which have been lost, destroyed or damaged,