Distribution of Sale or Refinancing Proceeds Sample Clauses

Distribution of Sale or Refinancing Proceeds. Sale or Refinancing Proceeds shall be distributed in the following order:
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Distribution of Sale or Refinancing Proceeds. Sale or Refinancing Proceeds shall be distributed in the following order, subject to any restrictions per the Project's HAP Contract:
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Distribution of Sale or Refinancing Proceeds. Subject to the requirements of any Mortgage Lenders, Sale or Refinancing Proceeds shall be distributed in the following order:
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Distribution of Sale or Refinancing Proceeds. Sale or Refinancing Proceeds shall be calculated separately for each of Kingsfield Apartments, Xxxxxx Family Apartments, and Westridge Apartments and shall be distributed in the following order:
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Distribution of Sale or Refinancing Proceeds. In addition to the annual distribution provided for in paragraph (a) of Section 9.02, the Board of Managers may within 90 days after a Capital Transaction make a special distribution to Members in an amount not to exceed the cash portion of the Sale or Refinancing Proceeds from such Capital Transaction. Such distribution shall be allocated to the Members as provided in paragraph (a) of Section 9.02.
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Distribution of Sale or Refinancing Proceeds. Sale or Refinancing Proceeds for Autumn Ridge, Pontiac, or Xxxxxxx respectively shall be distributed in the following order:
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Related to Distribution of Sale or Refinancing Proceeds

  • Application of Sale Proceeds In the event of a sale of Shares, the proceeds shall first be applied to the payment of the expenses of the sale, including brokers' commissions, counsel fees, any taxes or other charges imposed by law upon the Shares or the transfer thereof and all other charges paid or incurred by Pledgee pertaining to the sale; and, second, to satisfy outstanding Obligations, in the order in which Pledgee elects in its sole discretion; and, third, the surplus (if any) shall be paid to Pledgor.

  • Distribution of Collateral Proceeds In the event that, following the occurrence and during the continuance of any Event of Default, any monies are received in connection with the enforcement of any of the Loan Documents, or otherwise with respect to the realization upon any of the Collateral or other assets of the Borrower or the Guarantors, such monies shall be distributed for application as follows:

  • Distribution of Liquidation Proceeds Subject to the terms and conditions hereof, the Administrative Agent shall distribute all Liquidation Proceeds in the order and manner set forth below:

  • Distribution of Proceeds In the event that, following the occurrence and during the continuance of any Event of Default, any monies are received in connection with the enforcement of any of the Loan Documents, or otherwise with respect to the realization upon any of the assets of the Borrower or the Guarantors, such monies shall be distributed for application as follows:

  • Application of Proceeds from Collateral All proceeds from each sale of, or other realization upon, all or any part of the Collateral by any Secured Party after an Event of Default arises shall be applied as follows:

  • Liquidation Proceeds Cash received in connection with the liquidation of a defaulted Mortgage Loan, whether through the sale or assignment of such Mortgage Loan, trustee’s sale, foreclosure sale, payment in full, discounted payoff or otherwise, or the sale of the related Mortgaged Property if the Mortgaged Property is acquired in satisfaction of the Mortgage Loan, including any amounts remaining in the related Escrow Account.

  • Distributions of Cash Flow Cash flow for each taxable year of the Company shall be distributed to the Member at such times and in such amounts as the Member shall determine.

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