Investment Proceeds. The Company will deliver the majority of the proceeds from the Investment and the Other Private Placements to the Bank and to the Bank of Granite, a bank subsidiary of Granite chartered by the State of North Carolina (the “Bank of Granite”).
Investment Proceeds. “Investment Proceeds” shall mean all cash or cash equivalents received by the Principal Stockholders in respect of the Investment, net of any unreimbursed fees and expenses paid or payable to any Principal Stockholder or third party, including the aggregate value of any cash received in connection with the disposition of any property previously exchanged for or in consideration of any portion of the Investment. In connection with a Liquidity Event, the Fair Market Value of any equity securities of the Company and any property previously received in consideration for the Investment, in each case, held by the Principal Stockholders at the time of the Liquidity Event that are not disposed of in the Liquidity Event shall be treated as Investment Proceeds.
Investment Proceeds. The Loan Note Issuer hereby undertakes to the Receivables Trustee for itself and as trustee for each other Beneficiary (by way of a contractual obligation owed by the Loan Note Issuer to no other person and not as part of the terms of the Receivables Trust) that, unless specified otherwise herein, it will pay to the Receivables Trustee from its own resources by way of Additional Consideration in accordance with Clause 3(c) (identified as "INVESTMENT PROCEEDS"), amounts equal to any payments it receives in respect of investment earnings (to the extent not included in Excess Spread) from the Receivables Trust. To the extent necessary the Receivables Trustee is hereby authorised to make such payments described above on the Loan Note Issuer's behalf.
Investment Proceeds. 15.1 The expected investment profit of the parties within the joint venture period
Investment Proceeds. All Investment Proceeds earned with respect to any fund or account established under the Funding Loan Agreement shall be retained as part of each such fund or account. Notwithstanding the foregoing, the Borrower does not expect any Investment Proceeds due to the structure of the ()overnmcntal x.xxxxx Note as a dnm-dom1 loan.
Investment Proceeds. Investment earnings on the Master Agreement Proceeds until such proceeds are expended for the purpose or purposes of the issue. Funds and accounts established under the plan of financing that will hold investment proceeds are identified in Section 3.1(c) below.
Investment Proceeds. In the event that any Subsidiary shall receive proceeds from any Joint Venture, or Content Development Subsidiary (including by way of repayment, interest payments, dividends, liquidation proceeds, participation payments, asset transfer, distributions or other direct or indirect payments from such Joint Venture or Content Development Subsidiary), after deducting all reasonable costs and expenses (including for taxes) related thereto on account of such Subsidiary’s equity interests and Investments in such Joint Venture or Content Development Subsidiary, as applicable (such proceeds, “Investment Proceeds”), such Subsidiary shall, if such Subsidiary is not a Credit Party, further dividend, distribute or transfer such Investment Proceeds to a Credit Party within five (5) Business Days of receipt of such Investment Proceeds.
Investment Proceeds. “Investment Proceeds” shall mean all cash or cash equivalents received by the Shareholders in respect of the Investment, net of any fees and expenses paid or payable to any Shareholder or third party. In connection with a Liquidity Event, the Fair Market Value of any equity securities of the Company held by the Shareholders (whether held directly or through any direct or indirect Subsidiary) at the time of the Liquidity Event that are not disposed of in the Liquidity Event shall be treated as Investment Proceeds. In connection with an Initial Public Offering, the Fair Market Value of any Common Shares held by the Shareholders at the time of the Initial Public Offering that are not disposed of in the Initial Public Offering shall be treated as Investment Proceeds.
Investment Proceeds. The Investment Proceeds of the Bonds derived from Bond proceeds in the funds held under the Indenture, will be deposited to the Earnings Fund and after any transfers to the Rebate Fund, credited to the Project Fund prior to the Completion Date. After the Completion Date, the earnings on such funds will be credited first to the Earnings Fund and Rebate Fund, if necessary, and then applied to pay debt service on the Bonds. Earnings on all funds and accounts will be deposited in the Rebate Fund to the extent required by the Indenture and this Tax Regulatory Agreement.
Investment Proceeds. Investment Proceeds will be invested without restriction as to Yield for one year from the date of receipt of the amount earned.
