Liquidation Event Distributions. On the first Business Day after the ------------------------------- Company receives any Liquidation Proceeds, the Company shall cause the distribution of the Net Liquidation Proceeds After Debt Service to make the following payments:
Appears in 2 contracts
Samples: Loan Agreement (Brookdale Living Communities Inc), Loan Agreement (Brookdale Living Communities Inc)
Liquidation Event Distributions. On the first Business Day after the ------------------------------- Company receives any Liquidation Proceeds, the Company shall cause the distribution of the Net Liquidation Proceeds After Debt Service to make the following payments:
Appears in 2 contracts
Samples: Loan Agreement (Alternative Living Services Inc), Loan Agreement (Alternative Living Services Inc)