Common use of Net Offering Proceeds Clause in Contracts

Net Offering Proceeds. The gross cash proceeds received by the Borrower or any Guarantor as a result of a Debt Offering or an Equity Offering less the customary and reasonable costs, fees, expenses, underwriting commissions and discounts incurred by the Borrower or such Guarantor in connection therewith.

Appears in 3 contracts

Samples: Unsecured Master Loan Agreement (Ramco Gershenson Properties Trust), Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust), Secured Master Loan Agreement (Ramco Gershenson Properties Trust)

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Net Offering Proceeds. The total gross cash proceeds received by the Borrower or any Guarantor of its Subsidiaries as a result of a Debt Offering or an Equity Offering or as a result of receipt of any contribution of capital less the customary and reasonable costs, fees, expenses, underwriting commissions expenses and discounts incurred paid by the Borrower or such Guarantor Subsidiary in connection therewith.

Appears in 1 contract

Samples: Credit Agreement (New Senior Investment Group Inc.)

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Net Offering Proceeds. The gross cash proceeds received by the Borrower or any Guarantor as a result of a Debt Offering or an Equity Offering less the customary and reasonable costs, fees, expenses, underwriting commissions and discounts incurred by the Borrower or such Guarantor in connection therewith. Non-Consenting Bank. See Section 18.9. Notes. The Term Loan Notes, if any. Notice. See Section 19.

Appears in 1 contract

Samples: Unsecured Term Loan Agreement (Ramco Gershenson Properties Trust)

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