Net Proceeds. The Company will apply the net proceeds from the Offering and the sale of the Private Placement Warrants received by it in a manner consistent with the applications described under the caption “Use of Proceeds” in the Statutory Prospectus and the Prospectus.
Net Proceeds. To the extent that funds are available Manager shall remit the balances due to owner monthly.
Net Proceeds. To the extent that funds are available and after maintaining the cash contingency reserve amount as specified in Section 4(b), Broker shall transmit the cash balances to Owner or as otherwise directed by the client in writing. Net proceeds are defined as the amount after all costs and expenses are deducted by Broker from the gross proceeds from the Property. Broker typically generates owner statements and payments due at the end of the month. This payment schedule is not guaranteed. For example, if Tenant does not pay rent, this can delay Owner's payment.
Net Proceeds. To the extent that funds are available and after maintaining the cash contingency 40 reserve amount as specified in Section 3(b), Broker shall transmit the cash balances to Owner or as otherwise 41 directed by the client in writing. Net proceeds are defined as the amount after all costs and expenses are deducted 42 by Broker from the gross proceeds from the Property
Net Proceeds. The Company will apply the net proceeds received by it from the Offering and the sale of the Insider Warrants in a manner consistent with the applications described under the caption “Use of Proceeds” in the Disclosure Package and the Prospectus.
Net Proceeds. Net Proceeds constituting proceeds of a condemnation award, sale of land, or casualty insurance claim with respect to the Project shall be deposited in a special restoration account to be established and held by the Trustee for the Project and the Trustee upon receipt of Net Proceeds shall give written notice to the Authority of such event. Such amounts shall either be applied to the redemption of Bonds or the repair, replacement, restoration or rebuilding of the Project or part thereof as determined in accordance with this Section. Prior to the receipt of Net Proceeds by the Trustee, the Trustee shall first receive a written direction from the Borrower as to whether such proceeds shall be used to redeem the Bonds or to rebuild the Project as set forth in Section 5.4 of the Loan Agreement. Upon receipt of such written direction from the Borrower that such Net Proceeds will be used to redeem the Bonds, the Trustee shall notify the Authority and the Borrower shall cause the Net Proceeds to be paid to the Trustee no more than 30 days from the date that such Net Proceeds will be used to redeem the Bonds.
Net Proceeds. To the extent that funds are available and after maintaining the cash contingency reserve 44 amount as specified in Section 3(b), Broker shall transmit the cash balances to Owner monthly. 45
Net Proceeds. For each Haul Away Asset, Winning Bid less the sum of Success Fee, Tow & Miscellaneous Fees, and PP Costs equals Owner Net Proceeds.
Net Proceeds. For each Impound Asset, the sum of Winning Bid and Citizen Payments less the sum of Success Fee, Tow & Miscellaneous Fees, Owner/Citizen Storage Fees and PP Costs equals Owner Net Proceeds.
Net Proceeds. For each In Place Asset sold at auction, Winning Bid less Success Fee less PP Costs equals Owner Net Proceeds.
