Common use of Net Sale Proceeds Clause in Contracts

Net Sale Proceeds. The proceeds realized by the Partnership upon the sale, exchange or other disposition of all or any substantial part of the Partnership property, net of expenses incident to such sale, the payment of any Partnership indebtedness secured by or related to any such assets and satisfaction of any right of any creditor of the partnership (other than a Partner) to receive such proceeds.

Net Sale Proceeds. The proceeds realized by the Partnership upon ----------------- the sale, exchange or other disposition of all or any substantial part of the Partnership property, net of expenses incident to such sale, the payment of any Partnership indebtedness secured by or related to any such assets and satisfaction of any right of any creditor of the partnership (other than a Partner) to receive such proceeds.

Net Sale Proceeds. The proceeds realized by the Partnership upon the sale, exchange or other disposition sale of all or any substantial part of the Partnership propertyasset, net of expenses incident to such sale, the payment of any Partnership indebtedness secured by or related to any such assets asset and satisfaction of any right of any other creditor of the partnership Partnership (other than on account of a PartnerPartners' Loan or Partners' Priority Loan) or any tenant to receive such proceedsproceeds or a portion thereof for repayment of indebtedness or as additional interest.

Net Sale Proceeds. The proceeds realized by the Partnership Company upon the sale, exchange or other disposition sale of all or any substantial part of the Partnership propertyany Company asset, net of expenses incident to such sale, the payment of any Partnership Company indebtedness secured by or related to any such assets asset and satisfaction of any right of any creditor of the partnership (other than a Partner) Company to receive such proceeds.