PROCEEDS OF SALES Sample Clauses

PROCEEDS OF SALES. The proceeds of any sale made under or by virtue of this Article III, together with all other sums which then may be held by Lender under this Security Deed, whether under the provisions of this Article III or otherwise, shall be applied as follows: (A) To the payment of the costs, fees and expenses of sale and of any judicial proceedings wherein the same may be made, including the cost of evidence of title in connection with the sale, compensation to Lender, and to the payment of all expenses (including reasonable attorneys' and paralegals fees and costs), liabilities and advances made or incurred by Lender under this Security Deed, together with interest on all advances made by Lender at the interest rate applicable under the Note, but limited to any maximum rate permitted by law to be charged by Lender; (B) To the payment of any and all sums expended by Lender under the terms hereof, not then repaid, with accrued interest at the Default Rate set forth in the Note, and all other sums (except advances of principal and interest thereon) required to be paid by Borrower pursuant to any provisions of this Security Deed, or the Note, or any note evidencing any Future Advance, or any of the Related Agreements, including, without limitation, all expenses, liabilities and advances made or incurred by Lender under this Security Deed or in connection with the enforcement thereof, together with interest thereon as herein provided; and (C) To the payment of the entire amount then due, owing or unpaid for principal and interest upon the Note, any notes evidencing any Future Advance, and any other obligation secured hereby, with interest on the unpaid principal at the rate set forth therein from the date of advancement thereof until the same is paid in full; and then (D) The remainder, if any, to the person or persons, including Borrower, legally entitled thereto.

PROCEEDS OF SALES. The proceeds of any sale under this Mortgage shall be applied in the following manner: (a) First, to payment of the costs and expenses of the sale, including but not limited to the Mortgagee’s reasonable fees, legal fees and disbursements, title charges and transfer taxes, and payment of all expenses, liabilities and advances of the Mortgagee, together with interest at the Default Rate on all advances made by the Mortgagee; (b) Second, to payment of all sums expended by the Mortgagee under the terms of this Mortgage and not yet repaid, together with interest on such sums at the Default Rate; (c) Third, to payment of the Obligations, including interest on the unpaid principal and interest due under the Note from the due date thereof, in any order that the Mortgagee chooses; and (d) Fourth, the remainder, if any, to the person or persons legally entitled thereto as directed by a court of competent jurisdiction.

PROCEEDS OF SALES. The proceeds of any sale made under or by virtue of this Article III, together with all other sums which then may be held by LENDER under this Security Deed, whether under the provisions of this Article III or otherwise, shall be applied as follows:

PROCEEDS OF SALES. Cafe Serendipity Holdings, Inc. will pay to mCig, Inc. the amount Net 10 days of the date of delivery to Cafe Serendipity Holdings, Inc. of the mCig Products. In the event of a failure to not provide payment, Cafe Serendipity Holdings, Inc. agrees to a lien on all mCig Products held by Cafe Serendipity Holdings, Inc. until such payment is met.

PROCEEDS OF SALES will pay to a portion of the sales proceeds which shall be calculated as follows: percent of the proceeds from the sale of the . The amount determined in the previous sentence shall be paid to in installment(s) on or before the day following the installment period in which the proceeds were obtained. With each net proceeds payment, will submit to

PROCEEDS OF SALES. Humboldt Bazaar, will pay Consignor a portion of the sales proceeds which shall be calculated as follows: 70% of the proceeds from the sale of the IIQ. The amount determined in the previous sentence shall be paid to Consignor within 10 business days after the IIQ is sold.

PROCEEDS OF SALES. The proceeds of the sale of Interest or Minerals under Sections 19.4 and 19.5 shall, after deduction of costs of enforcement of the security interest and the costs of sale, be applied by the Operator in payment of the amount due from the defaulting Participant and interest as aforesaid, and the balance remaining, if any, shall be paid to the defaulting Participant.

PROCEEDS OF SALES. _Baber Online Auctions__ will pay to _________________ a portion of the sales proceeds which shall be calculated as follows: 90 percent of the proceeds from the sale of the _________________. The amount determined in the previous sentence shall be paid to _________________ One time payment after the close of auction. With each net proceeds payment, _________________ will submit to _________________ a written report that sets forth the calculation of the amount of the net proceeds payment and the extent of current inventory.

PROCEEDS OF SALES. Wild Oats will pay to a portion of the sales proceeds which shall be calculated as follows: 30 percent of the proceeds from the sale of the Kid's Items (exclusive of taxes and credit card fees). The amount determined in the previous sentence shall be paid to via check or store credit if the item is sold.

PROCEEDS OF SALES. The Venturers agree that as each separate ------------------- parcel/lot of the Property is sold the proceeds will be applied as follows: first to the basis of Realm in all the developed or to be developed Properties; secondly, to any costs of Realm relating to the sale transaction; and thirdly to the incurred to date cost of development of all properties pursuant to the Development Agreement with Charys with the balance of any proceeds being Net Income.