Treatment of Proceeds. If the proceeds actually received by the General Partner in connection with an issuance of Securities by the General Partner are less than the gross proceeds of such offering, grant, award or issuance as a result of any underwriter’s discounts, commissions or other fees or expenses paid or incurred in connection with such offering, grant, award or issuance, then the General Partner shall be deemed to have made a Capital Contribution to the Partnership in the amount of the gross proceeds of such offering, grant, award or issuance and the Partnership shall be deemed simultaneously to have paid pursuant to Section 7.3(c) for the amount of such expenses.
Treatment of Proceeds. Except as set forth in Sections 2.9 and 4.4 hereof, all dividends, interest, distributions and all other interest or other earnings (which for the avoidance of doubt shall include any interest earned on the funds in the deposit account and any earnings on any Permitted Investments) of the Indemnification Collateral shall be released from the security interest created pursuant to this Agreement and Securities Intermediary shall promptly upon receipt thereof (i) credit to the Collateral Agent for distribution to the Pledgor as provided in the Pledge Agreement all such proceeds relating to the Pledge Collateral and (ii) deliver to Pledgor all such proceeds not relating to the Pledge Collateral.
Treatment of Proceeds. Equity Contributions made pursuant to Section 2.01(a) shall be deposited or transferred by the Sponsor as follows:
(i) The proceeds of each Project Cost Funding Contribution and each SFF Funding Contribution shall be transferred directly to the TrAILCo Operating Account.
(ii) The proceeds of any Completion Date Funding Contribution and any Default Funding Contribution shall be transferred directly to the TrAILCo Operating Account, provided that, if for any reason (including due to any Legal Requirement), such amount cannot be transferred to such account, the Sponsor shall cause such amount to be transferred to the Administrative Agent to be applied in accordance with Section 2.09(b) of the TrAILCo Credit Agreement. Notwithstanding that the Equity Contributions of the Sponsor may be transferred directly to the Administrative Agent, any and all Equity Contributions made by the Sponsor in accordance with the terms hereof shall be deemed to be Equity Contributions by the Sponsor (or its direct or indirect subsidiary) to the Borrower. Within 15 days following the end of each calendar month, the Sponsor shall provide the Administrative Agent written notice of any Equity Contributions made during such calendar month, including the amounts of such Equity Contributions. Except as provided herein, all Equity Contributions shall be made without set-off or counterclaim.
Treatment of Proceeds. Except as set forth in Sections 2.9 and 4.4 hereof, all dividends, interest, distributions, amounts received in respect of redemption and all other proceeds of the Indemnification Collateral shall be released from the security interest created pursuant to this Agreement and Securities Intermediary shall promptly upon receipt thereof (i) credit to the Collateral Agent for distribution to the Pledgor as provided in the Pledge Agreement all such proceeds relating to the Pledge Collateral and (ii) deliver to Pledgor all such proceeds not relating to the Pledge Collateral.
Treatment of Proceeds. (i)
(i) Not later than two (2) Business Days prior to each Equity Contribution Date, the Equity Investor shall notify the Collateral Agent whether it intends to fund all or any portion of its applicable Funding Contribution (such notice, a “Funding Notice”). If the Equity Investor elects to fund all or any portion of its Funding Contribution, it shall deposit such Funding Contribution in Dollars and immediately available funds directly into the relevant Project Account as set forth below in clause (ii) for application in accordance with such clause. If the Equity Investor funds a portion (but not all) of any Funding Contribution in Dollars, the Equity Investor shall notify the Collateral Agent which Equity Letters of Credit should be drawn to fund the balance of such Funding Contribution. If the Equity Investor does not pay any of its Funding Contribution in accordance with this Section 2.1(b)(i), the Collateral Agent shall draw upon the Equity Letters of Credit specified by the Equity Investor (provided, however, that if the Equity Investor has failed to notify the Collateral Agent as to which Equity Letters of Credit should be drawn on or prior to the applicable Equity Contribution Date, the Collateral Agent shall draw upon all Equity Letters of Credit on a Pro Rata Basis) in the amount of such Funding Contribution, and, on the applicable Equity Contribution Date, the Collateral Agent shall deposit the proceeds of such draw (or draws) into the relevant Project Account as set forth below in clause (ii) for application in accordance with such clause.
(ii) The proceeds of each Project Cost Funding Contribution, Default Funding Contribution and Date Certain Funding Contribution shall be deposited directly into the Construction Account and applied solely to the payment of Project Costs in accordance with Section 3.1 of the Depositary Agreement. The proceeds of each Term Conversion Date Funding Contribution shall be deposited directly into the Prepayment Account and applied to the prepayment of the Loans in accordance with Section 3.11(c) of the Depositary Agreement. Notwithstanding that the Equity Contributions of the Equity Investor shall be deposited directly into the Construction Account or the Prepayment Account, as applicable, the Equity Investor and the Borrower hereby agree that any and all Equity Contributions made by the Equity Investor in accordance with the terms hereof shall be deemed to be Equity Contributions by the Equity Investor (or its direc...
Treatment of Proceeds. (1) The Sec- retary of a military department shall deposit all amounts received pursuant to leases entered into by the Secretary under this section into a special account in the Treasury established for such military department.
(2) The proceeds deposited into the special ac- count of a military department pursuant to paragraph (1) shall be available to the Secretary of that military department, without further ap- propriation, for the maintenance, protection, al- teration, repair, improvement, or restoration of military housing on the military installation at which the housing leased pursuant to subsection (a) is located. (Added Pub. L. 110–417, div. B, title XXVIII, § 2804(a), Oct. 14, 2008, 122 Stat. 4720.) SUBCHAPTER III—ADMINISTRATION OF MILITARY CONSTRUCTION AND MILI- TARY FAMILY HOUSING Sec. 2851. Supervision of military construction projects. 2852. Military construction projects: waiver of cer- tain restrictions. 2853. Authorized cost and scope of work variations. 2854. Restoration or replacement of damaged or de- stroyed facilities.
Treatment of Proceeds. The Company intends to account for the gross proceeds raised from the transactions which is a subject of this Agreement as equity in its financial statements filed with the Commission so long as such treatment complies with with GAAP.
Treatment of Proceeds. If the proceeds actually received by AHR in connection with an issuance of Securities by AHR are less than the gross proceeds of such offering, grant, award or issuance as a result of any underwriter’s discounts, commissions or other fees or expenses paid or incurred in connection with such offering, grant, award or issuance, then AHR shall be deemed to have made a Capital Contribution to the Partnership in the amount of the gross proceeds of such offering, grant, award or issuance, and the Partnership shall be deemed simultaneously to have paid pursuant to Section 7.3 for the amount of such expenses actually incurred and paid by AHR, with such expenses allocated to the applicable class or series of Partnership Units or other securities corresponding to the Securities issued by AHR.
Treatment of Proceeds. If the proceeds actually received by Landwin REIT in connection with an issuance of Securities by Landwin REIT are less than the gross proceeds of such offering, grant, award or issuance as a result of any underwriter’s discounts, commissions or other fees or expenses paid or incurred in connection with such offering, grant, award or issuance, then Landwin REIT shall be deemed to have made a Capital Contribution to the Partnership in the amount of the gross proceeds of such offering, grant, award or issuance and the Partnership shall be deemed simultaneously to have paid pursuant to Section 7.3(c) for the amount of such expenses.
Treatment of Proceeds. (1) The Sec- retary of a military department shall deposit all
