Available Net Proceeds definition

Available Net Proceeds means the result obtained by multiplying the Net Proceeds of Permanent Financing by 0.75.
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Available Net Proceeds means any Net Proceeds received by Conseco or any of its Subsidiaries in connection with any Prepayment Event other than Exempt Covenant/Waterfall Amounts and Exempt Waterfall Amounts applied in the manner described in clause (b) of the definition of "Exempt Waterfall Amounts".
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Available Net Proceeds means (a) Net Proceeds minus (b) Net Proceeds used to prepay Term Loans and Term Obligations in accordance with the Term Credit Agreement.
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Examples of Available Net Proceeds in a sentence

  • No later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the Combined County Loan, an amount equal to the result obtained by multiplying the County Loan Prorata Percentage by the Available Net Proceeds.

  • No later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the HOME Loan, an amount equal to the result obtained by multiplying the County Net Proceeds Prorata Share by the Available Net Proceeds (the "Special Payment").

  • To the extent consistent with the regulations applicable to the MHP Loan and VHHP Loan, no later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the Loan, an amount equal to the result obtained by multiplying the County Additional Prorata Share by the Available Net Proceeds (the "Special County Loan Payment").

  • To the extent consistent with the regulations applicable to the MHP Loan, no later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the New HOME Loan, an amount equal to the result obtained by multiplying the County Additional Prorata Share by the Available Net Proceeds (the "Special County Loan Payment").

  • To the extent consistent with the regulations applicable to the AHSC Loan, no later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the HOME Loan, an amount equal to the result obtained by multiplying the County Additional Prorata Share by the Available Net Proceeds (the "Special County Loan Payment").

  • No later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the Loan, an amount equal to the Available Net Proceeds.

  • No later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the Combined County Loan, an amount equal to the result obtained by multiplying the County Special Repayment Prorata Percentage by the Available Net Proceeds (the "Special County Loan Payment").

  • No later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the Combined County Loan, an amount equal to the Available Net Proceeds (the "Special Loan Payment").

  • To the extent consistent with the regulations applicable to the AHSC HCD Loan, no later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the Loan, an amount equal to the result obtained by multiplying the County Additional Prorata Share by the Available Net Proceeds (the "Special County Loan Payment").


More Definitions of Available Net Proceeds

Available Net Proceeds means, in relation to any Relevant Event, such part of the Net Proceeds as the Borrower has effectively received.
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Available Net Proceeds means the net proceeds of sale from the disposal of all or part of the disposed investment by the Fund and income received by the Fund in respect of any investment made by the Fund
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Available Net Proceeds means, with respect to any Net Proceeds referred to in Section 5.08(d), 50% of such Net Proceeds.
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Available Net Proceeds means cash of the Company resulting from a sale of any or all of the assets of the Company net of the expenses of such sale, payment of liabilities and, pending resolution thereof, reserves for contingent liabilities arising from such sale.
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Available Net Proceeds has the meaning given by section 9.1;
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Available Net Proceeds means the excess of Net Proceeds over the amounts utilized to prepay the Note from Net Proceeds as required by Section 10 of the Stock Purchase Agreement. On the day that a Prepayment Event occurs, Purchaser shall pay over to Seller as a prepayment on the Extension Note, the lesser of the Available Net Proceeds related to such Prepayment Event and the principal and interest the outstanding on the Extension Note. Amounts received by Seller shall be applied first against accrued interest and the balance against the remaining principal outstanding. If any such payment shall be sufficient to pay the Extension Note in full, Seller shall on receipt of such payment, xxxx the Extension Note as cancelled and return the same to Purchaser. If such payment is not sufficient to pay the Extension Note in full, Seller shall, on receipt of a new Extension Note, in the form of Exhibit B in a principal amount equal to the outstanding principal after such payment, surrender to Purchaser the Extension Note then held by Seller.
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Related to Available Net Proceeds

  • Gross Proceeds means the aggregate purchase price of all Shares sold for the account of the Company through an Offering, without deduction for Organization and Offering Expenses.

  • Net Proceeds means the aggregate cash proceeds received by the Company or any of its Restricted Subsidiaries in respect of any Asset Sale (including, without limitation, any cash received upon the sale or other disposition of any non-cash consideration received in any Asset Sale), net of the direct costs relating to such Asset Sale, including, without limitation, legal, accounting and investment banking fees, and sales commissions, and any relocation expenses incurred as a result of the Asset Sale, taxes paid or payable as a result of the Asset Sale, in each case, after taking into account any available tax credits or deductions and any tax sharing arrangements, and amounts required to be applied to the repayment of Indebtedness, other than Indebtedness under a Credit Facility, secured by a Lien on the asset or assets that were the subject of such Asset Sale and any reserve for adjustment in respect of the sale price of such asset or assets established in accordance with GAAP.

  • Excess Proceeds With respect to any Liquidated Mortgage Loan, the amount, if any, by which the sum of any Liquidation Proceeds of such Mortgage Loan received in the calendar month in which such Mortgage Loan became a Liquidated Mortgage Loan, net of any amounts previously reimbursed to the Servicer as Nonrecoverable Advance(s) with respect to such Mortgage Loan pursuant to Section 3.11(a)(iii), exceeds (i) the unpaid principal balance of such Liquidated Mortgage Loan as of the Due Date in the month in which such Mortgage Loan became a Liquidated Mortgage Loan plus (ii) accrued interest at the Mortgage Interest Rate from the Due Date as to which interest was last paid or for which a Periodic Advance was made (and not reimbursed) up to the Due Date applicable to the Distribution Date immediately following the calendar month during which such liquidation occurred.

  • Available Cash means, with respect to any Quarter ending prior to the Liquidation Date:

  • Net Disposition Proceeds means, with respect to any sale, transfer or other disposition of any assets of the Borrower, any Parent Guarantor or any of their respective Subsidiaries (other than sales permitted pursuant to clause (a), (b) or (c) of Section 7.2.9), the excess of

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of:

  • Declined Proceeds has the meaning assigned to such term in Section 2.11(b)(v).

  • Qualified Proceeds means the fair market value of assets that are used or useful in, or Capital Stock of any Person engaged in, a Similar Business.

  • Sale Proceeds means the net proceeds from the sale and/or realisation of the Charged Assets (excluding any Charged Assets which comprise cash) by the Realisation Agent in accordance with the Conditions (after deduction therefrom by the Realisation Agent of its usual fees and any costs and expenses incurred in connection with the sale of such Charged Assets). 7. Additional Provisions: