Examples of Cash from Sales in a sentence

Except as otherwise specifically provided herein, no Partner shall have priority over any other Partner as to: (i) the return of such Partner’s Capital Contribution or Capital Account; (ii) such Partner’s share of Profits and Losses; or (iii) such Partner’s share of distributions of Cash From Operations and Cash From Sales.
Net Cash From Sales or Refinancings" means the net cash proceeds from all sales and other dispositions (other than in the ordinary course of business) and all refinancings of Property, less any portion thereof used to establish reserves, all as determined by the Manager.
Prior to the occurrence of any event specified in Section 9.1, and subject to availability of funds, applicable law, and any limitations contained elsewhere in this Agreement, Net Cash From Operations and Net Cash From Sales or Refinancings may be distributed at such times and in such amounts as may be approved by the Manager, to Common Members in proportion to their respective Percentage Interests.
Except as otherwise provided in Article VII hereof, Net Cash From Sales or Refinancings may be distributed, at such times as a Majority in Interest of the Class A Common Members may determine, to the Unit Holders in accordance with their respective Profits and Losses percentages set forth beside their names on Schedule A.

More Definitions of Cash from Sales

Cash from Sales means the net cash proceeds from all sales and other dispositions (other than in the ordinary course of business) of all or any portion of the Anadarko Contributed Assets, less the portion thereof used to pay Company expenses or establish any reasonable reserves for future Company expenses or expenditures (including, without limitation, Taxes and Maintenance Capital Expenditures, but excluding Expansion Capital Expenditures), all as determined by the Managing Member, provided, however, “Cash From Sales” will be increased by any reduction in reserves previously established with respect to “Cash From Sales.” “Cash From Sales” will include all principal and interest payments with respect to any note or other obligation received by the Company in connection with sales and other dispositions (other than in the ordinary course of business) of the Anadarko Contributed Assets.

Cash from Sales means the net cash proceeds realized by the Company from the sale, exchange or other disposition of any of its Assets after deduction of all expenses incurred in connection therewith. Cash from Sales shall not include Cash from Financings. Cash from Sales and Financings means Cash from Sales plus Cash from Financings.

Cash from Sales. Net cash proceeds realized by CWI from the sale, exchange or other disposition of any of its Investments after deduction of all expenses incurred in connection therewith. Cash from Sales shall not include Cash from Financings.

Cash from Sales means the cash received by the Partnership as a result of a Sale or refinancing, reduced by: (i) all debts and liabilities of the Partnership required to be paid as a result of the Sale, whether or not then payable (including any liabilities on an item of Equipment sold that are not assumed by the buyer and any remarketing fees required to be paid to Persons who are not Affiliates of the General Partner) and (ii) any amounts set aside as Reserves to the extent deemed reasonable by the General Partner. If the Partnership takes back a promissory note or other evidence of indebtedness in connection with any Sale, the amount of such obligations shall not be included in Cash From Sales and all payments subsequently received in cash by the Partnership with respect to such note or other evidence of indebtedness shall be included in Cash From Sales only upon receipt, irrespective of the treatment of such payments by the Partnership for tax or accounting purposes. If the Partnership has the right to retain insurance proceeds in connection with the damage or loss of Equipment, such proceeds shall be treated as Cash From Sales.

Cash from Sales means the cash received by the Partnership as a result of a Sale reduced by (a) all Indebtedness of the Partnership required to be paid as a result of the Sale, whether or not then payable (including, without limitation, any liabilities on an Investment sold that are not assumed by the buyer and any remarketing fees required to be paid to Persons who are not Affiliates of the GP), (b) any accrued but previously unpaid Management Fees to the extent then payable, (c) any Reserves to the extent deemed reasonable by the GP and (d) all assets and expenses incurred in connection with such Sale. In the event the Partnership takes back a promissory note or other evidence of Indebtedness in connection with any Sale, all payments subsequently received in cash by the Partnership with respect to such note shall be included in Cash From Sales upon receipt, irrespective of the treatment of such payments by the Partnership for tax or accounting purposes. If, in payment for an Investment sold, the Partnership receives purchase money obligations secured by liens on such Investment, the amount of such obligations shall not be included in Cash From Sales until and to the extent the obligations are realized in cash, sold or otherwise disposed of.

Cash from Sales means the net cash proceeds realized by the Partnership (after deduction of brokerage commissions and all other related expenses) from the sale, exchange, condemnation or other disposition of any of its assets and any insurance proceeds received by the Partnership from any insurance policy insuring against physical damage to Partnership assets, after deduction of all expenses incurred in connection therewith and payment of any underlying indebtedness related to the assets sold or disposed of, less such amounts for working capital reserves as the Managing General Partner deems reasonably necessary for future Partnership operations and plus any cash released from such reserves.