Cash from Sales definition

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

Cash from Sales. Net cash proceeds realized by CPA: 17 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 net cash proceeds from all Capital Transactions, net proceeds received from litigation or compromise of claims in excess of One Hundred Thousand Dollars ($100,000) and net refinancing proceeds of Real Property debt less any portion thereof used to pay Guaranteed Payments and establish reserves, all as reasonably determined by the Board of Managers. Cash From Sales shall include all principal and interest payments with respect to any note or obligation received by the Company in connection with Sales and other dispositions of Real Properties.

Examples of Cash from Sales in a sentence

• As of any date, the Initial Investor Capital reduced by any Redemptions, other than Redemptions intended to qualify as a liquidity event for purposes of this Agreement, and by any other Distributions on or prior to such date determined by the Board to be from Cash from Sales and Financings.

• For the period for which the calculation is being made, the percentage resulting from dividing (A) the total Distributions for such period (not including Distributions out of Cash from Sales and Financings), by (B) the product of (i) the average Adjusted Investor Capital for such period (calculated on a daily basis), and (ii) the number of years (including fractions thereof) elapsed during such period.

• For the period for which the calculation is being made, the percentage resulting from dividing (A) the total Distributions paid on each Distribution date during such period (without regard to Distributions paid out of Cash from Sales and Financings), by (B) the product of (i) the average Invested Capital for such period (calculated on a daily basis), and (ii) the number of days elapsed during such period.

• For the period for which the calculation is being made, the percentage resulting from dividing (A) the total Dividends paid on each Dividend payment date during such period (not including Dividends paid out of Cash from Sales and Financings), by (B) the product of (i) the average Adjusted Investor Capital for such period (calculated on a daily basis), and (ii) the number of years (including fractions thereof) elapsed during such period.

• As of any date, the Initial Investor Capital for such date reduced by any distributions on or prior to such date deemed by the Board to be from Cash from Sales and Financings, but only to the extent such distributions exceed the amount necessary to satisfy any accrued but unpaid portion of the Preferred Return not satisfied by distributions of cash generated through operations through the date Cash from Sales or Financings are distributed by the Company.

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 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.

Cash from Sales means the net Cash realized by the Partnership from a Capital Event (including principal and interest payments from any note or other obligation received by the Partnership in connection with a Capital Event), from any refinancing of Partnership property, or from insurance proceeds from an extraordinary event, in each case, after retirement of debt, after subtracting all Expenses related to the transaction and after making an allowance for reserves for repairs, replacements, contingencies and anticipated obligations (including debt service, lost rent, and costs of improvements).

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 net cash proceeds realized by the Partnership from the sale, exchange or other disposition

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 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), (b) the Subordinated Remarketing Fee (to the extent permitted to be paid at the time pursuant to Section 6.4(f) of this Agreement), (c) any accrued but previously unpaid Management Fees to the extent then payable, (d) any Reserves to the extent deemed reasonable by the General Partner and (e) all 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 Equipment sold, the Partnership receives purchase money obligations secured by liens on such Equipment, 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.