Cumulative Proceeds definition

Cumulative Proceeds means the portion of the Subscription Amount that has been paid to the Company at the applicable time.
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Cumulative Proceeds means, as of any given date, the aggregate amount of Proceeds for all Dispositions from the Effective Date to such date.
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Cumulative Proceeds means the sum of (i) the aggregate cash consideration actually received (excluding any management, transaction or similar fees) by Genstar in connection with a Transaction, after taking into account all expenses, post closing adjustments; and (ii) the amount of cash dividends or other distributions that Genstar receives from the Company from time to time.
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Examples of Cumulative Proceeds in a sentence

  • The payments to which a holder shall be entitled pursuant to this Section 5.3 are referred to herein as “Registration Delay Payments”; provided that no Registration Delay Payments shall be required following the termination of the Reporting Period, and provided further that in no event shall the aggregate Registration Delay Payments accruing under this Section 5.3 exceed 4% of a holder’s Pro Rata Interest in the Cumulative Proceeds (i.e., corresponding to a total delay of five months).

  • Notwithstanding the foregoing, in the event of a QTE, the Cumulative Disposition Payment Amount shall be deemed to be equal to the greater of (x) the amount determined under the calculations set forth on Exhibit A hereto, and (y) the sum of (i) $50 million plus (ii) 1.5% multiplied by Cumulative Proceeds in excess of $500 million.

  • As to 50,000 shares covered by the Stock Option (the “Performance-Vested Option”), provided Executive remains employed by the Company through such date, the option shall vest and become exercisable on the date the Cumulative Proceeds received by Genstar equal or exceed two (2) times Genstar’s Investment.

  • Base Salary shall be subject, at any time or from time to time, to downward adjustment such that for each dollar of sale proceeds received by Employee (or on behalf of Employee) pursuant to sales or transfers of Employee Stock, Base Salary shall be reduced as follows: Downward adjustment = (Cumulative Proceeds from Sales of Employee Stock / $3,000,000) multiplied by Base Salary then in effect.

  • On the first business day of each month, Payee will calculate and report to Maker the Cumulative Proceeds and provide to Maker any calculations and supporting documents with respect to Cumulative Proceeds as Maker shall reasonable request.

  • The payments to which a holder shall be entitled pursuant to this Section ‎5.3 are referred to herein as “Registration Delay Payments”; provided that no Registration Delay Payments shall be required following the termination of the Reporting Period, and provided further that in no event shall the aggregate Registration Delay Payments accruing under this Section ‎5.3 exceed 4% of a holder’s Pro Rata Interest in the Cumulative Proceeds (i.e., corresponding to a total delay of five months).

  • For this purpose of determining Cumulative Proceeds transactions on Exhibit B are excluded from proceeds.

  • Maturity shall be the earlier of one-year (1) or upon the receipt of "Cumulative Proceeds" of $2,000,000 from equity or convertible debt financing transactions from any source.

  • Beginning on the Trading Day that Cumulative Proceeds equal or exceed the Initial Principal Amount, Payee shall notify the Maker of such fact, and provide to Maker any relevant calculations and supporting documents as Maker shall reasonable request and this Note shall be deemed to be satisfied and of no further force or effect.


More Definitions of Cumulative Proceeds

Cumulative Proceeds means the sum (without duplication) of (a) Realized Cumulative Proceeds and (b) Unrealized Proceeds. Realized Cumulative Proceeds shall mean the sum of (i) the aggregate fair market value of the consideration actually received by Tenaska in connection with one or more Transactions, after taking into account all expenses, post closing adjustments, and assuming exercise of all options and warrants to purchase equity securities of the Company outstanding as of the effective date of any such Transactions and (ii) the amount of cash dividends or other distributions and any management or similar fees Tenaska received from the Company from time to time. Unrealized Proceeds shall mean, with respect to an initial public offering of the Company’s, the JV’s, Parent’s or a Subsidiary’s equity securities pursuant
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Cumulative Proceeds has the meaning given in the Promote Agreement; "Deadlock" has the meaning given in Clause 20.1.1;‌‌
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Cumulative Proceeds means the cumulative proceeds from public and private sales by Payee of Conversion Shares.
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Related to Cumulative Proceeds

  • Available Proceeds means, with respect to a Liquidation Event or Enforcement Event, as of a particular day:

  • Cumulative Shared-Loss Payments means (i) the aggregate of all of the payments made or payable to the Assuming Bank under the Shared-Loss Agreements minus (ii) the aggregate of all of the payments made or payable to the Receiver under the Shared-Loss Agreements.

  • Cumulative Excess Cash Flow means the amount equal to the sum of Excess Cash Flow (but not less than zero for any Fiscal Year) for the Fiscal Year ending on December 31, 2022 and Excess Cash Flow (but not less than zero in any Fiscal Year) for each succeeding and completed Fiscal Year.

  • Net Available Proceeds means, with respect to any Asset Sale, the proceeds thereof in the form of cash or Cash Equivalents, net of

  • Principal Proceeds means, with respect to any Collection Period or the related Determination Date, all amounts received by the Borrower during such Collection Period that do not constitute Interest Proceeds, including unapplied proceeds of the Advances and any amounts received by the Borrower as equity contributions (howsoever designated).