Current Proceeds definition

Current Proceeds. All amounts received by the Partnership from an Investment other than Disposition Proceeds, net of Partnership Expenses, Management Fees and reserves therefor which are allocated to such proceeds in accordance with Sections 6.2 and 6.3(b) and (c).
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Current Proceeds means any Investment Proceeds received by the Partnership in respect of a Program Asset that are not attributable to a Realization event, including dividends, rents, or interest with respect to such Program Asset.
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Current Proceeds means income from an Investment other than Disposition Proceeds (such as interest and dividends), net of Partnership Expenses and reserves therefor allocable to such proceeds in accordance with Section 6.2(b).
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Examples of Current Proceeds in a sentence

  • Except as expressly set forth to the contrary below, all Current Proceeds shall be distributed to all Partners (other than Defaulting Partners) in the order and priority set forth in this Section 4.2(a).

  • The amount of any taxes paid by the Partnership or withheld from receipts of the Partnership that are allocable to a Partner from an Investment shall be determined in good faith by the General Partner, based upon the extent to which the payment or withholding of such taxes reduced Current Proceeds or Disposition Proceeds, as the case may be, otherwise distributable to such Partner (as determined by the General Partner in good faith) as provided herein.

  • During the Investment Period, the Partnership may distribute Disposition Proceeds, and shall distribute Current Proceeds, in accordance with this Article IV, it being expressly understood and agreed that any distributions of Disposition Proceeds made during the Investment Period are made at the sole discretion of the General Partner.

  • Any amount otherwise distributable to a Limited Partner pursuant to Sections 3.4 and 3.5 from the disposition of an Investment (or portion thereof) or that constitutes Current Proceeds may be retained by the Partnership during the Commitment Period and used for any purpose permissible under this Agreement.

  • The amount of any taxes paid by or withheld from receipts of the Partnership allocable to a Partner from an Investment shall be determined in good faith by the General Partner based upon the extent to which the payment or withholding of such taxes reduced Current Proceeds or Disposition Proceeds, as the case may be, otherwise distributable to such Partner as provided herein.

  • Such amounts shall be deemed to have been distributed to such Partner as Current Proceeds or Disposition Proceeds.

  • Subject to Section 3.4(g), Disposition Proceeds will be distributed as soon as practicable after receipt thereof and Current Proceeds will be distributed at least annually, provided such funds are available.


More Definitions of Current Proceeds

Current Proceeds means any amounts received by the Partnership from an Investment (other than Disposition Proceeds or reimbursement of expenses previously incurred), including, but not limited to any original issue discounts, interest income or dividends, origination, structuring and other administration income and revenues received from Portfolio Companies, net of Partnership Expenses and reserves for Partnership Expenses and liabilities, as determined by the General Partner.
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Current Proceeds means all funds held by the Note Trustee from time to time pursuant to the terms of this Note Indenture;
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Current Proceeds means interest and dividend income and operating cash flow, in each case to the extent that it is received from or attributable to an Investment or Temporary Investment, less any Partnership Expenses allocated thereto and paid therefrom, less any other HIGHLY CONFIDENTIAL & TRADE SECRET obligations of the Partnership allocated thereto (including the repayment of principal and interest on Partnership borrowings pursuant to Section 3.03 and required tax withholdings) and less reserves established by the General Partner pursuant to Section 4.08.
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Related to Current Proceeds

  • Casualty Proceeds means, with respect to any Casualty Event, the amount of any insurance proceeds or condemnation awards received by the Borrower, any Parent Guarantor or any of their respective Subsidiaries in connection therewith, but excluding any proceeds or awards required to be paid to a creditor (other than the Lenders) which holds a first-priority Lien permitted by Section 7.2.3 on the property which is the subject of such Casualty Event.

  • Proceeds all “proceeds” as such term is defined in Section 9-102(a)(64) of the New York UCC and, in any event, shall include, without limitation, all dividends or other income from the Investment Property, collections thereon or distributions or payments with respect thereto.

  • 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

  • Disposition Proceeds means, with respect to each Group I/II Non-Program Vehicle, the net proceeds from the sale or disposition of such Group I/II Eligible Vehicle to any Person (other than any portion of such proceeds payable by the Group I/II Lessee thereof pursuant to any Group I/II Lease).

  • Principal Proceeds With respect to any Collection Period or Determination Date, all amounts received by the Issuer during the related Collection Period that do not constitute Interest Proceeds and any other amounts that have been designated as Principal Proceeds pursuant to the terms of this Indenture.

  • Liquidation Proceeds Amounts, including Insurance Proceeds, received in connection with the partial or complete liquidation of defaulted Mortgage Loans, whether through trustee's sale, foreclosure sale or otherwise or amounts received in connection with any condemnation or partial release of a Mortgaged Property and any other proceeds received in connection with an REO Property, less the sum of related unreimbursed Servicing Fees and Advances.

  • Discount Proceeds means, with respect to any B/A, an amount (rounded upward, if necessary, to the nearest Cdn.$.01) calculated by multiplying (a) the face amount of such B/A by (b) the quotient obtained by dividing (i) one by (ii) the sum of (A) one and (B) the product of (x) the Discount Rate (expressed as a decimal) applicable to such B/A and (y) a fraction of which the numerator is the Contract Period applicable to such B/A and the denominator is 365, with such quotient being rounded upward or downward to the fifth decimal place and .000005 being rounded upward.

  • Insurance and Condemnation Proceeds shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • 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: