Designated Proceeds definition

Designated Proceeds means, collectively, any Net Accrued Unrecognized Incentive and not less than 85% of the Net Cash Proceeds from any Asset Sales (“Asset Sale Designated Proceeds”).

Designated Proceeds means the amount of net cash proceeds received by the Company from each issuance or sale since the Issue Date of mandatorily convertible preferred stock of the Company (other than Disqualified Stock), that at the time of such issuance was designated by the Company as “Designated Proceeds” pursuant to an Officer’s Certificate delivered to the Trustee; provided, however, that if the mandatorily convertible preferred stock providing such Designated Proceeds is thereafter converted into common stock of the Company, that portion of the Designated Proceeds that has not been paid as dividends pursuant to clause (x) of the second paragraph of Section 4.07 hereof will no longer be considered to be Designated Proceeds.

Designated Proceeds is defined in Section 6.2.2(a).

Examples of Designated Proceeds in a sentence

• Any funds provided by the Developer pursuant to this Section 3 shall not be reimbursed by the Partnership, nor create any liability on behalf of the Partnership to the Developer, except that the Developer may be reimbursed for such items from Designated Proceeds.

• Th e Owner shall advance to the Developer the Designated Proceeds immediately upon receipt from the Paris h of Jefferson, Departmen t o f Community Development Programs .

• Capitalized terms used in this Agreement an d not otherwis e define d herein shall have th e meanings specified below: "Construction Contract" mean s the contrac t b y and between th e Develope r and Xxxxxx Construction Company dated January , 200L "Designated Proceeds " mean s the HOM E fund s receive d by the Owne r whic h shall be dedicated to the Project.

• For its services in connection with the development of the Apartment Complex and the supervision of the construction of the Apartment Complex, the Developer and the Managing General Partner shall be entitled to receive, as and when the same is available from Designated Proceeds or any other source, but in no event later than , 20 , a fee (the "Development Fee) equal to $ .

• Upon receipt by or on behalf of the Corporation of any amount in connection with an HPN217 Licensing Transaction, the Corporation shall, to the maximum extent permitted by applicable Delaware law, redeem the maximum number of then-outstanding shares of Series A Preferred Stock that may be redeemed from the HPN217 Designated Proceeds (such redemption, the “HPN217 Licensing Transaction Redemption”) only out of funds legally available therefor.

More Definitions of Designated Proceeds

Designated Proceeds is defined in Section 8.3.

Designated Proceeds means the amount of net cash proceeds received by the Company from each issuance or sale since the Issue Date of mandatorily convertible preferred stock of the Company (other than Disqualified Stock), that at the time of such issuance was designated by the Company as Designated Proceeds pursuant to an officers’ certificate delivered to the trustee; provided, however, that if the mandatorily convertible preferred stock providing such Designated Proceeds is thereafter converted into common stock of the Company, that portion of the Designated Proceeds that has not been paid as dividends pursuant to clause (10) of Section 4.04(b) will no longer be considered to be Designated Proceeds.

Designated Proceeds means, at any time, an amount equal to the sum of (a) without duplication, the aggregate amount of net cash proceeds received by the Company from the issuance of Qualified Equity Interests to the Public Holdco (any such Qualified Equity Interests, “Designated Qualified Stock”), minus (b) the aggregate amount of all Restricted Payments made pursuant to Section 6.06(e) with the net cash proceeds of such Designated Qualified Stock.

Designated Proceeds. The term "

Designated Proceeds means as of the date of determination an amount equal to (a) an amount equal to the Net Cash Proceeds received in connection with the sale of an Identified Asset, less (b) the aggregate amount of all such Net Cash Proceeds applied in accordance with clause (i) of Section 4.11(c).

Designated Proceeds means contributions made to the common equity of the Issuer by its direct parent company (other than contributions made with the cash proceeds from financing activities of such direct parent company or from other equity contributions to such parent or from dividends or other distributions or payments received by such parent from Other Parent Subsidiaries that are unrelated to the businesses conducted by the Other Parent Subsidiaries on the Issue Date after giving effect to the Transactions) designated as Designated Proceeds pursuant to an Officer’s Certificate executed by the principal financial officer of the Issuer prior to delivery of the financial statements for the quarter in which such contributions were received.

Designated Proceeds means any proceeds of an Asset Sale that are to be reinvested pursuant to a Reinvestment Election to the extent such proceeds would, pursuant to the Senior Notes Indentures, have to be applied by the Borrower to make an offer to repurchase Senior Notes if, within 180 days from the later of the date of such Asset Sale or the receipt of such proceeds, such proceeds were not actually reinvested or used to repay senior secured Indebtedness.