Examples of Disposition Threshold in a sentence
Any Real Estate Asset Disposition Proceeds below the Real Estate Asset Disposition Threshold that the Co-Issuers have elected not to Reinvest in Eligible Assets within two (2) months prior to and/or within 365 days following of the disposition giving rise to such proceeds shall be deposited into the Collection Account and applied pursuant to the Priority of Payments set forth in Section 5.13(a).
Asset Disposition Threshold - $1,000,000 in the aggregate with respect --------------------------- to all Asset Dispositions occurring on or after July 28, 1999.
Any Real Estate Asset Disposition Proceeds below the Real Estate Asset Disposition Threshold that the Co-Issuers have elected not to Reinvest Reinvested within 365 days of the disposition giving rise to such proceeds shall be deposited into the Collection Account and applied pursuant to the Priority of Payments set forth in Section 5.13(a).
Within five (5) Business Days following the receipt by the Company or any of its Subsidiaries of any Extraordinary Receipts, to the extent that the aggregate amount of such Extraordinary Receipts received since the Closing Date exceeds the Disposition Threshold, the Borrower shall prepay the Loans and Incremental Prepayment Amounts in an aggregate amount equal to one hundred percent (100%) of such Extraordinary Receipts in excess of the Disposition Threshold.
Any Real Estate Asset Disposition Proceeds below the Real Estate Asset Disposition Threshold not Reinvested within 365 days of the disposition giving rise to such proceeds shall be deposited into the Collection Account and applied pursuant to the Priority of Payments set forth in Section 5.13(a).
Notwithstanding the foregoing, in the event of a Specified Disposition, the Net Cash Proceeds received by any Loan Party or its Subsidiaries in connection with such Specified Disposition in excess of the Specified Disposition Threshold Amount may be retained by the Loan Parties and not paid to the Administrative Agent as a prepayment of the Loans to the extent that such Net Cash Proceeds are applied in accordance with Section 2.05(c)(vi).