Excess Net Proceeds definition

Excess Net Proceeds has the meaning set forth in Section 2.11(c).
Excess Net Proceeds shall have the meaning set forth in Section 6.4(b)(vii) hereof.
Excess Net Proceeds means, with respect to any Liquidity Event, the excess, if any, of the Net Proceeds of such Liquidity Event over the sum of the payments permitted to be made pursuant to Section 7.1(b) with respect to such Liquidity Event.

Examples of Excess Net Proceeds in a sentence

  • All Net Proceeds and the Net Proceeds Deficiency not required to be made available for a Restoration pursuant to this Section 6.4 and any Excess Net Proceeds required to be applied in accordance with subclause (B) of Section 6.4(b)(vii) hereof (as applicable, a “Net Proceeds Prepayment”) shall be applied by Lender to the payment of the Debt in accordance with Section 2.4.2 hereof.


More Definitions of Excess Net Proceeds

Excess Net Proceeds means Net Cash Proceeds of any Asset Sale not applied in accordance with clause (iii)(x) or (y) of the first paragraph of Section 4.16.
Excess Net Proceeds has the meaning provided in Section 7.6(g).
Excess Net Proceeds means an amount equal to the Net Proceeds minus the Aggregate Company SARs/Option Holder Closing Date Payment; provided, that if number resulting from such calculation is negative, the Excess Net Proceeds shall be deemed to be zero.
Excess Net Proceeds means, with respect to any Subsidiary Dissolution made pursuant to Section 8.3(a)(ii) or any Asset Disposition made pursuant to Section 8.3(c)(vii), the Net Proceeds of such Subsidiary Dissolution or Asset Disposition, as applicable, which, together with the Net Proceeds of all other dissolutions, liquidations or windings up pursuant to Section 8.3(a)(ii) for the period from February 1, 1998 through and including the date of such Subsidiary Dissolution or Asset Disposition, as applicable, and the Net Proceeds of all other sales, leases, transfers or other dispositions pursuant to Section 8.3(c)(vii) for the period from February 1, 1998 through and including the date of such proposed Subsidiary Dissolution or Asset Disposition, as applicable, exceed 30% of the Book Value of the Consolidated Subsidiaries as of the most recent Calculation Date preceding such Subsidiary Dissolution or Asset Disposition, as applicable, with respect to which the Agent shall have received the Required Financial Information.
Excess Net Proceeds. Section 1(k)(i) “FTI HK” Section 55(bb)
Excess Net Proceeds means, with respect to any Transfer of Property, the Net Proceeds from such Transfer to the extent attributable to Property transferred in excess of the limitation imposed by the provisions of the introductory paragraph of paragraph 6B(6).
Excess Net Proceeds is defined in Section 6.2(E).