Excluded Disposal Proceeds definition

Excluded Disposal Proceeds means any Disposal Proceeds:

Excluded Disposal Proceeds means any CB Disposal Proceeds Replenishment Amount and the proceeds of any Disposal of:

Excluded Disposal Proceeds means Disposal Proceeds which have been derived from a Disposal permitted by Clause 22.28 (Intra-Group transactions) or of a type described in paragraphs (a) or (b) or (c) (but only if and to the extent that such Disposal is in exchange for other Cash Equivalent Investments) of the definition of Permitted Disposal.

Examples of Excluded Disposal Proceeds in a sentence

• Pending the giving of any notice or expiry of any specified period (as set out in the relevant definition of Excluded Acquisition Proceeds, Excluded Disposal Proceeds or Excluded Insurance Proceeds), relevant proceeds in respect of which the Borrower has not complied with clause 8.4.1(a) shall be paid into the Holding Account.

• MOTION CARRIEDAyes X X XX X X X X X X Positions ( Tabled on 12/17/2012)Dr. Ayalon made a motion to remove the item from the table and refer it back to the Policy Committee Meeting.

• Where Excluded Disposal Proceeds are intended to be used for a specific purpose within a specified period, the Company shall ensure that those amounts are used for that purpose and, if requested to do so by the Agent, shall promptly deliver a certificate to the Agent at the time of such application and at the end of such period confirming the amount (if any) which has been so applied within the requisite time periods provided for in the relevant definition.

• The Parent and each Borrower further irrevocably authorise the Agent to so apply amounts credited to the Holding Account whether or not the periods detailed in the definitions of Excluded Insurance Proceeds and/or Excluded Disposal Proceeds have elapsed since receipt of those proceeds if a Default has occurred and is continuing.

• The Borrower further irrevocably authorises the Agent to so apply amounts credited to the Holding Account in respect of Excluded Disposal Proceeds to be applied in replacement of assets whether or not 180 days have elapsed since receipt of those proceeds if a Default has occurred and is continuing.

More Definitions of Excluded Disposal Proceeds

Excluded Disposal Proceeds means the Net Proceeds received by any member of the Group (including any amount received in repayment of Intercompany debt) for any Disposal made by any member of the Group in connection with:

Excluded Disposal Proceeds means any Net Cash Proceeds (a) realized from a Permitted Sale and Leaseback Transaction under clause (a)(i) of the definition thereof, (b) received from Dispositions of scrap materials in an amount up to $10,000,000 in the aggregate and (c) received from a Disposition of the Beaumont Facility in an amount up to $10,000,000.

Excluded Disposal Proceeds means the proceeds of a Disposal from a Permitted Disposal or Permitted Transaction unless such proceeds are to be used to repay or prepay Financial Indebtedness under the Bank Facilities Agreement or a Permitted Refinancing Agreement at any time when a Default or Event of Default exists.

Excluded Disposal Proceeds means the proceeds of (a) any Disposal which a Borrower notifies the Facility Agent will be applied for the replacement and/or reinstatement of its assets within 6 months after actual receipt of such proceeds; or (b) any Disposal in the Borrower’s ordinary course of business.

Excluded Disposal Proceeds has the meaning given to it in Clause 7.5 (Mandatory Prepayment).

Excluded Disposal Proceeds means any Disposal Proceeds which the Facility Agent agrees in writing comprises Excluded Disposal Proceeds; Excluded Insurance Proceeds means Insurance Proceeds received by a member of the Net1 Group:

Excluded Disposal Proceeds means any proceeds of any Disposal which is or which are: