Exit Proceeds definition

Exit Proceeds means the net proceeds available for distribution to the Members of Parent II LLC at any time that a distribution is made pursuant to the Parent II LLC Agreement in respect of Operating Units or Value Units, as the case may be, following the return of all unreturned “Capital Contributions” (as defined in the Parent II LLC Agreement).

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Exit Proceeds means, in respect of an Investee Company, the proceeds arising from an Exit Event and attributable to an Investor;

Exit Proceeds means the net proceeds realized by the Company from (i) an Exit Event, (ii) sale of WMG Fractional Shares underlying a Unit pursuant to a Tag-Along Right under Section 10.7(a), (iii) sale of WMG Fractional Shares underlying a Unit in or following an Initial Public Offering of WMG Common Stock or (iv) cash or other dividends or distributions paid on WMG Common Stock other than Dividend Proceeds, in each case, that are available for distribution (in cash or in kind) by the Company, as determined by the Managing Member.

Examples of Exit Proceeds in a sentence

The Managing Member will determine in good faith the extent to which any distribution is made from Dividend Proceeds or Exit Proceeds.
Subject to Articles X and XI and Section 6.1(d), Exit Proceeds will be apportioned among the Class A Units and Class B Units (including unvested Class B Units) held by the Members.
Subject to Articles X and XI, Exit Proceeds will be apportioned among the Class A Units and Class B Units (including unvested Class B Units) held by the Members.
By way of example only: if the Ratio Value of the Targeted Business Activity is 20% of the overall value of the entire business activity which is the subject matter of the Exit Event, then Yissum shall be entitled to receive 1% of 20% of the Exit Net Proceeds, i.e., 0.2% of the Net Exit Proceeds.
By way of example only: if the Ratio Value of the Targeted Business Activity is 20% of the overall value of the entire business activity which is the subject matter of the Exit Event, then BIRAD shall be entitled to receive 1.25% of 20% of the Net Exit Proceeds.

More Definitions of Exit Proceeds

Exit Proceeds means the sum of the proceeds of the term loan portion of the Exit Financing Facility and the principal amount of the New LINC Notes, after reducing such sum by the Excess Cash Reduction. In no event shall the Exit Proceeds be less than $875,000,000.00.

Exit Proceeds means proceeds received by the Issuer, or distributed to the Issuer, as the case may be, as consideration in connection with the Exit less all fees, costs and expenses, stamp, registration and other taxes incurred in connection with the Exit or the Exit Agreement, if any. Exit Proceeds shall not constitute Other Proceeds.

Exit Proceeds means, in the case of an Exit, the surplus assets and retained profits of the Company and available for distribution amongst the shareholders;

Exit Proceeds means the distributable proceeds derived from:

Exit Proceeds means, collectively, the proceeds available from the Exit Financing Facility and the New Capital.

Exit Proceeds means any consideration, monetary or otherwise, including shares and other securities or goods, actually received by the Company or the Original Shareholders (as applicable), directly or indirectly in the framework, or as a result, of an Exit Event as referred to in 1.4.6 above, it being agreed that any non-monetary consideration shall be valued at its fair market value as determined by mutual agreement between the Parties and failing such agreement, according to the assessment of an independent appraiser to be selected by the Parties.

Exit Proceeds means the aggregate amount of any consideration paid, payable, distributed, and/or distributable to or on behalf of the Company or its Affiliates in connection with an Exit Transaction, whether in the form of cash, stock, debt securities, payouts based upon “earn-outs” or post-closing profit or other performance standards, special dividends undertaken as part of the transaction, reinsurance agreements or otherwise, including amounts placed in and paid out of escrow and the principal amount of all indebtedness of the Company and its Affiliates assumed by an acquirer of the assets of the Company or an Affiliate. Amounts paid into escrow and contingent payments in connection with any Exit Transaction shall be included as part of the Exit Proceeds,