Expected Proceeds definition

Expected Proceeds means, as of any date, the aggregate proceeds that would be expected to be received by a holder of securities from the sale of such securities in an offering made on such date (without being reduced by any pro forma expenses or underwriting discounts). The determination of Expected Proceeds shall be made (a) if the offering is intended to be made in an underwritten public offering, then by the intended managing underwriter of such offering or (b) if the offering is not intended to be made in an underwritten public offering, then by investment bankers mutually agreeable to the Company and the Holder, the fees and expenses of which shall be paid by the Company.
Expected Proceeds has the meaning set forth in Section 4.01(b)(x).

Examples of Expected Proceeds in a sentence

  • In the case of such Demand Registration, the Holder must request registration of Registrable Securities representing not less than such number of Registrable Securities the Expected Proceeds of which, on the date of the aforementioned written request, would equal at least $100 million unless such registration request is for all remaining Registrable Securities.

  • Expected Federal Refund $ 1,640.00 Less BANK Refund Processing Service Fee $ 34.99 Less TurboTax Fees $ 39.99 Less Additional Products and Services Purchased $ Expected Proceeds* $ 1,565.02*These charges are itemized.

  • Air Canada on October 14, 2016 announced that it has opened a Maple Leaf Lounge at Newark Liberty International Airport.

  • Ms. Snow stated that since the Conservation Commission no longer acts as an advisory to the combined P&Z and Inland/Wetlands Board, she is free to get involved with more conservation projects.

  • By: /s/ Xxxx Xxxxx Name: Xxxx Xxxxx Title: CEO Number of Firm Shares to be Sold: 3,286,385 Number of Option Shares to be Sold: 492,957 Public Offering Price: $10.65 per Share Underwriting Discount: $0.57560 per Share Expected Proceeds to the Company (before underwriting discount and expenses): Approximately $40.25 million (assuming sale of Option Shares in full) None.

  • Expected Federal Refund $ Less Processor Refund Processing Fee $ Less TurboTax Fees $ Less Additional Products and Services Purchased $ Expected Proceeds* $ *These charges are itemized.

  • Expected Federal Refund $ 2,214.00 Less Processor Refund Processing Fee $ 34.99 Less TurboTax Fees $ 71.98 Less Additional Products and Services Purchased $ 44.99 Expected Proceeds* $ 2,062.04* These charges are itemized.

  • In the case of any Demand Registration, the Initiating Holders must request registration of Registrable Securities representing not less than such number of Registrable Securities the Expected Proceeds of which, on the date of the aforementioned written request, would equal at least $25 million.

Related to Expected Proceeds

  • Qualified Proceeds means assets that are used or useful in, or Capital Stock of any Person engaged in, a Permitted Business; provided that the fair market value of any such assets or Capital Stock shall be determined by the Board of Directors of the Company in good faith.

  • Declined Proceeds has the meaning assigned to such term in Section 2.11(b)(v).

  • Excluded Proceeds means, with respect to any Asset Sale or Casualty Event, the sum of, (1) any Net Proceeds therefrom that constitute Declined Proceeds and (2) any Net Proceeds therefrom that otherwise are waived by the Required Facility Lenders from the requirement to be applied to prepay the applicable Term Loans pursuant to Section 2.05(2)(b).

  • Bond Proceeds means the proceeds from the sale of bonds, notes, and other obligations issued by a district, and reserves and funds maintained by a district for debt service purposes.

  • Escrowed Proceeds means the proceeds from the offering of any debt securities or other Indebtedness paid into an escrow account with an independent escrow agent on the date of the applicable offering or Incurrence pursuant to escrow arrangements that permit the release of amounts on deposit in such escrow account upon satisfaction of certain conditions or the occurrence of certain events. The term “Escrowed Proceeds” shall include any interest earned on the amounts held in escrow.

  • Net Casualty Proceeds means, with respect to any Casualty Event, the amount of any insurance proceeds or condemnation awards received by the Borrower or any of its U.S. Subsidiaries in connection with such Casualty Event (net of all collection or similar expenses related thereto), but excluding any proceeds or awards required to be paid to a creditor (other than the Lenders) which holds a first priority Lien permitted by clause (d) of Section 7.2.3 on the property which is the subject of such Casualty Event.

  • Noncash proceeds means proceeds other than cash proceeds.

  • Cash Proceeds means proceeds that are money, checks, deposit accounts, or the like.

  • Recovery Event any settlement of or payment in respect of any property or casualty insurance claim or any condemnation proceeding relating to any asset of any Group Member.

  • Net Cash Proceeds with respect to any issuance or sale of Capital Stock, means the cash proceeds of such issuance or sale net of attorneys' fees, accountants' fees, underwriters' or placement agents' fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Net Condemnation Proceeds The Condemnation Proceeds received with respect to any Mortgage Loan or Serviced Companion Loan (including an REO Mortgage Loan or REO Companion Loan) net of the amount of (i) costs and expenses incurred with respect thereto and (ii) amounts required to be applied to the restoration or repair of the related Mortgaged Property; provided that, in the case of an Outside Serviced Mortgage Loan, “Net Condemnation Proceeds” under this Agreement shall be limited to any related Condemnation Proceeds that are received by the Trust Fund in connection with such Outside Serviced Mortgage Loan, pursuant to the allocations set forth in the related Co-Lender Agreement.

  • Net Disposition Proceeds means, with respect to any sale, transfer or other disposition of any assets of the Borrower, any Parent Guarantor or any of their respective Subsidiaries (other than sales permitted pursuant to clause (a), (b) or (c) of Section 7.2.9), the excess of

  • Deferred Net Cash Proceeds shall have the meaning provided such term in the definition of Net Cash Proceeds.

  • Casualty Proceeds means, with respect to any Casualty Event, the amount of any insurance proceeds or condemnation awards received by the Borrower, any Parent Guarantor or any of their respective Subsidiaries in connection therewith, but excluding any proceeds or awards required to be paid to a creditor (other than the Lenders) which holds a first-priority Lien permitted by Section 7.2.3 on the property which is the subject of such Casualty Event.

  • Retained Declined Proceeds has the meaning specified in Section 2.05(b)(v).

  • Sale Proceeds All proceeds (excluding accrued interest, if any) received with respect to Assets as a result of sales of such Assets in accordance with the restrictions described in Article XII less any reasonable expenses incurred by the Collateral Manager, the Collateral Administrator or the Trustee (other than amounts payable as Administrative Expenses) in connection with such sales. Sale Proceeds will include Principal Financed Accrued Interest received in respect of such sale.

  • REO Disposition Proceeds All amounts received with respect to an REO Disposition pursuant to Section 4.16.

  • Net Proceeds Deficiency shall have the meaning set forth in Section 6.4(b)(vi) hereof.

  • Disposition Proceeds means, with respect to each Non-Program Vehicle, the net proceeds from the sale or disposition of such Non-Program Vehicle to any Person (other than any portion of such proceeds payable by the Lessee thereof pursuant to the Lease).

  • Asset Sale Proceeds means, with respect to any Asset Sale,

  • Loss Proceeds means, collectively, all Insurance Proceeds and all Condemnation Proceeds.

  • Subject Proceeds has the meaning assigned to such term in Section 2.11(b)(ii).

  • Investment Proceeds means, with respect to any Determination Date, all interest and other investment earnings (net of losses and investment expenses) on funds on deposit in the Series 1996-1 Accounts, together with an amount equal to the Series 1996-1 Allocation Percentage of the interest and other investment earnings on funds held in the Collection Account credited as of such date to the Collection Account pursuant to Section 4.02 of the Agreement.

  • Net Loss Proceeds means, with respect to any Event of Loss, the proceeds in the form of (a) cash or Cash Equivalents and (b) insurance proceeds, condemnation awards or damages awarded by any judgment, in each case received by the Company from such Event of Loss net of:

  • Retained Asset Sale Proceeds shall have the meaning provided in Section 10.4.

  • Condemnation Proceeds All awards or settlements in respect of a Mortgaged Property, whether permanent or temporary, partial or entire, by exercise of the power of eminent domain or condemnation, to the extent not required to be released to a Mortgagor in accordance with the terms of the related Mortgage Loan Documents.