Gross Proceeds of the Offering means the aggregate of the proceeds from the sale of Units in the Offering, which amount is equal to the total of all Capital Contributions of the Investors.

Gross Proceeds of the Offering or “Gross Offering Proceeds”: The aggregate total of the Original Invested Capital (i.e. Commitments) of the Members and Managers. “Gross Company Revenues” or “Gross Revenues to the Company” or “Gross Receipts” or “Gross Proceeds”: The total amount of all sums received by and belonging to the Company from any and all sources for Company activities, including, but not limited to: (i) all the revenues derived from distribution, exhibition and other exploitations of the Series and each Musical, along with all forms of contingent compensation paid to the Company as a result of the exploitation of the Series and each Musical in all markets and media; (ii) any and all ancillary incomes derived from exploitations of rights in the Series and Musicals, such as merchandising and commercial use products, (iii) from the exploitation of any rights in each Musical, including subsidiary rights, tours, films and other derivatives; or (iv) from the disposition of the physical assets of the Series and each Musical to the extent that such physical assets were acquired with Company funds and the return of any bonds or other recoverable items, and (v) interest if any, on the aforesaid sums. Notwithstanding the foregoing, “Gross Receipts”, etc. described in this paragraph, shall specifically exclude any and all revenues that might flow from subsequent seasons of the Series, from any spinoffs or sequels thereof and from any musicals or other productions emanating from or otherwise featured or displayed on, said subsequent seasons or versions of the Series; nor shall they include any monies due to be paid to any co-financing entity. (same as “Company Gross Revenues” and “Company Gross Receipts”). EXHIBIT 2 to Offering Circular/Opening Night Enterprises, LLC/Operating Agreement 6

Gross Proceeds of the Offering means the aggregate of the proceeds from the sale of Units in the Offering, which amount is equal to the total of all Capital Contributions of the Investors. "Increased Maximum Offering Amount" means the total amount of $38,500,000 in Gross Proceeds of the Offering. "Interest" or "Partnership Interest" means the entire ownership interest (which maybe segmented into and/or expressed as a percentage of various rights and/or liabilities) of a Partner in the Fund at any particular time, including the right of such Partner to any and all benefits to which a Partner may be entitled as provided in the Agreement and in the Act, together with the obligations of such Partner to comply with all the terms and provisions of this Agreement and of the Act. "Interest Income" means interest income under the Purchase Money Financing with respect to an installment or other deferred Sale. "Interest Income Cash" means Net Proceeds from a Sale attributable to an installment or other deferred Sale. "Interim Investments" means the short-term investments made with the Net Proceeds of the Offering until such Net Proceeds of the Offering are disbursed for acquisition of the Operating Partnership Interests. "Investor" means (i) any Person who holds an Assignee Unit and is reflected as an Investor on the books and records of the Fund, and (ii) any Investor who has been admitted to the Fund as a Substitute Limited Partner pursuant to Section 7.5 hereof. "Investment in Properties" means the amount of Capital Contributions used to make or invest in mortgage loans or the amount actually paid or allocated to the purchase and development of the Facilities or the Operating Partnership Interests (including the purchase of properties, working capital reserves allocable thereto (except that working capital reserves in excess of 5% shall not be included), and other cash payments such as interest and taxes but excluding Front-End Fees). "Limited Partner" means any Person who is designated as a Limited Partner on the books and records of the Fund at the time of reference thereto, in each such Person's capacity as a Limited Partner of the Fund. "Limited Partnership Interest" means the ownership interest of the Assignor Limited Partner and all other Limited Partners in the Fund. "Limited Partnership Interest Percentage" in respect of any Investor means the percentage obtained by converting to a percentage the fraction having the number of Assignee Units owned by such Investor as its numerator and ha...

Examples of Gross Proceeds of the Offering in a sentence

The Partnership shall initially set aside Working Capital Reserves for contingencies related to ownership of the Properties in an amount equal to at least 3% of the Gross Proceeds of the Offering.
The total of the fees owed to the General Partner and its Affiliates and described in (i), (ii) and (iii) above shall in no event exceed 13% of the Gross Proceeds of the Offering.
The Partnership shall initially set aside Working Capital Reserves for normal repairs, replacements, and contingencies in an amount equal to at least 4.0% of the Gross Proceeds of the Offering.
If the Gross Proceeds of the Offering do not equal or exceed the Minimum of the Valuation Range, then FLMHC may cancel the Offering and terminate this Plan, establish a new Valuation Range and extend, reopen or hold a new Offering, or take such other action as it deems to be reasonably necessary.
If the Gross Proceeds of the Offering do not equal or exceed the Minimum of the Valuation Range, then ACIC may cancel the Offering and terminate this Plan, establish a new Valuation Range and extend, reopen or hold a new Offering, or take such other action as it deems to be reasonably necessary.

More Definitions of Gross Proceeds of the Offering

Gross Proceeds of the Offering means the aggregate of the proceeds from the sale of Units in the Offering, which amount is equal to the total of all Capital Contributions of the Unitholders. "Guaranties of Timely and Lien-Free Completion" means those certain agreements to be entered into by the Partnership pursuant to which Benchmark Communities, Inc. and Daniel P. Riedel will guaranty xxx xxxxxx xxx lien-free completion of the development of each Property under the applicable Development Agreement. "Interest" or "Partnership Interest" means the entire ownership interest (which may be segmented into and/or expressed as a percentage of various rights and/or liabilities) of a Partner in the Partnership at any particular time, including the right of such Partner to any and all benefits to which a Partner may be entitled as provided in the Agreement and in the Act, together with the obligations of such Partner to comply with all the terms and provisions of this Agreement and of the Act. "Interest Income" means interest income under the Purchase Money Financing with respect to an installment or other deferred Sale.

Gross Proceeds of the Offering means the aggregate of Capital Investments with respect to Limited Partnership Interests received and retained by the Partnership from the offering contemplated by Section 8.3.

Gross Proceeds of the Offering means the aggregate public offering price of the Shares sold in the Offering (including Shares sold pursuant to any exercise of the over-allotment option granted to the underwriter in connection with the Offering), before taking into account any underwriting fees, offering expenses, sales loads or other such expenses.

Gross Proceeds of the Offering means the aggregate of the proceeds from the sale of Units in the Offering, which amount is equal to the total of all Capital Contributions of the Investors. "Increased Maximum Offering Amount" means the total amount of $100,000,000 in Gross Proceeds of the Offering. "Interest" or "Partnership Interest" means the entire ownership interest (which may be segmented into and/or expressed as a percentage of various rights and/or liabilities) of a Partner in the Partnership at any particular time, including the right of such Partner to any and all benefits to which a Partner may be entitled as provided in the Agreement and in the Act, together with the obligations of such Partner to comply with all the terms and provisions of this Agreement and of the Act. "Interim Investments" means the highly-liquid, short-term investments, including bank certificates of deposit, publicly-available money-market funds having assets in excess of $50,000,000 (including money-market funds managed by the General Partner or its Affiliates), short-term government obligations, bankers' acceptances, high grade commercial paper, GNMA or FNMA mortgage pass-through certificates or discount notes and similar investments as determined by the General Partner in its sole discretion, made with the Net Proceeds of the Offering until such Net Proceeds of the Offering are disbursed for acquisition of Properties or retained as Working Capital Reserves; provided, however, that such investments do not consist of deposits of funds with affiliated financial institutions or money market mutual funds unless such deposits (i) do not exceed five percent (5%) of all deposits held by such entity and do not require the payment of any fees by the Partnership, (ii) are not part of "compensating balance" arrangements for the benefit of other than the Partnership and (iii) earn interest or dividends at a rate competitive with those available from similar independent depositories. "Investor" means (i) any Person who holds an Assignee Unit and is reflected as an Investor on the books and records of the Partnership, and (ii) any Investor who has been admitted to the Partnership as a Substitute Limited Partner pursuant to Section 7.5 hereof. "Investment in Properties" means the amount of Capital Contributions actually paid or allocated to the purchase and development of the Properties (including the purchase of Properties, Working Capital Reserves allocable thereto (except that Working Capital Reserves in excess of ...

Gross Proceeds of the Offering means the aggregate of the proceeds from the sale of Units in the Offering, which amount is equal to the total of all Capital Contributions of the Investors. "Interest" or "Partnership Interest" means the entire ownership interest (which may be segmented into and/or expressed as a percentage of various rights and/or liabilities) of a Partner in the Partnership at any particular time, including the right of such Partner to any and all benefits to which a Partner may be entitled as provided in the Agreement and in the Act, together with the obligations of such Partner to comply with all the terms and provisions of this Agreement and of the Act. "Interim Investments" means the short-term investments made with the Net Proceeds of the Offering until such Net Proceeds of the Offering are disbursed for acquisition of Equipment. "Investment in Equipment" means the amount of Capital Contributions actually paid or allocated to the purchase, manufacture or renovation of Equipment (including the purchase of equipment, working capital reserves allocable thereto (except that working capital reserves in excess of 3% shall not be included), and other cash payments such as interest and taxes) but excluding Front-End Fees. "Investor" means (i) any Person who holds an Assignee Unit and is reflected as an Investor on the books and records of the Partnership, (ii) any Investor who has been admitted to the Partnership as a Substitute Limited Partner pursuant to Section 7.5 hereof and (iii) except where otherwise specifically provided to the contrary, the MNC Special Limited Partner. The term "Investor" shall not include the ABR Special Limited Partner. "Leasing Fees" means the total of all fees and commissions paid by any Person in connection with the initial lease of Equipment. "Limited Partner" means any Person who is designated as a Limited Partner on the books and records of the Partnership at the time of reference thereto, in each such Person's capacity as a Limited Partner of the Partnership. "Limited Partnership Interest" means the ownership interest of the Assignor Limited Partner and all other Limited Partners in the Partnership. "Limited Partnership Interest Percentage" in respect of any Investor means the percentage obtained by converting to a percentage the fraction having the number of Assignee Units owned by such Investor as its numerator and having the number of Assignee Units owned by all Investors at the time of reference thereto as its denominator.

Gross Proceeds of the Offering. The aggregate total of the Original Invested Capital of the Members and Manager.

Gross Proceeds of the Offering definition

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