Minimum Proceeds means the aggregate amount necessary to pay in full (i) all indebtedness of the Parent or any of its subsidiaries outstanding at the closing of the IPO incurred for purposes of financing any acquisitions by the Parent or any of its subsidiaries, (ii) the aggregate redemption prices for the redemption of all of the Parent's preferred stock outstanding at the closing of the IPO issued by the Parent in connection with then completed acquisitions by the Parent or any of its subsidiaries, and (iii) the aggregate cash payable by the Parent or any of its subsidiaries in connection with all then pending acquisitions.

Minimum Proceeds means the lesser ---------------- of (a) the aggregate amount necessary to pay in full (i) all indebtedness of the Parent or any of its subsidiaries outstanding at the closing of the IPO and incurred for purposes of financing any acquisitions by the Parent or any of its subsidiaries, (ii) the aggregate redemption prices for the redemption of all of the Parent's preferred stock outstanding at the closing of the IPO issued by the Parent in connection with then completed acquisitions by the Parent or any of its subsidiaries, and (iii) the aggregate cash payable by the Parent or any of its subsidiaries in connection with all then pending acquisitions, and (b) the sum of One Hundred Million Dollars ($100,000,000).

Minimum Proceeds means an amount deposited with the Escrow Agent of no less than $520,000.

Examples of Minimum Proceeds in a sentence

Minimum Proceeds If the proceeds are less than $2,000, we reserve the right to pay them out as a lump sum instead of applying them to a payment option.
Nonetheless, this relationship was also statistically insignificant since all p-values were above the level of significance (0.05).
The increase in the number of Warrant Shares shall be equal to the product of (A) the Proceeds Differential, i.e. a fraction the numerator of which is the difference between the Minimum Proceeds and the Actual Proceeds (on a cumulative basis) and the denominator of which is the gross proceeds raised in such subsequent Private Placement and (B) 3% of the number of shares to be issued (or issuable upon conversion of the securities offered in the Private Placement) in such subsequent Private Placement.
Such increase in the number of Warrant Shares in the event of a Private Placement shall apply only to the first Private Placement effected within one year of the date of this Agreement unless the Private Placement raises gross proceeds (the "Actual Proceeds") of less than $10 million (the "Minimum Proceeds").
Proof of Age We may require proof of the age of any person who has an annuity purchased under Options 3, 3-V, 5 and 5-V of this section before we make the first payment Minimum Proceeds If the proceeds are less than $2,000, we reserve the right to pay them out as a lump sum instead of applying them to a payment option.

More Definitions of Minimum Proceeds

Minimum Proceeds has the meaning set forth in the preamble to this Agreement. "Most Recent Balance Sheet" means the balance sheet contained within the unaudited consolidated and consolidating balance sheets and statements of income, changes in stockholders' equity, and cash flow as of and for the months ended December 27, 1997. "Most Recent Fiscal Month End" means December 27, 1997.

Minimum Proceeds means the aggregate dollar amount derived from the Minimum Offering at the Price Per Share.

Minimum Proceeds has the meaning set forth in Section 7.09.

Minimum Proceeds shall have the meaning set forth in the Target Merger Agreement.

Minimum Proceeds means an amount with respect to an Investor or the Holder of Series A Preferred that is equal to two times their respective aggregate cost basis of the sum of (i) the Preferred and (ii) the Common issuable upon exercise of the Agent Warrants, Series C Warrants and the Warrants.

Minimum Proceeds means $14.5 million.

Minimum Proceeds means: A. if it is agreed, either in the framework of a settlement or in the framework of a judicial decision, to return the vehicle against the payment of the appropriate compensation to the Claimant, the sum of (i) the value of the motor vehicle in the Spanish second hand market at the time of return (as determined according to clause 3d), plus (ii) FIFTY PER CENT (50%) of the Proceeds in excess of such value paid by the Defendant;