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

If the gross proceeds of the Placing, even when aggregated with the Rights Issue, do not achieve the Minimum Proceeds Condition by the close of the placing period, both the Rights Issue and the Placing will lapse.
As such, the Company subsequently decided to conduct the Rights Issue on non-underwritten basis and to adopt the Placing (with the Minimum Proceeds Condition) simultaneously in order to ensure sufficient funds could be raised.
If the Rights Shares are not fully taken up under the Rights Issue but the Minimum Proceeds Condition is achieved by the Rights Issue on a standalone basis, the Placing will still proceed to allow the Placing Agents to place the Untaken Shares on a best effort basis.
If the gross proceeds of the Placing, when aggregated with the proceeds from the Rights Issue, achieve or exceed the Minimum Proceeds Condition by the close of placing period, both the Rights Issue and the Placing will (assuming all other conditions are also satisfied) complete simultaneously.
Subject to the commitment of the Participating Shareholders under the Irrevocable Undertakings as well as the satisfaction of the Minimum Proceeds Condition, there is no minimum amount to be raised under the Rights Issue in order for the Rights Issue to proceed.

More Definitions of Minimum Proceeds

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 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:

Minimum Proceeds shall have the meaning set forth in Section 2.07(b).

Minimum Proceeds means Borrower’s receipt of not less than $10,000,000 in unencumbered (other than the Lien of PFG) cash proceeds of a Notified Financing, such dollar amount to be calculated assuming the payment and/or accounting for payment of all Special Permitted Payments and any payments to which PFG consents under Section 3(c), above, and (ii) “promptly” in relation to payment of Special Permitted Payments means no later than ten Business Days following the consummation of a Notified Financing providing Minimum Proceeds.

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.