Net Proceeds Amount definition

Net Proceeds Amount means, with respect to any Transfer of any property by any Person, an amount equal to the difference of

Net Proceeds Amount shall have the meaning given such term in Section 2.12(a).

Net Proceeds Amount means, with respect to any Transfer of any property by any Person, an amount equal to:

Examples of Net Proceeds Amount in a sentence

• If the Company shall fail to apply such Net Proceeds Amount as stated in such notice within such period, such failure shall constitute an Event of Default.

• In the event of a Transfer where the Company has elected to apply all or a portion of the Net Proceeds Amount of such Transfer as a Debt Prepayment Application pursuant to Section 10.5(b), the Company shall, no later than the 305th day following the date of such Transfer, give written notice of such event (an “Asset Disposition Prepayment Event”) to each holder of Notes.

• If so accepted by any holder of a Note, such Prepayment Offer equal to not less than such holder’s Ratable Portion of the Net Proceeds Amount in respect of such Debt Prepayment Transfer, together with any additional amount offered to and accepted by such holder pursuant to the following sentence shall be due and payable on the Transfer Prepayment Date.

• If any holder of Notes fails to accept such Prepayment Offer, such holder’s Ratable Portion of the Net Proceeds Amount shall be offered pro rata to each holder of Notes that has accepted such Prepayment Offer.

• No Make-Whole Amount shall be payable in connection with any Debt Prepayment Application made with respect to the Notes from the Net Proceeds Amount (or portion thereof) arising from asset dispositions.

More Definitions of Net Proceeds Amount

Net Proceeds Amount is defined in subsection 2.4B(iii)(e).

Net Proceeds Amount means, with respect to any Transfer of any asset by the Company or any Subsidiary thereof, an amount equal to the difference of:

Net Proceeds Amount means, with respect to any Transfer of any assets by any Person, an amount equal to the difference of (a) the aggregate amount of the consideration (if not cash, valued at the Fair Market Value of such consideration at the time of the consummation of such Transfer) allocated to such Person in respect of such Transfer, net of any applicable taxes incurred in connection with such Transfer, minus (b) all ordinary and reasonable out-of-pocket costs and expenses actually incurred by such Person in connection with such Transfer.

Net Proceeds Amount means, with respect to any Asset Sale by any Person, an amount equal to:

Net Proceeds Amount means, with respect to any Disposition by any Person, an amount equal to the difference of

Net Proceeds Amount means, with respect to any asset disposition of any asset by the Company or any Subsidiary thereof, an amount equal to the difference of (a) the aggregate amount of consideration (valued at the fair market value thereof by the Company or such Subsidiary in good faith) received by the Company or Subsidiary in respect of such asset disposition, minus (b) all applicable taxes and all ordinary and reasonable out-of-pocket costs and expenses actually incurred by the Company or Subsidiary in connection with such asset disposition.

Net Proceeds Amount is defined in Section 10.7(c).