Net Proceeds of Sale definition

Net Proceeds of Sale means the amount which is received by the Nominee upon the sale of all JBL Shares under this clause 5.3 less brokerage and other sale expenses;

Net Proceeds of Sale means with respect to each Item of Equipment sold by Corporate Obligee to a third party pursuant to Section 25.3 of the Equipment Agreement, the net amount of the proceeds of sale of such Item, after deducting from the gross proceeds of such sale (a) all sales taxes and other taxes (excluding income taxes on or measured by Corporate Obligee’s income) as may be applicable to the sale or transfer of such Item, (b) all fees, costs and expenses of such sale incurred by Obligee and (b) any other amounts for which, if not paid, Corporate Obligee would be liable or which, if not paid, would constitute a Lien on such Item.

Net Proceeds of Sale means the proceeds of sale received by the Owner after deducting the costs and expenses of repossession storage insurance and sale or attempted sale and/or valuation (including any legal costs and expenses on a full indemnity basis and/or commissions for debt collection agencies) and also after deducting any sums expended by the Owner in putting the Goods in good order and repair.

Examples of Net Proceeds of Sale in a sentence

• If any amounts due to EPA under Paragraph 12 (Payment of Response Costs) [and Paragraph 16 (Payment of Net Proceeds of Sale of Property)] [also reference any other payment paragraphs] are not paid by the required date, Settling Party shall be in violation of this Settlement Agreement and shall pay to EPA, as a stipulated penalty, in addition to the Interest required by Paragraph 17 (Interest on Payments), $______ per violation per day that such payment is late.

• The General Partner is empowered to amend the distribution and allocation provisions of Article IV pursuant to Section 12.11B to the minimum extent necessary in accordance with the advice of the Partnership's Accountants and counsel to effect the plan of distribution of Net Cash Flow and Net Proceeds of Sale or Financing, and, consistent therewith, the allocations of Profit and Loss provided in this Agreement.

• If the Net Proceeds of Sale exceeds the Estimated Residual Value, the amount of the difference promptly shall be paid by Lessor to Lessee.

• The majority of clients value the provision of a specialist service which works in partnership with other local agencies to support survivors of sexual abuse who are also victims of crime.

• The General Partners are empowered to amend the distribution and allocation provisions of Article IV pursuant to Section 12.2B(y) to the minimum extent necessary in accordance with the advice of the Partnership's Accountants and counsel to effect the plan of distribution of Net Cash Flow and Net Proceeds of Sale or Refinancing, and, consistent therewith, the allocations of Profit and Loss provided in this Agreement.

More Definitions of Net Proceeds of Sale

Net Proceeds of Sale means with respect to each Item of Equipment sold by Lessor pursuant to Section 24(c) or 28.3 of the Lease Agreement or sold by Lessor as referenced in Section 29.2 of the Lease Agreement, the net amount of the proceeds of sale of such Item, after deducting from the gross proceeds of such sale (i) all sales taxes and other taxes as may be applicable to the sale or transfer of such Item, (ii) all fees, costs and expenses of such sale reasonably incurred by Lessor or Lessee in the case of a sale on the Termination Date or by Lessor in the case of a sale after the Termination Date and (iii) any other amounts for which, if not paid, Lessor would be liable as a result of such sale or which, if not paid, would constitute a Lien on such Item.

Net Proceeds of Sale shall have the meaning given to such term in Section 29(d) hereof.

Net Proceeds of Sale means the gross selling price actually received by Lessor less all (i) selling expenses incurred by Lessor, (ii) amounts which (if not paid) would constitute a lien on the Equipment for which Lessee is responsible under the Lease, and (iii) applicable sales or other transfer taxes paid by Lessor.

Net Proceeds of Sale means the net amount received by Lessor after deducting from the gross proceeds of sale of the Equipment or in the event of a subsequent lease by the Lessor, the net present value of rent due under such subsequent lease, all expenses incurred in the termination of this lease and any amounts for which, if not paid, Lessor would be liable or which, if not paid, would constitute a lien on the Equipment.

Net Proceeds of Sale means the proceeds of sale of the relevant New Notes and Common Shares and/or GDRs net of all associated commissions, transfer taxes and other costs, including the expenses and compensation of the Distribution Agent or the Bank, as the case may be, in effecting such sale;

Net Proceeds of Sale means the excess of gross proceeds from any sale, refinancing (including the financing of a Property that was initially purchased debt-free) or other disposition of a Property over all costs and expenses related to the transaction, including fees payable in connection therewith, and over the payments made or required to be made on any prior encumbrances against such Property in connection with such transaction.

Net Proceeds of Sale. Has the meaning set out in the MLA.