Examples of Net Sale or Refinancing Proceeds in a sentence
Members holding Interests specified in Section 5.1A may amend this Agreement; provided, however, that without the permission of the Members to be adversely affected by the amendment, this Agreement may not be amended so as to (i) modify the limited liability of a Member or (ii) alter the interest of a Member in Profits, Losses, Net Cash Flow or Net Sale or Refinancing Proceeds.
To the extent that Net Sale or Refinancing Proceeds are available for distribution to the Members, same shall be distributed to, and allocated between, the Members pro rata, based on their respective Applicable Percentages.
The proceeds of such liquidation shall be applied and distributed as set forth in Section 12.3. The Partners shall continue to share profits and losses, gain or loss on sale or disposition of Partnership property, Net Cash Flow, and Net Sale or Refinancing Proceeds during the period of winding up in the same manner and proportion as before the dissolution.
Net Sale or Refinancing Proceeds shall also include any proceeds received by the Company from any policy or policies of insurance or any condemnation proceeds, less the portion of such proceeds utilized to discharge any indebtedness and less the portion of such proceeds utilized for the repair, replacement or reconstruction of the Property and all improvements located thereon.
The Pakhtun in KPK share culture and historical tradition with Pakhtun tribes in Afghanistan.