Permitted Proceeds definition

Permitted Proceeds means Common Equity Issuance Proceeds in an aggregate amount not in excess of $50,000,000.
Permitted Proceeds has the meaning given to it in Clause 8.1;
Permitted Proceeds means all payments pursuant to the Loan Agreement to pay principal of and premium, if any, and interest on the Bonds.

Examples of Permitted Proceeds in a sentence

  • Any proceeds of the Leverage Threshold Event in excess of the Permitted Proceeds may not be used by the Atento Group to make any Xxxx Payment unless and until the Loan has been repaid in full.

  • Name of entity or entities] sold or entered into a sale/leaseback of fixed assets giving rise to Permitted Proceeds of $ .

  • SunOpta will provide such information regarding the permitted sale or sale/leaseback of Fixed Assets of the Obligors and the use of Permitted Proceeds as is required by the Agent and the Lenders pursuant to Section 9.4 of this Agreement.

  • The scope of some services provided by IWMA may also be implemented in cooperation with other agencies, including the County of San Luis Obispo, Participating Agencies, and/or others subject to an agreement approved by the IWMA Board.


More Definitions of Permitted Proceeds

Permitted Proceeds means, with respect to each of Parent’s fiscal quarters (or portions thereof) occurring between September 28, 2007 and the Closing Date, (i) the Base Permitted Proceeds plus (ii) the aggregate amount of all Base Permitted Proceeds that were not received by Parent (directly or indirectly) in any fiscal quarter occurring after September 28, 2007.
Permitted Proceeds means any proceed received by any holder of the 18% Senior Note Subordinated Indebtedness from the equity interests of BST.
Permitted Proceeds means (i) cash and/or (ii) promissory notes in an aggregate principal amount of up to $5.0 million in connection with any single Asset Sale; provided, however, that the obligations under any such promissory note are secured by a first priority security interest in the assets sold.
Permitted Proceeds means the sum of (a) the proceeds of asset dispositions under Section 6.8(c), (b) funds, if any, received by Blount, Inc. in connection with the release of the funds escrowed xx xxxnection with the December 2001 sale of the sporting equipment segment of Blount, Inc., (c) 50% of Excess Cash Flow so long as such Excess Cxxx Xxow is used to repurchase Indebtedness under Section 6.3(b)(v) during the year such Excess Cash Flow is created or the immediately succeeding year, (d) proceeds from Excluded Stock Issuances described in clause (e) of the definition thereof, (f) the Loans advanced on the Closing Date plus the portion of the Term Loan B advanced after the Closing Date, in each case, that are not used by Borrowers for another purpose so long as such Loans are used to repurchase Indebtedness under Section 6.3(b)(v) within 90 days of receipt by the applicable Borrowers of the proceeds of such Loans plus (g) $15,000,000.
Permitted Proceeds means (i) any Net Cash Proceeds from a Capital Market Transaction and (ii) the proceeds from any trust created as described under Article VIII hereof PROVIDED THAT such trust at the time of its creation does not violate the New Credit Facility.
Permitted Proceeds means the proceeds of any equity financings, debt financings or asset sales of the Company or any of its subsidiaries (it being understood that (a) any debt incurrence by the Company or any its subsidiaries shall remain subject to any required approvals under the Senior Credit Agreement and (b) any asset sale by the Company or any of its Subsidiaries shall remain subject to any required approvals under the Senior Credit Agreement and, where such approval is required, the proceeds of such asset sale shall constitute "Permitted Proceeds" only to the extent that the holders of the Senior Debt have not elected to apply the same to the payment of Senior Debt).
Permitted Proceeds means Cash, Cash Equivalents or other Property paid or