Reinvested Proceeds definition

Reinvested Proceeds means, with respect to any Disposition as of any date of determination, the amount of Net Cash Proceeds from such Disposition that is used by the Borrower or any Subsidiary to acquire, during the Reinvestment Period with respect to such Disposition, property that is to be used in the Line of Business.
Reinvested Proceeds with respect to any Asset Sale as of any date ------------------- of determination, the amount of Net Cash Proceeds from such Asset Sale that is used by the Borrower or any of its Subsidiaries to acquire, during the Reinvestment Period, Property that is to be used in the same or a related line of business of the Borrower.
Reinvested Proceeds with respect to any Disposition as of any date of determination, the amount of Net Sales Proceeds from such Disposition that is used by the Borrower or any Subsidiary to acquire, during the Reinvestment Period with respect to such Disposition, Property that is to be used in a Paging-Related Business.

Examples of Reinvested Proceeds in a sentence

  • Hewlett-Packard (HP) has aggressively employed this strategy since 2008 by setting up serial loans into the U.S. specifically for the purpose of providing billions of dollars of ongoing funding for its U.S. operations.43 Accounting for Permanently Reinvested Proceeds Current accounting rules also encourage indefinite deferral of U.S. income tax on foreign earnings.

  • Borrower has requested the consent of Required Lenders to the sale of the Companies' Cellular Assets for the Ohio 2 RSA, the Georgia 1 RSA, the Arizona 5 RSA, and the California 7 RSA to Cellco Partnership, d/b/a Verizon Wireless (collectively, the "VERIZON DIVESTITURES"), so long as all of the Net Cash Proceeds from the Verizon Divestitures (other than the Reinvested Proceeds (defined below)) are immediately used to make a mandatory prepayment pursuant to the terms of the Credit Agreement.

  • Therefore, by contributing to the General Fund, the Project will allow the County to fund much needed services.

  • Borrower hereby pledges to Lender all Reinvested Proceeds held by Lender from time to time as additional security for the Loan.

  • In consideration of the time and effort required of the Special Committee, in connection with exploring and evaluating strategic attributes available to Full Circle, Xx. Xxxxxxxx, as the chairman of the Special Committee has been paid a fee of $25,000 and the other members of the Special Committee have been paid a fee of $15,000 each.


More Definitions of Reinvested Proceeds

Reinvested Proceeds means, at any time, the aggregate amount of the proceeds of any Disposal which have, at that time, been applied to the acquisition [, construction or improvement] of assets comparable or superior as to type, value and quality of the assets Disposed of.
Reinvested Proceeds with respect to any Asset Sale as of any date ------------------- of determination, the amount of Net Cash Proceeds from such Asset Sale that is not required to be immediately applied to the prepayment of the Term Loans or the Revolving Credit Loans pursuant to Section 2.4(f)(i) hereof and Section 2.7(f)(i) of the Revolving Credit Facility and that has been used by the Borrower or any of its Subsidiaries to acquire, during the Reinvestment Period, Property that is to be used in the same or a related line of business of the Borrower.
Reinvested Proceeds net cash proceeds from the sale, exchange or other disposition of all or substantially all of a Broadcasting Station, after giving effect to the payment of cash taxes payable in connection with the same, which cash proceeds are used to acquire one or more additional Broadcasting Stations through a merger or acquisition in accordance with section 8.3 during the Reinvestment Period.
Reinvested Proceeds with respect to that portion of Net Cash Proceeds of any Disposition pursuant to Sections 8.4(c) which constitute Excess Disposition Proceeds, the portion of such Net Cash Proceeds which are used to make Consolidated Capital Expenditures or Permitted Acquisitions within one year after the receipt of such Net Cash Proceeds by the Borrower or any of its Subsidiaries.
Reinvested Proceeds net cash proceeds from the sale, exchange or other disposition of Property, after giving effect to the payment of cash taxes payable in connection with the same, which cash proceeds are used to acquire one or more radio Broadcasting Stations through a merger or acquisition in accordance with Section 8.3 during the Reinvestment Period.
Reinvested Proceeds means proceeds realized from any Disposition which are used to acquire substantially similar property or assets.
Reinvested Proceeds means proceeds realized from any Disposition of assets which are used to acquire substantially similar property or assets.