Relevant Proceeds definition

Relevant Proceeds means Disposal Proceeds or Insurance Proceeds (each as defined in Clause 8.2 (Disposal, Insurance Proceeds and Excess Cashflow)).

Relevant Proceeds has the meaning given in Clause 53.22.2 (Reinstatement);

Relevant Proceeds means Excluded Capital Raising Proceeds or Excluded Insurance Proceeds.

Examples of Relevant Proceeds in a sentence

• As a result of the acquisition of an additional 3% equity interest in the Target Company as contemplated under the SP Agreement (as amended and supplemented by the Supplemental Agreement), the Board will utilise HK$10.7 million from the Relevant Proceeds of HK$50 million for the acquisition of the said additional 3% equity interest in the Target Company.

• An Ordinary Share arising on conversion of a Class A Share shall cease to participate in the Relevant Proceeds, andshall be credited as fully paid and rank pari passu in all respects with the Ordinary Shares in issue on the Conversion Date.

• Thereafter, competing claims arose to the Tree Sale Proceeds and the Land Sale Proceeds (together, "the Relevant Proceeds").

• These proceedings concern competing claims to the Relevant Proceeds.

• For the avoidance of doubt, no Relevant Proceeds shall be retained or reinvested by the Company.

More Definitions of Relevant Proceeds

Relevant Proceeds means Caliza Proceeds, Centurion Proceeds, Disposal Proceeds, Permitted Fundraising Proceeds or Permitted Put/Call Proceeds.

Relevant Proceeds means Acquisition Proceeds, Disposal Proceeds or Insurance Proceeds (each as defined in Clause 8.2 (Disposal, Insurance and Acquisition Proceeds and Excess Cashflow)).

Relevant Proceeds means the proceeds generated or realized by the Customer under the Relevant Financing. Security means Deposit and/or Guarantee or a Security Cheque or all as per the Bank’s requirement/ approval on the limit of your Covered Card. Service and Price Guide means the guide provided with this Agreement, which will determine the extent of the services available to you and the applicable price and costs for availing such service. For avoidance of doubt, the considerations of the Service and Price Guide can be amended by Bank from time to time and the same shall be duly notified to you for the purpose of implementation and practice of the same.

Relevant Proceeds means, with respect to any Interest Payment Date, the sum of (without double counting):

Relevant Proceeds has the meaning given to it in Paragraph 2.8 of Part A (Insurance Provisions) of Schedule 5 (Insurance);

Relevant Proceeds has the meaning given to that term in Clause 19.3 (Financial Definitions);

Relevant Proceeds means proceeds of disposals not required to be applied in prepayment of the Senior Facilities Agreement or committed to be reinvested for application in the business within 12 Months of receipt, proceeds of insurance claims to be applied in reinstatement of any damage caused or to provide compensation to any person, proceeds of any Permitted Refinancing and proceeds of any New Shareholder Injection (unless to the extent designated as a cure under Clause 19.5 (Equity Cure)).