Examples of Restricted Asset Sale Proceeds in a sentence
Pending the final application of any Restricted Asset Sale Proceeds, the Company may temporarily reduce revolving credit borrowings or otherwise invest the Restricted Asset Sale Proceeds in any manner that is not prohibited by this Indenture.
Recall that for a strict function f hav-ing arity n and precondition p, we haveD(f(e1, …, en)) = D(e1) ∧ … ∧ D(en) ∧ p(e1,…,en) The expanded GC program for D(f(e1, …, en)), is defined as follows:E〚D(f(e1, …, en))〛 =E〚D(e1)〛;...
If Net Proceeds from Asset Sales total $13 million during Year 3, Restricted Asset Sale Proceeds for the following annual period shall equal $10 million ($10 million + no carry forward from Year 3).
If Net Proceeds from Asset Sales total $12 million during Year 2, Restricted Asset Sale Proceeds for the following annual period (“Year 3”) shall equal $13 million ($10 million + $3 million carried forward from Year 2).
For the avoidance of doubt, the Company shall not make any Restricted Payment to Holdings, directly or indirectly (including through the temporary repayment of any revolving credit facility), with Restricted Asset Sale Proceeds.
For example, if Net Proceeds from Asset Sales total $7.5 million during the first full year after the date of the Existing Second Lien Notes Indenture (“Year 1”), Restricted Asset Sale Proceeds for the annual period beginning on the first anniversary date of the Existing Second Lien Notes Indenture (“Year 2”) shall equal $15 million ($10 million + $5 million carried forward from Year 1).