Restricted Proceeds definition

Restricted Proceeds means cash proceeds received by a Subsidiary from any issuance of debt securities or any incurrence of Debt, to the extent that the declaration or payment of dividends or similar distributions by that Subsidiary of such proceeds is not at that time permitted by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary.

Restricted Proceeds has the meaning specified in Section 2.05(b)(vii).

Restricted Proceeds has the meaning specified in Section 2.03(b)(vi).

Examples of Restricted Proceeds in a sentence

• The Restricted Proceeds that cannot be Transferred by a Management Stockholder pursuant to this Agreement shall be held, for such Management Stockholder’s account, by Xxxxxxx Xxxxx in its capacity as the administrator of the Company’s equity award programs, until the termination of this Agreement.

• As to funds received in a foreign country which are not includable in Gross Receipts as a result of being in a Restricted Currency ("Restricted Proceeds"), Fox shall notify Participant of the amount of such funds on the appropriate Participation Statement.

• If a Special Mandatory Redemption occurs, then any interest or other profit earned on the Restricted Proceeds shall be used to fund the Special Mandatory Redemption (including any accrued and unpaid interest on the Securities that are redeemed), except that any amount in the Restricted Account not needed to fund the Special Mandatory Redemption may be used by the Company for general corporate purposes (including payment of interest on the Securities).

• If the Restricted Proceeds are released to the Company from the Restricted Account and used to make a payment to Dart to fund a Settlement, then any interest or other profit earned on the Restricted Proceeds may be used by the Company for general corporate purposes (including payment of interest on the Securities).

• Thereafter, in the event that the Over Advance at any time exceeds the Restricted Proceeds, Borrower shall within seven (7) days of receipt of an Over Advance Notice, without the necessity of any demand by Agent, make a mandatory deposit of additional funds into the Cash Collateral Account equal to the amount by which the Over Advance exceeds Restricted Proceeds.

More Definitions of Restricted Proceeds

Restricted Proceeds means any Insurance Proceeds if the full amount of the same exceeds the Casualty Amount.

Restricted Proceeds means an amount equal to the Net Proceeds from the Initial Notes Issue less the Unrestricted Proceeds.

Restricted Proceeds means cash proceeds received by a Subsidiary of MEMC from any issuance of debt securities or any incurrence of Debt, to the extent that the declaration or payment of dividends or similar distributions by that Subsidiary of such proceeds is not at that time permitted by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary.

Restricted Proceeds means, in relation to a Rig, any Insurance Proceeds or Rig Rights Proceeds relating to that Rig, if the full amount of the same exceeds the Casualty Amount;

Restricted Proceeds has the meaning set forth in Section 2.3(f).

Restricted Proceeds means those sums deposited in the Proceeds Accounts, which constitute proceeds of the Collateral, which the Borrower is prohibited from withdrawing from the Proceeds Accounts pursuant to the terms of this Pledge Agreement, including Section 2.7.

Restricted Proceeds. Such monies which are not includable in --------------------- Gross Receipts by reason of being in a Restricted Currency.