Retained Asset Sale Proceeds means that portion of Net Proceeds of a Prepayment Event pursuant to clause (a) of such definition not required to be applied to prepay the Loans pursuant to Section 2.11(c) due to the Disposition/Debt Percentage being less than 100%.
Retained Asset Sale Proceeds has the meaning specified in Section 2.05(b)(ii).
Retained Asset Sale Proceeds shall have the meaning provided in Section 10.4.
Examples of Retained Asset Sale Proceeds in a sentence
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More Definitions of Retained Asset Sale Proceeds
Retained Asset Sale Proceeds means that portion of the Net Cash Proceeds of an Asset Sale Prepayment Event or Recovery Prepayment Event not required to be offered to prepay Term Loans pursuant to Section 5.2(a)(i) due to the Disposition Percentage being less than 100.0%.
Retained Asset Sale Proceeds means, at any date of determination, an amount determined on a cumulative basis that is equal to the aggregate cumulative sum of all Net Cash Proceeds in respect of Asset Sale Prepayment Events and Casualty Events received by the Parent Borrower or any of its Restricted Subsidiaries that are not or were not required to be applied to prepay Term Loans pursuant to the proviso to the definition of “Asset Sale Prepayment Event” or the first proviso to Section 5.2(a)(i).
Retained Asset Sale Proceeds means the Net Proceeds in respect of any Asset Sale not required to be applied to make a prepayment or to be reinvested under Section 4.10.
Retained Asset Sale Proceeds means the amount of (a) Net Cash Proceeds received by the Borrower or any Restricted Subsidiary in respect of any Prepayment Asset Sale or (b) any Property Loss Event, in each case that are not required to be applied to prepay the Term Loans pursuant to Section 2.13(b) on account of the fact that the Required Net Cash Proceeds Percentage is less than 100%.
Retained Asset Sale Proceeds an amount equal to the product of (x) the amount of Net Cash Proceeds times (y) 100% minus the applicable Asset Sale Percentage.
Retained Asset Sale Proceeds means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Subject Proceeds that is not required to be applied as a mandatory prepayment under Section 2.11(b)(ii) per Fiscal Year; provided that such amount shall not be less than zero for any Fiscal Year.
Retained Asset Sale Proceeds means, at any date of determination after the Amendment No. 4 Effective Date, an amount determined on a cumulative basis that is equal to the aggregate amount of all Net Cash Proceeds received by the Borrower or any of its Restricted Subsidiaries that, pursuant to application of clause (b) or (c) of the definition of “Required Net Cash Proceeds Percentage”, are or were not required to be applied to prepay Term Loans pursuant to Section 2.10(c).