Sale Transaction Proceeds definition

Sale Transaction Proceeds means any Cash or Cash equivalents that are proceeds from the Sale Transaction.

Sale Transaction Proceeds means all consideration paid by the Purchaser to, or for the benefit of, the Debtors, the Estates, or the Liquidating Trustee as part of the Sale Transaction, including the (a) Cash Component, (b) Purchaser Note and the Purchaser Note Payments, (c) the Royalty Earn Out Payments, (d) Opt-Out Sales Representative Proceeds, and (e) the Cure Costs.

Sale Transaction Proceeds means, in the event that the Winning Bidder is an Entity other than the Secured Credit Agreement Lenders, any Cash proceeds of a Sale Transaction.

Examples of Sale Transaction Proceeds in a sentence

• The Debtors Cash on hand, the Sale Transaction Proceeds, and any other Cash received or generated by the Debtors shall be used to fund the distributions to holders of Allowed Claims against the Debtors in accordance with the treatment of such Claims and subject to the terms provided herein.

• The Debtors shall fund distributions and satisfy applicable Allowed Claims and Allowed Interests under the Plan with respect to the Sale Transaction using Cash on hand, the Sale Transaction Proceeds, and, if applicable, the Asset Sale Proceeds.

• The Debtors shall escrow Cash from the Sale Transaction Proceeds (and not from the Acquired Assets), excluding the Cure Costs, or Excluded Assets, excluding the Cure Costs, in the amount of estimated unbilled fees and expenses of all Professionals in a segregated bank account.

• In the event of a Sale Transaction, the Debtors shall fund distributions under the Plan from Cash on hand (if any) and the Sale Transaction Proceeds in accordance with the terms of the Sale Transaction Documents and the Plan.

• The Debtors, the Plan Administrator and the Wind-Down Estates, as applicable, shall fund Distributions under the Plan and the Plan Administrator Agreement with (i) the Sale Transaction Proceeds, and (ii) Cash on hand, including all Cash realized from the Debtors’ business and/or the Wind-Down operations.

More Definitions of Sale Transaction Proceeds

Sale Transaction Proceeds means all proceeds from the consummation of the Sale Transaction that are distributable or payable to the Estates, and such proceeds may consist of Cash, debt instruments or other non-Cash consideration.

Sale Transaction Proceeds means the Cash proceeds of the Sale

Sale Transaction Proceeds means any Cash or Cash equivalents that are proceeds from the Sale Transaction (if any, in the event the Purchaser is Newco).

Sale Transaction Proceeds means all Cash and non-Cash consideration paid by the purchaser(s) as the purchase price in in connection with a Sale Transaction, if any, other than the portion of such consideration, if any, attributable to the Unsecured Assets.

Sale Transaction Proceeds means the net proceeds of a Sale Transaction.

Sale Transaction Proceeds means any Cash and other proceeds of the Sale Transaction.

Sale Transaction Proceeds means cash proceeds received by the Company in connection with any sale or disposition of the Corporate Headquarters Building, net of all legal, title and recording tax expenses, commissions, and other fees, expenses and taxes incurred by the Company in connection with such transaction.