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, 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.

• 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 or the Wind Down Estates, as applicable, shall satisfy all Cure Amounts with the Sale Transaction Proceeds in the event of a Sale Transaction.

• If the Net Sale Transaction Proceeds per Unit exceeds the Option Exercise Price per Unit purchased or purchasable by Optionee pursuant to such exercise, then the Option Exercise Price paid or payable to Optionee shall be increased by the amount of the difference multiplied by the number of Units purchased by Optionee pursuant to such exercise.

• 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.

More Definitions of Sale Transaction Proceeds

Sale Transaction Proceeds means the Cash proceeds of the Sale

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 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 a Sale Transaction.

Sale Transaction Proceeds means (a) $90,000,000.00 in Cash, plus (b) the rights of the Debtor or the Environmental Response Trustee with respect to the payment or reimbursement of “Wind-Up Costs” (as defined in the Purchase Agreement), plus (c) the right of the Debtor or the Environmental Response Trustee to require the Purchaser to supply, or cause one of its affiliates to supply, power after the closing of the Sale Transaction to the Debtor or the Environmental Response Trust, as applicable, as set forth in Section 7.24 of the Purchase Agreement; in each case in accordance with the terms of the Purchase Agreement, the Shared Services Agreement, and any other Transaction Document, as applicable.