Special Proceeds definition

Special Proceeds means, collectively, any Boutique Hotel Up Front Lease Proceeds, Construction Manager Litigation Proceeds or Sportsbook Up Front Lease Proceeds.
Special Proceeds means an amount equal to:
Special Proceeds means any Cash Dividend distributed to the Company by Bezeq, which derives from profits other than Bezeq's ongoing operations.

Examples of Special Proceeds in a sentence

  • For the avoidance of doubt, in the event no Binding Request is submitted with respect to any Special Proceeds by such date, the Indicative Request issued with respect thereto shall have no validity.

  • Notwithstanding the provisions of Section 6.6.2 and 6.6.3, with respect to Special Proceeds, as defined below, there shall be no limitation with respect to the dates of issuance of the Indicative Request and the Binding Request, provided that the Binding Request is submitted at least fifteen (15) days after the date of submittal of the Indicative Request, but not more than thirty (30) days after the date of submittal of the Indicative Request.

  • To the extent that the aggregate principal amount of Securities tendered pursuant to a Special Proceeds Offer is less than the Special Proceeds, the Issuer (or the applicable Restricted Subsidiary of the Issuer) may use any remaining Special Proceeds for any purpose that is not prohibited by this Indenture.

  • To the extent the actions set forth in this Section 5.17 result in the receipt of Special Proceeds, as defined in Section 6.6.4.5, the provisions of Section 6.6.4.5 shall apply to the Special Proceeds.

  • The Issuer shall commence the Special Proceeds Offer by providing the written notice required pursuant to Section 4.22(e), with a copy provided contemporaneously therewith to the Trustee.


More Definitions of Special Proceeds

Special Proceeds means any aggregate Net Cash Proceeds received by Borrower or any Subsidiary from, and all tax savings directly associated with, the sale, transfer or disposition of Designated Assets in excess of the aggregate amount disclosed in the Side Letter.
Special Proceeds means any proceeds from asset sales, debt financings or equity issuances received by the Company directly or indirectly through distributions from Jackalope LLC or any Agreed Midstream Project.
Special Proceeds means, with respect to any Special Proceeds Event, the Net Available Cash from such Special Proceeds Event; PROVIDED that the Net Available Cash from a Special Proceeds Event relating to an Existing Subsidiary shall not constitute Special Proceeds if and to the extent that: (A) the aggregate amount of Net Available Cash from all Special Proceeds Events excluded from the definition of Special Proceeds under this proviso after the Issue Date does not exceed $30 million; (B) at the date of such Special Proceeds Event, the Fixed Charge Coverage Ratio is greater than 2.25:1.0; and (C) with respect to any Asset Sale, the Facilities owned by each of the Existing Subsidiaries and each of the Existing Joint Ventures have commenced commercial operation; and PROVIDED FURTHER, that the Net Available Cash from any Special Proceeds Event relating to an Existing Joint Venture shall not constitute Special Proceeds if and to the extent that (A) at the date thereof, the Fixed Charge Coverage Ratio is greater than 2.25:1.0 and (B) with respect to any Asset Sale, the Facilities owned by each of the Existing Subsidiaries and each of the Existing Joint Ventures have commenced commercial operation.
Special Proceeds means (x) proceeds of the sale of Borrower's real estate located in Houston, Texas, and (y) proceeds (other than from sales of machinery, equipment or dies and other than from the sale of the real estate in Houston, Texas) not exceeding in the aggregate $500,000 per Fiscal Year on a noncumulative basis.
Special Proceeds has the meaning set forth in Section 5.4(a).
Special Proceeds means any proceeds from asset sales, debt financings or equity issuances received by the Company directly or indirectly through distributions from Jackalope LLC or any Agreed Midstream Project. -16- “Subscription Agreement” means that certain Subscription and Investment Agreement for Series A-2 Preferred Units in the Company dated as of the Effective Date by and among the Company, the Crestwood Member and the Holdings Member. “Subsidiary” means, with respect to any specified Entity, any corporation, association, partnership or other business entity (a) which is Controlled by such Entity and (b) the outstanding equity securities entitled to more than 50% of the distributions therefrom are held, directly or indirectly, by such Entity; provided, however, that, notwithstanding the foregoing, Jackalope LLC and its Subsidiaries will be deemed Subsidiaries of the Company when used in the definition of Public Offering, Section 6.03 and Section 7.04. “Surviving Provisions” has the meaning set forth in Section 4.06(f). “Tag-Along Acceptance” has the meaning set forth in Section 3.10(c). “Tag-Along Notice Period” has the meaning set forth in Section 3.10(c). “Tag-Along Offer” has the meaning set forth in Section 3.10(a). “Tag-Along Right” has the meaning set forth in Section 3.10(a). “Tag-Along Transfer” has the meaning set forth in Section 3.10(a). “Tag-Along Transfer Period” has the meaning set forth in Section 3.10(d). “Tag Interest” has the meaning set forth in Section 3.10(a). “Tax Advances” has the meaning set forth in Section 5.01(d). “Tax Proceeding” has the meaning set forth in Section 8.03. “Tax Year” has the meaning set forth in Section 2.06. “Total Amount in Default” means, as of any time, with respect to a Non-Funding Member, an amount equal to (a) the outstanding Post-Conversion Default that the Non-Funding Member has failed to pay pursuant to the terms of this Agreement, plus (b) Collection Costs applicable thereto, plus (c) interest accrued on the amounts set forth in clause (a) and clause (b) at an annual interest rate equal to the prime rate (as published on the applicable date of determination in the “Money Ratestable of The Wall Street Journal, Eastern Edition) plus an additional 10 percentage points (or, if such rate is contrary to any applicable law, the maximum rate permitted by such applicable law) compounded quarterly from the incurrence thereof until payment in full. “Transfer”, “Transferred” or “Transferring” means with respect to a Perso...
Special Proceeds means any net cash proceeds received from all sales of C/C Assets (as defined below) in excess of $600.0 million in the aggregate.