Transfer Proceeds definition

Transfer Proceeds means, with respect to the Transfer of any Asset, all amounts realized with respect to such Asset net of the related Transfer Expenses; provided, however, that the Transfer Proceeds with respect to any Asset shall in no event be less than zero.
Transfer Proceeds means the proceeds of the sale of any Transferred Receivable, which may include Securitization Equity.
Transfer Proceeds means, with respect to the Transfer of any Property, the gross sales price for such Property (including any xxxxxxx money, down payment or similar deposit included in the total sales price paid by the purchaser), less Transfer Expenses.

Examples of Transfer Proceeds in a sentence

  • In the event of any Transfer of any Property, Borrower shall (or shall cause the Manager or the closing title company or escrow agent, as applicable, to) deposit directly into the Collection Account the Net Transfer Proceeds for allocation in accordance with the terms of this Agreement.

  • In addition, Borrower shall, and shall cause Manager to, deposit any other Collections (other than (x) Rents, (y) Insurance Proceeds and Condemnation Proceeds, which shall be deposited into the Casualty and Condemnation Subaccount pursuant to the terms hereof and (z) Net Transfer Proceeds, which shall be deposited into the Cash Management Account pursuant to the terms hereof) received by or on behalf of Borrower directly into a Rent Deposit Account within three (3) Business Days following receipt thereof.

  • Upon each withdrawal of or direction to withdraw or distribute Group Available Funds or Transfer Proceeds (including any Securitization Equity) pursuant to this Section 9.4(e), each of the Trust and the Servicer shall be deemed to represent and warrant to the Master Collateral Agent that each of the foregoing conditions have been satisfied with respect thereto.

  • The Debtor, the Ad Hoc Committee, or Steelman may request that the Court estimate the amount of the Class 3 Claim, in which case such estimated amount shall be reserved from the cash portion of the Transfer Proceeds and deposited into a segregated bank account administered by the Continuing Estate Representative until the amount of the Class 3 Claim is fully and finally determined.

  • Obligations required to be satisfied in cash under the Plan on and after the Effective Date will be satisfied from the cash portion of the Transfer Proceeds paid by Ameristar on the Effective Date, the Effective Date Cash, and amounts deposited into the Liquidation Account.


More Definitions of Transfer Proceeds

Transfer Proceeds means, with respect to the Transfer of any Financed Property or Financed Single Plat Development, all amounts and proceeds realized or received with respect to such Financed Property or Financed Single Plat Development (including with respect to any grant of an option to purchase a legal or beneficial interest in such Financed Property or such Financed Single Plat Development).
Transfer Proceeds means the proceeds from the transfer of the Acquired Assets as provided for in the Asset Purchase Agreement and the Plan.
Transfer Proceeds is defined in Section 3.03(a).
Transfer Proceeds means, with respect to the Qualified Transfer of any Financed Property, (i) all amounts and proceeds realized or received with respect to such Financed Property (including with respect to any grant of an option to purchase a legal or beneficial interest in such Financed Property) minus (ii) the actual, bona fide out-of-pocket brokerage fees and title escrow fees paid by the applicable Borrower or its Affiliate with respect to such Qualified Transfer, not to exceed (a) in the case of a Qualified Transfer that is a Bulk Sale, four percent (4%), and (b) in the case any other Qualified Transfer of any Financed Property, seven and one half percent (7.5%) of the amounts and proceeds of such Qualified Transfer under clause (i).
Transfer Proceeds means the fair market value of the proceeds of the transfer of the general partner interests in Edge Group II (in the case of the transactions contemplated by the Combination Agreement, the parties hereby agree that such fair market value shall be deemed to equal the product of the number of shares of Common Stock issued in exchange for the general partner interests in Edge Group II multiplied by the initial public offering price per share of Common Stock).
Transfer Proceeds means the proceeds actually received by CES, Parent and/or Surviving Corporation (if immediately prior to the Change of Control of Biogas Parent and/or CES hold more than 50% of the voting shares of the Surviving Corporation) as consideration in a transaction constituting a Change of Control of Biogas to the extent such consideration relates to the ownership interests, assets and/or business of the Surviving Corporation and/or its direct and indirect subsidiaries after payment or reserve for (i) all actual third party transaction expenses, (ii) transaction related taxes payable by the Surviving Corporation and/or its subsidiaries but excluding federal, state and local income taxes payable by Parent and CES relating to the Change of Control of Biogas, (iii) all amounts owed by the Surviving Corporation and its subsidiaries on account of borrowings from parties other than CES and Parent and their affiliates including without limitation (A) all amounts owed to John Hancock and its affiliates under the Note Purchase Agreement dxxxx Xxxxxxxr 30, 1999 as amended and related documentation, (B) all amounts owed to GEFS Energy Capital LLC pursuant to the Construction and Term Loan Agreement dated April 30, 2001, and (C) all amounts owed to AJG, including, in each case, all debt breakage fees or prepayment penalties, and (iv) all reserves and escrows relating to the Change of Control of Biogas transaction including without limitation the Illinois ICC subsidy reserves and any reserve or levelization accounts relating to any income fund provided the release of any such reserve fund to Parent or CES shall be accounted for as Transfer Proceeds in accordance with this section.
Transfer Proceeds means the total cash and other consideration received by that successor Concessionaire (but in the case of a transfer to a party affiliated with or otherwise related to the transferor, such consideration shall in no event be deemed to be less than the fair value of the interests transferred), minus the following costs with respect to such successor Concessionaire: