Undistributed Proceeds definition

Undistributed Proceeds means any money that remains in the Naylor Settlement Account after allocation of the Settlement Consideration to Settlement Class Members pursuant to the Plan of Allocation and Distribution, including any funds from the Settlement Cash Proceeds that are unclaimed or that cannot, through reasonable diligence, be distributed to Settlement Class Members within two (2) years of the Effective Date.
Undistributed Proceeds means any money that remains in the Taylor Settlement Account, after payment of Class Fees and Expenses, and after allocation of the Net Settlement Amount to Settlement Class Members pursuant to the Plan of Allocation and Distribution. Undistributed Proceeds shall not include Monies Payable to Opt-Outs and proceeds allocated to the Suspense Accounts. Except as provided in paragraph 1.14, Defendants shall not otherwise be entitled to receive any amount of the Undistributed Proceeds, nor shall they have any obligations with respect to such amounts.
Undistributed Proceeds means that portion of the Net Settlement Fund that remains after all distributions pursuant to the Plan of Allocation are completed. The settlement is non-reversionary. Once the Settlement becomes Final and Non-Appealable, the Mylan Defendants shall have no ability to get back any of the Settlement Amount, including any Undistributed Proceeds, subject to ¶ 1.15.

Examples of Undistributed Proceeds in a sentence

  • Instead the amount will be held as Undistributed Proceeds and distributed as part of the Final Undistributed Fund.

  • The funding agreement for the case Walter Hugh Merricks CBE versus Mastercard foresees as a total investment return “the greater of (i) £135,000,000; or (ii) 30% of the Undistributed Proceeds up to £1 billion, plus 20% of the Undistributed Proceeds in excess of £1 billion.

  • They are comprised of $12.4 million for FMPA-related undertakings and $9.0 million for loans receivable from member cities, net of Undistributed Proceeds of $31.5 million (valued at market).

  • Instead these funds will be treated as Undistributed Proceeds under the Settlement Agreement and other orders of the Court.

  • These benefits are more commonly seen in managing idiopathic dysgeusia as opposed to cancer-induced dysgeusia.

  • The Undistributed Proceeds will be retained by the Trustee-Manager to cover on-going expenses following Completion, and the Trustee-Manager is considering various options available for RHT, including identifying any possible new business for RHT which is able to satisfy the SGX-ST’s requirements for a new listing, or the winding up of RHT and distribution of any remaining cash after deducting any expenses incurred therefrom to the Unitholders.

  • Regarding the ground-level units, townhouses as well as apartment buildings featuring ground-level units with exterior access are a common feature in the Southwest and Capitol Riverfront neighborhoods.

  • They are comprised of $34 million for FMPA-related undertakings and $32 million for loans receivable from member cities, net of Undistributed Proceeds of $2 million.

  • Instead these funds will be treated as Undistributed Proceeds under the Settlement Agreement.

  • They are comprised of $51 million for FMPA-related undertakings and $49 million for loans receivable from member cities, net of Undistributed Proceeds of $25 million.


More Definitions of Undistributed Proceeds

Undistributed Proceeds means Proceeds that are not distributed to the Claimants…. ARTICLE II TERMS OF INVESTMENT Section 2.1. Commitment and Deployments. Subject to the terms and conditions of this Agreement, Purchaser commits (the “Commitment”) to make payments to Seller or on Seller’s behalf (each payment, a “Deployment”), at any time and from time to time from the Agreement Date until the Funding Completion Date (unless (a) the Commitment is terminated earlier in accordance with the terms of this Agreement; or (b) Purchaser agrees in writing to make Deployment(s) after the Funding Completion Date), in the maximum aggregate amount of £35,642,250, inclusive of any VAT (the “Commitment Amount”); provided, however, that the foregoing reference to £35,642,250 assumes that Deployments for costs related to administration of any Proceeds under Section 2.2(a)(iii) equals £3,500,000 (exclusive of VAT) and, in the event that Deployments under Section 2.2(a)(iii) are in excess of £3,500,000 (exclusive of VAT), the Commitment Amount shall increase by the amount of such excess (e.g., if Deployments under Section 2.2(a)(iii) were equal to the maximum of£10,000,000 (exclusive of VAT), the Commitment Amount would instead be £43,442,250 (inclusive of VAT)… In consideration of the Commitment, Seller, subject to any order of CAT, (a) absolutely assigns, conveys, sells, sets over, transfers, and warrants to Purchaser the Transferred Costs Rights, free and clear of any Encumbrance; and (b) agrees to use his best endeavours to ensure Purchaser obtains the full benefit of the Transferred Undistributed Proceeds Rights. Section 2.2. Use of Deployments. […][✂] […][✂] (a) […][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂]; (iv) up to £10,000,000 to provide for any fees and costs awarded to the defendant(s) or any third party in the Litigation (if applicable); […][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂][…][✂]…. Section 2.4. Termination and Reduction of Commitment.….(b) If: (i) Purchaser reasonably ceases to be satisfied about the merits of the Litigation, provided that Seller has been given a reasonable opportunity to address Purchaser’s concerns about the merits of the Litigation; (ii) Purchaser reasonably believes that the Litigation is no longer commercially viable because the quantum likely to be recovered is less than would allow recovery of the Total Investment Return, such a view to be reached based on independent legal and expert advice that has ...
Undistributed Proceeds means Proceeds that are not distributed to the Claimants….
Undistributed Proceeds means any money that remains in the Xxxxxx Settlement Account after allocation of the Settlement Consideration to Settlement Class Members pursuant to the Plan of Allocation and Distribution, including any funds from the Settlement Cash Proceeds that are unclaimed or that cannot, through reasonable diligence, be distributed to Settlement Class Members within two (2) years of the Effective Date.
Undistributed Proceeds means any money that remains in the Jeter Settlement Account, after payment of Class Counsel's Fees and Expenses and Administration Expenses, and after allocation of the Net Settlement Amount to the Settlement Class members pursuant to the Plan of Allocation and Distribution. Neither Bullseye nor CEP shall be entitled to receive any amount of the Undistributed Proceeds, nor shall they have any obligations with respect to such amounts. The Undistributed Proceeds shall remain in the Jeter Settlement Account pending further Order of the Court.
Undistributed Proceeds means any money that remains in the Xxxxxx Settlement Account, after payment of Class Counsel Fees and Expenses, and after allocation of the Net Settlement Amount to Class Members pursuant to the Plan of Allocation and Distribution. Undistributed Proceeds shall include monies not distributed by the Settlement Administrator due to title defects burdening an owner’s interest in a lease. Undistributed Proceeds shall not include Monies Payable to Opt-Outs (unless so provided in paragraph 1.14). Except as provided in paragraphs 1.1 and 1.10, above, Defendants shall not otherwise be entitled to receive any amount of the Undistributed Proceeds, nor shall it have any obligations with respect to such amounts. Any remaining portion of the Undistributed Proceeds shall remain in the Xxxxxx Settlement Account pending further order of the Court. Defendants will take no position regarding the distribution of Undistributed Proceeds.
Undistributed Proceeds means any money that remains in the Xxxxxx Settlement Account, after payment of Class Fees and Expenses, and after allocation of the Net Settlement Amount to Settlement Class Members pursuant to the Plan of Allocation and Distribution. Undistributed Proceeds shall not include Monies Payable to Opt-Outs and proceeds allocated to the Suspense Accounts. Except as provided in paragraph 1.14, Defendants shall not otherwise be entitled to receive any amount of the Undistributed Proceeds, nor shall they have any obligations with respect to such amounts.

Related to Undistributed Proceeds

  • Qualified Proceeds means assets that are used or useful in, or Capital Stock of any Person engaged in, a Permitted Business; provided that the fair market value of any such assets or Capital Stock shall be determined by the Board of Directors of the Company in good faith.

  • Sale Proceeds All proceeds (excluding accrued interest, if any) received with respect to Assets as a result of sales of such Assets in accordance with the restrictions described in Article XII less any reasonable expenses incurred by the Collateral Manager, the Collateral Administrator or the Trustee (other than amounts payable as Administrative Expenses) in connection with such sales. Sale Proceeds will include Principal Financed Accrued Interest received in respect of such sale.

  • Net Loss Proceeds means, with respect to any Event of Loss, the proceeds in the form of (a) cash or Cash Equivalents and (b) insurance proceeds, condemnation awards or damages awarded by any judgment, in each case received by the Company from such Event of Loss net of:

  • Net Asset Sale Proceeds means, with respect to any Asset Sale, Cash payments (including any Cash received by way of deferred payment pursuant to, or by monetization of, a note receivable or otherwise, but only as and when so received) received from such Asset Sale, net of any bona fide direct costs incurred in connection with such Asset Sale, including (i) income taxes reasonably estimated to be actually payable within two years of the date of such Asset Sale as a result of any gain recognized in connection with such Asset Sale and (ii) payment of the outstanding principal amount of, premium or penalty, if any, and interest on any Indebtedness (other than the Loans) that is secured by a Lien on the stock or assets in question and that is required to be repaid under the terms thereof as a result of such Asset Sale.

  • Retained Asset Sale Proceeds shall have the meaning provided in Section 10.4.

  • Net Proceeds means the aggregate cash proceeds received by the Company or any of its Restricted Subsidiaries in respect of any Asset Sale (including, without limitation, any cash received upon the sale or other disposition of any non-cash consideration received in any Asset Sale), net of (1) the direct costs relating to such Asset Sale, including, without limitation, legal, accounting and investment banking fees, sales commissions, relocation expenses incurred as a result of the Asset Sale, and taxes paid or payable as a result of the Asset Sale after taking into account any available tax credits or deductions and any tax sharing arrangements, (2) amounts required to be applied to the repayment of Indebtedness, other than Indebtedness under a Working Capital Facility, secured by a Lien on the asset or assets that were the subject of such Asset Sale, and (3) any reserve for adjustment in respect of the sale price of such asset or assets established in accordance with GAAP.

  • Excluded Proceeds means, with respect to any Asset Sale or Casualty Event, the sum of, (1) any Net Proceeds therefrom that constitute Declined Proceeds and (2) any Net Proceeds therefrom that otherwise are waived by the Required Facility Lenders from the requirement to be applied to prepay the applicable Term Loans pursuant to Section 2.05(2)(b).

  • Sales Proceeds means, with respect to any Transaction Vehicle, an amount equal to the aggregate amount of proceeds received by the Servicer from the purchaser in connection with the sale or other disposition of such Transaction Vehicle, net of any and all out-of-pocket costs and expenses incurred by the Servicer in connection with such sale or other disposition, including without limitation, all repossession, auction, painting, repair and any and all other similar liquidation and refurbishment costs and expenses.

  • Net Proceeds Amount means, with respect to any Transfer of any property by any Person, an amount equal to the difference of

  • Net Sales Proceeds means, in the case of a transaction described in clause (i)(A) of the definition of Sale, the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including all real estate commissions, closing costs and legal fees and expenses. In the case of a transaction described in clause (i)(B) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including any legal fees and expenses and other selling expenses incurred in connection with such transaction. In the case of a transaction described in clause (i)(C) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction actually distributed to the Company or the Operating Partnership from the Joint Venture less the amount of any selling expenses, including legal fees and expenses incurred by or on behalf of the Company (other than those paid by the Joint Venture). In the case of a transaction or series of transactions described in clause (i)(D) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction (including the aggregate of all payments under a Mortgage on or in satisfaction thereof other than regularly scheduled interest payments) less the amount of selling expenses incurred by or on behalf of the Company, including all commissions, closing costs and legal fees and expenses. In the case of a transaction described in clause (i)(E) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including any legal fees and expenses and other selling expenses incurred in connection with such transaction. In the case of a transaction described in clause (ii) of the definition of Sale, Net Sales Proceeds means the proceeds of such transaction or series of transactions less all amounts generated thereby which are reinvested in one (1) or more Assets within one hundred eighty (180) days thereafter and less the amount of any real estate commissions, closing costs, and legal fees and expenses and other selling expenses incurred by or allocated to the Company or the Operating Partnership in connection with such transaction or series of transactions. Net Sales Proceeds shall also include Refinancing Proceeds and any other amounts that the Company determines, in its discretion, to be economically equivalent to proceeds of a Sale. Net Sales Proceeds shall not include any reserves established by the Company, which shall be determined by the Board in its sole discretion.

  • Gross Proceeds means a share of the gross production of oil, gas, condensate, and natural gas liquids free of any and all cost of producing, gathering, storing, separating, treating, dehydrating, compressing, processing, transporting, marketing, or pipeline construction and maintenance.

  • Net Cash Proceeds with respect to any issuance or sale of Capital Stock, means the cash proceeds of such issuance or sale net of attorneys' fees, accountants' fees, underwriters' or placement agents' fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Distributable Cash Flow means the cash flow available for distribution to Shareholders as dividends as described under “Dividends”;

  • Cash Proceeds means proceeds that are money, checks, deposit accounts, or the like.

  • Asset Sale Proceeds means, with respect to any Asset Sale,

  • Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;

  • Net Securities Proceeds means the Cash proceeds (net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses) from the (i) issuance of Capital Stock of or incurrence of Indebtedness by Borrower or any of its Subsidiaries and (ii) capital contributions made by a holder of Capital Stock of Borrower.

  • Noncash proceeds means proceeds other than cash proceeds.

  • Net means the amount of a pollutant contained in the discharge measured in appropriate units as specified herein, less the amount of a pollutant contained in the surface water body intake source, measured in the same units, over the same period of time, provided:

  • Net Proceeds Deficiency shall have the meaning set forth in Section 6.4(b)(vi) hereof.

  • Net Sale Proceeds means, with respect to any Asset Sale (including, without limitation, any cash or Cash Equivalents received upon the sale or other disposition of any Designated Non-cash Consideration received in any Asset Sale), an amount in cash equal to the gross cash proceeds (including any cash received by way of deferred payment pursuant to a promissory note, receivable or otherwise, but only as and when received) received from such Asset Sale, net of (i) costs of, and expenses associated with, such Asset Sale (including fees and commissions), (ii) any taxes paid or payable as a result of such Asset Sale (including Borrower’s good faith estimate of any incremental income taxes that will be payable as a result of such Asset Sale, including pursuant to tax sharing arrangements or any tax distributions), (iii) payments of unassumed liabilities relating to the assets sold and required payments of any Indebtedness or other obligations (other than the Loans and Indebtedness secured on a pari passu or junior basis to the Loans) which are secured by the assets which were sold or would be in default under the terms thereof as a result of such Asset Sale, (iv) amounts provided as a reserve in accordance with U.S. GAAP against any liabilities under any indemnification obligation or purchase price adjustment associated with such Asset Sale (provided that to the extent and at the time any such amounts are released from such reserve to Borrower or any of its Restricted Subsidiaries, such amounts shall constitute Net Sale Proceeds), (v) cash escrows from the sale price for such Asset Sale (provided that to the extent and at the time any such amounts are released from escrow to Borrower or any of its Restricted Subsidiaries, such amounts shall constitute Net Sale Proceeds) and (vi) to the extent such Asset Sale involves any disposition of Investments made after the Closing Date, the permissibility of which was contingent upon the utilization of the Available Amount, the portion of the Available Amount so utilized in connection with such initial Investment.

  • Disposition Proceeds means, with respect to each Non-Program Vehicle, the net proceeds from the sale or disposition of such Non-Program Vehicle to any Person (other than any portion of such proceeds payable by the Lessee thereof pursuant to the Lease).

  • Investment Proceeds means, with respect to any Determination Date, all interest and other investment earnings (net of losses and investment expenses) on funds on deposit in the Series 1996-1 Accounts, together with an amount equal to the Series 1996-1 Allocation Percentage of the interest and other investment earnings on funds held in the Collection Account credited as of such date to the Collection Account pursuant to Section 4.02 of the Agreement.

  • Capital Stock Sale Proceeds means the aggregate cash proceeds received by the Company from the issuance or sale (other than to a Subsidiary of the Company or an employee stock ownership plan or trust established by the Company or any such Subsidiary for the benefit of their employees) by the Company of its Capital Stock (other than Disqualified Stock) after the Issue Date, net of attorneys’ fees, accountants’ fees, underwriters’ or placement agents’ fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of

  • Declined Proceeds has the meaning assigned to such term in Section 2.11(b)(v).