Examples of Unrestricted Proceeds in a sentence

Notwithstanding the foregoing, the City agrees that it will comply with the provisions of the LRPMP that require payment of Net Unrestricted Proceeds to the Taxing Entities.
The City agrees that, consistent with the LRPMP, in connection with the conveyance of any of the Development Properties, the City will remit the Net Unrestricted Proceeds to the Alameda County Auditor-Controller for distribution to the Taxing Entities in accordance with each Taxing Entity’s pro rata share of the Tax Base.
Upon the subsequent conveyance of the Development Property from the City to any private (non-public agency) third party, the City shall remit to the Auditor-Controller the Net Unrestricted Proceeds (if any) received by the City from the conveyance of the Development Property within 30 days after receipt by the City.
The Net Unrestricted Proceeds from the sale will be distributed as property tax to each taxing entity in an amount proportionate to its share of property tax revenues pursuant to Health and Safety Code Section 34188.
The Auditor-Controller thereafter shall have the obligation to distribute to the Taxing Entities in accordance with each Taxing Entity’s pro rata share of the Tax Base (pursuant to Health and Safety Code Section 34188 or other applicable law) the Net Unrestricted Proceeds remitted to the Auditor-Controller by the City pursuant to this Agreement.

More Definitions of Unrestricted Proceeds

Unrestricted Proceeds means, on any date of determination, (i) the sum of the following amounts received by the Borrower and Restricted Subsidiaries for the period from and after the Effective Date to such date of determination:

Unrestricted Proceeds means, as of any date of determination, (i) the sum of (A) Unrestricted Equity Proceeds for which the Administrative Agent has received a certificate pursuant to Section 7.1(f)(i) and (B) the Annual Permitted Net Income Restricted Payment Amount (less the amount of any Restricted Payments made by Vista in accordance with Section 8.6(a)(iii)), minus (ii) the sum of any (A) Investments made after the Effective Date by any Loan Party or Restricted Subsidiary in any Person other than a Loan Party or Restricted Subsidiary pursuant to Section 8.4(c) and (B) repayments made after the Effective Date by any Loan Party or any Restricted Subsidiary to any Person other than any Loan Party or any Restricted Subsidiary of any Deeply Subordinated Indebtedness pursuant to Section 8.6(c).”

Unrestricted Proceeds means that portion of the moneys

Unrestricted Proceeds means all Insurance Proceeds or Rig Rights Proceeds other than Restricted Proceeds;

Unrestricted Proceeds in connection with any German Subsidiaries Asset Sale or Xxx Xxxx Asset Sale, the Net Cash Proceeds of each of the foregoing after payments of the amounts required under Section 2.9(c)(iii) with respect to a German Subsidiaries Asset Sale or Xxx Xxxx Asset Sale, as the case may be.

Unrestricted Proceeds means $200,000 in the aggregate in any year for any event or any group of related event.

Unrestricted Proceeds means proceeds received from any of the following: (i) Unrestricted Equity Proceeds and (ii) the Annual Permitted Net Income Restricted Payment Amount; provided that, for the avoidance of doubt, after the initial use of such proceeds in accordance with this Agreement, any proceeds resulting therefrom, including any sale or disposition of assets acquired with such Unrestricted Proceeds or any Investments made with such Unrestricted Proceeds, shall not constitute Unrestricted Proceeds.