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 a Change of Ownership, the “Net Proceeds Share” shall be the amount by which the greater of the following exceeds the Administrative Charge paid by Lessee to County in connection with such Change of Ownership: (a) the lesser of (i) the Net Transfer Proceeds from such Change of Ownership, or (ii) five percent (5%) of the Gross Transfer Proceeds from such Change of Ownership; or (b) twenty percent (20%) of the Net Transfer Proceeds from such Change of Ownership.

• With respect to any Change of Ownership described in Subsection 4.6.1(b), Subsections 4.8.1 and 4.8.2 shall apply (as applicable), except that any rents or other amounts received by Lessee from the Major Sublessee a percentage of which is passed through to County under any provision of this Lease (other than payment of Net Proceeds Share) shall be disregarded in the computation of Net Transfer Proceeds.

• The estimated closing statement shall be updated as of the date for close of escrow under the Transfer to show the actual Net Transfer Proceeds and Landlord's share thereof.

• For a Tenant Ownership Change, the Value Appreciation Rent shall be the greater of (a) the lesser of (i) the Net Transfer Proceeds or (ii) four percent (4%) of the Gross Transfer Proceeds, or (b) fourteen percent (14%) of Net Transfer Proceeds.

• Notwithstanding the foregoing, in the case of a Change of Ownership described in Subsection 4.6.1(b), the Net Proceeds Share shall be payable to County as and when the Net Transfer Proceeds are received, with the Net Proceeds Share being equitably apportioned to the payments derived by Xxxxxx from said Change of Ownership (other than any payments passed through to County under this Lease).

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 is defined in Section 3.03(a).

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 has the meaning set forth in Section 7.05(a).

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:

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 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).