Net Sale Proceeds. The proceeds realized by the Partnership upon the sale of any Partnership asset, net of expenses incident to such sale, the payment of any Partnership indebtedness secured by or related to such asset and satisfaction of any right of any other creditor of the Partnership (other than on account of a Partners' Loan or Partners' Priority Loan) or any tenant to receive such proceeds or a portion thereof for repayment of indebtedness or as additional interest.
Appears in 3 contracts
Samples: Brandywine Realty Trust, Brandywine Realty Trust, Brandywine Realty Trust
Net Sale Proceeds. The proceeds realized by the Partnership upon ----------------- the sale sale, exchange or other disposition of all or any substantial part of the Partnership assetproperty, net of expenses incident to such sale, the payment of any Partnership indebtedness secured by or related to any such asset assets and satisfaction of any right of any other creditor of the Partnership partnership (other than on account of a Partners' Loan or Partners' Priority LoanPartner) or any tenant to receive such proceeds or a portion thereof for repayment of indebtedness or as additional interestproceeds.
Appears in 3 contracts
Samples: Limited Partnership Certificate and Agreement (Flanigans Enterprises Inc), Certificate and Agreement (Flanigans Enterprises Inc), Certificate and Agreement (Flanigans Enterprises Inc)
Net Sale Proceeds. The proceeds realized by the Partnership upon the sale sale, exchange or other disposition of all or any substantial part of the Partnership assetproperty, net of expenses incident to such sale, the payment of any Partnership indebtedness secured by or related to any such asset assets and satisfaction of any right of any other creditor of the Partnership partnership (other than on account of a Partners' Loan or Partners' Priority LoanPartner) or any tenant to receive such proceeds or a portion thereof for repayment of indebtedness or as additional interestproceeds.
Appears in 3 contracts
Samples: Limited Partnership Certificate and Agreement (Flanigans Enterprises Inc), Limited Partnership Certificate and Agreement (Flanigans Enterprises Inc), Limited Partnership Certificate and Agreement (Flanigans Enterprises Inc)
Net Sale Proceeds. The proceeds realized by the Partnership Company upon the sale of all or any Partnership part of any Company asset, net of expenses incident to such sale, the payment of any Partnership Company indebtedness secured by or related to such asset and satisfaction of any right of any other creditor of the Partnership (other than on account of a Partners' Loan or Partners' Priority Loan) or any tenant Company to receive such proceeds or a portion thereof for repayment of indebtedness or as additional interestproceeds.
Appears in 2 contracts
Samples: Operating Agreement (Epl Technologies Inc), Operating Agreement (Epl Technologies Inc)
Net Sale Proceeds. The proceeds realized by the Partnership upon the sale sale, exchange or other disposition of all or any substantial part of the Partnership assetproperty, net of expenses incident to such sale, the payment of any Partnership indebtedness secured by or related to any such asset assets and satisfaction of any right of any other creditor of the Partnership partnership (other than on account of a Partners' Loan or Partners' Priority LoanPartner) or any tenant to receive such proceeds or a portion thereof for repayment of indebtedness or as additional interest.proceeds. 1.18
Appears in 1 contract
Samples: Certificate and Agreement (Flanigans Enterprises Inc)
