Common use of Payment Due on Capital Transaction Clause in Contracts

Payment Due on Capital Transaction. Notwithstanding any other provision to the contrary, subject to Section 5.03 of the Loan Agreement, if there is a Capital Transaction, then the Borrower shall distribute twenty-five percent (25%) of the Net Proceeds resulting from the Capital Transaction to the County Board as a payment on the then outstanding principal and accrued interest on the AHIF Loan.

Payment Due on Capital Transaction. Notwithstanding any other provision to the contrary, subject to Section 5.03 of the Loan Agreementbelow, if there is a Capital Transaction, then the Borrower shall distribute twenty-five percent (25%) of the Net Proceeds resulting from the Capital Transaction to the County Board as a payment on the then outstanding principal and accrued interest on the AHIF Loan; provided that the distribution of Net Proceeds to the County Board shall not exceed the then outstanding principal and accrued interest on the AHIF Loan.

Payment Due on Capital Transaction. Notwithstanding any other provision to the contrary, subject to Section 5.03 of the Loan Agreementbelow, if there is a Capital Transaction, then the Borrower shall distribute twenty-five fifty percent (2550%) of the Net Proceeds resulting from the Capital Transaction to the County Board as a payment on the then outstanding principal and accrued interest on the AHIF Loan; provided that the distribution of Net Proceeds to the County Board shall not exceed the then outstanding principal and accrued interest on the AHIF Loan.

Payment Due on Capital Transaction. Notwithstanding any other provision to the contrary, subject to Section 5.03 of the Loan Agreement, if there is a Capital Transaction, then the Borrower shall distribute twenty-five fifty percent (2550%) of the Net Proceeds resulting from the Capital Transaction to the County Board as a payment on the then outstanding principal and accrued interest on the AHIF Loan.

Payment Due on Capital Transaction. Notwithstanding any other provision to the contrary, contrary and subject to Section 5.03 of the Amended and Restated AHIF Loan Agreement, if there is a Capital Transaction, then the Borrower shall distribute twenty-five fifty percent (2550%) of the Net Proceeds resulting from the Capital Transaction to the County Board as a payment on the then outstanding principal and accrued interest on the AHIF Base Loan.

Payment Due on Capital Transaction. Notwithstanding any other provision to the contrary, subject to Section 5.03 of the Loan Agreement, if there is a Capital Transaction, then the Borrower shall distribute twenty-five percent (25%) of the Net Proceeds resulting from the Capital Transaction to the County Board as a payment on the then outstanding principal and accrued interest on the AHIF LoanCounty Loans.

Payment Due on Capital Transaction. Notwithstanding any other provision to the contrary, contrary and subject to Section 5.03 of the Amended and Restated AHIF Loan Agreement, if there is a Capital Transaction, then the Borrower shall distribute twenty-five fifty percent (2550%) of the Net Proceeds resulting from the Capital Transaction to the County Board as a payment on the then outstanding principal and accrued interest on the AHIF County Loan.