Common use of Specified Sales Clause in Contracts

Specified Sales. the disposition of property or assets as a result of a Recovery Event to the extent the Net Cash Proceeds therefrom are used to repay Loans pursuant to Section 2.8(b)(vi) or repair or replace damaged property or to purchase or otherwise acquire new assets or property in accordance with the terms of Section 2.8(b)(vi);

Specified Sales. the disposition of property or assets as a result of a Recovery Event to the extent the Net Cash Proceeds net proceeds therefrom are used to repay Loans pursuant to Section 2.8(b)(vi2.8(b) or repair or replace damaged property or to purchase or otherwise acquire new assets or property in accordance with the terms property, provided that such purchase or acquisition is consummated within 270 days of Section 2.8(b)(vi)such receipt;