Treatment of Proceeds. If the proceeds actually received by the General Partner in connection with an issuance of Securities by the General Partner are less than the gross proceeds of such offering, grant, award or issuance as a result of any underwriter’s discounts, commissions or other fees or expenses paid or incurred in connection with such offering, grant, award or issuance, then the General Partner shall be deemed to have made a Capital Contribution to the Partnership in the amount of the gross proceeds of such offering, grant, award or issuance and the Partnership shall be deemed simultaneously to have paid pursuant to Section 7.3(c) for the amount of such expenses.
Treatment of Proceeds. Except as set forth in Sections 2.9 and 4.4 hereof, all dividends, interest, distributions and all other interest or other earnings (which for the avoidance of doubt shall include any interest earned on the funds in the deposit account and any earnings on any Permitted Investments) of the Indemnification Collateral shall be released from the security interest created pursuant to this Agreement and Securities Intermediary shall promptly upon receipt thereof (i) credit to the Collateral Agent for distribution to the Pledgor as provided in the Pledge Agreement all such proceeds relating to the Pledge Collateral and (ii) deliver to Pledgor all such proceeds not relating to the Pledge Collateral.
Treatment of Proceeds. Except as set forth in Sections 2.9 and 4.4 hereof, all dividends, interest, distributions, amounts received in respect of redemption and all other proceeds of the Indemnification Collateral shall be released from the security interest created pursuant to this Agreement and Securities Intermediary shall promptly upon receipt thereof (i) credit to the Collateral Agent for distribution to the Pledgor as provided in the Pledge Agreement all such proceeds relating to the Pledge Collateral and (ii) deliver to Pledgor all such proceeds not relating to the Pledge Collateral.
Treatment of Proceeds. Equity Contributions made pursuant to Section 2.01(a) shall be deposited or transferred by the Sponsor as follows:
Treatment of Proceeds. (1) The Sec- retary of a military department shall deposit all amounts received pursuant to leases entered into by the Secretary under this section into a special account in the Treasury established for such military department.
Treatment of Proceeds. (i) If for any reason (including due to any applicable legal requirement), any Equity Contribution cannot be transferred to the Construction Equity Account, the Sponsor shall cause such amount to be transferred to the Collateral Agent for application in accordance with the Loan Documents.
Treatment of Proceeds. If the proceeds actually received by Landwin REIT in connection with an issuance of Securities by Landwin REIT are less than the gross proceeds of such offering, grant, award or issuance as a result of any underwriter’s discounts, commissions or other fees or expenses paid or incurred in connection with such offering, grant, award or issuance, then Landwin REIT shall be deemed to have made a Capital Contribution to the Partnership in the amount of the gross proceeds of such offering, grant, award or issuance and the Partnership shall be deemed simultaneously to have paid pursuant to Section 7.3(c) for the amount of such expenses.
Treatment of Proceeds. (1) The Sec- retary of a military department shall deposit all
Treatment of Proceeds. If the proceeds actually received by AHR in connection with an issuance of Securities by AHR are less than the gross proceeds of such offering, grant, award or issuance as a result of any underwriter’s discounts, commissions or other fees or expenses paid or incurred in connection with such offering, grant, award or issuance, then AHR shall be deemed to have made a Capital Contribution to the Partnership in the amount of the gross proceeds of such offering, grant, award or issuance, and the Partnership shall be deemed simultaneously to have paid pursuant to Section 7.3 for the amount of such expenses actually incurred and paid by AHR, with such expenses allocated to the applicable class or series of Partnership Units or other securities corresponding to the Securities issued by AHR.
Treatment of Proceeds. (i) (i) Not later than two (2) Business Days prior to each Equity Contribution Date, the Equity Investor shall notify the Collateral Agent whether it intends to fund all or any portion of its applicable Funding Contribution (such notice, a “Funding Notice”). If the Equity Investor elects to fund all or any portion of its Funding Contribution, it shall deposit such Funding Contribution in Dollars and immediately available funds directly into the relevant Project Account as set forth below in clause (ii) for application in accordance with such clause. If the Equity Investor funds a portion (but not all) of any Funding Contribution in Dollars, the Equity Investor shall notify the Collateral Agent which Equity Letters of Credit should be drawn on a Pro Rata Basis to fund the balance of such Funding Contribution (provided, however, that the Collateral Agent’s failure to draw in any particular manner or on any particular Equity Letter of Credit shall not limit or relieve the obligations of the Equity Investor hereunder or prevent the Collateral Agent from making any other drawing on any other Equity Letter of Credit in accordance with the terms hereof so long as the aggregate of all such drawings does not exceed the Drawing Amount). If the Equity Investor does not pay any of its Funding Contribution in accordance with this Section 2.1(b)(i), the Collateral Agent shall draw upon all Equity Letters of Credit on a Pro Rata Basis in the amount of such Funding Contribution, and, on the applicable Equity Contribution Date, the Collateral Agent shall deposit the proceeds of such draw (or draws) into the relevant Project Account as set forth below in clause (ii) for application in accordance with such clause (provided, however, that the Collateral Agent’s failure to draw in any particular manner or on any particular Equity Letter of Credit shall not limit or relieve the obligations of the Equity Investor hereunder or prevent the Collateral Agent from making any other drawing on any other Equity Letter of Credit in accordance with the terms hereof so long as the aggregate of all such drawings does not exceed the Drawing Amount).
