Allocated Proceeds definition

Allocated Proceeds as defined in Section 2.9(a).
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Allocated Proceeds has the meaning provided in Section 4.05.
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Allocated Proceeds as defined in Section 2.9(a). “Amendment No. 1”: Amendment No. 1 to this Agreement, dated as of October 24, 2019. “Amendment No. 1 Effective Date”: as defined in Amendment No. 1. “Annualized Asset Cash Flow Amount”: with respect to any Disposition of assets, an amount equal to the portion of Consolidated Operating Cash Flow for the most recent Asset Disposition Test Period ending prior to the date of such Disposition which was contributed by such assets multiplied by four.Amendment No. 2”: Amendment No. 2 to this Agreement, dated as of May 26, 2022. “Amendment No. 2 Effective Date”: as defined in Amendment No. 2. “Annualized Operating Cash Flow”: for any fiscal quarter, an amount equal to Consolidated Operating Cash Flow for such period multiplied by four. “Annualized Pro Forma Operating Cash Flow”: an amount, determined on any Disposition Date or Exchange Date in connection with any proposed Disposition or Exchange pursuant to Section 7.5(f) or (g), equal to Consolidated Operating Cash Flow for the most recent Asset Disposition Test Period multiplied by four, calculated in the manner contemplated by Section 1.2(f) but excluding the effect of such Disposition or Exchange. “Applicable Margin”: - 2-
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Examples of Allocated Proceeds in a sentence

  • Any Allocated Proceeds remaining that would have been applied but for the requirement that only whole shares be redeemed, shall be retained by Concorde and aggregated with subsequently received Allocated Proceeds for future Redemptions/Retirements.

  • Promptly upon the receipt of the Michigan Allocated Proceeds, Concorde shall redeem that number of whole shares of Class A Preferred Stock, or Class A-1 Preferred Stock, held by CenCor (or its assigns) equal to the amount of such Michigan Allocated Proceeds divided by the Redemption Price.

  • Upon the Redemption of all outstanding shares of Class A Preferred Stock owned by CenCor (or its assigns) and the Retirement of the entire Debenture (including accrued interest thereon), Concorde shall be entitled to retain any remaining Michigan Allocated Proceeds and CenCor has no further rights or interest in such Michigan Allocated Proceeds.

  • The Issuer will cause the Trustee to deposit into the Owner Project Account the Initial Allocated Proceeds Amount less the Owner’s Proportionate Share of the costs of issuance of the Series [ ] Bonds.

  • In the event the Michigan Property is sold prior to Closing, fifty percent (50%) of the proceeds, net of brokerage commissions, costs of sale, and taxes (the "Michigan Allocated Proceeds"), shall be applied to the retirement of Class A Preferred Stock or the Class A-1 Preferred Stock, whichever is then outstanding.

  • Promptly upon the receipt of Allocated Proceeds, Concorde shall redeem that number of whole shares of Preferred Stock held by CenCor (or its assigns) equal to the amount of such Allocated Proceeds divided by the Redemption Price.

  • If no Series B Exchange Notes are then outstanding, the Borrower shall prepay Loans and give a notice of redemption with respect to outstanding Series A Exchange Notes promptly (but no later than two (2) Business Days) after receipt of the Allocated Proceeds in amounts equal to the Initial Allocations thereto.

  • Notwithstanding anything herein to the contrary, Concorde shall have no obligation to effect a Redemption or Retirement unless and until its receipt of Michigan Allocated Proceeds.

  • If prior to the Closing Seller shall not have received insurance proceeds equal to the amount by which Seller's Allocated Proceeds exceeds the applicable insurance policy deductibles, then within five (5) Business Days after Purchaser's receipt of any insurance proceeds and written documentation evidencing the Seller's Allocated Proceeds Purchaser shall pay to Seller an amount equal to the unpaid Seller Allocated Proceeds in excess of the applicable insurance policy deductibles.

  • It is agreed that if Allocated Proceeds are not received by the Scheduled Date designated on Exhibit A, Concorde and P/W shall promptly notify CenCor and take all reasonably prudent steps necessary to collect such funds.


More Definitions of Allocated Proceeds

Allocated Proceeds means that portion of proceeds from the San J▇▇▇ Sale or the P/W Sale identified on Exhibit A, attached hereto and incorporated herein, actually received by Concorde and/or P/W.
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