Available Cash Proceeds definition

Available Cash Proceeds of any Asset Sale means:

Available Cash Proceeds means, with respect to any sale, lease, transfer or other disposition of assets, the aggregate cash payments (including any cash received by way of deferred payment pursuant to a note receivable issued in connection with such sale, lease, transfer or other disposition, other than the portion of such deferred payment constituting interest, and including any amounts received as disbursement or withdrawals from any escrow or similar account established in connection with any such sale, lease, transfer or other disposition, but, in either such case, only as and when so received; but excluding any portion of cash payments which the Borrower determines in good faith (x) should be reserved for post-closing adjustments (to the extent the Borrower delivers to the Administrative Agent a certificate signed by its chief financial officer, treasurer, controller or chief accounting officer as to such determination) or (y) must be applied to repurchase Senior Notes pursuant to the Senior Note Documents (to the extent the Borrower delivers to the Administrative Agent a certificate signed by its chief financial officer, treasurer, controller or chief accounting officer as to such determination), it being understood and agreed that on the date that all such post-closing adjustments have been determined and/or the date such repurchases shall be required to be effected, as the case may be, the amount (if any) by which the reserved amount in respect of such sale or disposition exceeds the actual post-closing adjustments payable by the Borrower or any of its Subsidiaries or actual amount expended in connection with such repurchases, as the case may be, shall constitute Available Cash Proceeds on such date) received by the Borrower and/or any of its Subsidiaries from such sale, lease, transfer or other disposition.

Available Cash Proceeds means the gross cash proceeds received by the Company from any Sale or Issuance Transaction, less all fees and expenses incurred in connection therewith, including, without limitation, legal expenses, customary commissions, and all federal, state, local and foreign taxes assessed in connection therewith.

Examples of Available Cash Proceeds in a sentence

• Other important benefits in order of satisfaction are: opportunities for promotion (3.51), amount of holiday and vacation (3.43) and job security under New CDTF at 2.95.

• Subject to the terms of the Senior Indebtedness, within 105 days after the end of each fiscal year of the Company, the Company shall apply 100% of the Excess Cash Flow of the Company to the redemption of the Notes and the WCAS Notes; and (b) within five (5) days after the consummation of any Sale or Issuance Transaction by the Company, the Company shall apply 100% of its Available Cash Proceeds of such Sale or Issuance Transaction to the redemption of the Notes and the WCAS VII Notes.

• Subject to the terms of the Credit Agreement, within 105 days after the end of each fiscal year of the Company, the Company shall apply 100% of the Excess Cash Flow of the Company to the redemption of the Notes and the WCAS Notes; and (b) within five (5) days after the consummation of any Sale or Issuance Transaction by the Company, the Company shall apply 100% of its Available Cash Proceeds of such Sale or Issuance Transaction to the redemption of the Notes and the WCAS VII Notes.

• Section 186 of the Companies Act, 2013, except sub-section (1) thereof, does not apply to the Company.

• Subject to the terms of the Senior Indebtedness, within 150 days after the end of each fiscal year of the Company, the Company shall apply 100% of the Excess Cash Flow of the Company to the redemption of the Notes and the WCAS Notes; and (b) within 50 days after the consummation of any Sale or Issuance Transaction by the Company, the Company shall apply 100% of its Available Cash Proceeds of such Sale or Issuance Transaction to the redemption of the Notes and the WCAS VII Notes.

More Definitions of Available Cash Proceeds

Available Cash Proceeds means (i) with respect to the disposition of IM Parks, Inc. and its Subsidiaries permitted by Section 5.02(e)(viii), $93,000,000 and (ii) with respect to disposition of the Proficient Food Companies permitted by Section 5.02(e)(ix), $118,000,000.

Available Cash Proceeds means, as of any date, (a) Aggregate Cash Proceeds as of such date, minus (b) the aggregate Non-Core Asset Indemnification Payments paid on or prior to such date, minus (c) the aggregate amount of Note Prepayments made prior to such date.

Available Cash Proceeds means the amount by which the net proceeds of the IPO (not including the proceeds of any exercise by FT or DT of its Top-Up Rights but including the proceeds of any exercise by any Cable Parent of its Top-Up Rights ) exceed $500 million.

Available Cash Proceeds shall have the meaning given such term in ----------------------- Paragraph 7(k) above.

Available Cash Proceeds means (i) with respect to the disposition of IM Parks, Inc. and its Subsidiaries permitted by Section 5.02 (e)(viii), $93,000,000 and (ii) with respect to disposition of the Proficient Food Companies permitted by Section 5.02(e)(ix), $118,000,000.

Available Cash Proceeds means all Net Cash Proceeds of Asset Sales by the Company or any Subsidiary (other than sales of inventory and dispositions of obsolete, unused, surplus or unnecessary equipment, in each case in the ordinary course of business) to a Person other than the Company or a Subsidiary.

Available Cash Proceeds means, with respect to an Investment Pool, all Cash Proceeds of such Investment Pool at any particular time available for distribution after Owner makes reasonable provision for (a) payment of all operating expenses of such Investment Pool as of such time and (b) payment of all outstanding and unpaid current obligations relating to such Investment Pool as of such time.