Cash Proceeds definition

Cash Proceeds means proceeds that are money, checks, deposit accounts, or the like.
Cash Proceeds shall have the meaning assigned in Section 7.7.
Cash Proceeds means, with respect to any Asset Sale, the aggregate cash payments (including any cash received by way of deferred payment pursuant to a note receivable issued in connection with such Asset Sale, other than the portion of such deferred payment constituting interest, but only as and when so received) received by the Borrower and/or any Subsidiary from such Asset Sale.

Examples of Cash Proceeds in a sentence

  • Any mandatory prepayment of Delayed Draw Term Loan Tranche A Loans resulting from the receipt of Net Cash Proceeds or Capital Markets Proceeds shall be made within three (3) Business Days of receipt of such Net Cash Proceeds or Capital Markets Proceeds, as the case may be.

  • Upon the incurrence or issuance by any Loan Party or any of its Subsidiaries of any Indebtedness (other than Indebtedness expressly permitted to be incurred or issued pursuant to Section 7.01), Borrower shall prepay an aggregate principal amount of Loans equal to all Net Cash Proceeds received therefrom promptly after receipt thereof by such Loan Party or such Subsidiary, plus the Prepayment Premium applicable at the time of such prepayment.

  • Any required Delayed Draw Term Loan Tranche A Commitment reduction shall be automatically effective on the same day as such Net Cash Proceeds or Capital Markets Proceeds are received or such decrease in cash consideration occurs.


More Definitions of Cash Proceeds

Cash Proceeds means proceeds that are money,
Cash Proceeds means all proceeds of any Collateral consisting of cash, checks and other near-cash items.
Cash Proceeds means, with respect to any Asset Sale, Cash payments (including any Cash received by way of deferred payment pursuant to, or monetization of, a note receivable or otherwise, but only as and when so received) received from such Asset Sale.
Cash Proceeds means proceeds that are money, checks, deposit
Cash Proceeds means all Proceeds of any Collateral received by any Grantor or Secured Party consisting of cash and checks.
Cash Proceeds. Chattel Paper", "Commercial Tort Claim", "Commodity Account", "Commodity Contracts", "Deposit Account", "Documents", "Equipment", "Fixtures", "General Intangibles", "Goods", "Instruments", "Inventory", "Investment Property", "Letter-of-Credit Rights", "Noncash Proceeds", "Payment Intangibles", "Proceeds", "Promissory Notes", "Security", "Record", "Security Account", "Software", and "Supporting Obligations".
Cash Proceeds means any Cash held by or on behalf of the Issuer in relation to the Notes (including for the avoidance of doubt any Cash amounts comprising the Net Proceeds)