Disposition Proceeds definition

Disposition Proceeds means, with respect to each Group I/II Non-Program Vehicle, the net proceeds from the sale or disposition of such Group I/II Eligible Vehicle to any Person (other than any portion of such proceeds payable by the Group I/II Lessee thereof pursuant to any Group I/II Lease).
Disposition Proceeds. With respect to a Disposition, (x) the proceeds of the Disposition remitted to the Trust in respect of the Mortgage Loans transferred on the date of and with respect to such Disposition, including without limitation, any cash and Excess Interest Securities created in any related Securitization less all costs, fees and expenses incurred in connection with such Disposition, including, without limitation, all amounts deposited into any reserve accounts upon the closing thereof, minus (y) all other amounts agreed upon in writing by the Note Purchaser, the Trust and the Servicer.
Disposition Proceeds means (i) in the case of a merger or any other stock transaction, (A) the average price per share received by the holders of Common Stock or by the Company or its Subsidiaries in connection with such transaction, multiplied by (B) the sum of (x) the total number of shares of Common Stock then outstanding, plus (y) the total number of shares of Common Stock issuable upon exercise or conversion of any then outstanding and exercisable warrants, options or convertible securities pursuant to which the Company is then obligated to issue shares of Common Stock, or (ii) in the case of any liquidation or sale of assets (including, without limitation, the sale by the Company of the capital stock of its Subsidiaries), the Net Worth of the Common Stock of the Company immediately prior to such liquidation or immediately after such sale.

Examples of Disposition Proceeds in a sentence

  • Except as expressly set forth to the contrary below, after the expiration of the Investment Period, all Disposition Proceeds shall be distributed to all Partners (other than Defaulting Partners) in the order and priority set forth in this Section 4.2(a); provided, however, that after the expiration of the Investment Period, the Partnership may retain Investment Proceeds to fund obligations and Investments that otherwise could be funded pursuant to Section 3.1(b).

  • During the Investment Period, the Partnership may distribute Disposition Proceeds, and shall distribute Current Proceeds, in accordance with this Article IV, it being expressly understood and agreed that any distributions of Disposition Proceeds made during the Investment Period are made at the sole discretion of the General Partner.

  • The amount of any taxes paid by the Partnership or withheld from receipts of the Partnership that are allocable to a Partner from an Investment shall be determined in good faith by the General Partner, based upon the extent to which the payment or withholding of such taxes reduced Current Proceeds or Disposition Proceeds, as the case may be, otherwise distributable to such Partner (as determined by the General Partner in good faith) as provided herein.


More Definitions of Disposition Proceeds

Disposition Proceeds means the excess of the proceeds received by the Partnership from the sale, exchange or other disposition of all or substantially all of the Partnership’s Property less any expenses incurred or paid by the Partnership in connection with such transaction.
Disposition Proceeds means, with respect to each Non-Program Vehicle, the net proceeds from the sale or disposition of such Non-Program Vehicle to any Person (other than any portion of such proceeds payable by the Lessee thereof pursuant to the Lease).
Disposition Proceeds means, with respect to each Series 2010-3 Non-Program Vehicle, the net proceeds from the sale or disposition of such Series 2010-3 Non-Program Vehicle to any Person (other than any portion of such proceeds payable by the Lessee thereof pursuant to the Series 2010-3 Lease).
Disposition Proceeds means the net proceeds (other than the portion of the Repurchase Price payable (i) by the Manufacturer pursuant to a Manufacturer Program or (ii) with respect to Non-Program Vehicles, by the Lessee pursuant to the HVF Lease) from the sale or disposition of an HVF Vehicle to any Person, whether at an Auction or otherwise.
Disposition Proceeds means any amounts (including property, such as an agreement to provide services) derived from the sale, exchange or other disposition of property (other than Investments) financed with the proceeds of the Obligations.
Disposition Proceeds shall have the meaning specified in the Base Indenture and shall specifically include Substitute Group III Exchanged Vehicle Proceeds and the proceeds from Group III Exchanged Vehicles.