Excess Net Cash Proceeds definition

Excess Net Cash Proceeds shall have the meaning assigned to such term in Section 2.10(c)(i).

Excess Net Cash Proceeds as defined in Section 2.10(c).

Excess Net Cash Proceeds means, without duplication, (x) the Net Cash Proceeds of any Asset Sale (or series of related Asset Sales) or Casualty Event to the extent that such Net Cash Proceeds exceed the Excess Net Cash Proceeds Transaction Threshold (and only such amounts in excess of the Excess Net Cash Proceeds Transaction Threshold shall constitute Excess Net Cash Proceeds) and (y) the Net Cash Proceeds of all Asset Sales and Casualty Events in any fiscal year to the extent that such Net Cash Proceeds exceed the Excess Net Cash Proceeds Annual Threshold (and only such amounts in excess of the Excess Net Cash Proceeds Annual Threshold shall constitute Excess Net Cash Proceeds).

Examples of Excess Net Cash Proceeds in a sentence

• Following the occurrence of an Asset Sale, DIMAC Holdings will be required to apply the Excess Net Cash Proceeds therefrom to an offer to purchase outstanding Notes upon the terms set forth in the Indenture.

• Solve Disability Solutions' IT personnel will monitor social media use and any breach of this and/or any other relevant policy will be reported to the CEO.

• In the event that such Borrower or a Subsidiary Loan Party (A) does not enter into a contract for such replacement, acquisition, improvement or repair on or before the last day of such 180 day period or (B) does not effect such replacement, acquisition, improvement or repair on or before the last day of such 360 day period, Borrowers shall within five (5) Business Days thereof make a prepayment of the Revolving Loans in an amount equal to such Excess Net Cash Proceeds.

• Either option, though, will add to the complexity of PES projects.

• Notwithstanding the foregoing, as long as no Default shall have occurred and be continuing, the Borrower shall not be required to make any mandatory prepayment pursuant to this Subsection 2.04(b)(i) to the extent the Excess Net Cash Proceeds are reinvested in productive assets used by the Borrower and its Subsidiaries in the conduct of its business within 180 days from the date of receipt thereof.

More Definitions of Excess Net Cash Proceeds

Excess Net Cash Proceeds has the meaning specified in Section 8.3.

Excess Net Cash Proceeds means Net Cash Proceeds from Assets Sales which, together with all other Net Cash Proceeds from Asset Sales after January 1, 2000 (excluding the amount of such Net Cash Proceeds, if any, previously applied to reduce the Commitments pursuant to Section 2.8.2), exceed $10,000,000.

Excess Net Cash Proceeds means the amount, if any, by which the sum of the Net Cash Proceeds from (i) Permitted Debt issued after the Eleventh Amendment Effective Date and (ii) Equity Offerings (other than Equity Offerings constituting, and Equity Offerings the Net Cash Proceeds from which constitute, consideration or partial consideration paid by the Borrower for the Hxxxx Acquisition, the Maple Acquisition or the TCE Acquisition) made by any Credit Party or any Restricted Subsidiary after the Eleventh Amendment Effective Date exceeds the sum of (A) the aggregate principal amount of 2025 Senior Notes outstanding on the Eleventh Amendment Effective Date, (B) the unpaid accrued interest and premium thereon and (C) fees and expenses incurred in connection with the Redemption of the 2025 Senior Notes.

Excess Net Cash Proceeds has the meaning given to such term in Section 5.8(a).

Excess Net Cash Proceeds means the amount of Net Cash Proceeds received by the Company in excess of $5.0 million in the aggregate since the Issue Date.

Excess Net Cash Proceeds means, with respect to any Disposition, the amount by which Net Cash Proceeds received by the applicable US Borrower in such Disposition exceeds (i) in the case of the Longview, Washington Real Property, $3,250,000 and (ii) in the case of the Hickman, Arkansas Real Property, $550,000.

Excess Net Cash Proceeds is defined in Section 7.17.2(iii).