Gross Proceeds definition

Gross Proceeds means a share of the gross production of oil, gas, condensate, and natural gas liquids free of any and all cost of producing, gathering, storing, separating, treating, dehydrating, compressing, processing, transporting, marketing, or pipeline construction and maintenance.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Gross Proceeds means the aggregate purchase price of all Shares sold for the account of the Company through an Offering, without deduction for Organization and Offering Expenses.

Gross Proceeds means the aggregate purchase price of all Shares sold for the account of the Company through an Offering, without deduction for Selling Commissions, volume discounts, any marketing support and due diligence expense reimbursement or Organization and Offering Expenses. For the purpose of computing Gross Proceeds, the purchase price of any Share for which reduced Selling Commissions are paid to the Dealer Manager or a Soliciting Dealer (where net proceeds to the Company are not reduced) shall be deemed to be the full amount of the offering price per Share pursuant to the Prospectus for such Offering without reduction.

Examples of Gross Proceeds in a sentence

Where a Monetization Event relates to more than one Voucher, including a Qualifying Voucher, or where Gross Proceeds or Permitted Deductions relate to more than one Voucher, including a Qualifying Voucher, the Gross Proceeds, Permitted Deductions and resulting CVR Payment shall be allocated to the Qualifying Voucher in good faith by the Board for purposes of applying the Payment Cap, and such allocation shall be final and binding on the Holders absent manifest error.
The obligation of the Company to pay any CVR Payment in respect of a Monetization Event that occurs prior to the Expiration Date, including any deferred amount under Section 3.3 and any amount payable upon the subsequent receipt of Gross Proceeds in respect of such Monetization Event, shall survive the Expiration Date until paid in full.
Until the Expiration Date and the payment in full of all CVR Payments, the Company shall keep, and shall cause its Affiliates to keep, true, complete and accurate records in sufficient detail to permit the determination of the Gross Proceeds, Permitted Deductions, Net Proceeds and CVR Payments under this Agreement.
Where Gross Proceeds in respect of a Monetization Event are received in installments or at different times (including upon the release of escrowed or held-back amounts or the receipt of deferred or contingent consideration), a separate CVR Payment shall be calculated and paid in respect of each such receipt of Gross Proceeds, and Permitted Deductions shall be applied in the order incurred.
If a Company Use of a Qualifying Voucher occurs, or if a Change of Control is consummated at a time when the Company or any of its Affiliates holds a Qualifying Voucher that has not been the subject of a Voucher Sale, such Company Use or Change of Control shall constitute a Monetization Event, and the Gross Proceeds thereof shall be deemed to equal the Fair Market Value of such Qualifying Voucher.

More Definitions of Gross Proceeds

Gross Proceeds means the charges made or voluntary contributions received for the lease or rental

Gross Proceeds means any proceeds as defined in Section 1.148-1(b) of the Regulations, and any replacement proceeds as defined in Section 1.148-1(c) of the Regulations, of the Bonds.

Gross Proceeds means the gross proceeds that are required to be paid to the issuer for listed securities distributed under a TSX Venture exchange offering document;

Gross Proceeds means the total amount of consideration for the transfer of technology, whether the consideration is in money or otherwise.

Gross Proceeds means gross revenue received less prizes paid out.

Gross Proceeds means, without duplication, the aggregate of:

Gross Proceeds means the aggregate purchase price of all shares of Common Stock sold for the account of the General Partner through an Offering, without deduction for Organization and Offering Expenses. For the purpose of computing Gross Proceeds, the purchase price of any share of Common Stock for which reduced selling commissions are paid to (i) Realty Capital Securities, LLC or any successor dealer manager to the General Partner or (ii) a broker-dealer (where net proceeds to the General Partner are not reduced) shall be deemed to be the full amount of the offering price per share of Common Stock pursuant to the Registration Statement for such Offering without reduction.