Gross Sale Proceeds means all consideration in any form directly or indirectly received by or for the account of the Tenant in connection with a Sale, including: (a) Cash Consideration;
Gross Sale Proceeds means the aggregate sale proceeds received by the Manager and/or its members in connection with a Sale Event.
Gross Sale Proceeds means, with respect to a New APS, (a) the gross sale price (inclusive of net HST payable in respect of such New APS) set out in such New APS less (b) in the case of an Opt-In Leslieville Purchaser, the amount of credit for its Existing Purchaser Deposit set out in such New APS.
Examples of Gross Sale Proceeds in a sentence
Project agreements indicate, and the Manager has confirmed, that where 'Gross Sale Proceeds' are insufficient, Growers will be invoiced for the shortfall.
That part of the 'Gross Sale Proceeds' from the Project attributable to the Grower's produce, less any GST payable on those proceeds (section 17-5), when derived will be assessable income of the Grower under section 6-5.
The Responsible Entity must ensure that the Gross Sale Proceeds are deposited into the Proceeds Fund (clause 18 of the Lease and Management Agreement).
At the agreed intervals for payment, typically on a monthly basis, we remit the Gross Sale Proceeds (after deducting all relevant fees and expenses owed to us) to the concessionaires.
For purposes of this transaction, Net Sale Proceeds is equal to Gross Sale Proceeds paid to the Developer reduced by the costs of sale including, but not limited to, sales commissions, escrow fees, and other costs of closing.
More Definitions of Gross Sale Proceeds
Gross Sale Proceeds means the $11,200,000 in gross Cash sale proceeds resulting from the DMZ Sale Transaction and the $6,800,000 in gross Cash sale proceeds resulting from the Enterprise/Champion Sale Transaction, less the Holdback Amounts (each as defined in the SFR Order).
Gross Sale Proceeds means as to the sale of any Unit and/or the grant by Mortgage Borrower of a parking license, the gross proceeds from the sale of such Unit and/or grant of such parking license, as applicable (after taking into account adjustments for any fees, expenses or transfer taxes of Mortgage Borrower paid by the purchaser of such Unit and/or licensee under such parking license and any mortgage recording tax reimbursement paid by such purchaser, and including any customary closing prorations paid by such purchaser such as real estate taxes in respect of accrual periods from and after the closing).
Gross Sale Proceeds in respect of the disposition of Minerals shall mean and be determined as follows:
Gross Sale Proceeds means the gross proceeds received from the sale of the Tailings (including Valuable Metals) that are processed or sold during the term of this Agreement, before any deductions as defined below: For greater certainty and without limitation, Gross Sale Proceeds shall not include deductions for any of the following items: (i) charges or costs for transportation of the Tailings to places where the Tailings are to be extracted, refined or sold; or (ii) charges or costs associated with extracting or refining Valuable Elements from the Tailings (including capital costs for the Processing Facility or otherwise).
Gross Sale Proceeds means the Sale Proceeds, less the aggregate amount of all fees and expenses (including taxes), incurred by the Company or the Investor or for or on behalf of the Company or the Investor, in connection with the negotiation, preparation, execution, and consummation of any Sale and distribution of related proceeds, plus any distributions or dividends (other than tax distributions) paid by the Company prior to the Sale, less the aggregate value, as of the date of the Sale, of all Investor Investments.
Gross Sale Proceeds means the net present value (calculated using a discount factor equal to the Specified Discount Factor per annum) of the gross proceeds received by the Purchaser and other equity holders of any Group Company from a Sale, including: (i) the value of any securities received by such persons in the Sale that are traded on a securities exchange or through the Nasdaq National Market, which shall be valued at the average of the closing prices of the securities on such exchange or quotation system over the 10-day period ending three days prior to the consummation of the Sale; (ii) the value of any non-cash proceeds, other than publicly-traded securities referred to in clause “(i)” above, which shall be valued at the fair market value of such proceeds as determined by an independent appraiser chosen by the Earn Out Representative with the consent of the Purchaser (such consent not to be unreasonably withheld or delayed); and (iii) any debt or capital lease obligations assumed or discharged by the buyer in the Sale or to which such Group Company is subject as of the date of completion of the Sale, which shall be included in Gross Sale Proceeds at its principal amount or accreted value, as the case may be, plus accrued and unpaid interest.
Gross Sale Proceeds means the cumulative proceeds received by ------------------- Landlord from time to time from (i) the exchange, condemnation, eminent domain taking, casualty, sale, or other disposition of all or a portion of Landlord's assets, or (ii) the liquidation of Landlord's property interest in the Hotels in connection with a dissolution of Landlord.