Minimum Proceeds definition

Minimum Proceeds means the aggregate amount necessary to pay in full (i) all indebtedness of the Parent or any of its subsidiaries outstanding at the closing of the IPO incurred for purposes of financing any acquisitions by the Parent or any of its subsidiaries, (ii) the aggregate redemption prices for the redemption of all of the Parent's preferred stock outstanding at the closing of the IPO issued by the Parent in connection with then completed acquisitions by the Parent or any of its subsidiaries, and (iii) the aggregate cash payable by the Parent or any of its subsidiaries in connection with all then pending acquisitions.

Minimum Proceeds means the aggregate amount necessary to pay in full (i) all indebtedness of the Parent and any of its subsidiaries outstanding at the closing of the IPO and incurred for purposes of financing any acquisitions by the Parent or any of its subsidiaries (including the refinancing of acquired Company indebtedness), (ii) the aggregate redemption prices for the redemption of all of the Parent's preferred stock outstanding at the closing of the IPO issued by the Parent in connection with then completed acquisitions by the Parent or any of its subsidiaries, and (iii) the aggregate cash payable by the Parent or any of its subsidiaries in connection with all then pending acquisitions.

Minimum Proceeds has the meaning set forth in the preamble to this Agreement. "Most Recent Balance Sheet" means the balance sheet contained within the unaudited consolidated and consolidating balance sheets and statements of income, changes in stockholders' equity, and cash flow as of and for the months ended December 27, 1997. "Most Recent Fiscal Month End" means December 27, 1997.

Examples of Minimum Proceeds in a sentence

• Minimum Proceeds If the proceeds are less than $2,000, we reserve the right to pay them out as a lump sum instead of applying them to a payment option.

• Concerns regarding cash collateral reinvestment have been raised by several bodies, including the OFR.

• Minimum Proceeds If the proceeds are less than $2,000, we reserve the right to pay them out as a lump sum instead of applying them to an income option.

• As such, the Company subsequently decided to conduct the Rights Issue on non-underwritten basis and to adopt the Placing (with the Minimum Proceeds Condition) simultaneously in order to ensure sufficient funds could be raised.

• If the gross proceeds of the Placing, when aggregated with the proceeds from the Rights Issue, achieve or exceed the Minimum Proceeds Condition by the close of placing period, both the Rights Issue and the Placing will (assuming all other conditions are also satisfied) complete simultaneously.

More Definitions of Minimum Proceeds

Minimum Proceeds means an amount deposited with the Escrow Agent of no less than $520,000.

Minimum Proceeds means the aggregate dollar amount derived from the Minimum Offering at the Price Per Share.

Minimum Proceeds means:

Minimum Proceeds shall have the meaning set forth in Section 2.07(b).

Minimum Proceeds means $14.5 million.

Minimum Proceeds has the meaning set forth in Section 7.09.

Minimum Proceeds means the minimum proceeds of the Initial Issue, being £20 million (or such lesser amount as the Company and Stifel may determine and notify to investors via a Regulatory Information Service announcement and a supplementary prospectus);