Net Securities Proceeds definition

Net Securities Proceeds means the Cash proceeds (net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses) from the (i) issuance of Capital Stock of or incurrence of Indebtedness by Borrower or any of its Subsidiaries and (ii) capital contributions made by a holder of Capital Stock of Borrower.

Net Securities Proceeds means the cash proceeds (net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses) from the (i) issuance of Capital Stock of or incurrence of Indebtedness by Company or any of its Subsidiaries and (ii) capital contributions made by a holder of Capital Stock of Company.

Net Securities Proceeds has the meaning set forth in subsection 2.4B(iii)(c).

Examples of Net Securities Proceeds in a sentence

• Concurrently with any prepayment of the Loans and/or reduction of the Revolving Loan Commitment Amount pursuant to subsections 2.4B(iii)(a)-(e), Company shall deliver to Administrative Agent an Officer’s Certificate demonstrating the calculation of the amount of the applicable Net Asset Sale Proceeds, Net Insurance/Condemnation Proceeds, Net Securities Proceeds, or Consolidated Excess Cash Flow, as the case may be, that gave rise to such prepayment and/or reduction.

• Sign hereDate here Signature(s) of Depositor(s) / Joint Depositors For corporations, please sign as per your signing mandate and where appropriate, the Common Seal is to be affixed in accordance withyour Constitution or relevant constitutive documents.

• In addition, the Applicable Margin shall increase by an additional 0.25% at the beginning of each subsequent three-month period, commencing May 1, 2001, unless and until Company shall have completed (after the date hereof) one or more Capital Markets Transactions and applied at least $300,000,000 of Net Securities Proceeds therefrom in the aggregate to reduce the Aggregate Bridge Commitment.

• The sealed container of one part of the sample for analysis and a memorandum in Form VII shall be sent in a sealed packet to the public analyst immediately but not later than the succeeding working day by any suitable means.

• Concurrently with any prepayment of the Loans and/or reduction of the Revolving Loan Commitment Amount pursuant to subsections 2.4B(iii)(a)-(d), Company shall deliver to Administrative Agent an Officer’s Certificate demonstrating the calculation of the amount of the applicable Net Asset Sale Proceeds, Net Insurance/Condemnation Proceeds, Net Securities Proceeds, or Consolidated Excess Cash Flow, as the case may be, that gave rise to such prepayment and/or reduction.

More Definitions of Net Securities Proceeds

Net Securities Proceeds means, with respect to any sale or ----------------------- issuance of equity securities (whether common or preferred, options, warrants or capital appreciation rights, but excluding any sales or issuances of stock pursuant to employee stock purchase plans, employee stock option plans or other employee benefit plans), the excess of (A) the gross cash and noncash proceeds received or receivable by the Company or any Subsidiary from such issuance minus ----- (B) the sum of (i) all Attorney Costs and underwriting and accounting fees and disbursements and government fees actually paid (or reasonably expected to be paid during the fiscal year in 66 which such sale or issuance occurs) in connection with such sale or issuance which are not payable to the Company or to any Affiliate of the Company or any Subsidiary; and (ii) all taxes actually paid in connection with such sale or issuance.

Net Securities Proceeds has the meaning assigned to that term in subsection 2.4A(iii)(b)."

Net Securities Proceeds has the meaning set forth in subsection 2.4B(ii)(c).

Net Securities Proceeds. With respect to the issuance by the Borrower or any of its Subsidiaries of any capital stock or partnership or membership interests, as applicable, (other than the issuance and sale by the Borrower of capital stock of the Borrower to Xxx X. Xxxxxxxxxx or any Person of which Xxx X. Xxxxxxxxxx owns, directly or indirectly, 100% of the outstanding capital stock or partnership or membership interests, as applicable, and the issuance and sale by any Subsidiary of the Borrower of capital stock or partnership or membership interests, as applicable, of such Subsidiary to the Borrower or to any other Subsidiary of the Borrower), the gross amount of cash consideration payable to or receivable by the Borrower or any of its Subsidiaries in respect of such issuance, less (to the extent applicable and without duplication) reasonable sales and underwriting commissions, investment banking, accounting and legal fees and disbursements, printing expenses, rating agency, stock exchange, trustee fees and similar reasonable and customary fees, and any governmental fees incurred in connection with such issuance and payable by the issuer of such capital stock or partnership or membership interests, as applicable. If the Borrower or any of its Subsidiaries receives any property (other than cash) as part of the consideration for any such issuance, Net Securities Proceeds shall be deemed to include any cash payments in respect of such property when and to the extent received by the Borrower or any of its Subsidiaries.

Net Securities Proceeds means the cash proceeds (net of underwriting discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses and taxes paid or payable) from the (i) issuance of Capital Stock of or incurrence of Indebtedness by Holdings, Company or any of its Subsidiaries, and (ii) capital contributions made by a holder of Capital Stock of Holdings. Net Securities Proceeds shall not include (a) any capital contribution by Holdings, Company or any Subsidiary of either or (b) the proceeds of the issuance or sale of any Capital Stock of a Subsidiary of Company, in each case, to Company or another Subsidiary of Company.

Net Securities Proceeds the cash proceeds, net of underwriting ----------------------- discounts and commissions and other reasonable costs and expenses associated therewith, including reasonable legal fees and expenses, from the issuance of any Equity Interests of the Borrower after the Effective Date.

Net Securities Proceeds with respect to any private or public offering of securities means the gross proceeds thereof received by or for the account of Lexington net of (a) underwriting discounts and commissions and (b) reasonable out-of-pocket fees and expenses incurred in connection with such offering or borrowing.