{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "transfer-of", "type": "definition", "offset": [27, 38]}, {"key": "gross-sales-price", "type": "definition", "offset": [57, 74]}, {"key": "down-payment", "type": "definition", "offset": [123, 135]}, {"key": "total-sales-price", "type": "definition", "offset": [171, 188]}, {"key": "by-the-purchaser", "type": "clause", "offset": [194, 210]}, {"key": "transfer-expenses", "type": "definition", "offset": [218, 235]}], "snippet": "means, with respect to the Transfer of any Property, the gross sales price for such Property (including any \u2587\u2587\u2587\u2587\u2587\u2587\u2587 money, down payment or similar deposit included in the total sales price paid by the purchaser), less Transfer Expenses.", "samples": [{"hash": "jO2Ib2mUoTt", "uri": "/contracts/jO2Ib2mUoTt#net-transfer-proceeds", "label": "Loan Agreement (Vinebrook Homes Trust, Inc.)", "score": 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successor Concessionaire (but in the case of a transfer to a party affiliated with or otherwise related to the transferor, such consideration shall in no event be deemed to be less than the fair value of the interests transferred), minus the following costs with respect to such successor Concessionaire: [strike through end] [strike through begin] (1) The purchase price such successor paid to Concessionaire or such successor's seller for the interest acquired; [strike through end]", "samples": [{"hash": "6cLmf0fGvDg", "uri": "/contracts/6cLmf0fGvDg#net-transfer-proceeds", "label": "Concession Agreement (California Beach Restaurants Inc)", "score": 18.0, "published": true}], "size": 1, "hash": "13edff2bd68294b017603e6fe72ff1b5", "id": 9}, {"snippet_links": [{"key": "gross-proceeds", "type": "definition", "offset": [10, 24]}, {"key": "applicable-costs", "type": "definition", "offset": [35, 51]}, {"key": "this-subsection", "type": "definition", "offset": [69, 84]}, {"key": "sum-of", "type": "clause", "offset": [124, 130]}, {"key": "with-respect-to", "type": "clause", "offset": [145, 160]}, {"key": "successor-lessee", "type": "definition", "offset": [166, 182]}], "snippet": "means the Gross Proceeds minus the Applicable Costs. For purposes of this subsection 4.8.2, Applicable Costs shall mean the sum of the following with respect to such successor Lessee:", "samples": [{"hash": "3wPnOM8nFnm", "uri": "/contracts/3wPnOM8nFnm#net-transfer-proceeds", "label": "Lease Agreement", "score": 27.0145272828, "published": true}], "size": 1, "hash": "1ea273ef19fc87273da3cb96eee0e00d", "id": 10}], "next_curs": "CmISXGoVc35sYXdpbnNpZGVyY29udHJhY3Rzcj4LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIebmV0LXRyYW5zZmVyLXByb2NlZWRzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"snippet": "means, with respect to the Transfer of any Property, the gross sales price for such Property (including any \u2587\u2587\u2587\u2587\u2587\u2587\u2587 money, down payment or similar deposit included in the total sales price paid by the purchaser), less Transfer Expenses.", "title": "Net Transfer Proceeds", "size": 55, "id": "net-transfer-proceeds", "examples": ["In the event of any Transfer of any Property, Borrower shall (or shall cause the Manager or the closing title company or escrow agent, as applicable, to) deposit directly into the Collection Account the <strong>Net Transfer Proceeds</strong> for allocation in accordance with the terms of this Agreement.", "In addition, Borrower shall, and shall cause Manager to, deposit any other Collections (other than (x) Rents, (y) Insurance Proceeds and Condemnation Proceeds, which shall be deposited into the Casualty and Condemnation Subaccount pursuant to the terms hereof and (z) <strong>Net Transfer Proceeds</strong>, which shall be deposited into the Cash Management Account pursuant to the terms hereof) received by or on behalf of Borrower directly into a Rent Deposit Account within three (3) Business Days following receipt thereof.", "In the event of a Change of Ownership, the \u201cNet Proceeds Share\u201d shall be the amount by which the greater of the following exceeds the Administrative Charge paid by Lessee to County in connection with such Change of Ownership: (a) the lesser of (i) the <strong>Net Transfer Proceeds</strong> from such Change of Ownership, or (ii) five percent (5%) of the Gross Transfer Proceeds from such Change of Ownership; or (b) twenty percent (20%) of the <strong>Net Transfer Proceeds</strong> from such Change of Ownership.", "For a Tenant Ownership Change, the Value Appreciation Rent shall be the greater of (a) the lesser of (i) the <strong>Net Transfer Proceeds</strong> or (ii) four percent (4%) of the Gross Transfer Proceeds, or (b) fourteen percent (14%) of <strong>Net Transfer Proceeds</strong>.", "Borrower shall, and shall cause Manager to, deposit any other Collections (other than Rents, <strong>Net Transfer Proceeds</strong> and Cap Receipts) received by or on behalf of Borrower directly into the Cash Management Account within three (3) Business Days following receipt thereof; provided, that Insurance Proceeds and Condemnation Proceeds shall be handled in accordance with Sections 5.2, 5.3 and 5.4.", "With respect to any Change of Ownership described in Subsection 4.6.1(b), Subsections 4.8.1 and 4.8.2 shall apply (as applicable), except that any rents or other amounts received by Lessee from the Major Sublessee a percentage of which is passed through to County under any provision of this Lease (other than payment of Net Proceeds Share) shall be disregarded in the computation of <strong>Net Transfer Proceeds</strong>.", "With respect to any Change of Ownership not described in subsections 4.8.1 through 4.8.3 (i.e., a transfer of an interest in an entity holding a direct or indirect ownership interest in this Agreement or in a Major Sublease), subsections 4.8.1 and 4.8.2 shall apply to such Change of Ownership, except that in lieu of deducting Improvement Costs in determining <strong>Net Transfer Proceeds</strong>, the cost to the transferor of the interest being transferred shall be deducted.", "Notwithstanding the foregoing, in the case of a Change of Ownership described in Subsection 4.6.1(b), the Net Proceeds Share shall be payable to County as and when the <strong>Net Transfer Proceeds</strong> are received, with the Net Proceeds Share being equitably apportioned to the payments derived by \u2587\u2587\u2587\u2587\u2587\u2587 from said Change of Ownership (other than any payments passed through to County under this Lease).", "In the event of any Transfer of any Property, Borrower shall deposit directly (or shall cause to be deposited directly, whether by the closing title company or escrow agent or otherwise) into the Cash Management Account the <strong>Net Transfer Proceeds</strong> for allocation in accordance with the terms of this Agreement.", "Tenant shall accompany the statement of <strong>Net Transfer Proceeds</strong> with the amount of any underpayments."], "related": [["sale-proceeds", "Sale Proceeds", "Sale Proceeds"], ["available-proceeds", "Available Proceeds", "Available Proceeds"], ["gross-proceeds", "Gross Proceeds", "Gross Proceeds"], ["net-loss-proceeds", "Net Loss Proceeds", "Net Loss Proceeds"], ["qualified-proceeds", "Qualified Proceeds", "Qualified Proceeds"]], "related_snippets": [], "updated": "2025-07-07T00:16:48+00:00"}, "json": true, "cursor": ""}}