Noncompetition Proceeds definition
Noncompetition Proceeds means any and all amounts payable to KRUG ▇▇▇suant to the terms of the Noncompetition Agreement during the existence of this Agreement.
Examples of Noncompetition Proceeds in a sentence
All payments from Noncompetition Proceeds in accordance with sub-section (b) of this Section 2.5.1 and Excess Cash Flow in accordance with sub-section (e) of this Section 2.5.1 shall be applied to the net principal balance due under the Term Loans at maturity and shall not, except as provided in clause (ii) after subsection (g) of this Section 2.5.1, postpone the due date of any other payment under the Term Loans.