Permitted Uses of Proceeds definition

Permitted Uses of Proceeds as defined in subsection 2.3.
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Permitted Uses of Proceeds. (i) payment of the consideration payable in or as a result of the Refinancing, including the repurchase or redemption of any Existing Senior Notes not tendered by any holders of the Existing Senior Notes in the Tender Offer, (ii) payment of the fees and expenses of the Refinancing and the transactions contemplated thereby, (iii) financing Permitted Acquisitions and Permitted Joint Ventures and paying related fees and expenses, and (iv) financing other working capital or general corporate purposes of the Company or any of its Subsidiaries.
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Permitted Uses of Proceeds as defined in subsection 6.2.
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Examples of Permitted Uses of Proceeds in a sentence

  • The Company shall use the proceeds of Revolving Credit Loans solely for (a) Permitted Uses of Proceeds, (b) making payments to the Issuing Lender to reimburse the Issuing Lender for drawings made under the Letters of Credit, and (c) repaying Swing Line Loans and Revolving Credit Loans after the Closing Date.

  • The proceeds of Swing Line Loans may be used solely for the Permitted Uses of Proceeds.

  • Xxxx Xxxxxxx, The Xxxxx Group, LLC n/k/a Xxxxx Consulting Group, LLC, Altong Group, Inc., Xxxxx Bio, LLC, Xxxxxxx Xxxxxxx and The House of Miami, LLC, Civil Action No. 1:16-CV-124, United States District Court for the Middle District of Georgia (Albany Division) SCHEDULE 5.08 Permitted Uses of Proceeds of Term Loans See attached.

  • BILD code of practice for minimising the use of restrictive physical interventions: planning, developing and delivering training.London: BILD, 2012.

  • The Company shall use the proceeds of Revolving Credit Loans solely for (a) Permitted Uses of Proceeds, (b) making payments to the Issuing Lender to reimburse the Issuing Lender for drawings made under the Letters of Credit, and (c) repaying Swing Line Loans and Revolving Credit Loans after the Amendment Effective Date.


More Definitions of Permitted Uses of Proceeds

Permitted Uses of Proceeds to consummate the Refinancing, to finance the working capital needs and general corporate purposes of the Company, including, without limitation, to finance capital expenditures, to finance receivables and inventory and to finance the importing of goods and to fund reimbursement obligations under Letters of Credit and for the purposes described in subsection 2.3.
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Permitted Uses of Proceeds. (i) repayment of amounts borrowed under the Original Credit Agreement, (ii) payment of the fees and expenses in connection with this Agreement and the Refinancing, (iii) repayment of any amounts outstanding under the Existing Senior Notes, (iv) financing Permitted Acquisitions and Permitted Joint Ventures and paying related fees and expenses, and (v) financing other working capital or general corporate purposes of the Company or any of its Subsidiaries.
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Related to Permitted Uses of Proceeds

  • Use of Proceeds Charges" "Conflicts of Interest" "Redemptions; Net Asset Value" "The Trust and the Trustee" "Federal Income Tax Aspects" In connection with making the representations and warranties set forth in this paragraph, the Additional Selling Agent shall not rely on inquiries made by or on behalf of any other parties. The Additional Selling Agents shall inform all prospective purchasers of Units of all pertinent facts relating to the liquidity and marketability of the Units as set forth in the Prospectus. The Additional Selling Agent shall offer and sell Units in compliance with the requirements set forth in the Registration Statement (particularly the "Subscription Requirements" attached as Exhibit B thereto), this Agreement and the Blue Sky Survey delivered to the Lead Selling Agent by the Managing Owner's counsel, a copy of which has been provided to each Additional Selling Agent. An Additional Selling Agent shall represent and warrant that it shall comply fully at all times with all applicable federal and state securities and commodities laws (including without limitation the 1933 Act, the Securities Exchange Act of 1934, as amended (the "1934 Act"), the Commodity Exchange Act, as amended (the "CEA"), and the securities and Blue Sky laws of the jurisdictions in which the Additional Selling Agent solicits subscriptions, all applicable rules and regulations under such laws, and all applicable requirements, rules, policy statements and interpretations of the NASD, and the securities and commodities exchanges and other governmental and self-regulatory authorities and organizations having jurisdiction over it or the offering of Units). The Additional Selling Agent shall under no circumstances engage in any activities hereunder in any jurisdiction (i) in which the Managing Owner has not informed the Additional Selling Agent that counsel's advice has been received that the Units are qualified for sale or are exempt under the applicable securities or Blue Sky laws thereof or (ii) in which the Additional Selling Agent may not lawfully engage. Each Additional Selling Agent shall further agree to comply with the requirement under applicable federal and state securities laws to deliver to each offeree a Prospectus and any amendments or supplements thereto (including summary financial information, if available, after the Trust has commenced operations). Neither the Additional Selling Agent nor any of its employees, agents or representatives will use or distribute any marketing material or information other than that prepared by the Trust and the Managing Owner.

  • Permitted Uses means a use, listed in a permitted use table, that shall be approved with or without conditions provided the requirements and regulations of Zoning By-law No. 4404, as amended, are satisfied;

  • Casualty Proceeds means, with respect to any Casualty Event, the amount of any insurance proceeds or condemnation awards received by the Borrower, any Parent Guarantor or any of their respective Subsidiaries in connection therewith, but excluding any proceeds or awards required to be paid to a creditor (other than the Lenders) which holds a first-priority Lien permitted by Section 7.2.3 on the property which is the subject of such Casualty Event.

  • Permitted Use , in relation to a property, means the limited purposes for which the property may be used in terms of –

  • REO Disposition Proceeds All amounts received with respect to an REO Disposition pursuant to Section 4.16.

  • Collateral Proceeds means the Liquidation Proceeds of the Relevant Collateral or any Undeliverable Assets forming part of the Relevant Collateral (as the case may be) denominated in the Settlement Currency.

  • Permitted Existing Investments means the Investments of the Borrower and its Subsidiaries identified as such on Schedule 1.1.2 to this Agreement.

  • Unsuitable for Its Permitted Use means a state or condition of the Hotel such that (a) following any damage or destruction involving the Hotel, the Hotel cannot be operated in the reasonable judgment of Tenant on a commercially practicable basis for its Permitted Use and it cannot reasonably be expected to be restored to substantially the same condition as existed immediately before such damage or destruction, and as otherwise required by Section 10.2.4, within nine (9) months following such damage or destruction or such shorter period of time as to which business interruption insurance is available to cover Rent and other costs related to the Leased Property following such damage or destruction, or (b) as the result of a partial taking by Condemnation, the Hotel cannot be operated, in the reasonable judgment of Tenant on a commercially and economically practicable basis for its Permitted Use in light of then existing circumstances.

  • Loan Proceeds means all amounts advanced as part of the Loan, whether advanced directly to Borrower or otherwise.

  • Loss Proceeds means, collectively, all Insurance Proceeds and all Condemnation Proceeds.

  • Permitted Users has the meaning given in Section 14.02;

  • REO Revenues All income, rents, profits and proceeds derived from the ownership, operation or leasing of any REO Property.

  • Permitted User means a person other than an employee of the Company who is authorized by the Company pursuant to and in accordance with Section 2.1(a)(ii) and all applicable Documentation to access and use one or more specific Component Systems.

  • Disposition Proceeds means, with respect to each Group I/II Non-Program Vehicle, the net proceeds from the sale or disposition of such Group I/II Eligible Vehicle to any Person (other than any portion of such proceeds payable by the Group I/II Lessee thereof pursuant to any Group I/II Lease).

  • Mineral proceeds means amounts payable for the extraction, production, or sale of minerals, or upon the abandonment of those payments, all payments that become payable thereafter. “Mineral proceeds” includes amounts payable as follows:

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • Net Financing Proceeds means the cash proceeds received by the Partnership in connection with any borrowing by or on behalf of the Partnership (whether or not secured), or distributed to the Partnership in respect of any such borrowing by any Subsidiary Entity, after deduction of all costs and expenses incurred by the Partnership in connection with such borrowing, and after deduction of that portion of such proceeds used to repay any other indebtedness of the Partnership, or any interest or premium thereon.

  • Capital Proceeds means the gross receipts received by the Company from a Capital Transaction.

  • Proceeds all “proceeds” as such term is defined in Section 9-102(a)(64) of the New York UCC and, in any event, shall include, without limitation, all dividends or other income from the Investment Property, collections thereon or distributions or payments with respect thereto.

  • Financing Proceeds means the net proceeds from any loan secured by all or any portion of the Partnership's real property (including any refinancing) that remain after the repayment of any indebtedness of the Partnership secured by all or a portion of such real property with such proceeds and all costs related to such loan.

  • Condemnation Proceeds All awards or settlements in respect of a Mortgaged Property, whether permanent or temporary, partial or entire, by exercise of the power of eminent domain or condemnation, to the extent not required to be released to a Mortgagor in accordance with the terms of the related Mortgage Loan Documents.

  • Refinancing Proceeds means the proceeds of the refinancing of any indebtedness of the Company, less the amount of expenses incurred by or on behalf of the Company in connection with such refinancing.

  • Permitted Asset Dispositions means the following Asset Dispositions, provided, however, that at the time of such Asset Disposition, no Default or Event of Default exists or would result from such Asset Disposition:

  • Excluded Proceeds means, with respect to any Asset Sale or Casualty Event, the sum of, (1) any Net Proceeds therefrom that constitute Declined Proceeds and (2) any Net Proceeds therefrom that otherwise are waived by the Required Facility Lenders from the requirement to be applied to prepay the applicable Term Loans pursuant to Section 2.05(2)(b).

  • Permitted Asset Sale means any Asset Sale that is permitted under Section 6.8.

  • Specially constructed vehicle means any vehicle that was not originally constructed under a