Proceeds Application definition

Proceeds Application has the meaning specified in Section 2.09(b).
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Proceeds Application see Section 6.3.2.
Sample 1

Examples of Proceeds Application in a sentence

  • Net Proceeds Net Proceeds Application of Proceeds of $1,850,000 of $2,775,000 ----------------------------- ----------------- ----------------- MedCare Program Expansion $l,250,000 $1,250,000 Public (Financial) Relations $250,000 $250,000 Working Capital $350,000 $1,275,000 EXHIBIT K MEDCARE TECHNOLOGIES, INC.

  • Attention: General Counsel 000 Xxxxxx Xxxx Xxx Xxxx, XX 00000 Ladies and Gentlemen: Reference is made to (i) the Guarantee, Pledge and Proceeds Application Agreement (as amended, the “GPPA”) dated as of January 14, 2011 among American International Group, Inc.

  • Such repayments will be applied in the same manner as set forth in Section 2.20(b) hereof, subject to the Agreement Among Lenders, in the Order of Aircraft Proceeds Application.

  • Each Proceeds Application under Section 6.3.2 shall be applied to prepay the Term Loans ratably on a pro rata basis until the Term Loans have been paid in full.

  • The Company may satisfy the foregoing obligation with respect to any Net Available Cash from an Asset Disposition by making an Asset Disposition Offer prior to the expiration of the Proceeds Application Period (the “Advance Offer”) with respect to all or a part of the Net Available Cash (the “Advance Portion”) in advance of being required to do so by this Certificate of Designation.

  • Subject to the satisfaction of Section 5 below, upon the occurrence of the Initial Equity Proceeds Application Date (as defined in the Loan Agreement after giving effect to this Agreement), as determined by Agent in its sole discretion, Agent and Lenders hereby waive the Existing Defaults.

  • The Initial Equity Proceeds Application Date shall have occurred by no later than March 25, 2010.

  • Use of Proceeds; Application of Post Financing Order Insurance Proceeds and Grants60G.

  • Pursuant to Clause 46.2 (All Lender matters) of the Facilities Agreement, the Company hereby requests the consent of all Lenders that, notwithstanding Clause 8.4 (Application of mandatory prepayments and cancellations) of the Facilities Agreement, all of the proceeds received or receivable by any member of the Group pursuant to the CCC Disposal shall instead be applied in accordance with the CCC Disposal Proceeds Application Priority set forth above (the “Consent Matter”).

  • Name: Title: Authorised Signatory (Alpha Senior) Consent Request – CCC Disposal Proceeds Application Priority Pursuant to Clause 46 (Amendments and Waivers) of the Facilities Agreement, all Lenders have consented to the Consent Matter contemplated by this letter.

Related to Proceeds Application

  • Application Money shall have the meaning ascribed to it in Clause 1.11; “Association” shall mean the body to be created by the Apartment Acquirers;

  • the Application means the application made by the Licensee for the grant of the licence

  • Application an application, in such form as the Issuing Lender may specify from time to time, requesting the Issuing Lender to open a Letter of Credit.

  • L/C Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Mobile Application means a specialized software program downloaded onto a wireless communication device.

  • Application Process means the online application process under which the Applicant applies for Hospitality Packages on the Webshop.

  • 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.

  • Project Application means the federal Section 5311 capital assistance project application submitted by the County to, and as approved by the Commissioner for the Project described in Appendix C of this Agreement, including all project supporting information submitted therewith.

  • Date of application means the ef- fective date of an Application for Com- pensation filed with A.I.D. pursuant to§ 204.21 of this part.

  • 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).

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

  • Net Proceeds Deficiency shall have the meaning set forth in Section 6.4(b)(vi) hereof.

  • Application Package means the forms, schedules, checklists, exhibits, computer disks and instructions thereto obtained from the Agency, which shall be completed and submitted to the Agency in accordance with all regulations in order to apply for the HTC Program.

  • Application Date or "APP" means the date CLEC provides Qwest an application for service containing required information as set forth in this Agreement.

  • Net Disposition Proceeds means, with respect to any sale, transfer or other disposition of any assets of the Borrower, any Parent Guarantor or any of their respective Subsidiaries (other than sales permitted pursuant to clause (a), (b) or (c) of Section 7.2.9), the excess of

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

  • Account Application or “Application” shall mean the application, as may be amended from time to time, by which this Agreement is established between the Depositor (or following the death of the Depositor, the Beneficiary) and the Custodian. The statements contained therein shall be incorporated into this Agreement.