Proceeds from Operations definition

Proceeds from Operations means, for any applicable period, all cash received by the Partnership from operations other than Extraordinary Transactions less the sum of all Operating Expenses paid or incurred by the Partnership (but exclusive of depreciation and other non-cash expenses and distributions to Partners).
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Examples of Proceeds from Operations in a sentence

  • The foregoing fees and expenses shall be paid as Company expenses and, to the extent not previously paid, shall be paid prior to any distribution of Net Cash Proceeds from Operations or Net Cash Proceeds from Sale or Refinancing to the Members.

  • Net Cash Proceeds from Operations, if any, shall be distributed in accordance with Section 6.1(b) from time to time when available, but no less frequently than quarterly.

  • If Proceeds from Operations are available for distribution, the General Partner shall distribute all available Proceeds from Operations to the Partners in accordance with their respective Percentage Interests on or before the 45th day after the end of such quarter.

  • Within 45 days after the end of each quarter, the General Partner shall determine the amount of Proceeds from Operations, if any, available for distribution to the Partners.

  • Net Cash Proceeds from Operations, if any, shall be distributed to the Members, or otherwise paid, from time to time when available, but no less frequently than quarterly.