Proceeds From Sale definition
Examples of Proceeds From Sale in a sentence
Each distribution of Proceeds From Sale or Liquidation shall be made, (A) to the holders of Units, in proportion to the respective Capital Contributions (if any) made by each such holder, until the aggregate amount distributed pursuant to this Section 5.1(a)(iii)(A) is equal to the aggregate amount of Capital Contributions made by such holders, and thereafter (B) to the holders of Units in proportion to the number of Units held by such holder at the time of such distribution.
Each distribution of Distributable Assets (other than in respect of Proceeds From Sale or Liquidation) shall be made to the holders of Class B Units, in proportion to the number of Class B Units held by such holders at the time of such distribution.
Notwithstanding the foregoing, the Final Purchase Price Adjustment shall not reduce the Net Proceeds From Sale below the amount of $5,237,152.
In the event of any violation of the provisions of this Agreement, the Executive acknowledges and agrees that the post-termination restrictions contained herein shall be extended by a period of time equal to the period of such violation, it being the intention of the parties hereto that the running of the applicable post-termination restriction period shall be tolled during any period of such violation.
Application of Proceeds From Sale of Shares of Newmark Common Stock by a Founding/Working Partner or REU Partner 101 SECTION 12.09.
Payment Of Proceeds From Sale Of Payment Ordinary Shares And Associated Cost Ordinary Shares ................................................................