Retained Asset Sale Proceeds means that portion of Net Proceeds of a Prepayment Event pursuant to clause (a) of such definition not required to be applied to prepay the Loans pursuant to Section 2.11(c) due to the Disposition/Debt Percentage being less than 100%.
Retained Asset Sale Proceeds shall have the meaning provided in Section 10.4.
Retained Asset Sale Proceeds has the meaning set forth in Section 2.11(c).
Examples of Retained Asset Sale Proceeds in a sentence
The Net Cash Proceeds of an Asset Sale not applied pursuant to this Section 4.16(a)(3) constitute “Retained Asset Sale Proceeds.” The Company may use any Retained Asset Sale Proceeds for any purpose not otherwise prohibited by this Indenture.
In addition to the items mentioned above, the following items have been known to cause conflict between roommate.
More Definitions of Retained Asset Sale Proceeds
Retained Asset Sale Proceeds an amount equal to the aggregate amount of Net Cash Proceeds received from any Asset Sale or any Recovery Event that are not applied to prepay Loans pursuant to Section 2.11(c) on account of clauses (i) or (ii) of the definition of “Asset Sale Percentage” or on account of the de minimis thresholds set forth in Section 2.11(b) and (c).
Retained Asset Sale Proceeds means that portion of the Net Cash Proceeds of an Asset Sale Prepayment Event or Recovery Prepayment Event not required to be offered to prepay Term Loans pursuant to Section 5.2(a)(i) due to the Disposition Percentage being less than 100.0%.
Retained Asset Sale Proceeds means, at any date of determination, an amount determined on a cumulative basis of all Net Proceeds received by the Issuer or any of its Restricted Subsidiaries that, pursuant to application of the Asset Sale Prepayment Percentage, are or were not required to be applied to be applied pursuant to Section 4.10 hereof.
Retained Asset Sale Proceeds means the Net Proceeds in respect of any Asset Sale not required to be applied to make a prepayment or to be reinvested under Section 4.10.
Retained Asset Sale Proceeds means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Subject Proceeds that is not required to be applied as a mandatory prepayment under Section 2.11(b)(ii) per Fiscal Year; provided that such amount shall not be less than zero for any Fiscal Year.
Retained Asset Sale Proceeds an amount equal to the product of (x) the amount of Net Cash Proceeds times (y) 100% minus the applicable Asset Sale Percentage.
Retained Asset Sale Proceeds means, at any date of determination after the Amendment No. 4 Effective Date, an amount determined on a cumulative basis that is equal to the aggregate amount of all Net Cash Proceeds received by the Borrower or any of its Restricted Subsidiaries that, pursuant to application of clause (b) or (c) of the definition of “Required Net Cash Proceeds Percentage”, are or were not required to be applied to prepay Term Loans pursuant to Section 2.10(c).