Total Sales Proceeds definition

Total Sales Proceeds means an amount equal to the sum of (i) the aggregate sale proceeds of all Registrable Securities sold by the Stockholder on or prior to the 13 month anniversary of the effective date of the Shelf Registration Statement (such sales proceeds shall not be reduced by any brokers fees and other sale costs incurred by the Stockholder) and (ii) the number of Registrable Securities which have not been sold by the Stockholder on or prior to the 13 month anniversary of the effective date of the Shelf Registration Statement multiplied by the average of the per share closing prices of a share of Common Stock on the NASDAQ Stock Market (NNM), as reported in The Wall Street Journal Midwest edition (or the other principal trading market for the Common Stock if the Common Stock is not then traded on the NASDAQ Stock Market/NNM) during the 20 trading day period ending on and including the 13 month anniversary of the effective date of the Shelf Registration Statement (or if such day is not a trading day, the trading day first preceding such day); provided that if Total Sales Proceeds as calculated without giving effect to this clause exceeds $19 million, then Total Sales Proceeds shall equal (x) Total Sales Proceeds as calculated without giving effect to this clause (the
Total Sales Proceeds means the gross syndication proceeds received by the Company less (i) any amount funded by the Company, if any; and (ii) any out of pocket costs, fees and expenses directly related to the syndication including, but not limited to, sales or use taxes, legal fees, commissions; and (iii) the Company's transferred costs of funds to carry or hedge such financing prior to syndication. In the event the Company, in accordance with Section 6 hereof, elects not to provide permanent funding for any proposed equipment leases or financings submitted to the Company pursuant to Section 2 hereof and thereafter syndicates the transaction, the Company shall pay to Pomeroy fifty percent (50%) xx the Total Sales Proceeds.

Examples of Total Sales Proceeds in a sentence

  • FINANCIAL REVIEW Total Sales Proceeds and RevenueFor the year ended 31 December 2013, total sales proceeds of the Group increased to RMB11,374.4 million, representing an increase of 2.8% as compared to the same period in 2012.

  • FINANCIAL REVIEW Total Sales Proceeds and RevenueFor the six months ended 30 June 2017, total sales proceeds of the Group were RMB7,447.0 million, representing an increase of 29.8% compared to the same period of 2016.

  • If the Claimant’s Total Purchase Amount minus the sum of the Total Sales Proceeds and the Holding Value is a positive number, that number will be the Claimant’s market loss on such securities; if the number is a negative number or zero, that number will be the Claimant’s market gain on such securities.

  • For the Master Management Agreement, the management fee charged by our Group will be the sum of (i) 1.8% of the Total Sales Proceeds of each Excluded Store and (ii) 10% of the profit before tax of each Excluded Store, and the Total Sales Proceeds of the Excluded Stores will only represent an insignificant portion of the Total Sales Proceeds of our Group.

  • Six months ended 30 June 20172016 RMB’000RMB’000Total sales proceeds from concessionaire sales6,541,9395,120,667Direct Sales905,088614,910 Total Sales Proceeds 7,447,027 5,735,577 Among the total sales proceeds of the Group in the first half of 2017, total sales proceeds derived from concessionaire sales accounted for 87.8% and those derived from direct sales accounted for 12.2%.

  • Address or Unit Number(s) Unit Type (#BR / #Bath) Square Footage* # of Units Per Unit Sales Price Total Sales Proceeds actual sales price structure detailed above.

  • FINANCIAL REVIEW Total Sales Proceeds and RevenueFor the year ended 31 December 2014, total sales proceeds of the Group was RMB10,764.1 million, representing a decrease of 5.4% as compared to the same period in 2013.

  • Total Sales Proceeds plus rental income included that of the Maoye Chongqing Jiefangbei Store amounting to RMB2.6 million for the first six months of 2007 before it was transferred to the Controlling Shareholder Group.

  • The management fee for each Excluded Store is equal to the sum of (i) 1.8% of the Total Sales Proceeds of such Excluded Store and (ii) 10% of the profit before tax of such Excluded Store.

  • A Trading Loss exists if the Total Purchase Amount exceeds the Total Sales Proceeds.

Related to Total Sales Proceeds

  • Net Sales Proceeds means, in the case of a transaction described in clause (i)(A) of the definition of Sale, the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including all real estate commissions, closing costs and legal fees and expenses. In the case of a transaction described in clause (i)(B) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including any legal fees and expenses and other selling expenses incurred in connection with such transaction. In the case of a transaction described in clause (i)(C) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction actually distributed to the Company or the Operating Partnership from the Joint Venture less the amount of any selling expenses, including legal fees and expenses incurred by or on behalf of the Company (other than those paid by the Joint Venture). In the case of a transaction or series of transactions described in clause (i)(D) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction (including the aggregate of all payments under a Mortgage on or in satisfaction thereof other than regularly scheduled interest payments) less the amount of selling expenses incurred by or on behalf of the Company, including all commissions, closing costs and legal fees and expenses. In the case of a transaction described in clause (i)(E) of the definition of Sale, Net Sales Proceeds means the proceeds of any such transaction less the amount of selling expenses incurred by or on behalf of the Company, including any legal fees and expenses and other selling expenses incurred in connection with such transaction. In the case of a transaction described in clause (ii) of the definition of Sale, Net Sales Proceeds means the proceeds of such transaction or series of transactions less all amounts generated thereby which are reinvested in one (1) or more Assets within one hundred eighty (180) days thereafter and less the amount of any real estate commissions, closing costs, and legal fees and expenses and other selling expenses incurred by or allocated to the Company or the Operating Partnership in connection with such transaction or series of transactions. Net Sales Proceeds shall also include Refinancing Proceeds and any other amounts that the Company determines, in its discretion, to be economically equivalent to proceeds of a Sale. Net Sales Proceeds shall not include any reserves established by the Company, which shall be determined by the Board in its sole discretion.

  • Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;

  • Sales Proceeds means, with respect to any Transaction Vehicle, an amount equal to the aggregate amount of proceeds received by the Servicer from the purchaser in connection with the sale or other disposition of such Transaction Vehicle, net of any and all out-of-pocket costs and expenses incurred by the Servicer in connection with such sale or other disposition, including without limitation, all repossession, auction, painting, repair and any and all other similar liquidation and refurbishment costs and expenses.

  • Gross Proceeds means the aggregate purchase price of all Shares sold for the account of the Company through an Offering, without deduction for Organization and Offering Expenses.

  • Net Sale Proceeds means for any sale or other disposition of assets, the gross cash proceeds (including any cash received by way of deferred payment pursuant to a promissory note, receivable or otherwise, but only as and when received) received from such sale or other disposition of assets, net of (i) reasonable transaction costs (including, without limitation, any underwriting, brokerage or other customary selling commissions, reasonable legal, advisory and other fees and expenses (including title and recording expenses), associated therewith and sales, VAT and transfer taxes arising therefrom), (ii) payments of unassumed liabilities relating to the assets sold or otherwise disposed of at the time of, or within 30 days after, the date of such sale or other disposition, (iii) the amount of such gross cash proceeds required to be used to permanently repay any Indebtedness (other than Indebtedness of the Lenders pursuant to this Agreement) which is secured by the respective assets which were sold or otherwise disposed of, (iv) the estimated net marginal increase in income taxes which will be payable by the Borrower consolidated group or any Subsidiary of the Borrower with respect to the Fiscal Year in which the sale or other disposition occurs as a result of such sale or other disposition; and (v) in the event of any such sale or disposition of assets owned by a Non-Wholly Owned Subsidiary, the proportionate share thereof attributable to minority interests (based upon such Persons’ relative holdings of Equity Interests in such Subsidiary); provided, however, that such gross proceeds shall not include any portion of such gross cash proceeds which the Borrower determines in good faith should be reserved for post-closing adjustments (to the extent the Borrower delivers to the Lenders a certificate signed by its chief financial officer or treasurer, controller or chief accounting officer as to such determination), it being understood and agreed that on the day that all such post-closing adjustments have been determined (which shall not be later than six months following the date of the respective asset sale), the amount (if any) by which the reserved amount in respect of such sale or disposition exceeds the actual post-closing adjustments payable by the Borrower or any of its Subsidiaries shall constitute Net Sale Proceeds on such date received by the Borrower and/or any of its Subsidiaries from such sale or other disposition.

  • Sale Proceeds means the net proceeds from the sale and/or realisation of the Charged Assets (excluding any Charged Assets which comprise cash) by the Realisation Agent in accordance with the Conditions (after deduction therefrom by the Realisation Agent of its usual fees and any costs and expenses incurred in connection with the sale of such Charged Assets). 7. Additional Provisions:

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of

  • Net Loss Proceeds means, with respect to any Event of Loss, the proceeds in the form of (a) cash or Cash Equivalents and (b) insurance proceeds, condemnation awards or damages awarded by any judgment, in each case received by an Obligor from such Event of Loss net of:

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

  • Net Available Proceeds means, with respect to any Asset Sale, the proceeds thereof in the form of cash or Cash Equivalents, net of

  • Net Revenues means the difference between:

  • Net Asset Sale Proceeds means, with respect to any Asset Sale, Cash payments (including any Cash received by way of deferred payment pursuant to, or by monetization of, a note receivable or otherwise, but only as and when so received) received from such Asset Sale, net of any bona fide direct costs incurred in connection with such Asset Sale, including (i) income taxes reasonably estimated to be actually payable within two years of the date of such Asset Sale as a result of any gain recognized in connection with such Asset Sale and (ii) payment of the outstanding principal amount of, premium or penalty, if any, and interest on any Indebtedness (other than the Loans) that is secured by a Lien on the stock or assets in question and that is required to be repaid under the terms thereof as a result of such Asset Sale.

  • Asset Sale Proceeds means, with respect to any Asset Sale,

  • 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

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Excess Cash Flow Period means each fiscal year of the Borrower, commencing with the fiscal year of the Borrower ending on December 31, 2016.

  • Excess Cash Flow means, for any period, an amount equal to:

  • Net Monthly Excess Cashflow With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount for such Distribution Date and (b) the excess of (x) Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Monthly Interest Distributable Amounts for the Class A Certificates and the Mezzanine Certificates, (B) the Unpaid Interest Shortfall Amounts for the Class A Certificates and (C) the Principal Remittance Amount.

  • Recovery Quarter has the meaning provided in Section 2.1(a)(ii) of this Commercial Shared-Loss Agreement.

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Available Cash Flow means an amount, with respect to each Fiscal Year or portion thereof during the Term, equal to the excess, if any, of the Operating Profit over the Owner’s Priority.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of:

  • Net Cash Proceeds with respect to any issuance or sale of Capital Stock, means the cash proceeds of such issuance or sale net of attorneys' fees, accountants' fees, underwriters' or placement agents' fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Distributable Cash Flow means the cash flow available for distribution to Shareholders as dividends as described under “Dividends”;