Common use of Investment Proceeds Clause in Contracts

Investment Proceeds. “Investment Proceeds” shall mean all cash or cash equivalents received by the Principal Stockholders in respect of the Investment, net of any unreimbursed fees and expenses paid or payable to any Principal Stockholder or third party, including the aggregate value of any cash received in connection with the disposition of any property previously exchanged for or in consideration of any portion of the Investment. In connection with a Liquidity Event, the Fair Market Value of any equity securities of the Company and any property previously received in consideration for the Investment, in each case, held by the Principal Stockholders at the time of the Liquidity Event that are not disposed of in the Liquidity Event shall be treated as Investment Proceeds.

Appears in 5 contracts

Samples: Indemnification Agreement (NBTY Florida, Inc.), Indemnification Agreement (NBTY Florida, Inc.), Equity Incentive Plan Of (Solgar)

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