Treatment of Proceeds. If the proceeds actually received by the General Partner in connection with an issuance of Securities by the General Partner are less than the gross proceeds of such offering, grant, award or issuance as a result of any underwriter’s discounts, commissions or other fees or expenses paid or incurred in connection with such offering, grant, award or issuance, then the General Partner shall be deemed to have made a Capital Contribution to the Partnership in the amount of the gross proceeds of such offering, grant, award or issuance and the Partnership shall be deemed simultaneously to have paid pursuant to Section 7.3(c) for the amount of such expenses.
Treatment of Proceeds. Except as set forth in Sections 2.9 and 4.4 hereof, all dividends, interest, distributions and all other interest or other earnings (which for the avoidance of doubt shall include any interest earned on the funds in the deposit account and any earnings on any Permitted Investments) of the Indemnification Collateral shall be released from the security interest created pursuant to this Agreement and Securities Intermediary shall promptly upon receipt thereof (i) credit to the Collateral Agent for distribution to the Pledgor as provided in the Pledge Agreement all such proceeds relating to the Pledge Collateral and (ii) deliver to Pledgor all such proceeds not relating to the Pledge Collateral.
Treatment of Proceeds. Except as set forth in Sections 2.9 and 4.4 hereof, all dividends, interest, distributions, amounts received in respect of redemption and all other proceeds of the Indemnification Collateral shall be released from the security interest created pursuant to this Agreement and Securities Intermediary shall promptly upon receipt thereof (i) credit to the Collateral Agent for distribution to the Pledgor as provided in the Pledge Agreement all such proceeds relating to the Pledge Collateral and (ii) deliver to Pledgor all such proceeds not relating to the Pledge Collateral.
Treatment of Proceeds. Equity Contributions made pursuant to Section 2.01(a) shall be deposited or transferred by the Sponsor as follows:
Treatment of Proceeds. (a) All insurance proceeds payable with respect to a property loss on account of the Improvements or any casualty (excluding insurance proceeds from “contents” insurance policies carried by Tenant for personal property separate and apart from the policies required under this Lease and excluding all proceeds of subtenants’ polices), together with all interest earned thereon, if any, (i) if less than or equal to the Insurance Proceeds Threshold Amount, shall be paid to Tenant as a trust fund, to be deposited in a non-segregated bank account maintained by Xxxxxx and used, disbursed and paid solely for the cost of the Restoration in accordance with Article 11, and (ii) if in excess of the Insurance Proceeds Threshold Amount, shall be paid to Depositary to be held for the purpose of paying for the cost of the Restoration, and such proceeds shall be used, disbursed and paid solely for the cost of such Restoration in accordance with Article 11, and any such funds remaining after the completion of a Casualty Restoration in accordance with the terms of this Lease shall be distributed as provided in Section 11.03. Depositary shall disburse any casualty insurance proceeds so received in accordance with the provisions of this Lease. Depositary shall have no liability with regard to any proceeds received by it and retained in good faith and in accordance with the provisions of this Lease. If Xxxxxx believes that Depositary has not disbursed the insurance proceeds in accordance with this Lease, Xxxxxx’s sole remedy shall be to bring an action to have the proceeds disbursed in accordance with this Lease. Except as otherwise set forth in Article 11 and for losses payable as a result of Business Interruption, all proceeds of insurance payable with respect to Trade Fixtures or the Vessels shall be payable to Tenant solely for use in the restoration of same at the Premises. Proceeds payable with respect to Tenant in connection with Business Interruption shall be paid to Tenant for use in its discretion, subject to Section 8.01(i).
Treatment of Proceeds. (1) The Sec- retary of a military department shall deposit all
Treatment of Proceeds. Any recovery or damages for past infringement derived therefrom or any amounts paid as a result of a settlement agreement (the “Gross Proceeds”) shall be applied first in satisfaction of any unreimbursed expenses and reasonable legal fees of the parties,. [***].
Treatment of Proceeds. The Company intends to account for the gross proceeds raised from the transactions which is a subject of this Agreement as equity in its financial statements filed with the Commission so long as such treatment complies with with GAAP.
Treatment of Proceeds. (i) (i) Not later than two (2) Business Days prior to each Equity Contribution Date, the Equity Investor shall notify the Collateral Agent whether it intends to fund all or any portion of its applicable Funding Contribution (such notice, a “Funding Notice”). If the Equity Investor elects to fund all or any portion of its Funding Contribution, it shall deposit such Funding Contribution in Dollars and immediately available funds directly into the relevant Project Account as set forth below in clause (ii) for application in accordance with such clause. If the Equity Investor funds a portion (but not all) of any Funding Contribution in Dollars, the Equity Investor shall notify the Collateral Agent which Equity Letters of Credit should be drawn to fund the balance of such Funding Contribution. If the Equity Investor does not pay any of its Funding Contribution in accordance with this Section 2.1(b)(i), the Collateral Agent shall draw upon the Equity Letters of Credit specified by the Equity Investor (provided, however, that if the Equity Investor has failed to notify the Collateral Agent as to which Equity Letters of Credit should be drawn on or prior to the applicable Equity Contribution Date, the Collateral Agent shall draw upon all Equity Letters of Credit on a Pro Rata Basis) in the amount of such Funding Contribution, and, on the applicable Equity Contribution Date, the Collateral Agent shall deposit the proceeds of such draw (or draws) into the relevant Project Account as set forth below in clause (ii) for application in accordance with such clause.
Treatment of Proceeds. (i) If for any reason (including due to any applicable legal requirement), any Equity Contribution cannot be transferred to the Construction Equity Account, the Sponsor shall cause such amount to be transferred to the Collateral Agent for application in accordance with the Loan Documents.
