Examples of Excess Net Cash Proceeds in a sentence
Chaohu City is located in central Anhui, between east longitude 117°25'-117°58' and north altitude 31°16'-32°, with a land area of 2,063km2 and a population of 880,000, governing 12 townships and 5 sub-districts.The Lishuiwan low-lying area in Chaonan District (west of the Pingfeng River) has a land area of about 0.2km2, where rainwater cannot be drained smoothly.
The sale of these companies has no impact in the normal operation of OEP’s hydro power business.In the event the sale is closed, the Net Cash Proceeds may be used within 1 year to (i) purchase any Notes or repay other senior indebtedness, (ii) make capital expenditures in a Permitted Business, (iii) reinvest in or purchase Additional Assets, or(iv) with any Excess Net Cash Proceeds after (i), (ii), (iii), make an offer to purchase the Notes, at par.