Minimum Proceeds Amount definition

Minimum Proceeds Amount means $600,000,000.
Minimum Proceeds Amount has the meaning previously identified in writing to the Lead Lenders and the Agentshall mean $600,000,000.
Minimum Proceeds Amount means with respect to any offering of Equity Interests by the Borrower, Net Cash Proceeds greater than $100,000 for each .5% interest in the Borrower on a fully diluted basis (calculated immediately prior to such offering).

Examples of Minimum Proceeds Amount in a sentence

  • Xxxxx, Xx. of a portion of his Equity Interests in the Borrower as described by subpart (b) of this Section 7.17 is for an amount less than the Minimum Proceeds Amount, the Lender shall have a right of first refusal to purchase such Equity Interests.

  • Subject to the Intercreditor Agreement, notwithstanding anything herein to the contrary, the New Money Lenders shall have the right to credit bid for up to $200,000,000 of their New Money Loans in connection with a Specified Sale; provided that, to the extent such New Money Lenders are the winning bidders for any portion of such assets, the amount of any credit bid shall be deemed to be both cash purchase price for determining the Minimum Proceeds Amount and Net Cash Proceeds for Section 2.08(b)(iii).

  • Please do the same for the Outlet Sale Minimum Proceeds Amount, the Outlet Marketing Period, and the Outlet Closing Period.

  • The Company shall make its initial submission to the NASDAQ in respect of the receipt of the NASDAQ Approval not later than 14 calendar days after the date on which the Company has entered into Other Securities Purchase Agreements providing for aggregate gross proceeds to the Company of at least the Minimum Proceeds Amount, or, if later but prior to the Closing, such time as the Common Stock becomes listed on the NASDAQ.

  • The Company shall make its initial submission to the NASDAQ in respect of the receipt of the NASDAQ Approval not later than 14 calendar days after the date on which the Company has entered into Other Securities Purchase Agreements providing for aggregate gross proceeds to the Company of at least the Minimum Proceeds Amount.


More Definitions of Minimum Proceeds Amount

Minimum Proceeds Amount has the meaning previously identified in writing to the Lead Lenders and the Agent.
Minimum Proceeds Amount means an amount sufficient to pay in full (in accordance with the Priorities Payments):
Minimum Proceeds Amount means [ ] provided that to the extent that and for so long as the Discovery Fund has not provided funding in the amount of $5,000,000 to Omeros for the development of the Platform and Products contemplated hereby on or before the date any Additional Interest is due and payable hereunder, the Minimum Proceeds Amount shall be adjusted such that the Minimum Proceeds Amount is multiplied by X, wherein:
Minimum Proceeds Amount means [ ]; provided that to the extent that and for so long as Grantor has not paid the maximum amount of the Grant Award to Grantee on or before the date any Additional Interest is due and payable hereunder, the Minimum Proceeds Amount shall be adjusted such that the Minimum Proceeds Amount is multiplied by X, wherein:
Minimum Proceeds Amount means an amount calculated by the Servicer sufficient to pay in full all the Principal Amount Outstanding on the Class A Notes and all amounts ranking in priority thereto in accordance with the Priority of Payments. 4.4 Redemption Date Upon satisfaction of all of the applicable conditions set out above in Condition 4.3 (Optional Redemption for Taxation Reasons), the Issuer shall notify, or cause to be notified to, the Trustee, the Servicer and the Principal Paying Agent, the Redemption Date, whereupon the Principal Paying Agent shall notify the Noteholders and the Servicer shall arrange for the sale of the Collateral on behalf of the Issuer in accordance with the Servicing Deed. The Issuer shall deposit, or cause to be deposited, the funds required for a redemption of the Notes in accordancewith Condition 4.3 (Optional Redemption for Taxation Reasons) in the Issuer Account, on or before the date two Business Days prior to the Redemption Date. Principal Proceeds and Interest Proceeds received in connection with such redemption shall be payable in accordance withCondition 6 (Priority of Payments). 4.5 Conclusiveness of certificates and legal opinions Any certificate and legal opinion given by or on behalf of the Issuer pursuant to Condition 4.3 (Optional Redemption for Taxation Reasons) may be relied on by the Trustee without further investigation and shall be conclusive and binding on the Noteholders and on the other Secured Creditors.4.6 Notice irrevocable Any such notice as is referred to in Condition 4.3 (Optional Redemption for Taxation Reasons) shall be irrevocable and, upon the expiration of such notice, the Issuer shall be bound to redeem the Notes to which such notice relates at their Principal Amount Outstanding in respect of each Class A Note together with all accrued but unpaid interest thereon and in respect of each Subordinated Note in accordance with the level of Available Funds subject always in each case to the Priority of Payments. Failure to so redeem the applicable Notes following service of the notice referred to in Condition 4.3 (Optional Redemption for Taxation Reasons) or Condition 4.7 (Redemption on exercise of Call Option) shall be treated as an Event of Default. 4.7 Redemption on exercise of Call OptionOn giving not more than 15 nor less than 5 Business Days' notice to the Noteholders in accordance with Condition 18 (Notices), the Rating Agency and the Trustee and provided that:
Minimum Proceeds Amount means, as to any Real Property Collateral, the amount set forth on Exhibit B hereto.
Minimum Proceeds Amount means Four Hundred Thousand Dollars ($400,000).