Asset Sale Amount

Asset Sale Amount. (i) if such sale occurs on or before June 30, 2012: (A) 15.0% of the gross proceeds of any such asset sale up to $25 million, (B) 7.50% of the gross proceeds of any such asset sale from $25 million up to $50 million, and (C) 3.5% of the gross proceeds of any such asset sale in excess of $50 million; (ii) if such sale occurs after June 30, 2012 but on or before June 30, 2013: (A) 12.0% of the gross proceeds of any such asset sale up to $25 million, (B) 6.0% of the gross proceeds of any such... asset sale from $25 million up to $50 million, and (C) 2.5% of the gross proceeds of any such asset sale in excess of $50 million; (iii) if such sale occurs after June 30, 2013 but on or before June 30, 2014: (A) 8.5% of the gross proceeds of any such asset sale up to $25 million, (B) 4.5% of the gross proceeds of any such asset sale from $25 million up to $50 million, and (C) 2.0% of the gross proceeds of any such asset sale in excess of $50 million; (iv) if such sale occurs after June 30, 2014 but on or before June 30, 2015: (A) 6.0% of the gross proceeds of any such asset sale up to $25 million, (B) 3.0% of the gross proceeds of any such asset sale from $25 million up to $50 million, and (C) 1.75% of the gross proceeds of any such asset sale in excess of $50 million; and (v) if such sale occurs after June 30, 2015: (A) 4.0% of the gross proceeds of any such asset sale up to $25 million, (B) 2.0% of the gross proceeds of any such asset sale from $25 million up to $50 million, and (C) 1.25% of the gross proceeds of any such asset sale in excess of $50 million View More