Net Real Estate Proceeds Payout

Example Definitions of "Net Real Estate Proceeds Payout"
Net Real Estate Proceeds Payout. Shall mean, as of any particular date, the aggregate amount of Net Real Estate Proceeds actually included (after reduction for any balances in the Real Estate Reserve Account), on or prior to such date, in a calculation of the Real Estate Earnout Payments payable pursuant to this Agreement.
Found in SEABOARD CORP contract
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