Proceeds

Proceeds. Means the proceeds that consist of cash and cash equivalents paid to H.I.G.-TNetix, Inc. and/or its affiliates, (i) including without limitation (1) all fees, payments and distributions paid by the Corporation and/or its subsidiaries to H.I.G.-TNetix, Inc. and/or the affiliates of H.I.G.-TNetix, Inc. (other than reimbursements for out of pocket expenses paid by H.I.G.-TNetix, Inc. or its affiliates on behalf of the Corporation) and (2) all amounts realized by H.I.G. TNetix, Inc. and/or its... affiliates, directly or indirectly, with respect to the Investment, will be included (regardless of the nature of the payment (e.g., dividend, fee for services, proceeds from sale of stock, etc. )), but (ii) excluding all amounts used to repay any principal, interest, fees or other out of pocket expenses relating to indebtedness of the Corporation; provided that if, at any time after the Corporation's initial public offering of common stock (the "IPO"), H.I.G.-TNetix, Inc. distributes to its affiliates such common stock in the Corporation then H.I.G.-TNetix, Inc. shall be deemed to have received Proceeds equal to the product of (x) the number of shares of common stock so distributed multiplied by (y) the average closing price per share of the Corporation's publicly-traded common stock over the five (5) consecutive trading days immediately preceding the date of such distribution; provided further, that if, at any time prior to the Corporation's IPO, H.I.G.-TNetix, Inc. distributes to its affiliates capital stock in the Corporation then the Corporation and the Executive shall mutually agree as to any adjustments to this Agreement as shall be necessitated by such distribution. View More

Proceeds. The term "proceeds" includes whatever is receivable or received when Collateral or proceeds are sold, exchanged, collected or otherwise disposed of, whether such disposition is voluntary or involuntary, and includes proceeds of any indemnity or guarantee payable to any Pledgor or the Collateral Agent from time to time with respect to any of the Collateral.

Proceeds. Means any and all cash and non-cash proceeds (including all proceeds as defined in the UCC) and products (including all products as defined in the UCC) and proceeds of proceeds and products of products and all supporting obligations of any of the Collateral, in each case from time to time received or receivable by, or otherwise paid or distributed to, or acquired by, Company (and in whatever form comprised including, without limitation, cash, investment property, general intangibles,... instruments, documents, accounts, deposit accounts and security accounts). View More

Proceeds. Means any and all proceeds from any sale, exchange, destruction, condemnation, foreclosure, liquidation or distribution under any Debtor Relief Law, dissolution or other winding up of Borrower or Borrower's business, or other disposition of any of the Collateral under the Security Instruments, and includes any such payment or distribution of any kind or character, either in cash or other property, payable or deliverable upon or with respect to any of the Collateral in any such event including,... but not limited to, under any Debtor Relief Law; provided, however, that such term will not include sales of any Hydrocarbons produced from or attributable to the Collateral in the ordinary course of the Borrower's business. View More

Proceeds. Shall mean whatever is received when any of the Pledged Stock is sold, exchanged, collected or otherwise disposed of, including cash, payment of money, chattel paper, security agreements and other documents.

Proceeds. Means all consideration (including, without limitation, cash, cash equivalents and publicly-traded securities) received or to be received directly or indirectly by the Company and/or any of its Subsidiaries. Any dispute as to the arithmetic calculation of Proceeds shall be resolved pursuant to Section 19 above, with the term "Proceeds" being substituted for the term "fair market value."

Proceeds. All Proceeds of any and all of the foregoing (other than Excluded Property).

Proceeds. Means and includes anything acquired upon the sale, lease, license, exchange or other disposition of the Property, any rights and claims arising from the Property and any collections and distributions on account of the Property.

Proceeds. Shall mean cash proceeds realized (or deemed to be realized) by the Holder in respect of the sale of Purchased Securities (or realized in respect of the sale of securities acquired in respect of the sale of Purchased Securities); provided, however, that (A) securities received by the Holder that are traded on a national securities exchange or the NASDAQ Stock Market that are received in the sale of Purchased Securities shall (unless earlier sold for cash) be deemed to result in cash proceeds on... the Resale Day in an amount equal to the Current Market Price of such securities on such date, (B) Common Stock retained in a Sale Transaction shall (unless earlier sold for cash) be deemed to result in cash proceeds, on the later of (i) the date of the Sale Transaction and (ii) if securities were received in the Sale Transaction, the Resale Day, in an amount equal to the Current Market Price of such Common Stock on such date, and (C) in the case of a Qualified Public Offering, upon the Resale Day, Parthenon shall be -14- deemed to have realized Proceeds equal to the Current Market Price of all Purchased Securities then held by it. View More

Proceeds. Have the respective meanings ascribed thereto in Article 9 of the UCC.