Proceeds

Proceeds. The aggregate amount of cash received (excluding any expense reimbursement, management, transaction or similar fees) by the Principal Stockholders; provided, that if the Principal Stockholders receive any extraordinary dividend(s) from the Company prior to a Change in Control, the fair market value of such extraordinary dividend(s) received by the Principal Stockholder(s) (determined as of the date such dividend(s) are distributed) shall be deemed "consideration received" for the purpose of... calculating the Proceeds. View More

Proceeds. Any consideration received from the sale, exchange, license, lease or other disposition or transfer of any right, interest, asset or properly which constitutes all or any part of the Patent Collateral, any value received as a consequence of the ownership, possession, use or practice of any Patent Collateral, and any payment received from any insurer or other person or entity as a result of the destruction or the loss, theft or other involuntary conversion of whatever nature of any right,... interest, asset or property which constitutes all or any part of the Patent Collateral. View More

Proceeds. The meaning given to such term in the UCC