Sale Proceeds

Sale Proceeds. Shall mean (i) any proceeds received or receivable by ------------- Borrower with respect to or in respect of any sale, transfer or other disposition of any Mortgage Loan and (ii) any proceeds received or receivable by Borrower with respect to or in respect of any sale, transfer, disposition, condemnation or casualty event and all other amounts from any disposition, taking, damage or destruction of any Mortgaged Property acquired by Borrower upon foreclosure (or deed in lieu of... foreclosure) of any Mortgage Loan. View More

Sale Proceeds. Shall mean all amounts received by MicroAge as a result of the Purchase Agreement and the Transactions contemplated therein.

Sale Proceeds. For purposes of this Agreement, "Sale Proceeds" shall mean: (I) the total amount of cash and fair market value (on the date of payment) of all property paid or payable (including amounts paid in escrow) in connection with the Sale Transaction (or any related transaction), including amounts paid or payable in respect of convertible securities, preferred equity securities, warrants, stock appreciation rights, options or similar rights, whether or not vested, plus (II) in the event of a sale of... the capital stock of the Company and/or its Affiliates, the principal amount of all indebtedness for borrowed money or other liabilities of the Company and/or its Affiliates outstanding as of the closing date of the Sale Transaction, or, in the case of a sale of assets, all indebtedness for borrowed money or other liabilities assumed by the buyer. Sale Proceeds shall also include the aggregate amount of all dividends or other distributions declared by the Company and/or its Affiliates after the date hereof other than normal quarterly cash dividends, and, in the case of a sale of assets, the net fair market value of any current assets not sold by the Company and/or its Affiliates, less the book value of the current liabilities not assumed by the applicable buyer. For purposes of calculating Sale Proceeds, the value of securities, whether debt or equity, that are freely tradeable in an established public market will be determined on the basis of the average closing price in such market for the 10 trading days prior to the closing of the Sale Transaction (the "Valuation Date"); and the value of securities that have no established public market or other property will be the fair market value of such securities or other property on the Valuation Date. If Sale Proceeds include any restricted stock (i.e. stock in a public company not freely tradeable), the value of the restricted stock shall be calculated by the Board in good faith. View More

Sale Proceeds. The cash proceeds of the 363 Sale; provided, however, that if ABC is the successful bidder for the Assets, it will not have to provide or distribute any Sale Proceeds that it would otherwise receive pursuant to Section 5 hereof (subject to the terms of Sections 7 and 10(c) hereof).

Sale Proceeds. Means the aggregate cash from the Post-Closing Sales actually received by the Main Street Entities and the Prudential Entities (net of any underwriting discounts or commissions or broker or similar fees that are paid out of such cash).

Sale Proceeds. (i) "Sale Proceeds" means the amount of $15,000,000.00.