Proceeds of Salehas the meaning given to that termin Clause12.28; Sample 1 Proceeds of Salemeans theconsideration payable(including,without limitation, any deferred and/orcontingent considerationand anyother considerationwhich, having regard to thesubstance ofthe transactionas a whole, can be reasonably...
Net Proceeds Amountmeans, with respect to any Transfer of any property by any Person, an amount equal to the difference of Net Proceeds Offerhas the meaning set forth in Section 4.16. Net Disposition Proceedsmeans, with respect to any sale, transfer or other disposition of any assets of the...
The meaning of BAKE SALE is a fund-raising event at which usually homemade foods (such as cakes and cookies) are sold. How to use bake sale in a sentence.
All of the proceeds of a short sale go to the lender. The lender then has two options—to forgive the remaining balance or to pursue adeficiency judgmentthat requires the former homeowner to pay the lender all or part of the difference. In some states, this difference in price must be fo...
A sheriff’s sale auctions off defaulted or repossessed properties at the end of the foreclosure process. At the auction, members of the public may bid on the seized property, often sold in as-is condition. Sale proceeds pay back the mortgage lenders, banks, tax collectors, and other claiman...
5. Common phrases include "for sale" meaning available to be purchased, "on sale" indicating items are being offered at a special price, often temporarily.6. A "charity sale" is a type of sale where the proceeds are donated to a charitable cause.7. "Yard sale" is an ...
ahomeowners get the remaining crumbs, which can actually be quite a chunk of[translate] athe first mortgage or as much of the first mortgage as possible. This is also 正在翻译,请等待...[translate] aof precedence.[translate] aproceeds from the sale go toward paying it off. Any second (or...
but the law has to interpretWarranty.them. The term warranty has a peculiar and technical meaning in the law of sale. It denotes a stipulation which the law regards as collateral to the main purpose of the contract. A breach, therefore, does not entitle the buyer to reject the goods, but...
Read:Bamburi hit with Sh1.2bn Uganda, Kenya tax claims Bamburi has signalled to shareholders that it expects to pay a special dividend from the proceeds of the sale, meaning that any extra consideration under the special terms could directly boost the return to its shareholders...
The amount by which the proceeds from the sale of equipment (that had been used in the business) exceeded itscarrying amountat the time it is sold. Related Q&A What is the difference between gains and proceeds in terms of long-term assets?