proceed against (someone or something)

(redirected from proceeds against)

proceed against (someone or something)

1. Of a soldier or group of soldiers, to advance against an enemy unit in combat. We proceeded against the enemy encampment as planned, striking at exactly 2 AM. Our squad was ordered to proceed against the soldiers protecting the border.
2. To move forward with legal action against someone or something. The human rights group confirmed that its lawsuit is proceeding against the government after a judge threw out a motion for dismissal. She indicated that she wished to proceed against the neighbor who was responsible for the damage to her property.
See also: proceed

proceed against someone or something

 
1. to begin to move against someone or something. The entire platoon proceeded against the single enemy soldier who refused to surrender. The army proceeded against the fortress as planned.
2. to start legal action against someone or something. The district attorney will proceed against the suspect next week. The state prosecutor will proceed against the company as soon as one of the witnesses is located.
See also: proceed
References in periodicals archive ?
According to Turtle Beach, it will use all net proceeds from the offering and the private placement for working capital and general corporate purposes, including applying such proceeds against the outstanding principal balance of its working capital line of credit with Bank of America (the line of credit) as required by the terms of the amendments to the company's credit documents entered into on 1 February 2016 which, among other things, provide that on or prior to 5 February 2016, Turtle Beach receive net proceeds of not less than USD6.0m of additional capital and apply such proceeds against the line of credit.
As a practical matter, even if the lender retains the collateral, the obvious next step is to sell the collateral so that the lender can apply the proceeds against the sums owed under the loan agreement.
According to the company, it will use all net proceeds from the offering and concurrent private placement for working capital and general corporate purposes, including applying such proceeds against the outstanding principal balance of its working capital line of credit with Bank of America (the line of credit) as required by the terms of the amendments to the company's credit documents entered into on 1 February 2016 which, among other things, provide that, on or prior to 5 February 2016, Turtle Beach receive net proceeds of not less than USD6.0m of additional capital and apply such proceeds against the line of credit.
Firstly, if the broker rather than the leasing agent proceeds against the owner, the agent will not be required to incur legal fees.
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