Aimco Capital Allocation Sample Clauses

Aimco Capital Allocation. Except as otherwise agreed by APFC and Aimco, the minimum aggregate capital allocation of Aimco to Projects receiving Preliminary Approval and/or Final Approval (the “Aimco Capital Allocation”) shall be $40,000,000 or more, as determined in accordance with Sections 2.2 and 2.3 as a function of each Selected Project’s Percentage Interests and Capital Allocation, provided that upon the Commitment Termination Date, the Aimco Capital Allocation shall be fixed at an amount equal to the aggregate Aimco Capital Allocation for all Selected Projects as of that date, subject to modification only as jointly approved by Aimco and APFC or as otherwise set forth in any Venture Agreement. For Selected Projects, the Aimco Capital Allocation shall be funded at such times and in such manner as provided in this Agreement and/or the Venture Agreement for the Venture formed for the purposes of acquiring each such Selected Project, as applicable.