APFC Capital Allocation Clause Samples

APFC Capital Allocation. Except as otherwise agreed by APFC and Aimco, the maximum aggregate capital allocation of APFC to Projects receiving Preliminary Approval and/or Final Approval under this Agreement or the Venture Agreements (the “APFC Capital Allocation”) shall be an amount not to exceed $360,000,000, provided that upon the Commitment Termination Date, the APFC Capital Allocation shall be fixed at an amount equal to the aggregate APFC Capital Allocation for all Selected Projects as of that date, subject to modification only as jointly approved by Aimco and APFC, or as set forth in Section 2.4(d) or as otherwise set forth in any Venture Agreement. For Selected Projects, the APFC 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.