Partners Capital. A Partner’s capital at any time is the amount that is equal to the total of all capital contributions credited to such Partner plus such Partner’s share of the annual profits of the Partnership less all drawings and withdrawals of capital made by such Partner less such Partner’s share of any annual losses of the Partnership.
Partners Capital. Section 3.1 General Partner; Assignor Limited Partner; Subordinated Limited Partner The name, address and Capital Contribution of the General Partner, the Assignor Limited Partner and the Subordinated Limited Partner are set forth on the Schedule. Upon the dissolution and termination of the Partnership (i) the General Partner, on or before the later of the last day of the fiscal year in which the dissolution of the Partnership occurs or ninety (90) days after the date of dissolution of the Partnership, shall make a Capital Contribution to the Partnership in an amount equal to the lesser of (A) the deficit balance, if any, in its Capital Account or (B) the excess of 2.02% of the Capital Contributions of the Investors and Limited Partners (excluding capital contributions of the Assignor Limited Partner on behalf of Investors) over the Capital Contributions previously contributed by the General Partner, and (ii) the Subordinated Limited Partner, on or before the later of the last day of the fiscal year in which the dissolution of the Partnership occurs or ninety (90) days after the date of dissolution of the Partnership, shall make a Capital Contribution to the Partnership in an amount equal to the lesser of (x) the deficit balance in its Capital Account or (y) the amount which it agrees to contribute to the capital of the Partnership pursuant to an amendment hereto.
Partners Capital. The Company will not permit, at any time, Adjusted Partners' Capital to be less than $40,000,000.
Partners Capital. Lessee shall at all times maintain partners' capital of at least $10,000,000.00 as determined in accordance with GAAP.
Partners Capital. 3.1 PARTNERS' CAPITAL. SEP has contributed to the capital of the Partnership the sum of $100,000. Subject to the provisions of Section 3.3, SEP shall hereafter from time to time at the request of the Managing Partner contribute additional sums to the capital of the Partnership as necessary to carry on the Partnership's business; PROVIDED, HOWEVER, that the aggregate of all sums contributed and required to be contributed to the capital of the Partnership by SEP pursuant to this Section 3.1 shall not exceed $500,000, irrespective of any amounts that may be distributed to SEP pursuant to this Agreement.
Partners Capital. On December 22, 2014, the Partnership completed an underwritten IPO of 28,750,000 common units representing limited partner interests in the Partnership. Rice Energy retained a 50% equity interest in the Partnership, consisting of 3,623 common units and 28,753,623 subordinated units. Concurrent with the IPO, Rice Energy contributed to the Partnership 100% of Rice Poseidon. A wholly-owned subsidiary of Rice Energy serves as the general partner of the Partnership. The Partnership received cash proceeds, net of issuance costs, of approximately $444.1 million upon the closing of the IPO. Approximately $414.4 million of the proceeds were distributed to Rice Energy, $25.0 million were used by the Partnership to fund 2015 expansion capital expenditures, approximately $2.0 million were used to pay expenses of the IPO and $2.7 million were used by the Partnership to pay origination fees associated with the credit agreement entered into by the Partnership at the closing of the IPO.
Partners Capital. Section 3.1 Schedule A; Capital Contributions. The name, address, Capital Contribution, Initial Percentage Interest, 1995 Percentage Interest, number of non-Bonus Units, Bonus Units, Percentage Interest, and Preferred Equity (if any) of each Partner shall be set forth on Schedule A hereto. In the event of any change with respect to the information stated on Schedule A hereto, the General Partner shall promptly (i) amend Schedule A to reflect such change and (ii) provide a copy of the revised Schedule A to each of the Partners; provided, however, that the failure of the General Partner to amend Schedule A hereto or provide a copy of Schedule A as revised to the Partners shall not prevent the effectiveness of or otherwise affect the underlying adjustments that would be reflected in such amendment to Schedule A.
Partners Capital. Permit Partners’ Capital to be less than $135,000,000 at any time.
Partners Capital. Section 2.1 General Partner ------------ --------------- The General Partner shall contribute to the Partnership as its capital contribution the amount set forth on Schedule I.
Partners Capital. The monies outstanding by way of loan from the ------------------ partnership between the Warrantors (other than Reads Trustees Limited) and Corporate Business Advisers Limited and B.V. known as the COBA Group ("the Partnership") shall be repaid by the Company to the Stockholders' Representative as set out below. Any liabilities of the Warrantors under this Agreement may be set off against that proportion of the monies due from the Company to the Partnership in respect of the interests of the Warrantors therein. The Buyer hereby undertakes to procure that the Company repays to the Partnership on 1st July 1997 the aggregate amount of $615,000 and thirty three per cent (33%) of the balance outstanding and due from the Company to Partnership on Closing, an amount equal to the liability of the Partnership to VAT in respect of the provision of management consultancy services at any time prior to Closing no later than three business days prior to the due date for payment of the same and, in respect of the balance at Closing, as to a further 33% on 1 October 1997 and as to the remaining 34% on or at any time prior to 31 December 1998.
