Examples of Additional Invested Capital in a sentence
The Company has distributed $105,000,000 to Prime or its assignee pursuant to this Agreement and the Company will distribute an amount equal to the UST Required Additional Invested Capital to Prime pursuant to this Agreement without reduction in Prime's Invested Capital.
Except as and in the manner provided with respect to the UST Required Additional Invested Capital, no Member shall have any obligation to restore any deficit in such Member's Capital Account, and such deficit shall not be considered a debt owed to the Company or to any other person.
The Owner’s Priority for each Hotel shall be determined in accordance with the definition thereof based upon the Additional Invested Capital for such Hotel as most recently reported to Manager by the applicable Owner.
Additional Invested Capital means the cumulative total, as of any given date during the Term of this Agreement, of any expenditures made by Lessor to increase the scope and size of the Hotel in the form of banquet space, meeting space and additional rooms for rent; all of which would add revenues.