Adjusted Capital Contribution definition

Adjusted Capital Contribution is defined in Article IV, Section 4.6(a).

Adjusted Capital Contribution means, as of any day, a Member's Capital Contribution adjusted as follows:

Adjusted Capital Contribution of a Member means the excess of (a) that Member’s Capital Contribution to the Company, over (b) the Distributions to the Member under Section 6.10(b) and the Distributions under Section 10.5(a) that shall constitute return of capital Distributions. Distributions to a Member under Section 10.5(a) first shall constitute return of capital Distributions to the extent that these Distributions reduce the Member’s Adjusted Capital Contribution to an amount not less than zero, and thereafter Distributions under Section 10.5(a) shall constitute Distributions of Unpaid Preferred Return to the extent that these Distributions reduce the Member’s Unpaid Preferred Return to an amount not less than zero.

Examples of Adjusted Capital Contribution in a sentence

• The price (the "Price") of the General Partner Interest of the withdrawing General Partner shall be the value (as shown on the books of the Partnership) of his Frozen Appreciation Amount plus the value of such General Partner's Adjusted Capital Contribution, calculated as of the previous Valuation Date if such withdrawal takes place on or prior to the 15th day of a month or calculated as of the next Valuation Date if such withdrawal takes place on or after the 16th day of a month.

• The price of the General Partner Interest of the deceased General Partner shall be the value (as shown on the books of the Partnership) of his Frozen Appreciation Amount plus the value of such General Partner's Adjusted Capital Contribution, calculated as of the previous Valuation Date if such death took place on or prior to the 15th day of a month or calculated as of the next Valuation Date if such death took place on or after the 16th day of a month.

• Upon the majority vote of the Executive Committee, the Executive Committee may override any determination made by the Managing Partner as to (i) the General Partner's Adjusted Capital Contribution (and the related General Partner Percentage) that each General Partner (including the Managing Partner) shall be entitled to maintain, (ii) the admission of a new General Partner and (iii) the dismissal of a General Partner.

• Profit and loss allocations and distributions Income from a Terminating Sale, as defined in the Amended and Restated Certificate and Agreement of Limited Partnership (“the Partnership Agreement”), is allocated first to all partners having negative capital account balances, to the extent of such balances, and then to the limited partners until their capital accounts equal their Adjusted Capital Contribution plus a Cumulative Preference as those terms are defined in the Partnership Agreement.

• Employees who voluntarily request assistance in dealing with a drug or alcohol problem may do so without such request causing termination of employment; information disclosed in the process of seeking assistance will not serve as a basis of any disciplinary action.

More Definitions of Adjusted Capital Contribution

Adjusted Capital Contribution means, at any specified time, the amount of Capital Contribution of each Partner that has been actually paid to the Partnership pursuant to Section 4.1.

Adjusted Capital Contribution means, for each fiscal period, the Limited Partners' Capital Contribution reduced by all distributions of noninvested funds pursuant to Section 3.4.2 hereof and distributions of Sale or Refinancing Proceeds made to the Limited Partners through the end of such period.

Adjusted Capital Contribution means, as of any day, a Member's Initial Capital Contribution, reduced by the amount of cash and Carrying Value of any Company property distributed to such Member pursuant to Section 5.4(a)(i).

Adjusted Capital Contribution means the excess of (i) each Partner's contribution to the capital of the Partnership, over (ii) distributions to the Partner under Section 6.8(b) (valued in accordance with the principles of Section 1.2).

Adjusted Capital Contribution of a Member means the excess of (a) that Member’s Capital Contribution to the Company, over (b) Distributions to that Member under Section 6.8(a).

Adjusted Capital Contribution means the amount of Capital Contributions listed on Exhibit A for each Preferred Unit Holder attributable to such Preferred Unit Holder’s Preferred Units minus (i) the Capital Contributions attributable to such Preferred Unit Holder’s Preferred Units redeemed pursuant to Section 6.17, and (ii) all distributions to such Preferred Unit Holder pursuant to Section 10.2(c).

Adjusted Capital Contribution. Adjusted Capital Contribution" of a Partner shall mean the aggregate of such Partner's Capital Contributions, reduced, but not below zero, by distributions to such Partner pursuant to Paragraph 8.1 (Distribution of Distributable Cash) hereof.