Book Capital Account definition

Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

Book Capital Account means, for any Holder at any time in any Fiscal Year, the Book Capital Account balance of the Holder on the first day of the Fiscal Year, as adjusted each day pursuant to the provisions of Section 3.2 hereof.

Book Capital Account means, for any Shareholder at any time, the Book Capital Account of the Shareholder as determined pursuant to Article XI, Section 11.01 hereof. Each Shareholder shall have a separate Book Capital Account for each Series in which it holds Shares.

Examples of Book Capital Account in a sentence

• Subject to Section 4.4 (Payment of Distributions of Shortfall Loans Outstanding), distributions made upon liquidation of any Member Interest will be made in accordance with the positive Book Capital Account balance of the Member.

• These balances will be determined after taking into account all Book Capital Account adjustments for the Company’s Fiscal Year during which the liquidation occurs.

• Immediately after the completion of the capital contributions for which Section 2.8 (Closing Deliveries) provides, the parties agree that the Book Capital Account of each Member is as follows: Name Initial Book Capital Account Large Member $ Small Member $ Comment As the introduction indicates, this is tied directly to the capital contributions made at the Closing pursuant to Section 2.8 (Closing Deliveries).

• Prior to the Effective Date, each of the Developers has funded Initial Capital Contributions to the Company in the aggregate amount set forth opposite such Member’s name in the column labeled “Initial Capital Contributions” on Exhibit “B” attached hereto, which were credited to each such Member’s Book Capital Account.

• Any Capital Contributions made by a Member pursuant to this Section 4.3C shall be treated as a Development Stage Contribution and credited to such Member’s Book Capital Account as and when any such contribution is made.

More Definitions of Book Capital Account

Book Capital Account means, for any Holder (as hereinafter defined) at any time, the Book Capital Account of the Holder at such time with respect to the Holder's beneficial interest in the Trust Property (as hereinafter defined) of any Series, determined in accordance with the method established by the Trustees pursuant to Section 8.1 hereof. The Trust shall maintain separate records of Book Capital Accounts for each such Series.

Book Capital Account means, with respect to any Holder, the Capital Account maintained for such Holder on a daily basis in accordance with Article VII of this Agreement.

Book Capital Account means in the case of any Shareholder the account established and maintained by the Administrator in the books and records of the relevant Sub-Fund that corresponds to the Series of Shares held by that Shareholder pursuant to Article 4.

Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder at such time with respect to such Holder's interest in the Trust Property of any Series, determined in accordance with generally accepted accounting principles and the provisions of the 1940 Act, and each Holder shall have a separate Book Capital Account for each Series in which it holds an Interest.

Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with generally accepted accounting principles and the provisions of the 1940 Act.

Book Capital Account means, with respect to any Interestholder, the Capital Account maintained for such Interestholder on a daily basis in accordance with Article V of this Declaration of Trust;

Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder at such time with respect to such Holder's interest in the Trust Property, determined in accordance with generally accepted accounting principles and the provisions of the 1940 Act.