Capital Balance definition
Capital Balance means, for a Loan at any date, the principal balance of that Loan to which the Servicer applies the relevant interest rate at which interest on that Loan accrues;
Capital Balance means, for any Mortgage Loan at any date, the principal balance of that Mortgage Loan to which the Seller applies the relevant interest rate at which interest on that Mortgage Loan accrues.
Capital Balance means in respect of a Loan at any date the principal balance of that Loan to which the Servicer applies the relevant interest rate and on which interest on the Loan accrues.
Examples of Capital Balance in a sentence
We have also been advised that the Reserve Value and Working Capital Balance of each Partnership has been properly allocated between Pioneer USA and Limited Partners of each Partnership in accordance with the Partnership Agreement with respect to a liquidation of such Partnership.
If the Ending Working Capital Balance exceeds the Initial Working Capital Balance, Lessor shall pay over to Lessee cash in the amount of such excess within thirty (30) days of such determination.
If the Ending Working Capital Balance is less than the Initial Working Capital Balance, Lessee shall pay over to Lessor cash in the amount of such deficiency, within thirty (30) days of such determination.
Additionally, both the Initial Working Capital Balance and the Ending Working Capital Balance shall be calculated without the inclusion of any "in circulation" operating or consumable supplies ("In-Circulation Supplies").
Notwithstanding anything to the contrary in the above priority order, if there is an insufficient balance available to fully return to each Partner an amount equal to his then outstanding Capital Balance, the balance, if any, shall be distributed to the Partners in proportion to the combined amount of their then outstanding Capital Balance.
More Definitions of Capital Balance
Capital Balance. With respect to (a) Inland, an amount equal to $28.45 million, plus any additional Capital Contributions made pursuant to Section 3.3.A of this Agreement and Section 1.4.1 of the Contribution Agreement, less the amount of all distributions made to Inland pursuant to the provisions of Sections 4.3(iv) and 4.4(ii) and (b) Cordish, the amount set forth opposite Cordish's name on Schedule A attached hereto, (i) less the amount of all distributions made to Cordish pursuant to Sections 4.3(ii) and 4.4(iv), and (ii) increased from time to time in accordance with the provisions of Section 3.2.B hereof. -2- ADDITIONAL PROPERTY OWNER ENTITY AGREEMENT: The Operating Agreement of each Additional Property Owner Entity, as the same may be amended or modified from time to time.
Capital Balance means, as to each Limited Partner, an amount equal to (i) the Capital Contributions of such Limited Partner, plus (ii) the Net Income allocated to such Limited Partner, less (iii) the Net Losses allocated to such Limited Partner, less (iv) the Distributions to such Limited Partner.
Capital Balance. With respect to (a) Inland, an amount equal to $88,453,326 less (i) the amount of all distributions made to Inland pursuant to Sections 4.3(iv) and 4.4(ii), and (ii) increased by additional Capital Contributions made by Inland pursuant to provisions of Section 1 of the Contribution Agreement and Section 3.3.A of this Agreement, and (b) each Associate Member, the amount set forth opposite such Member's name on Schedule A attached hereto, (i) less the amount of all distributions made to such Member as of such date pursuant to the provisions of Sections 4.3(ii), and 4.4(iv), and (ii) increased from time to time in accordance with the provisions of Section 3.2.B hereof. ADDITIONAL PROPERTY OWNER ENTITY AGREEMENT: The Operating Agreement of each Additional Property Owner Entity, as the same may be amended or modified from time to time.
Capital Balance means in respect of a Mortgage Loan at any date (unless expressly stated otherwise) the principal balance of that Mortgage Loan (and which, for the avoidance of doubt, shall exclude any principal balance that has been written off) as at the end of the Business Day immediately preceding that given date;
Capital Balance means in respect of a Mortgage Loan at any date the principal balance of that Mortgage Loan (and which, for the avoidance of doubt, shall exclude any principal balance that has been written off);
Capital Balance for each Unit means the Capital Contribution made to acquire each Unit increased by an amount determined by dividing any Capital Contribution that was not made to acquire Units divided by the number of Units owned by the Member at the time of such Capital Contribution reduced by the amount of any distribution with respect to such Unit.
Capital Balance. With respect to (a) Inland, an amount equal to $130,050,000, less the amount of all distributions made to Inland pursuant to the provisions of Sections 4.3(iv) and 4.4(ii) and (b) Cordish, the amount set forth opposite Cordish's name on Schedule A attached hereto, (i) less the amount of all distributions made to Cordish pursuant to Sections 4.3(ii) and 4.4(iv), and (ii) increased from time to time in accordance with the provisions of Section 3.2.B hereof. ADDITIONAL PROPERTY OWNER ENTITY AGREEMENT: The Operating Agreement of each Additional Property Owner Entity, as the same may be amended or modified from time to time. AFFILIATE: With respect to any Person, (i) any Person directly or indirectly controlled by, controlling or under common control with such Person, (ii) any officer, director, general partner or manager of such Person, or (iii) any Person which owns, directly or indirectly, ten percent (10%) or more of any class of voting securities of such Person or which exercises control over the management of such Person. For the purposes of this Agreement, "control" when used with respect to any specified Person means the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities or other beneficial interests, by contract or otherwise; and the term "controls", "controlling" and "controlled" have the meanings correlative to the foregoing. ALLOCATION YEAR: Means (i) the period commencing on the Closing Date and ending on December 31, 2004, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V. APPROVED FINANCING: Means any financing or refinancing of a Property on the terms set forth on EXHIBIT B hereto. BUSINESS DAY: Any day other than Saturday, Sunday or any other day on which commercial banks or savings and loan associations are required or authorized by law to close in New York City. CAPITAL ACCOUNT. The Capital Account maintained for each Member pursuant to Section 3.7.