Capital Return Certification definition

Capital Return Certification means, with respect to a Fund Group, the delivery of an updated Borrowing Base Certificate which includes, in the spreadsheet calculating the Available Commitment of such Fund Group, an additional column depicting the Returned Capital distributed to each Investor relating to such Fund Group, along with a certification by a Responsible Officer of the applicable Borrower or Feeder Fund, as applicable, in the form of Exhibit Q that such amounts have been returned to such Investors and are recallable as Capital Contributions pursuant to a Capital Call under the applicable Partnership Agreement.
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Capital Return Certification means the delivery of an updated Borrowing Base Certificate which includes, in the spreadsheet calculating the Available Commitment, an additional column depicting the Returned Capital distributed to each Investor, along with a certification by a Responsible Officer of the Initial Borrower in the form of Exhibit Q that such amounts have been returned to the Investors and are recallable as Capital Contributions pursuant to a Capital Call under the Initial Borrower’s (and, as applicable, any Pooled Vehicle Investor’s) Constituent Documents.
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Capital Return Certification means a certificate in the form of Exhibit N.
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Examples of Capital Return Certification in a sentence

  • No Credit Party shall return any funds to the Investors which may be the subject of a Capital Call without concurrently delivering to the Administrative Agent a copy of each related Capital Return Notice and a Capital Return Certification.

  • The Borrowers agree that the effective date on which an Investor’s Unfunded Capital Commitment increases by Returned Capital for purposes of the Borrowing Base shall be the date on which the applicable Borrowers have delivered to the Administrative Agent a Borrowing Base Certificate containing a duly completed Capital Return Certification and reflecting such changes resulting from the Returned Capital.

  • No Borrower shall return any funds to the Investors that may be the subject of a Capital Call without concurrently delivering to the Administrative Agent a copy of each related Capital Return Notice and a Capital Return Certification.

  • The Borrower shall not return any funds to the Investor which may be the subject of a Capital Call without concurrently delivering to the Administrative Agent a copy of each related Capital Return Notice and Capital Return Certification.

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  • Within three (3) Business Days following notification to the Investors of any Returned Capital, Borrower Parties shall: (i) notify Lender in writing of such Returned Capital; (ii) deliver to Lender a revised Borrowing Base Certificate reflecting the increase to the Uncalled Capital Commitments resulting from the Returned Capital; and (iii) deliver to Lender copies of all Capital Return Notices and a Capital Return Certification duly executed by the applicable Fund Party.

  • The effective date on which an Investor’s Unused Commitment increases by Returned Capital for purposes of this Credit Agreement shall be the date on which the Investor Capital Return Notice and, if reasonably requested by the Administrative Agent, an Investor Capital Return Certification, duly completed and executed by the applicable Borrower, is delivered to the Administrative Agent by such Borrower.


More Definitions of Capital Return Certification

Capital Return Certification means a certificate in the form of Exhibit N.
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Related to Capital Return Certification

  • Interim Certification As defined in Section 2.02.

  • annual return means the return required to be made in the case of a company having a share capital, under section 132 and in the case of a company not having a share capital, under section 133;

  • Tax Compliance Certificate as defined in Section 5.9.2(b)(iii).

  • Performance Certificate means the certificate issued under Sub-Clause 11.9 [Performance Certificate].

  • U.S. Tax Compliance Certificate has the meaning specified in Section 3.01(e)(ii)(B)(III).

  • Valuation Report means the valuation report or reports for mortgage purposes, in the form of the pro-forma contained in the Standard Documentation, obtained by the Seller from a Valuer in respect of each Mortgaged Property or a valuation report in respect of a valuation made using a methodology which would be acceptable to a reasonable prudent mortgage lender;

  • Total Return means the annual compounded rate of return for an investment fund for a period that would equate the initial value to the redeemable value at the end of the period, expressed as a percentage, and determined by applying the following formula: