Capital Transaction definition

Capital Transaction means any transaction not in the ordinary course of business which results in the Company’s receipt of cash or other consideration other than Capital Contributions, including, without limitation, proceeds of sales or exchanges or other dispositions of property not in the ordinary course of business, financings, refinancings, condemnations, recoveries of damage awards, and insurance proceeds.

Capital Transaction means any sale, or other disposition (other than a deemed disposition pursuant to Section 708(b)(1)(B) of the Code and the Regulations thereunder) of all or substantially all of the assets and properties of the Partnership or a related series of transactions that, taken together, result in the sale or other disposition of all or substantially all of the assets and properties of the Partnership.

Capital Transaction means a sale of all or substantially all of the assets of the Partnership not in the ordinary course of business.

Examples of Capital Transaction in a sentence

• Notwithstanding any other provision to the contrary, subject to Section 5.03 below, if there is a Capital Transaction, then the Borrower shall distribute fifty percent (50%) of the Net Proceeds resulting from the Capital Transaction to the County Board as a payment on the then outstanding principal and accrued interest on the AHIF Loan; provided that the distribution of Net Proceeds to the County Board shall not exceed the then outstanding principal and accrued interest on the AHIF Loan.

• Notwithstanding any other provision to the contrary and subject to Section 5.03 of the Amended and Restated AHIF Loan Agreement, if there is a Capital Transaction, then the Borrower shall distribute fifty percent (50%) of the Net Proceeds resulting from the Capital Transaction to the County as a payment on the then outstanding principal and accrued interest on the AHIF Loan.

More Definitions of Capital Transaction

Capital Transaction means a refinancing of any Partnership indebtedness or a sale, exchange, eminent domain taking, damage or destruction (whether insured or uninsured), insured title defect or other disposition of all or any portion of the Apartment Complex (other than an event generating proceeds of any business or rental interruption insurance), but excluding the payment of Capital Contributions.

Capital Transaction means any transaction outside the ordinary course of the Partnership’s business involving the sale, exchange, other disposition, or refinancing of any Partnership asset.

Capital Transaction or "Capital Transactions": Sale, transfer, assignment or exchange of stock purchases or other investment made by the Company or other similar transactions which, in accordance with generally accepted principles, are treated as a capital transaction.

Capital Transaction means the sale, financing, refinancing, total or partial destruction, condemnation or other disposition of any Company Asset.

Capital Transaction means the refinancing, sale, exchange, condemnation, recovery of a damage award or insurance proceeds (other than business or rental interruption insurance proceeds not reinvested in the repair or reconstruction of Properties), or other disposition of any Property (or the Partnership's interest therein).

Capital Transaction means any sale, exchange, or other disposition of all or any part of any depreciable real property of the Company.

Capital Transaction means any Stock Dividend, recapitalization (including, without limitation, any special dividend or distribution), reclassification, spin-off, partial liquidation or similar capital adjustments (including, without limitation, through merger or consolidation).