Capital Withdrawal definition

Capital Withdrawal means the withdrawal of equity investment from an entity;
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Capital Withdrawal from a Capital Account – any distribution of cash or other property from such Capital Account to the Member or Assignee who holds such Account and any withdrawal of cash or other property from such Capital Account (if allowed by the Managing Member), pursuant to this Agreement (including distributions pursuant to the provisions of Article 11). Each Capital Withdrawal from a Capital Account shall be deemed to be effected as of the end of the Accounting Period, notwithstanding that a distribution in connection with such Capital Withdrawal is made after the end of such Accounting Period. For the avoidance of doubt, a distribution shall not include any amount constituting reasonable compensation for present or past services. The amount of a Capital Withdrawal from a Capital Account shall be the amount of cash distributed in connection with such withdrawal (to the extent cash is distributed in connection with such withdrawal) plus the net value of any assets associated that are distributed in connection with such withdrawal (to the extent assets associated are distributed in connection with such withdrawal).
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Capital Withdrawal from a Capital Account in a Series – any distribution of cash or other property from such Capital Account to the Member or Assignee who holds such Account and any withdrawal of cash or other property from such Capital Account (if allowed by the Manager), pursuant to this Agreement (including distributions pursuant to the provisions of Article XI). Each Capital Withdrawal from a Capital Account in a Series shall be deemed to be effected as of the end of an Accounting Period of such Series, notwithstanding that a distribution in connection with such Capital Withdrawal is made after the end of such Accounting Period. For the avoidance of doubt, a distribution shall not include any amount constituting reasonable compensation for present or past services. The amount of a Capital Withdrawal from a Capital Account in a Series shall be the amount of cash distributed in connection with such withdrawal (to the extent cash is distributed in connection with such withdrawal) plus the net value of any assets associated with such Series that are distributed in connection with such withdrawal (to the extent assets associated with such Series are distributed in connection with such withdrawal), determined in accordance with the valuation principles set forth in the Authorizing Resolution creating such Series or in the Memorandum(if any) relating to such Series.
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Examples of Capital Withdrawal in a sentence

  • EXHIBIT D [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company Xxx Xxxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxxxxx Xxxx and Xxxxxxx Xxxxxxxx Re: Trust Account – Working Capital Withdrawal Instruction Dear Xx. Xxxx and Xx. Xxxxxxxx: Pursuant to Section 1(k) of the Investment Management Trust Agreement between RMG Acquisition Corp.

  • Notwithstanding any other provision of this Agreement, no Capital Withdrawal shall be made to the extent that, after giving effect to such withdrawal, the Company would be in violation of Section 18-607(a) or Section 18-804(a) of the Act.

  • The amount of any taxes withheld and paid by a Series on behalf of a Member or Assignee thereof shall be deemed to constitute a distribution to such Member or Assignee and, if withheld and paid in connection with a Capital Withdrawal by such Member or Assignee from a Capital Account in such Series, shall reduce (on a dollar-for-dollar basis) the amount such Series would otherwise pay directly to such Member or Assignee in connection with such Capital Withdrawal.

  • The amount of any taxes withheld and paid by the Company on behalf of a Member or Assignee thereof shall be deemed to constitute a distribution to such Class A Member or Assignee and, if withheld and paid in connection with a Capital Withdrawal by such Member or Assignee from a Capital Account, shall reduce (on a dollar for dollar basis) the amount the Company would otherwise pay directly to such Class A Member or Assignee in connection with such Capital Withdrawal.

  • The amount of any taxes withheld and paid by the Company on behalf of a Member or Assignee thereof shall be deemed to constitute a distribution to such Member or Assignee and, if withheld and paid in connection with a Capital Withdrawal by such Member or Assignee from a Capital Account, shall reduce (on a dollar for dollar basis) the amount the Company would otherwise pay directly to such Member or Assignee in connection with such Capital Withdrawal.

  • Notwithstanding any other provision of this Agreement, no Capital Withdrawal shall be made from a Series to the extent that, after giving effect to such withdrawal, such Series would be in violation of Section 18-607(a) or Section 18-804(a) of the Act.

  • Xxxxxxx Xxxxx & Company, L.L.C. Xxxxxx, Xxxxxxxx & Company, Incorporated EXHIBIT D [Letterhead of Company] [Insert date] American Stock Transfer & Trust Company, LLC 0000 00xx Xxxxxx Xxxxxxxx, XX 00000 Attn: Relationship Management Re: Trust Account No. Working Capital Withdrawal Instruction Dear Mr. _____: Pursuant to Section 1(k) of the Investment Management Trust Agreement between Nebula Caravel Acquisition Corp.

  • By: Name: Title: cc: Univest Securities, LLC EXHIBIT C [Letterhead of Company] [Insert date] Continental Stock Transfer & Trust Company 0 Xxxxx Xxxxxx, 00xx xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Xxxxxxx Xxxx and Xxxxxxx Xxxxxxxx Re: Trust Account No. XXX-XX0349___[Tax Withdrawal][Working Capital Withdrawal] Letter Dear Xx. Xxxx and Xx. Xxxxxxxx: Pursuant to paragraph 2(a) of the Investment Management Trust Agreement between UTXO Acquisition Inc.

  • At such time as CFS makes a Capital Withdrawal, the amount and form of the Capital Withdrawal shall be based on the Fair Market Value thereof, and shall result in a corresponding reduction in the Capital Account of CFS, in an amount equal to the Fair Market Value of assets withdrawn.

  • Evercore Group L.L.C. EXHIBIT D [Letterhead of Company] [Insert date] American Stock Transfer & Trust Company, LLC 0000 00xx Xxxxxx Xxxxxxxx, XX 00000 Attn: Relationship Management Re: Trust Account No. Working Capital Withdrawal Instruction Dear Mr. _____: Pursuant to Section 1(k) of the Investment Management Trust Agreement between Bilander Acquisition Corp.


More Definitions of Capital Withdrawal

Capital Withdrawal has the meaning set forth in Section 5.5.
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Capital Withdrawal from a Capital Account – any distribution of cash or other property from such Capital Account to the Member or Assignee who holds such Account and any withdrawal of cash or other property from such Capital Account (if allowed by the Managing Member), pursuant to this Agreement (including distributions pursuant to the provisions of Article XI). Each Capital Withdrawal from a Capital Account shall be deemed to be effected as of the end of an Accounting Period, notwithstanding that a distribution in connection with such Capital Withdrawal is made after the end of such Accounting Period. For the avoidance of doubt, a distribution shall not include any amount constituting reasonable compensation for present or past services (including Management Fees to the Managing Member). The amount of a Capital Withdrawal from a Capital Account shall be the amount of cash distributed in connection with such withdrawal (to the extent cash is distributed in connection with such withdrawal) plus the net value of any assets that are distributed in connection with such withdrawal, determined in accordance with the valuation principles set forth in this Agreement or the Offering Circular (if any).
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Capital Withdrawal means the withdrawal of equity investment from an entity; “Chief Executive Officer” means the person appointed as such under section 14;
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Capital Withdrawal a withdrawal of cash or other property from a Capital Account, and any distribution of cash or other property made by the Partnership to a Partner, pursuant to this Agreement. Each Capital Withdrawal shall be deemed to be effected as of the end of an Accounting Period, notwithstanding that a distribution in connection with such Capital Withdrawal is made after the end of such Accounting Period. For the avoidance of doubt, a distribution shall not include any amount constituting reasonable compensation for present or past services (including Management Fees and Substitute Management Fees to the General Partner).
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Capital Withdrawal means a withdrawal from a Partner's Capital Account.
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Capital Withdrawal has the meaning set forth in Section 5.5. “Certificate of Formation” means the Company’s certificate of formation (as defined in § 18-201 of the Act) filed with the Secretary of State of the State of Delaware on January 1, 2013 and any duly authorized, executed and filed amendments or restatements thereof.
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Related to Capital Withdrawal

  • Cash Withdrawal means a disbursement of funds in any currency from any Account out of the balance in your favour (whether or not in the form of cash) made or obtained through or in connection with any Citibank ATM/ Debit Card.

  • Event of withdrawal of a general partner means an event that causes a person to cease to be a general partner as provided in section 402.

  • Event of Withdrawal has the meaning assigned to such term in Section 11.1(a).

  • Qualified withdrawal means a withdrawal from an account to pay the qualified disability expenses of the designated beneficiary of the account.

  • Suspension/Withdrawal Event means, in respect of the Benchmark:

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

  • Single Withdrawal Tranche means the amount of the Financing allocated to the category entitled “Single Withdrawal Tranche” in the table set forth in Part B of Section II of Schedule 1 to this Agreement.

  • Withdrawal Value means a Participant's Account Value minus the applicable Withdrawal Charge. (transfer from GRA VII SBR,MBR/GRA III SBR,MBR -- Series III) (original GRA VII NBR/GRA VI NBR -- Series III) P-13099(SBR)(MBR)(NBR)conv.4

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Power of withdrawal means a presently exercisable general power of appointment other than a power:

  • Withdrawal Notice shall have the meaning given in Section 2.1.6.