Examples of Cash Capital Contribution in a sentence
The Cash Manager shall record on each Partner’s Capital Account Ledger whether the relevant Capital Contribution was a Cash Capital Contribution or a Capital Contribution in Kind.
There shall be a deemed Cash Capital Contribution by the Seller (in its capacity as Member) in an amount equal to the relevant increase in respect of the Loan, in accordance with clause 8.3 of the LLP Deed.
The Cash Manager shall record on each Partner's Capital Account Ledger whether the relevant Capital Contribution was a Cash Capital Contribution or a Capital Contribution in Kind.
Pursuant to the terms of the LLP Deed, the Seller will agree to use all reasonable endeavours to transfer Loans and their Related Security or Substitution Assets to the LLP or make a Cash Capital Contribution in order to ensure that the Portfolio is in compliance with the Asset Coverage Test.
The LLP will transfer an amount equal to the Cash Capital Contribution it receives from the Seller within one Business Day of receipt of such amount into the Transaction Account and make a credit to the Coupon Payment Ledger.
The Protocol would allow the tax authorities of each country to exchange information relevant to carrying out the provisions of the Convention or the domestic tax laws of either country, including information that would otherwise be protected by the bank secrecy laws of either country.
Alternatively, Skipton (in its capacity as Member of the LLP) may make a Cash Capital Contribution to the LLP pursuant to the LLP Deed in order to ensure that the LLP is in compliance with the Asset Coverage Test.
Any reference in this Agreement to a Capital Contribution (or Cash Capital Contribution) of or distribution to a Member that has succeeded any other Member shall include any Capital Contributions (or Cash Capital Contribution) or distributions previously made by or to the former Member on account of the Units of such former Member transferred to such Member.
Contemporaneously with the execution hereof, (a) each Member shall make the Cash Capital Contribution set forth opposite such Member's name on Schedule 1 (the "Initial Capital Contribution") (to the extent not previously paid to the Company) and (b) each of RCN-Sub and BecoCom shall contribute the RCN Contributed Assets and the BecoCom Contributed Assets, respectively, to the Company and shall receive a credit to the amount of its Initial Capital Contribution in the amount set forth on Schedule 1.
Each installment of the Managing Member’s Initial Cash Contribution shall accrue simple interest at 6% per annum from the date made, which aggregate contribution and accrued interest will be repaid at Closing; provided that Operating Member’s Initial Cash Capital Contribution is fully repaid at Closing as provided below.