Combined Capital definition

Combined Capital has the meaning stated in the SBIC Act.
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Combined Capital as of the date of determination, the sum of (a) the aggregate value of the capital accounts of the partners of the Borrowers’ Agent as shown on the Borrowers’ Agent consolidated balance sheet contained in the most recent financial statements delivered pursuant to Section 7.1 and (b) the aggregate value of the capital accounts of the members of the CEP-TIR as shown on the consolidated balance sheet of CEP-TIR contained in the most recent financial statements delivered pursuant to Section 7.1.
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Combined Capital means the sum of the Total Aggregate Capital and the "Total Aggregate Capital" under the Secondary Purchase Agreement.
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Examples of Combined Capital in a sentence

  • From 1 January 2016, restrictions on the proportion of profits that can be paid through ordinary dividends, Additional Tier 1 distributions (including Distributions on ANZ Capital Notes 4) and discretionary staff bonuses will apply if ANZ’s Common Equity Capital Ratio falls into the Combined Capital Buffer.

  • In addition, Cenkos is also required to maintain a Combined Capital Buffer (‘CCB’) to be met with Common Equity Tier 1 capital, to provide for losses in the event of stress.

  • Commencing on the Optional Reduction Effective Date, the Collection Agent shall cease the reinvestment of Collections for a period of time such that after giving effect to the amount of Collections which are not reinvested in accordance with the provisions of Section 2.04(b)(ii), the amount of Combined Capital on the day immediately preceding the Optional Reduction Effective Date is reduced by an amount equal to the Optional Reduction Amount.

  • The term “Applicant” shall refer the person recorded in clause 1.1.1 of the application form submitted to Combined Capital Solutions (Pty) Ltd (“CCS”), unless the application indicates that discounting is required also by the person recorded in clause 1.1.2, in which event the term includes that person.

  • Such purchase and sale shall be for cash at a purchase price equal to the greater of (i) 50% of the Net EBITDA for the Pricing Period ending with the month immediately preceding the month in which the written notice is given exercising the Put/Call Right times the Valuation Multiple and (ii) the LD Combined Capital Account Balance.

  • LANDLORD: TENANT: Combined Capital Associates VII, 21st Century Telesis, Inc.

  • Note in each case that grants can only contribute up to 50% towards eligible project costs: Combined Capital Expenditure & Infrastructure projects: £20,000 Capital Expenditure projects only: £20,000Infrastructure Improvement projects only: £20,000Consultancy Support projects: £5,000Exhibition Support projects: £4,000Training Support projects: £4,000 Note that the maximum cumulative BRGF grant that any individual business can receive within a rolling 24-month period is capped at £20,000.

  • The term “Applicant” shall refer the person or persons, jointly and severally, recorded in clause 1.1.1 of the application form submitted to Combined Capital Solutions (Pty) Ltd (“CCS”).

  • All action on the part of the Issuer necessary for the authorization of this Offering Agreement, the performance of all obligations of the Issuer hereunder at a Closing, and the authorization, sale, issuance, and delivery of the Securities pursuant hereto have been taken or will be taken prior to the applicable Closing.

  • Real Combined Total Expenditure, RCORE: Real Combined Revenue Expenditure, RCOCE: Real Combined Capital Expenditure, RCODE: Real Combined Developmental Expenditure, RCONDE: Real Combined Non-Developmental Expenditure, RTE: Real Total Expenditure, RRE: Real Revenue Expenditure, RCE: Real Capital Expenditure, RCDE: Real Centre Developmental Expenditure, RCNDE: Real Centre Non- Developmental Expenditure, GDP: Real Gross Domestic Product, INFL: Inflation Rate.


More Definitions of Combined Capital

Combined Capital as of the date of determination, (i) for any date prior to the CEP-TIR Acquisition Date, the sum of (a) the aggregate value of the capital accounts of the partners of the Borrowers’ Agent as shown on the Borrowers’ Agent consolidated balance sheet contained in the most recent financial statements delivered pursuant to Section 7.1 and (b) the aggregate value of the capital accounts of the members of CEP-TIR as shown on the consolidated balance sheet of CEP-TIR contained in the most recent financial statements delivered pursuant to Section 7.1, and (ii) for any date on or after the CEP-TIR Acquisition Date, the aggregate value of the capital accounts of the partners of the Borrowers’ Agent as shown on the Borrowers’ Agent consolidated balance sheet contained in the most recent financial statements delivered pursuant to
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Combined Capital means MACC's Combined Capital as defined in SBA regulations as of the date hereof.
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Combined Capital. 2 1.11 "Company" 2 1.12 "Debentures" 2 1.13 "ERISA" 2 1.14 "Fiscal Year" 2 1.15 "Interest" 2 1.16 "Investment Company Act" 2 1.17 "Leverage" 2 1.18 "Majority in Interest" 3 1.19 "Management Board" 3 1.20 "Management Expenses" 3 1.21 "Management Fee" 3 1.22 "Member" 3 1.23 "Net Cash Flow" 3 1.24 "Net Income" and "Net Loss" 4 1.25 "Officers" 4 1.26 "Percentage Interest" 4 1.27 "Portfolio Companies" 5 1.28 "Portfolio Securities" 5 1.29 "Private Capital" 5 1.30 "Regulatory Capital" 5 1.31 "SBA" 5 1.32 "SBIC" 5 1.33 "SBIC Act" 5 1.34 "Security" or "Securities" 5 1.35 "Securities Act" 5 1.36 "Small Business" 5 1.37 "Treasury Regulations" 5 2. Organization 5 2.1 Formation 5
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Combined Capital has the meaning stated in the SBIC Act. “Commencement Date” means February 14, 2003. “Control Person” has the meaning stated in the SBIC Act. “Debentures” has the meaning stated in the SBIC Act. “Depreciation” shall mean for each Fiscal Year an amount equal to the depreciation, amortization, or other cost recovery deduction allowable with respect to any Noncash Asset for such year or other period, except that if the Gross Asset Value of a Noncash Asset differs from its adjusted basis for Federal income tax purposes at the beginning of such year or other period, Depreciation shall be an amount which bears the same ratio to such beginning Gross Asset Value as the Federal income tax depreciation, amortization, or other cost recovery deduction for such year or other period bears to such beginning adjusted tax basis; provided, however, that if the adjusted basis for Federal income tax purposes of a Noncash Asset at the beginning of such year or other period is zero, Depreciation shall be determined with reference to such beginning Gross Asset Value using any reasonable method selected by the General Partner. “Designated Party” means any of the General Partner, any Investment Adviser/Manager, and any partner, manager, stockholder, director, officer, employee, member of the Investment Committee of the New General Partner or Affiliate of any of the foregoing. “ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and the regulations thereunder and interpretations thereof promulgated by the Department of Labor, as in effect from time to time. “Fiscal Year” shall mean the Partnership’s taxable year for federal income tax purposes or, if the context requires, any portion of such year for which the Partnership is required to allocate Profits, Losses, and other items of Partnership income, gain, loss or deduction pursuant to Article 6. “General Partner” means the general partner or general partners of the Partnership, as set forth in this Agreement. “Gross Asset Value” shall mean with respect to any Noncash Asset the Noncash Asset’s adjusted basis for federal income tax purposes, except as follows: (i) The initial Gross Asset Value of any Noncash Asset contributed by a Partner to the Partnership shall be the gross fair market value of such Noncash Asset, as
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Combined Capital means, on any given date, the aggregate of Capital and ING Capital.
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Related to Combined Capital

  • Consolidated Capital means the sum of (i) Consolidated Debt of the Borrower and (ii) the consolidated equity of all classes of stock (whether common, preferred, mandatorily convertible preferred or preference) of the Borrower, in each case determined in accordance with GAAP, but including Equity-Preferred Securities issued by the Borrower and its Consolidated Subsidiaries and excluding the funded pension and other postretirement benefit plans, net of tax, components of accumulated other comprehensive income (loss).

  • Unreturned Capital means, with respect to a Preferred Unit or a ------------------ Class L Common Unit, the excess, if any, of the Capital Contribution made or deemed made in exchange for or on account of such Unit over all Distributions made by the Partnership that constitute a return of the Capital Contribution therefor pursuant to Section 4.1(a)(ii) or 4.1(a)(iv).

  • Adjusted Capital means the sum of (i) cumulative gross proceeds generated from issuances of the Shares (including the Company's distribution reinvestment plan), less (ii) distributions to investors that represent a return of capital and amounts paid for share repurchases pursuant to the Company's share repurchase program. For purposes of computing the Incentive Fee, the calculation methodology will look through derivatives or swaps as if the Company owned the reference assets directly. Therefore, net interest, if any, associated with a derivative or swap (which represents the difference between (i) the interest income and fees received in respect of the reference assets of the derivative or swap and (ii) the interest expense paid by the Company to the derivative or swap counterparty) will be included in the calculation of quarterly pre-incentive fee net investment income for purposes of the Incentive Fee. The calculation of the Incentive Fee for each quarter is as follows: · No Incentive Fee shall be payable to the Advisor in any calendar quarter in which the Company's pre-incentive fee net investment income does not exceed the preferred return rate of 1.50% (6.0% annualized) (the "Preferred Return") on Adjusted Capital. · 100% of the Company's pre-incentive fee net investment income, if any, that exceeds the Preferred Return, but is less than or equal to 1.715% in any calendar quarter (6.86% annualized) shall be payable to the Advisor. This portion of the Company's pre-incentive fee net investment income is referred to as the "catch-up." The "catch-up" provision is intended to provide the Advisor with an incentive fee of 12.5% on all of the Company's pre-incentive fee net investment income in any calendar quarter when the Company's pre-incentive fee net investment income reaches 1.715% in such calendar quarter (6.86% annualized). · 12.5% of the amount of the Company's pre-incentive fee net investment income, if any, that exceeds 1.715% in any calendar quarter (6.86% annualized) shall be payable to the Advisor once the Preferred Return is reached and the catch-up has been achieved (12.5% of the Company's pre-incentive fee net investment income thereafter shall be allocated to the Advisor).

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Average Invested Capital of the Company shall mean the average of the aggregate historical cost of the consolidated assets of the Company and its subsidiaries, excluding the Transferred Assets, invested, directly or indirectly, in real estate or ownership interests in, and loans secured by, real estate and personal property owned in connection with such real estate (collectively, “Properties”) (including acquisition related costs and costs which may be allocated to intangibles or are unallocated), before reserves for depreciation, amortization, impairment charges or bad debts or other similar noncash reserves, computed by taking the average of such values at the beginning and end of the period for which Average Invested Capital is calculated.

  • Contributed Capital means, with respect to a Common Unitholder holding Capital Commitments, the aggregate amount of capital contributions from such Common Unitholder’s Capital Commitments that have been funded by such Common Unitholder to purchase Units. For the avoidance of doubt, Contributed Capital will not take into account distributions of the Fund’s investment income (i.e., proceeds received in respect of interest payments, dividends or fees, net of expenses) to the investors. Following the Investment Period, the Adviser may issue Drawdown Notices, and Common Unitholders will be required to make Drawdown Purchases, for the purposes described in Section 4.1(b).

  • Consolidated Capitalization means, as of any date on which the amount thereof is to be determined, the sum of Consolidated Indebtedness plus Consolidated Net Worth.

  • Committed Capital means $20,837,637.00 for 14,129,250 Class A Capital Units to be issued with respect to Members receiving Class A Capital Units in the Reorganization, and, with respect to any additional Members, the purchase price of the Capital Units subscribed for in any subsequent offering pursuant to a subscription agreement that has been accepted by the Company, regardless of whether such purchase price has been fully paid.

  • Fixed capital cost means the capital needed to provide all the depreciable components.

  • Consolidated Capitalization Ratio on the last day of any fiscal quarter, the ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capital.

  • Total adjusted capital means the sum of:

  • Adjusted Capital and Reserves means the aggregate of:

  • Fully Diluted Capitalization means the aggregate number, as of immediately prior to the First Equity Financing, of issued and outstanding shares of Capital Stock, assuming full conversion or exercise of all convertible and exercisable securities then outstanding, including shares of convertible Preferred Stock and all outstanding vested or unvested options or warrants to purchase Capital Stock, but excluding (i) the issuance of all shares of Capital Stock reserved and available for future issuance under any of the Company’s existing equity incentive plans, (ii) convertible promissory notes issued by the Company, (iii) any SAFEs, and (iv) any equity securities that are issuable upon conversion of any outstanding convertible promissory notes or SAFEs.

  • Total Consolidated Capitalization means, as of any date of determination with respect to the Borrower, the sum of Total Consolidated Debt and Consolidated Net Worth.

  • Net Capital Net Capital shall mean "net capital" as defined in Rule 15c3-1.

  • Consolidated Total Capital means, as of any date of determination, the sum of (i) Consolidated Indebtedness and (ii) Consolidated Net Worth at such time.

  • Unrecovered Capital means at any time, with respect to a Unit, the Initial Unit Price less the sum of all distributions constituting Capital Surplus theretofore made in respect of an Initial Common Unit and any distributions of cash (or the Net Agreed Value of any distributions in kind) in connection with the dissolution and liquidation of the Partnership theretofore made in respect of an Initial Common Unit, adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of such Units.

  • Qualified Capital Stock means any Capital Stock that is not Disqualified Capital Stock.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • CET1 Capital means at any time, the common equity tier 1 capital of the Bank or the Group, respectively, as calculated in accordance with Chapter 2 (Common Equity Tier 1 capital) of Title I (Elements of own funds) of Part Two (Own Funds) of the CRR and/or Applicable Banking Regulations at such time, including any applicable transitional, phasing in or similar provisions;

  • Adjusted Capital Account means the Capital Account maintained for each Partner as of the end of each Fiscal Year (i) increased by any amounts which such Partner is obligated to restore pursuant to any provision of this Agreement or is deemed to be obligated to restore pursuant to the penultimate sentences of Regulations Sections 1.704-2(g)(1) and 1.704-2(i)(5) and (ii) decreased by the items described in Regulations Sections 1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5) and 1.704-1(b)(2)(ii)(d)(6). The foregoing definition of Adjusted Capital Account is intended to comply with the provisions of Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Required Capital Amount has the meaning set forth in Section 5(e) of this Supplement.

  • Return on Invested Capital for a period shall mean earnings before interest, taxes, depreciation and amortization divided by the difference of total assets less non-interest bearing current liabilities.

  • Non-Financed Capital Expenditures means, for any period, Capital Expenditures during such period other than Capital Expenditures funded with the proceeds of Indebtedness (excluding ABL Revolving Loans).

  • Partially Adjusted Capital Account means, with respect to any Member for any Fiscal Year, the Capital Account balance of such Member at the beginning of such period, adjusted as set forth in the definition of Capital Account for all contributions and distributions during such period and all special allocations pursuant to Section 7.3 with respect to such period but before giving effect to any allocation with respect to such period pursuant to Section 7.2.

  • Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.