Funded Capital Commitment definition

Funded Capital Commitment means with respect to Seller and each Partnership, the amount of Seller’s Remaining Capital Commitment to such Partnership that has been paid by Seller after the Cut Off Date and prior to the applicable Closing Date, all as set forth in Schedule 5(g).
Funded Capital Commitment means, as of any date, the portion of the AEG Committed Capital that has been used to fund operating cash flow (as defined by GAAP) of the TLC Business as of such date. In order to ensure that Holdings does not receive excess proceeds from Liquidity Events as a result of contribution of excess or unnecessary Funded Capital Commitment, it is understood that Funded Capital Commitment does not include any portion of the AEG Committed Capital that at the time of contribution or payment to the Company was not reasonably required to fund ongoing operating cash flow. In any event the initial capital contribution of $10 million pursuant to Section 5.11 is deemed to be Funded Capital Commitment.
Funded Capital Commitment means the amount of the Seller Holders’ Remaining Capital Commitment that, after the Cut Off Date and prior to the Closing Date, (i) was paid by Seller to the General Partner prior to the distribution to, and contribution to the Feeder LLC by, Seller of the Capital Interest or (ii) was or is paid by Seller to the Feeder LLC after the distribution to, and contribution to the Feeder LLC by, Seller of the Capital Interest.

Examples of Funded Capital Commitment in a sentence

  • To the extent that a Funded Capital Commitment was made in a currency other than the US Dollar, then the exchange rate utilized to determine the amount of such Funded Capital Commitment in US Dollars shall be the spot rate as of the date such Funded Capital Commitment was made by Seller.


More Definitions of Funded Capital Commitment

Funded Capital Commitment means, as of any date, the portion of the AEG Committed Capital that has been used to fund operating cash flow (as defined by GAAP) of the TLC Business as of such date. In order to ensure that Holdings does not receive excess proceeds from Liquidity Events as a result of contribution of excess or unnecessary Funded Capital Commitment, it is understood that Funded Capital Commitment does not include any portion of the AEG Committed Capital that at the time of contribution or payment to the Company was not reasonably required to fund ongoing operating cash flow. In any event the initial capital

Related to Funded Capital Commitment

  • Capital Commitment means, for any Borrower, the capital commitment of its Investors in the amount set forth in the applicable Subscription Agreements; “Capital Commitments” means all such Capital Commitments, collectively.

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • 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.

  • Revolving Commitment Amount means the Revolving Commitment amount (if any) set forth adjacent to such Lender’s name on Schedule A attached hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Equity Commitment means (a) options, warrants, convertible securities, exchangeable securities, subscription rights, conversion rights, exchange rights, or other Contracts that could require a Person to issue any of its Equity Interests or to sell any Equity Interests it owns in another Person; (b) any other securities convertible into, exchangeable or exercisable for, or representing the right to subscribe for any Equity Interest of a Person or owned by a Person; (c) statutory pre-emptive rights or pre-emptive rights granted under a Person's Organizational Documents; and (d) stock appreciation rights, phantom stock, profit participation, or other similar rights with respect to a Person.

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • LC Commitment Amount means $600,000,000 as the same may be reduced permanently from time to time pursuant to Section 2.08.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Unfunded Commitment means, with respect to each Lender, the Commitment of such Lender less its Revolving Credit Exposure.

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • SBIC Equity Commitment means a commitment by the Borrower to make one or more capital contributions to an SBIC Subsidiary.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $90,000,000, as such amount may be adjusted as permitted by this Agreement.

  • Revolving Committed Amount shall have the meaning set forth in Section 2.1(a).

  • Liquidity Commitment means, as to each Committed Lender in any Conduit Group, its commitment to such Conduit Group’s Conduit under the Liquidity Agreements, (which shall equal 102% of such Conduit Group’s Percentage of the Aggregate Commitment hereunder).

  • Incremental Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Incremental Commitment shall have the meaning set forth in Section 2.23.

  • Tranche C Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TFA pursuant to Section 2.1(c) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche C Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Unfunded Commitments means legally binding investment commitments that are tracked and recorded by the institution's financial reporting system.

  • Term Facility Commitment means the commitment of a Term Lender to make Term Loans, including Initial Term Loans and/or Other Term Loans.

  • LOC Committed Amount shall have the meaning set forth in Section 2.3(a).

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Total Commitment means, at any time, the sum of the Commitments of each of the Lenders at such time.

  • Total Commitments means the aggregate of the Commitments of all the Lenders.