Examples of Initial Capital Amount in a sentence
The Owners Loan and the Initial Capital Amount are sometimes collectively referred to herein as the "Initial Funding Amount".
As soon as practicable after the Closing, but in no event later than sixty (60) days after Closing, Diamondback will cause to be prepared and delivered to the Contributor the final settlement statement (the “Final Settlement Statement”) setting forth Windsor’s calculation of the Final Capital Amount on the Closing Date, which Final Settlement Statement shall identify with specificity each component thereof and be prepared in a manner consistent with the preparation of the Initial Capital Amount.
Following the Closing, the Closing Consideration shall be reduced or increased in accordance with this Section 1.4 by an amount equal to the difference between the Initial Capital Amount and the Final Capital Amount, divided by sixty-five percent (65%), and then multiplied by thirty-five percent (35%) (the “Capital Adjustment Amount”).
Any reference to the Security Agent acting “reasonably” or in the reasonable opinion of the Security Agent shall not constrain the instructions that may be provided to the Security Agent in accordance with Clause 18.2 (Instructions) and the Security Agent shall not be responsible for any consequences in acting or refraining from acting in accordance therewith.