Invested Equity definition

Invested Equity means, as of any date of determination with respect to a Sponsor, (i) in the case of GA, $89,612,297.61 and (ii) in the case of OSH, $43,282,470.50 plus (ii) the aggregate equity and any other capital contributions made by such Sponsor to the Company or its Subsidiaries through such date made at any time after the Effective Date pursuant to Section 12.5.1 of the LLC Agreement; provided, that the value of any property contributed shall be determined based on the Fair Market Value as of the date of contribution.

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Invested Equity has the meaning assigned in Section 8(a)(i).

Invested Equity means the aggregate gross asset value of the funds made available to the Service Provider by Imation and Imation RIA for discretionary management by the Service Provider, taking into account net capital appreciation and net capital depreciation thereon, and disregarding any leverage applied to such funds.

Examples of Invested Equity in a sentence

• Imation RIA shall be permitted to cause the Invested Equity to exceed the Capacity by any amount up to an additional $500 million for a maximum Capacity of up to $1.5 billion upon Imation Board Approval and at least 45 days prior written notice to the Service Provider (the “Capacity Expansion”).

• The calculation of the amount of Capacity utilized shall be based on the fair value of the Invested Equity, as calculated by a nationally recognized third-party fund administrator (“Administrator”), in consultation with the Service Provider, and in accordance with the Service Provider’s valuation policies and U.S. generally accepted accounting principles, as issued and amended from time to time.

• Notwithstanding anything to the contrary herein or otherwise, as of any date of determination, in no event shall the Hurdle Value be deemed to have been met with respect to the 2X Units and the 4X Units, unless and until each Sponsor realizes cash proceeds in respect of the Units representing their respective Invested Equity equal to at least two (2) times and four (4) times its Invested Equity, respectively.

• Subject to the exceptions set forth below in this paragraph, the Invested Equity shall not exceed $1 billion in the aggregate (the “Capacity”).

• During the Term, Imation RIA may place under the Service Provider’s management from time to time, subject at all times to the supervision of the Service Provider, the Invested Equity which shall be held in a private investment fund or a similar investment vehicle sponsored by Imation RIA or a managed account established by Imation RIA, subject to the terms of this Agreement, with terms not specified in this Agreement to be as mutually agreed in writing by the Parties.

More Definitions of Invested Equity

Invested Equity shall have the meaning ascribed to such term in the recitals.

Invested Equity shall have the meaning assigned to such term on page 6 of the Recitals hereto. At the Closing, the Invested Equity shall be a total of US$90 million. Invested Equity shall be adjusted in the future as provided in Section 5.5.

Invested Equity means, with respect to each Investor, at any time such Investor’s total prior Investment Contributions less any prior distributions that constitute return of capital or return of Note principal, in each case, as determined by the General Partner or the Investment Manager in its sole discretion.

Invested Equity means the aggregate amount of all Capital Contributions made by a member to the capital of SSALH pursuant to the Venture Agreement.

Invested Equity means the product of Investment Base and sixty percent (60%).

Invested Equity means, with respect to any calendar quarter, the aggregate amount of Capital Contributions on the first day of such calendar quarter that have been contributed on behalf of each Property; provided, that a pro rata share of the aggregate amount of Capital Contributions used to pay operating and other expenses of the Company (to the extent not attributable to a particular Property) shall be allocated for purposes of the Invested Equity to each Property (based on the cost basis of each Property). Invested Equity in any Property shall only be reduced by the proceeds of a Disposition of such Property (and not by Dispositions of other Properties) and shall not be reduced by distributions of any Net Operating Cash Flow, financing, refinancing or other capital event. The amount of the initial Invested Equity for the Initial Properties is set forth on Exhibit F and shall be updated by Manager in connection with each Capital Contribution for each Property.

Invested Equity. The amount of capital actually contributed to Dearborn Center by WELP or actually credited to PGRLP as having been contrib▇▇▇▇ to Dearborn Center in accordance with the provisions hereof, without deduction for any profits or distributions made to PGRLP or WELP except as provided in the Operating Agreement (defined below).