Maximum Capitalization definition
Examples of Maximum Capitalization in a sentence
The Maximum Capitalization Ratio of the Company and its Restricted Subsidiaries at the end of each fiscal quarter shall not be greater than .60 to 1.
The actual capitalization raised by the Company hereunder (the Original Capital or the Capitalization ) shall be raised, if ever, prior to 31 December, 2021, or, if the Series has begun to air prior to such time, until the last episode of the Series has aired, and shall equal an amount no greater than the Maximum Capitalization and no less than the Minimum Capitalization.
The actual capitalization raised by the Company to engage in the activities set forth herein (the "Original Capital" or the "Capitalization") shall be raised, if ever, prior to the first paid public performance of the Production and shall equal an amount no greater than the Maximum Capitalization and no less than the Minimum Capitalization.
The Managers shall not be precluded from continuing to obtain additional funds from Members until the Company is able to raise a Maximum Capitalization of no more than Fifty Million Dollars ($50,000,000) has been paid in.
Notwithstanding anything herein to the contrary, the Company may accept loans, promissory notes, sponsorship, amounts earned as a result of the Series, either from studio(s), network(s), production company(s) and/or advertisers, or other financing at any time which may count towards or constitute part of the Minimum Capitalization or the Original Capital, and nothing shall prohibit the acceptance of loans or other non-equity financing after the Maximum Capitalization has been paid in.
Notwithstanding anything herein to the contrary, the Company may accept loans ("Loans"), promissory notes, sponsorship, or other financing at any time which may count towards or constitute part of the Minimum Capitalization or the Original Capital, and nothing shall prohibit the acceptance of loans or other non-equity financing after the Maximum Capitalization has been paid in.
The Managers shall not be precluded from continuing to obtain additional funds from Members but prior to the opening night performance of the Production up to a "Maximum Capitalization" of no more than Fourteen Million Dollars ($14,000,000) from the sale of Membership Interests hereunder.