Member capital definition

Member capital means the assets that a member must provide by payment, transfer, or allocation of net savings to a cooperative as a condition of admission to or retention of membership and with respect to which the member has rights to dividends, redemption, or distributions on dissolution under this chapter.
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Member capital means an amount equal to the sum of all the Members' Capital Account balances determined immediately prior to an allocation to the Members pursuant to Section 8.1(b) of any Disposition Gain or Disposition Loss, increased by the aggregate amount of Disposition Gain to be allocated to the Members pursuant to Section 8.1(b)(i) or decreased by the aggregate amount of Disposition Loss to be allocated to the Members pursuant to Section 8.1(b)(ii).
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Member capital means with respect to each Member, the amount of such Member’s Capital Contributions to the Company as set forth on Exhibit A.
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Examples of Member capital in a sentence

  • Interest on the balances of the Members’ capital (excluding capital invested in Investments and, if deemed appropriate by the Managing Member, capital invested in any other investment of the Company) shall be credited to the Members’ capital accounts at the end of each accounting period pursuant to Section 5.2, or at any other time as determined by the Managing Member, at rates determined by the Managing Member from time to time, and shall be charged as an expense of the Company.

  • Member capital exposure calculationEnd of dayNet principal, unallocated transactions, partially allocated transactions, over allocated transactions and uncommitted non-controlledclient trades T+1Time 1.

  • Member capital exposure calculationEnd of dayNet principal and uncommittednon-controlled client tradesT+2Time 1.

  • Member capital exposure calculationEnd of dayUncommitted net principal trades including trades that have gone into reverse substitution, and trades that have gone through rolling of settlement or which have beendeclared a failed tradeT+3Time 1.Settlement Committee SLB08:00–10:00 2.Rolling of settlement to revised settlement date10:00–12:00 3.Declaration of Failed trade10:00–12:00 4.

  • The Cooperative publishes quarterly information about its financial results and total outstanding Member capital.

  • Sainsbury Centre’s ‘10 Top Tips for Recovery-Oriented Practice’ emphasise the importance of prioritising the service user’s goals wherever possible and demonstrating a belief that they can be achieved (‘maintaining hope and optimism’).

  • The initial balance of a Member capital account is equal to the amount contributed by such Member and is adjusted to reflect, among other things, distributions to such Member and such Member's share of net profits and losses.

  • Earnings and cash distributions are allocated to Member capital accounts in accordance with their respective ownership percentages.

  • The Borrower declares that the commercial operations the Borrower and Guarantors have to date with other Affiliates and/or Subsidiaries have been carried out at market prices and conditions.

  • Jointly held membership includes joint ownership of the Initial Owner Investment and all associated Member capital.

Related to Member capital

  • Charter Capital means the amount of capital contributed by all Shareholders and mentioned in Article 5 of this Charter.

  • parent financial holding company in a Member State means a financial holding company which is not itself a subsidiary of an institution authorised in the same Member State, or of a financial holding company or mixed financial holding company set up in the same Member State;

  • Unit Capital means the aggregate of the face value of units issued under the scheme and outstanding for the time being.

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

  • Equity Capital means capital invested in common or preferred stock, royalty rights, limited partnership interests, limited liability company interests, or any other security or rights that evidence ownership in a private business.

  • Virginia venture capital account means an investment fund that has been certified by the

  • Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

  • PIPE Investment has the meaning specified in the Recitals hereto.

  • Per capita income means the average for the most recent three years for

  • Member Company means a “service recipient” as defined in Treasury Regulation § 1.409A-1(h)(3).

  • Advisory Group means the environmental flows

  • 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).

  • Financial Member means a person who has paid the required membership fee and is listed on the Register of Members.

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Member bank means a national bank, state bank, or trust company which is a member of the United States federal reserve system.

  • Member means a member of the Board;

  • Manager-managed limited liability company means a limited liability company that is managed by

  • 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.

  • Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • CCMA means the Commission for Conciliation, Mediation and Arbitration established in terms of section 112 of the Labour Relations Act, 1995;

  • Capital investment means an investment in real property, personal property, or both, at a

  • 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).

  • Junior Capital collectively, any Indebtedness of any Parent or the Borrower that (a) is not secured by any asset of the Borrower or any Restricted Subsidiary, (b) is expressly subordinated to the prior payment in full of the Loans on terms consistent with those for senior subordinated high yield debt securities issued by U.S. companies sponsored by either of the Sponsors (as determined in good faith by the Borrower, which determination shall be conclusive), (c) has a final maturity date that is not earlier than, and provides for no scheduled payments of principal prior to, the date that is 91 days after the Initial Term Loan Maturity Date (other than through conversion or exchange of any such Indebtedness for Capital Stock (other than Disqualified Stock) of the Borrower, Capital Stock of any Parent or any other Junior Capital), (d) has no mandatory redemption or prepayment obligations other than (x) obligations that are subject to the prior payment in full in cash of the Loans or (y) pursuant to an escrow or similar arrangement with respect to the proceeds of such Junior Capital and (e) does not require the payment of cash interest until the date that is 91 days following the Initial Term Loan Maturity Date.

  • Joint Venture Investment means, with respect to any Obligor, any Investment by such Obligor in a joint venture or other investment vehicle in the form of a capital investment, loan or other commitment in or to such joint venture or other investment vehicle pursuant to which such Obligor may be required to provide contributions, investments, or financing to such joint venture or other investment vehicle and which Investment the Borrower has designated as a “Joint Venture Investment”.