Net Capital Appreciation definition

Net Capital Appreciation means, with respect to any Accounting Period, the excess, if any, of the Ending Value over the Beginning Value and, with respect to any Fiscal Year of the Partnership or other period used to determine the Incentive Allocation, means the aggregate Net Capital Appreciation for such period, less the aggregate Net Capital Depreciation for such period.

Net Capital Appreciation means, with respect to any Accounting Period, the excess, if any, of the Ending Value over the Beginning Value.

Net Capital Appreciation with respect to any Series means the excess of the Net Assets of such Series on the last day of a Fiscal Period over the Net Assets of such Series on the first day of the same Fiscal Period, after subtracting any capital contributions by Members during the Fiscal Period with respect to such Series and adding any distributions to or withdrawals by Members during the Fiscal Period with respect to such Series.

Examples of Net Capital Appreciation in a sentence

• For purposes of determining allocations, including calculating the Incentive Allocation and the balance in a Capital Account's Loss Recovery Account, any Investor-Related Taxes related to a Limited Partner shall be deemed distributed from the Capital Account(s) of such Limited Partner to such Limited Partner and shall not be deemed to be expenses that reduce Net Capital Appreciation, increase Net Capital Depreciation or increase the balance of the Loss Recovery Account.

• For the purpose of calculating the Performance Allocation, Net Capital Appreciation shall reflect a reduction for all Management Fees paid by the Limited Partner with respect to the fiscal year or other measurement period.

• If any of the considerations or reasons described above apply, then the General Partner may establish a separate Memorandum Account in which only the Partners having an interest in such digital asset, type of digital asset or transaction have an interest (any such Partner having such an interest, an "Unrestricted Partner") and the Net Capital Appreciation and Net Capital Depreciation for each such Memorandum Account shall be separately calculated.

• Once the Deficit Account for a particular Limited Partner equals zero, such Deficit Account shall no longer exist and, in the fiscal year the balance reaches zero, the amount of any Net Capital Appreciation for such Limited Partner in excess of the amount contained in such Deficit Account at the beginning of the fiscal year shall be subject to Section 3.5(a).

• In each succeeding fiscal year, if there is Net Capital Appreciation for such Limited Partner for such fiscal year, the amount thereof shall be subtracted from the balance of the Deficit Account until the Deficit Account balance equals zero.

More Definitions of Net Capital Appreciation

Net Capital Appreciation means any increase in the value of the Fund's Net Assets, including unrealized gains, from the beginning of each Allocation Period to the end of such Allocation Period (before giving effect to repurchases of Interests and Management Fees, but after giving effect to expenses other than Management Fees), and with respect to any calendar year or other period used to determine the Incentive Allocation, refers to any aggregate Net Capital Appreciation for such period in excess of the aggregate Net Capital Depreciation for such period.

Net Capital Appreciation or “Net Capital Depreciation” shall mean, with regard to any Accounting Period, the difference between the Net Asset Value of the Partnership at the beginning of the Accounting Period (after giving effect to withdrawals for the preceding Accounting Period and capital contributions for the current Accounting Period) and the Net Asset Value of the Partnership at the close of the same Accounting Period (before giving effect to withdrawals for such Accounting Period). Any increase in the Net Asset Value shall be deemed Net Capital Appreciation and any decrease in Net Asset Value shall be deemed Net Capital Depreciation.

Net Capital Appreciation means the increase in the value of the Fund's net assets, including unrealized gains, from the beginning of each Accounting Period to the end of the Accounting Period.

Net Capital Appreciation or “Net Capital Depreciation” shall mean, with regard to any Accounting Period, the difference between the Net Asset Value of the BDC at the beginning of the Accounting Period (after giving effect to withdrawals for the preceding Accounting Period and capital contributions for the current Accounting Period) and the Net Asset Value of the BDC at the close of the same Accounting Period (before giving effect to withdrawals for such Accounting Period). Any increase in the Net Asset Value shall be deemed Net Capital Appreciation and any decrease in Net Asset Value shall be deemed Net Capital Depreciation. For purposes of determining Net Capital Appreciation or Net Capital Depreciation for an Accounting Period ending on the date a Side Pocket Investment Account was created, the ending Net Asset Value of the BDC for such Accounting Period shall be determined prior to deducting the Original Value of the applicable Side Pocket Investment to which such Side Pocket Investment Account is related so that any Net Capital Appreciation or Net Capital Depreciation for such Accounting Period is not in any way attributable to (or increased or decreased by) any Side Pocket Investments.

Net Capital Appreciation means, with respect to any Member, the excess, if any, of the aggregate amount credited to such Member's Capital Account under clause (ii) of paragraph (c) of Section 5.3 hereof over the aggregate amount debited to such Member's Capital Account under clause (ii) of paragraph (d) of Section 5.3 hereof.

Net Capital Appreciation means the excess of the Net Assets of the Company on the last day of a Fiscal Period over the Net Assets of the Company on the first day of the same Fiscal Period, after subtracting any capital contributions by Members during the Fiscal Period and adding any distributions to or withdrawals by Members during the Fiscal Period.

Net Capital Appreciation means the increase in the value of the Partnership’s Net Asset Value, including unrealized gains, from the beginning of each Accounting Period to the end of such Accounting Period (before giving effect to withdrawals).