Net Capital Contributions definition

Net Capital Contributions means, with respect to any Member, its aggregate Capital Contributions less any distributions delineated as return of Capital Contributions.

Net Capital Contributions. Net Capital Contributions" means the aggregate of a Member's Capital Contributions over the aggregate distributions theretofore made to such Member pursuant to Section 5.1.

Net Capital Contributions means the initial capital contributions of cash made by a Joint Venturer to the Joint Venture, increased by: (i) any additional capital contributions by such Joint Venturer; (ii) such Joint Venturer’s distributive share of Joint Venture profits and any items in the nature of income or gain which are specially allocated to such Joint Venturer; and (iii) the amount of any Joint Venture liabilities assumed by such Joint Venturer or which are secured by any Joint Venture property distributed to such Joint Venturer; and reduced by: (a) the amount of cash and the value of any Joint Venture property distributed to such Joint Venturer; (b) such Joint Venturer’s distributive share of Joint Venture losses and any items in the nature of expenses or losses which are specially allocated to such Joint Venturer; and (c) the amount of any liabilities of such Joint Venturer assumed by the Joint Venture or which are secured by any property contributed by such Joint Venturer to the Joint Venture. The foregoing provisions are intended to comply with Treasury Regulation §1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulation.

Examples of Net Capital Contributions in a sentence

• Any distribution made to only one of the Joint Venturers shall reduce the receiving Joint Venturer’s Net Capital Contributions, capital account, and Percentage Interest accordingly.

• Following such distributions to holders of Class B Status Units, both Class A Status Limited Partners and Class B Status Limited Partners are entitled to a return of their Net Capital Contributions.

• New England: Seller offers regulation and frequency response service (automatic generator control), operating reserve service (which includes 10-minute spinning reserve, 10-minute non- spinning reserve, and 30-minute operating reserve service) to purchasers within the markets administered by the ISO New England, Inc.

• A Member shall not receive out of the Company's property any part of such Member's Net Capital Contributions until all liabilities of the Company, except liabilities to Members on account of their Capital Contributions, have been paid or there remains property of the Company sufficient to pay them.

• Upon termination of the Company, any net equity or assets remaining after discharging or otherwise providing for Company liabilities and the actual and documented expenses of the liquidator (in the order of priority as provided by law) shall be divided among the Members first to return any Net Capital Contributions and then in accordance with their relative Percentage Interests during the then current year.

More Definitions of Net Capital Contributions

Net Capital Contributions as to a Shareholder means the aggregate Capital Contribution by such Shareholder reduced by the amounts distributed to such Shareholder as returns of capital.

Net Capital Contributions means, as of any date of determination, the excess of (i) the sum of (a) the net cash proceeds received by Holdings from Star Gas Partners or Star/Petro, Inc. from the acquisition by Star Gas Partners or Star/Petro, Inc. of Capital Stock of Holdings or capital contributions by Star Gas Partners or Star/Petro, Inc. after September 30, 2003 minus any cash payment by Holdings on account of the redemption, retirement, purchase or other acquisition of Capital Stock or cash payments constituting a return of capital contributions (other than such cash payments consisting of Restricted Payments permitted under Section 8.2.6) by Star Gas Partners or Star/Petro, Inc. made since September 30, 2003 and (b) the aggregate principal amount of Affiliated Subordinated Debt outstanding as of the date of determination over (ii) $116,000,000.

Net Capital Contributions means, with respect to a Member as of any given time, an amount equal to:

Net Capital Contributions means the aggregate of Capital Contributions made by the Partners reduced (but not below zero) by the aggregate distributions to such Partners under Section 6.1(a) hereof.

Net Capital Contributions means the Capital Contributions of the Class A Limited Partners, reduced by the Sales Commissions, Dealer-Manager Fee and O&O Expenses Reimbursement allocated to the Limited Partners under Section 4.3(f) (excluding any of these items that are amortizable under Code Section 709).

Net Capital Contributions. An account maintained for each Member equal to (i) the Initial Capital Contribution to the Company made by such Member, plus (ii) the aggregate Additional Capital Contributions to the Company made by such Member, less (iii) the aggregate distributions to such Member pursuant to Section 9.01(b) of this Agreement.

Net Capital Contributions with respect to a Member is an amount equal to the excess of (a) aggregate Capital Contributions of the Member over (b) the aggregate amount of any liabilities of such Member assumed by the Company in connection with the Capital Contributions or which are secured by any property contributed by such Member to the Company.