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 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.
Then, both Class A Status Limited Partners and Class B Status Limited Partners are entitled to an amount equal to their Net Capital Contributions.
Thereafter, both Class A Status Limited Partners and Class B Status Limited Partners are entitled to an amount equal to their Net Capital Contributions.
Then, Class A Status Limited Partners are entitled to a 10% cumulative (noncompounded) return on their Net Capital Contributions (as opposed to the 15% cumulative return on Net Capital Contributions payable to Class B Status Limited Partners).
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. As to any Partner on any day, the ------------------------- Partner's Capital Contributions adjusted as follows:
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 means the Initial Capital Contributions and any Additional Capital Contributions, if any, made by a Class A or Class B Unit holder to the Company, as reduced by the amount of any distributions made by the Company to such Member from Net Distributable Cash from Operations or Net Cash Proceeds or from refinance or dissolution.
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).