Net Contributed Capital means (i) the aggregate amount of capital contributions that have been made by all Common Unitholders in respect of their Common Units to the Company, less (ii) the aggregate amount of distributions categorized as Returned Capital made by the Company to all Common Unitholders in respect of their Common Units. For the avoidance of doubt, Net Contributed Capital shall not take into account distributions of the Company’s investment income (i.e. proceeds received in respect of interest payments, dividends or fees) to the Common Unitholders. Net Contributed Capital with respect to a Common Unitholder shall be calculated on the basis of such Common Unitholder’s capital contributions and distributions made to such Common Unitholder categorized as Returned Capital.
Net Contributed Capital means, on any date of determination, “Invested Capital” of FS CREIT as such term is defined in the Charter.
Net Contributed Capital means (i) the aggregate amount of capital contributions that have been made by an Investor in respect of its Shares, less (ii) the aggregate amount of distributions categorized as Returned Capital (as defined below) made by the Fund to such Investors in respect of its Shares. For the avoidance of doubt, Net 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 Investors. Net Contributed Capital with respect to an Investor shall be calculated on the basis of such Investor’s capital contributions and distributions made to such Investor categorized as Returned Capital. (C) “Returned Capital” shall mean any distribution, or any portion of distributions, made by the Fund to an investor during the Investment Period which is designated as such (regardless of tax character) and represents (A) proceeds realized from the sale or repayment of any investment (as opposed to investment income) during the Investment Period (but not in excess of the cost of any such investment) or (B) a return of such investor’s capital contributions to the Company. (D) “Organizational Cost Allocation” means, with respect to an Investor, the product obtained by multiplying (x) a fraction, the numerator of which is such Investor’s Capital Commitment and the denominator of which is the total Capital Commitments received by the Fund to date by (y) the lesser of (a) a dollar amount equal to one million dollars ($1,000,000) and (b) the total amount of organizational expenses and offering costs incurred by the Fund in connection with its organization and offering. d.
Examples of Net Contributed Capital in a sentence
Within twenty (20) days after the close of each Accounting Period, Owner will provide Management Company an accounting showing Owner's Priority Return, the balance of any principal and interest of Debt Service Guarantee Advances, and Net Contributed Capital.
Homelessness Prevention and Rapid Re-housing activities funded will be determined from project solicitations received from a Request for Proposal process to be announced later this spring.
More Definitions of Net Contributed Capital
Net Contributed Capital means, with respect to a Subscriber, (i) the aggregate amount of funding of Commitments that has been made by such Subscriber in respect of purchases of Shares less (ii) the aggregate amount of distributions categorized as a return of such Subscriber’s capital contributions, as determined by the Board, made by the Company to such Subscriber in respect of its Shares. For the avoidance of doubt, Net Contributed Capital shall not take into account distributions of a Company’s investment income (i.e., proceeds received in respect of interest payments, dividends or fees) to the Subscribers and, with respect to the Initial Members, shall not take into account any capital contributions made prior to the Initial Drawdown Date to purchase membership interests of such Company.
Net Contributed Capital means, with respect to an investor, (i) the aggregate amount of funding of capital commitments that has been made by such investor in respect of purchases of Shares less (ii) the aggregate amount of distributions categorized as Returned Capital (as defined in the Memorandum) made by the Company to such stockholder in respect of such stockholder’s Shares. For the avoidance of doubt, Net Contributed Capital shall not take into account distributions of the Company’s investment income (i.e. proceeds received in respect of interest payments, dividends or fees) to the stockholders. “Net Contributed Capital Percentage” means, with respect to an investor, the percentage determined by dividing such investor’s Net Contributed Capital by such investor’s Commitment.
Net Contributed Capital means, as of any date of determination, without duplication (a) the consolidated contributed cash equity of the Borrower and its Subsidiaries (which shall be deemed to include, for the avoidance of doubt, cash payments made by Magnum or its applicable Affiliate prior to the Closing Date in connection with the Processing Plant Agreements or the Pipeline System), (b) any franchise tax payments made to the State of West Virginia by the Borrower from cash on hand in an amount not to exceed (i) $250,000 in any Fiscal Year through Fiscal Year 2014 or (ii) $0 in Fiscal Year 2015 and thereafter, and (c) consolidated book value of assets contributed to the Borrower and its Subsidiaries as described in clause (i) of Schedule 7.4(l) in an amount not to exceed $2,500,000 minus any cash distributions or withdrawals on account of their respective Equity Interests.
Net Contributed Capital means (x) the aggregate amount of capital contributions that have been made by all Investors pursuant to Sections 1(b) and 2(c)(i), less (y) the aggregate amount of distributions categorized as Returned Capital (as defined in Section 5(c)) made by the Company to all Investors in respect of their Shares. For the avoidance of doubt, Net Contributed Capital shall not take into account distributions of the Company’s investment income (i.e., proceeds
Net Contributed Capital means (i) the aggregate amount of capital contributions that have been made to the Company by all stockholders less (ii) the aggregate amount of distributions categorized as a return of capital made by the Company to all stockholders. Net Contributed Capital does not take into account distributions of the Company's investment income (i.e., proceeds received in respect of interest payments, dividends or fees) to the stockholders. Net Contributed Capital with respect to an individual stockholder will be calculated on the basis of such stockholder's capital contributions and return of capital distributions made to such stockholder.
Net Contributed Capital means equity capital contributed to Borrower, less all costs and expenses incurred by Borrower in seeking and/or obtaining such capital.
Net Contributed Capital means, with respect to an Investor holding Initial Capital Commitments, the aggregate amount of capital contributions from such Investor’s Initial Capital Commitments that have been funded by such Investor to purchase Shares. For the avoidance of doubt, Net 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 or the reinvestment of distributions in Shares pursuant to our dividend reinvestment plan.