Net Invested Capital. : means the total amount of non-financial assets, net of non-financial liabilities;
Net Invested Capital means Invested Capital multiplied by a fraction: (a) the numerator of which is the dollar amount of all capital commitments to the Partnership other than capital commitments as to which the Partnership will not charge a management fee or carried interest; and (b) the denominator of which is all capital commitments to the Partnership, all as of the last business day of the quarterly period as to which the Management Fee is being calculated.
Net Invested Capital means Capital Contributions reduced by cumulative distributions of Capital Receipts to the Partners pursuant to Sections 4.06(ii) and 4.07A(ii). For purposes of determining the average daily outstanding Net Invested Capital under this Agreement, the Capital Contributions of the Partners shall be deemed to have been made on July 22, 1990.
Examples of Net Invested Capital in a sentence
Net invested capital is not recognised as an accounting measure under Italian GAAP or the IFRS endorsed by the European Union.
Net invested capital is the sum of working capital, non-current assets and non-current liabilities, net of non-current financial liabilities.
Net invested capital is not a recognized measure of financial performance or liquidity under IFRS.
Net invested capital is the sum of net working capital, non-current assets and non-current liabilities, net of non-current financial liabilities.
Net invested capital is the sum of working capital, non-current assets and non-current liabilities, net of medium-/long-term financial liabilities.
More Definitions of Net Invested Capital
Net Invested Capital. Net Invested Capital" means the excess, if any, of (i) the aggregate amount of the Subscribed Capital actually contributed by a Partner to the Partnership over (ii) the aggregate amount distributed to such Partner pursuant to Section 3.01(b)(i) below from time to time.
Net Invested Capital means the presentation (although not necessarily the specific numbers shown) in Annex B.
Net Invested Capital means the sum of the Limited Partner’s Initial Capital Contributions and Additional Capital Contributions (if any) reduced, as and when made, by the amount of distributions to the Limited Partner pursuant to Sections 3.03(a) and 3.03(b)(i) which, pursuant to Section 3.03(c), are treated as a return of the Limited Partner’s Net Invested Capital.
Net Invested Capital means the difference between (A) the aggregate amount of Capital Contributions invested in the Portfolio Assets from the Initial Closing Date plus any reasonable amount reserved by the General Partner in respect of Follow-On Investments (to a maximum of 30% of the Aggregate Capital Commitment or such higher amount approved by the LP Advisory Committee); and (B) the amount of Capital Contributions invested in Portfolio Assets that have been sold or written-down by 50% or moreError! Reference source not found.;
Net Invested Capital means, as of any given day, a Member’s total Capital Contributions (exclusive of additional Capital Contributions made by the Class A Member pursuant to Section 3.2) to date, less all amounts actually distributed to that Member as Capital Proceeds under Sections 4.1D(iv), (v) and (vi) and 4.1E(iii). If the Interest of any Member is transferred in accordance with the terms of this Agreement, the transferee shall succeed to the Net Invested Capital balance of the transferor to the extent the Net Invested Capital balance relates to the Interest transferred.
Net Invested Capital means, with respect to a particular Member and a particular Portfolio Investment, the total capital contributions made (or deemed made) to the Company by such Interested Member to fund the acquisition of such Portfolio Investment (including any Direct Expenses relating thereto), less all distributions from or in respect of such Portfolio Investment that are in the nature of a return of capital. "Percentage Interest" of a Member, with respect to each Portfolio Investment initially purchased by the Company or Xxxxx Ventures SBIC LLC with capital contributed by such Member, means the percentage interest of that Member in Portfolio Investment Profits and Portfolio Investment Losses, and cash distributions relating thereto, as determined by the Member's relative share of the capital contributed by all Members in respect of that Portfolio Investment. The Percentage Interest of each of the Class A Member and Class B Member in each Portfolio Investment shall be as follows: * Class A Member: the result of (i) sum of (A) the capital contributed to the Company by the Class A Member in order to make such Portfolio Investment, plus (B) the capital contributed (or deemed contributed in the case of undistributed cash) to the Company by the Class A Member to pay Direct Expenses, divided by (ii) Total Invested Capital. * Class B Member: the result of (i) the total contribution by the Class B Member in the Annual Investment Window in the calendar year in which the Portfolio Investment was first made, divided by the number of investments made in that year, all divided by (ii) Total Invested Capital. "Permitted Transferee" is a transferee of a Membership Interest in the Company or an interest or other sharing in any Portfolio Investment pursuant to a Transfer of an Interest in the Company made in accordance with this Agreement.