Outstanding Leverage definition

Outstanding Leverage means the total amount of outstanding securities (including, but not limited to, Debentures) issued by the Partnership, which qualify as Leverage and have not been redeemed or repaid as provided in the SBIC Act.
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Outstanding Leverage means the total amount of outstanding securities (including, but not limited to, Debentures) issued by the Partnership that qualify as Leverage and have not been redeemed or repaid as provided in the SBIC Act.
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Outstanding Leverage means the total amount of outstanding securities (including, but not limited to, Debentures) issued by the Partnership, which qualify as Leverage and have not been redeemed or repaid as provided in the SBIC Act. “Partner Nonrecourse Debt” shall have the meaning provided in Treasury Regulations Section 1.704-2. “Partner Nonrecourse Debt Minimum Gain” shall have the meaning provided in, and shall be determined in accordance with, Treasury Regulations Section 1.704-2. “Partner Nonrecourse Deductions” shall have the meaning provided in, and shall be determined in accordance with, Treasury Regulations Section 1.704-2. “Partners” means the General Partner and the Limited Partners. “Partnership” means the limited partnership established by this Agreement. “Partnership Minimum Gain” shall have the meaning provided in, and shall be determined in accordance with, Treasury Regulations Section 1.704-2. “Partnership Percentage” in respect of any Partner means that the percentage of the total ownership interest in the Partnership held by such Partner based upon its Capital Contributions, as set forth on Exhibit A as revised from time to time. “___percent (___%) in Interest of the Limited Partners” means Limited Partners whose Partnership Percentage represents such percentage of the Partnership Percentages of all Limited Partners as of the time of determination. “Portfolio Companies” means the issuers of Assets acquired by the Partnership, other than issuers of certificates of deposits, shares or other participations in mutual funds or similar money market type instruments, direct obligations of or obligations guaranteed as to principal and interest by the United States and repurchase agreements with federally insured institutions
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Examples of Outstanding Leverage in a sentence

  • These requirements will not be in effect if the Partnership is not licensed as an SBIC and does not have any Outstanding Leverage.

  • The requirements of the prior consent or approval of, and notice to, SBA in this Agreement will be in effect at any time that the Partnership is licensed as an SBIC or has Outstanding Leverage.

  • The Partnership will indemnify and hold harmless, but only to the extent of Assets Under Management (less any Outstanding Leverage and any debt of the Partnership permitted under 13 CFR §107.560), any Covered Party, from any and all Indemnifiable Costs which may be incurred by or asserted against such person or entity, subject to the terms of this Section 3.10.

  • The General Partner will not: be obligated to restore by way of Capital Contribution or otherwise any deficits in the respective Capital Accounts of the Limited Partners should such deficits occur; or have any greater obligation with respect to any Outstanding Leverage than is required by the SBIC Act or by SBA.

  • The LLC shall be dissolved on the later to occur of the date of dissolution set forth in the Agreement or two years after all Outstanding Leverage shall have matured.

  • Dissolution.50 subject to Section 8.4 of this Agreement, an event of withdrawal (as defined in Section [cite section of state RULPA] of the Act)51 of the General Partner; two years after all Outstanding Leverage has matured; or52 the determination of the Partners to dissolve and terminate the Partnership as provided in Section 8.1(c).

  • Dissolution.46 subject to Section 8.4 of this Agreement, an event of withdrawal (as defined in Section [cite section of state RULPA] of the Act)47 of the General Partner; two years after all Outstanding Leverage has matured; or48 the determination of the Partners to dissolve and terminate the Partnership as provided in Section 8.1(c).

  • The General Partner will not: be obligated to restore by way of capital contribution or otherwise any deficits in the respective Capital Accounts of the Limited Partners should such deficits occur, or have any greater obligation with respect to any Outstanding Leverage than is required by the SBIC Act or by SBA.

  • The General Partner will not: (i) be obligated to restore by way of Capital Contribution or otherwise any deficits in the respective Capital Accounts of the Partners should such deficits occur, or (ii) have any greater obligation with respect to any Outstanding Leverage than is required by the SBIC Act or by SBA.

  • The General Partner will not: be obligated to restore by way of capital contribution or otherwise any deficits in the respective Capital Accounts of the Private Limited Partners should such deficits occur, or have any greater obligation with respect to any Outstanding Leverage than is required by the SBIC Act or by SBA.

Related to Outstanding Leverage

  • Total Outstanding Indebtedness means the sum, without duplication, of (1) Consolidated Outstanding Indebtedness, (2) TRG's Share of UJV Combined Outstanding Indebtedness and (3) Contingent Liabilities.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Consolidated Outstanding Indebtedness means, as of any date of determination, without duplication, the sum of (a) all Indebtedness of the Consolidated Group outstanding at such date, determined on a consolidated basis in accordance with GAAP (whether recourse or non-recourse), plus, without duplication, (b) the applicable Consolidated Group Pro Rata Share of any Indebtedness of each Investment Affiliate other than Indebtedness of such Investment Affiliate to a member of the Consolidated Group.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.