Permitted Capital Contributions definition

Permitted Capital Contributions means (i) contributions to the equity of the Borrower without a corresponding issue of shares or contributions for newly issued shares in the Borrower in accordance with the requirements applicable to Base Equity Contributions under the Equity Support Deed (provided, however, for the avoidance of doubt, in no event shall such Permitted Capital Contributions constitute Equity Contributions made in satisfaction of the obligations under the Equity Support Deed, other than those made in accordance with the proviso in Section 5.18(a)) and (ii) Subordinated Loans.
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Permitted Capital Contributions means (i) purchases of Equity Interests in either Borrower by the Sponsor or Alperton and (ii) Subordinated Loans.
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Permitted Capital Contributions. Capital contributions by the Borrower to any Guarantor Subsidiaries with proceeds that are available to the Borrower for either paying expenses or making distributions, which are used by such Guarantor Subsidiaries to pay any expenses or liabilities of such Guarantor Subsidiaries.
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Examples of Permitted Capital Contributions in a sentence

  • Withdrawal Not Permitted Capital Contributions shall be made by Series Members in full on admission to a Series.

  • On the Closing Date, Lender shall establish an Account (the “PCC Reserve Subaccount”) within the Cash Management Account to hold Permitted Capital Contributions.

  • The Borrower will use the proceeds of the Advances only (i) for the Closing Date Capital Contributions, (ii) to acquire Loans, (iii) to make distributions to its member in accordance with the terms hereof, (iv) to pay related expenses (including expenses payable hereunder) or (v) for Permitted Capital Contributions to the Guarantor Subsidiaries for the payment of such expenses.

  • After the Closing Date, on not less than three (3) Business Days’ prior written notice to Xxxxxx, Borrower may deposit Permitted Capital Contributions into the PCC Reserve Subaccount.


More Definitions of Permitted Capital Contributions

Permitted Capital Contributions means capital contributions by the Company to any of SLP I or SLP II with proceeds that are available to the Company for either paying expenses or making distributions in accordance with the Loan and Security Agreement, which are used by SLP I or SLP II (as applicable) to pay any expenses or liabilities of such entity.
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Permitted Capital Contributions means cash capital contributions made by the Borrower's shareholders to the Borrower, which contributions fully cure any defaults under Sections 8.01(r) and (s), not to exceed four consecutive quarterly such contributions or eight such contributions in the aggregate.
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Permitted Capital Contributions means capital contributions actually made by Sponsor and credited to the PCC Reserve Subaccount of Borrower pursuant to Section 6.11.1; provided, that, in order to be included in any calendar quarter for purposes of determining the Component D DSCR, the Component E1 DSCR or the Component E2 DSCR as of the Calculation Date 18 BUSINESS.30586915.9 upon which such calendar quarter ends, the deposit of such Permitted Capital Contribution must be made in accordance with Section 6.11.1 on or before such Calculation Date.
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Permitted Capital Contributions means capital contributions actually made by Sponsor and credited to the PCC Reserve Subaccount of Borrower pursuant to Section 6.11.1; provided, that, in order to be included in any calendar quarter for purposes of determining the Component D DSCR, the Component E1 DSCR or the Component E2 DSCR as of the Calculation Date 18BUSINESS.30586915.9 upon which such calendar quarter ends, the deposit of such Permitted Capital Contribution must be made in accordance with Section6.11.1 on or before such Calculation Date. “Permitted Investments” means:
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Permitted Capital Contributions means capital contributions actually made by Sponsor and credited to the PCC Reserve Subaccount of Borrower pursuant to Section 6.11.1; provided, that, in order to be included in any calendar quarter for purposes of determining the Component D DSCR, the Component E1 DSCR or the Component E2 DSCR as of the Calculation Date upon which such calendar quarter ends, the deposit of such Permitted Capital Contribution must be made in accordance with Section 6.11.1 on or before the date that Xxxxxxxx delivers the quarterly financial statements of Borrower related to such Calculation Date to Lender in accordance with Section 4.3.1(a). “Permitted Investments” means: (a) obligations of, or obligations fully guaranteed as to payment of principal and interest by, the United States or any agency or instrumentality thereof provided such obligations are backed by the full faith and credit of the United States including, without limitation, obligations of: the U.S. Treasury (all direct or fully guaranteed obligations), the Farmers Home Administration (certificates of beneficial ownership), the General Services Administration (participation certificates), the U.S. Maritime Administration (guaranteed Title XI financing), the Small Business Administration (guaranteed participation certificates and guaranteed pool certificates), the U.S. Department of Housing and Urban Development (local authority bonds) and the Washington Metropolitan Area Transit Authority (guaranteed transit bonds); provided, however, that the investments described in this clause must (i) have a predetermined fixed dollar of principal due at maturity that cannot vary or change, (ii) if rated by S&P, must not have an “r” highlighter affixed to their rating, (iii) if such investments have a variable rate of interest, such interest rate must be tied to a single interest rate index plus a fixed spread (if any) and must move proportionately with that index, and (iv) such investments must not be subject to liquidation prior to their maturity; (b) federal funds, unsecured certificates of deposit, time deposits, bankers’ acceptances and repurchase agreements with maturities of not more than 365 days of any bank, (A) in the case of such investments with maturities of thirty (30) days or less, the short term obligations of which are rated in the highest short term rating category by each Rating Agency (or, if not rated by all Rating Agencies, rated by Moody’s or Fitch in the highest short term rating category) and the...
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Related to Permitted Capital Contributions

  • Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital.

  • Additional Capital Contributions shall have the meaning set forth in Section 5.3.

  • Initial Capital Contributions has the meaning set forth in Section 5.1.

  • Capital Contributions means, with respect to any Member, the amount of money (US Dollars) and the initial Gross Asset Value of any assets or property (other than money) contributed by the Member (or such Member’s predecessor in interest) to the Company (net of liabilities secured by such contributed property that the Company is considered to assume or take subject to under Code Section 752) with respect to the Units in the Company held or purchased by such Member, including additional Capital Contributions.

  • Additional Capital Contribution has the meaning set forth in Section 3.02.

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • Contributed Capital means, with respect to a Common Unitholder holding Capital Commitments, the aggregate amount of capital contributions from such Common Unitholder’s Capital Commitments that have been funded by such Common Unitholder to purchase Units. For the avoidance of doubt, 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. Following the Investment Period, the Adviser may issue Drawdown Notices, and Common Unitholders will be required to make Drawdown Purchases, for the purposes described in Section 4.1(b).

  • Non-Financed Capital Expenditures means, for any period, Capital Expenditures during such period other than Capital Expenditures funded with the proceeds of Indebtedness (excluding ABL Revolving Loans).

  • Additional contributions means contributions made by a member of a defined benefit plan to

  • Contribution Indebtedness means Indebtedness or Disqualified Stock of the Company or any Restricted Subsidiary in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than the proceeds from the issuance of Disqualified Stock or any cash contribution by an Issuer or a Restricted Subsidiary) made to the capital of the Company or a Restricted Subsidiary after the Issue Date (whether through the issuance of Capital Stock or otherwise); provided that such Contribution Indebtedness is incurred within 180 days after the making of the related cash contribution.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1.

  • Unreturned Capital means, with respect to a Preferred Unit or a ------------------ Class L Common Unit, the excess, if any, of the Capital Contribution made or deemed made in exchange for or on account of such Unit over all Distributions made by the Partnership that constitute a return of the Capital Contribution therefor pursuant to Section 4.1(a)(ii) or 4.1(a)(iv).

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Capital Contribution means any cash, cash equivalents or the Net Agreed Value of Contributed Property that a Partner contributes to the Partnership.

  • Average Invested Capital of the Company shall mean the average of the aggregate historical cost of the consolidated assets of the Company and its subsidiaries, excluding the Transferred Assets, invested, directly or indirectly, in real estate or ownership interests in, and loans secured by, real estate and personal property owned in connection with such real estate (collectively, “Properties”) (including acquisition related costs and costs which may be allocated to intangibles or are unallocated), before reserves for depreciation, amortization, impairment charges or bad debts or other similar noncash reserves, computed by taking the average of such values at the beginning and end of the period for which Average Invested Capital is calculated.

  • Unfunded Capital Expenditures means capital expenditures made from the Borrower’s funds other than funds borrowed as term debt to finance such capital expenditures.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.