Preferred Capital Amount definition

Preferred Capital Amount means the Initial Preferred Capital Amount less all distributions made to the Preferred Shareholder in redemption of the Class B Preferred Shares pursuant hereto, plus any additional contributions of capital made by the Preferred Shareholder.
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Preferred Capital Amount means the Capital Contribution made by each holder of a Preferred Membership Interest.
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Preferred Capital Amount has the meaning set forth in Section 4.2(b)(i).
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Examples of Preferred Capital Amount in a sentence

  • Exhibit A presents the financial status of the Project and includes: 1) the accumulated Project Costs; 2) the accumulated Project Revenue; 3) the Excess Funds; 4) the accrued interest on the Excess Funds; 5) the Preferred Capital Amount; and 6) the accumulated Preferred Return on the Preferred Capital Amount.

  • If the MT Trust is formed as contemplated by this Article IV, then concurrently with the filing of the MT Declaration of Trust, the Trust shall amend the Declaration of Trust to revise the definition of "Class B Preferred Capital Amount" to be the same as the definition of "Class B Preferred Capital Amount" in the MT Declaration of Trust, and any necessary conforming revisions shall be made to the provisions of the Declaration of Trust affected by such revision, including, if applicable, Appendix A.

  • Second, after the required amount of Distributions have been made in full pursuant to clause (i), above, 100 percent to the Preferred Holders, ratably among such holders in proportion to the then aggregate Unreturned Preferred Capital Amount with respect to the Preferred Shares then held by each such holder, until the Unreturned Preferred Capital Amount in respect of all outstanding Preferred Shares is equal to zero.

  • The amount of NACC Loan Interest to be paid for each quarter shall be paid only out of Distributable Cash and shall be calculated for such quarter as a percentage of the weighted average NACC Loan Principal outstanding during such quarter, which percentage shall be the equivalent of a fraction, the numerator of which is the amount of Preferred Return paid to XXX for such quarter and the denominator of which is the weighted average of PAT's Preferred Capital Amount outstanding during such quarter.

  • No Distribution or any portion thereof shall be made under clause (iii) of this Section 2(b) until the Unreturned Preferred Capital Amount with respect to all of the outstanding Preferred Shares has been paid in full.

  • Subject to the priorities and restrictions set forth in Section 4.6, upon the occurrence of a Liquidation Event, the holders of the Preferred Interests shall be entitled to be paid an amount equal to the sum of (i) $1.00 per Preferred Interest (the "Preferred Capital Amount"), and (ii) the Preferred Dividend Amount accrued through the date of such Liquidation Event.

  • The Preferred Return required in Paragraph 6 of the Initial Agreement, shall be computed upon the Farm Acquisition Costs ($1,300,000) and up to an additional Five Hundred Thousand dollars ($500,000) deposited into the Development Account which amount is agreed by the parties to be in the amount of $1,800,000 and is the total subject to the preferred return.(hereinafter referred to as the "Preferred Capital Amount").

  • In other words, NACC Loan Interest paid shall be the same percentage of the weighted average NACC Loan Principal outstanding as the percentage of the weighted average of PAT's Preferred Capital Amount outstanding that is represented by the Preferred Return paid to XXX.

  • The Preferred Return shall be calculated annually on the average annual balance of the Preferred Capital Amount on December 31 of each year.


More Definitions of Preferred Capital Amount

Preferred Capital Amount means that portion of ARCO Member's Original Capital Contribution equal to $2,399,000, for which capital ARCO Member is entitled to a preferential distribution in accordance with this Agreement. This Preferred Capital Amount will be reduced by any payments with respect to the Preferred Capital Amount in excess of accrued Preferred Return.
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Preferred Capital Amount means, for any Preferred Interest, the amount paid for such Preferred Interest.
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Preferred Capital Amount means, for any Preferred Membership Interest, $1,000.00. “Preferred Holders” means the holders of the Preferred Membership Interests. “Preferred Membership Interest” means a Membership Interest having the rights and obligations specified with respect to Preferred Membership Interests in this Agreement.
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Preferred Capital Amount means with respect to Members, the Initial Capital Contribution of a Member, plus any Additional Contributions made by a Member, less all distributions made to the Member as a return of Capital Contribution as described in Section 4.4(c). --------------
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Preferred Capital Amount means, with respect to each Member, the Capital Contributions of the Member less all distributions made to the Member pursuant to Section 3.7(c) and Sections 3.8(d), (f) and (g), plus any Additional Capital Contributions made by the Member.
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Preferred Capital Amount means, for any Preferred Membership Interest, $1,000.00.
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Related to Preferred Capital Amount

  • Unreturned Capital Contributions means, as to each Member, the aggregate Capital Contributions made to the Company by such Member minus the aggregate distributions of such Capital Contributions made to such Member from the Company pursuant to Sections 3.2(b) and 6.2(a)(ii) hereof.

  • Acquisition Amount means, for an Acquired Receivable for which the Acquisition Amount is to be included in Available Funds for a Payment Date, the excess of (i) the present value of the Principal Balance of the Receivable as of the last day of the Collection Period immediately preceding the related Collection Period (calculated using the Discount Rate on the basis of a 360-day year of twelve 30-day months and assuming each amount is received at the end of the Collection Period in which the amount is scheduled to be received) over (ii) all cash collections and any other cash proceeds received by the Issuer on the related Receivable from (but excluding) the last day of the Collection Period immediately preceding the related Collection Period to the day on which such Receivable becomes an Acquired Receivable.

  • Adjusted Capital and Reserves means the aggregate of:

  • Adjusted Capital Account means the Capital Account maintained for each Partner as of the end of each Fiscal Year (i) increased by any amounts which such Partner is obligated to restore pursuant to any provision of this Agreement or is deemed to be obligated to restore pursuant to the penultimate sentences of Regulations Sections 1.704-2(g)(1) and 1.704-2(i)(5) and (ii) decreased by the items described in Regulations Sections 1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5) and 1.704-1(b)(2)(ii)(d)(6). The foregoing definition of Adjusted Capital Account is intended to comply with the provisions of Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.