Priority Capital Contributions definition

Priority Capital Contributions means the amount of cash and the fair market value of any other property (net of liabilities secured by such property, which the Company is considered to assume) contributed by a Member to the capital of the Company under Section 3.5 that is considered a “Priority Capital Contribution” thereunder. Any Priority Capital Contributions of the Members will be set forth on Schedule A.
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Priority Capital Contributions shall have the meaning ascribed in Section 8.04(d).
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Priority Capital Contributions means, with respect to a Partner, the amounts contributed as capital to the Capital Account of such Partner from time to time which constitutes Priority Capital.
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Examples of Priority Capital Contributions in a sentence

  • The Manager is hereby authorized to complete or amend Schedule A to accurately reflect, without limitation, the admission of additional Members, the withdrawal or expulsion of any Member, the change of address of any Member, the Capital Contributions and Priority Capital Contributions of any Member, the Membership Interest or Units of any Member and any other information called for by Schedule A.

  • Each installment of the Management Fee shall be due and payable based on an annual amount equal to two percent (2.0%) of all Capital Contributions and Priority Capital Contributions ever made to the Company.

  • Loans by any Member to the Company shall not be considered Capital Contributions or Priority Capital Contributions and shall not affect the maintenance of such Member’s Capital Account.

  • A Member is not entitled to the return of any part of his, her or its Capital Contributions or Priority Capital Contributions or to be paid interest in respect of either such Member’s Capital Account or Capital Contributions or Priority Capital Contributions.

  • The names, addresses, Capital Contributions, Priority Capital Contributions, Membership Interests and Class A Units and Class B Units of the Members are set forth on Schedule A attached hereto and incorporated herein.

  • The Limited Partners comprising the Great Gulf Group have or shall contribute to the Partnership $1,200,000 as and representing Priority Capital Contributions by such Limited Partners, each in the proportion which their respective Percentage Interests are to the total Percentage Interests of the Limited Partners comprising the Great Gulf Group.

  • Subject to the other provisions of this Article V, Net Distributable Cash, if any, for each Fiscal Year or part thereof (after deducting therefrom, and paying, to the extent of such available funds, any unreturned Priority Capital Contributions and preferred returns thereon) shall initially be apportioned among the Partners in accordance with their respective Percentage Interests and shall be distributed quarterly to the Partners.

  • Funds may not be advanced by or on behalf of a Partner (a "LENDING PARTNER") to the Partnership by way of loan where any of the other Partners have Unrecovered Priority Capital Contributions, unless and until such Lending Partner's Unrecovered Priority Capital Contributions are at least equal to such Lending Partner's Percentage Interest of the total Unrecovered Priority Capital Contributions of the Partners.

  • To the return of all Priority Capital Contributions (including the effect of the 3X multiplier), together with any accrued SHP Preferred Return and Sunrise Preferred Return arising therefrom, if any, pro rata, in proportion to the respective amounts thereof.

  • No Partner has any obligation to make any Capital Contributions (whether as Priority Capital Contributions, Preferred Capital Contributions or otherwise) in addition to those provided for in the foregoing subparagraphs (a) and (b) except as such Partner may, in its sole discretion, agree to in writing and except as may be provided for pursuant to the Other Partnership Agreements.


More Definitions of Priority Capital Contributions

Priority Capital Contributions means additional Capital Contributions made for purposes of funding Project Costs.
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Priority Capital Contributions has the meaning set forth in Section 5.3(b)(iii).
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Related to Priority Capital Contributions

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

  • 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.

  • Initial Capital Contributions has the meaning set forth in Section 3.01.

  • 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.

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

  • 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.

  • 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.

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

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

  • Economic Capital Account Balances has the meaning set forth in Section 5.01(g) hereof.

  • Book Capital Account means, for any Holder at any time, the Book Capital Account of the Holder for such day, determined in accordance with Section 8.1 hereof.

  • 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 Distribution means a payment made, liability incurred or other consideration given for the purchase, acquisition, redemption or retirement of any capital stock or other equity interest of any Company or as a dividend, return of capital or other distribution (other than any stock dividend, stock split or other equity distribution payable only in capital stock or other equity of the Company in question) in respect of any Company's capital stock or other equity interest.

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

  • Economic Capital Account Balance has the meaning provided in Section 5.1(e) hereof.

  • Contribution Indebtedness means Indebtedness, Disqualified Stock or Preferred Stock of an Issuer or any Subsidiary Guarantor in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than Excluded Contributions) made to the capital of such Issuer or such Guarantor after the Issue Date, provided that:

  • Capital Commitment means, for any Borrower, the capital commitment of its Investors in the amount set forth in the applicable Subscription Agreements; “Capital Commitments” means all such Capital Commitments, collectively.

  • Class B Invested Amount means, on any date of determination, an amount equal to (a) the Class B Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Distribution Dates, minus (d) the amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to subsection 4.08(a) (excluding any Reallocated Principal Collections that have resulted in a reduction in the Collateral Invested Amount pursuant to Section 4.08), minus (e) an amount equal to the amount by which the Class B Invested Amount has been reduced on all prior Distribution Dates pursuant to subsection 4.06(a) and plus (f) the amount of Excess Spread and Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to subsection 4.07(e) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Invested Amount may not be reduced below zero.

  • 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 Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Unreturned Capital means, with respect to any Unit, at any time, an amount equal to the excess, if any, of (i) the aggregate amount of Capital Contributions made with respect to such Unit, over (ii) the aggregate amount of Distributions made by the Company with respect to such Unit pursuant to Section 4.01(a)(ii) prior to such time.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

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