Recallable Capital means distributed capital or deemed distributions permitted to be recalled from an Investor pursuant to the Constituent Document of the applicable Fund.

Recallable Capital means, with respect to any Member as of any date, an amount equal to the sum of distributions made or deemed made to such Member pursuant to Article IV that, in the discretion of the Managing Member: (i) are required to satisfy any indemnification, reimbursement, contribution or similar obligation of the Company (including any obligation resulting from applicable law) or any other expense or obligation of the Company, including repayment of indebtedness; (ii) are subject to recall or reimbursement from or recontribution by the Company or (iii) are returned to such Member without having been allocated by the Company to Portfolio Assets.

Examples of Recallable Capital in a sentence

If the student is corrected for the same offense again, they will be suspended for two weeks with an increase of one week each time the behavior occurs.
An additional Recallable Capital Grant of $3.0 million was obtained in 2013/14 to assist in the financing of the Radiology Redevelopment project.
Recallable Capital: Funds may return some capital to LPs under conditions set within the LPA to the extent that it is capable of being recalled during an agreed time period.
Alfred Health obtained a Recallable Capital Grant during 2008/09 financial year from the Department of Health to assist with the financing of the Medical Scanning project.
Note 22 - Contingent Assets and Contingent LiabilitiesAlfred Health had contingent liabilities at 30 June 2010 in respect of: Parent Entity 2010$‘000Parent Entity 2009$‘000Consol’d2010$‘000Consol’d2009$‘000Quantifiable:Other – Recallable Capital Grant (iii) 2,500 3,500 2,500 3,500Total Quantifiable Liabilities2,5003,5002,5003,500 (i) ClaimsA claim for unspecified damages was lodged during the prior year by a former employee.

More Definitions of Recallable Capital

Recallable Capital means any amount distributed to a Limited Partner that may be recalled under an LPA, which has been set forth as “Recallable Capital” on an updated Borrowing Base Certificate provided to the Lender.

Recallable Capital means, for any Investor, its aggregate amount of distributions categorized as a return of such Investor’s Capital Contributions, as determined by the Board of Directors of the Borrower; in each case which amount has been set forth as “Recallable Capital” on a certificate of Borrower delivered to Administrative Agent; provided that the failure of Borrower to deliver such certificate to Administrative Agent will result in the exclusion of such amount from “Recallable Capital”.

Recallable Capital means (i) all or any portion of any Capital Contributions that have been returned to the Members by the Managing Member which is not invested in an Investment or used to pay Company Expenses or Organizational Expenses; or (ii) any capital distributable to the Members in accordance with this Agreement prior to the end of the Capital Call Period.

Recallable Capital means any amount distributed to an Investor that may be recalled under the Fund Documents, and which has been set forth as “Recallable Capital” on an updated Borrowing Base Certificate provided to the Administrative Agent. “Required Lenders” means Lenders (excluding Defaulting Lenders) holding more than 50% of the outstanding Loans (excluding Loans held by Defaulting Lenders) on any date of determination. “REIT” means a real estate investment trust qualified as such under Sections 856 through 860 of the Internal Revenue Code and the regulations promulgated thereunder. “Side Letter” means each executed side letter that amends or supplements an Investor’s Subscription Document or other Operative Document of the Guarantor. “Subscription Document” means each executed subscription agreement (including all attachments) documenting an Investor’s interest in a Guarantor, each Side Letter, and documentation of each Investor transfer, repurchase or redemption. “Tax Distribution Notice” means a written notice setting forth, to the Administrative Agent’s reasonable satisfaction, the calculation of any Permitted REIT Distribution and certifying that such Borrower Party remains a REIT. “Term SOFR” means the 1 month forward-looking term SOFR rate published by CME Group (xxxxx://xxx.xxxxxxxx.xxx) two SIFMA trading days prior to each Interest Rate Reset Period.

Recallable Capital means the portion of the returns that can be recalled in accordance with the fund’s rules.

Recallable Capital means, for any Member, at any time, any amounts returned to such Member pursuant to the Operating Agreement that are actually added back to such Member’s Unfunded Capital Commitment and subject to drawdown as a Capital Contribution pursuant to the Operating Agreement without any condition, limitation, expiration, sunset or termination of any kind, so long as such amounts have been identified as “Recallable Capital” with respect to such Member in a Borrowing Base Certificate delivered or a certificate of signed by a Responsible Officer delivered to Administrative Agent; provided, that the failure of Investment Manager to provide such certified information shall result in the exclusion of such amount from “Recallable Capital” until such information is received or unless Administrative Agent otherwise agree to include such amount.

Recallable Capital means, with respect to any Member as of any date, the sum of distributions made or deemed made to such Member pursuant to Section 5.1 that, in the discretion of the Board of Directors: (i) are required to satisfy any indemnification, reimbursement, contribution or similar obligation of the Company or the Operating Company (including any obligation resulting from applicable law) or any other expense or obligation of the Company or the Operating Company, including repayment of indebtedness; (ii) are subject to recall or reimbursement from or recontribution by the Operating Company; (iii) are Balancing Distributions (other than Additional Amounts); or (iv) are returned to such Member without having been allocated by the Operating Company to Portfolio Assets.