Examples of Recapitalization Date in a sentence
In addition, the blended participation percentages in 2019 take into account the difference in methodology described above for the period prior to the Recapitalization Date compared to the period following the Recapitalization Date.
For example, Sculptor Capital Advisors LP had net income in the period prior to the Recapitalization Date, and as a result, allocates a portion of its net income for the nine months ended September 30, 2019 to the Group A Units.
On or prior to November 1, 2016, each existing Investor in the Master Fund prior to the Recapitalization Date is required to provide to the Investment Manager a written direction (in such form as provided by the Investment Manager) (each such written direction, a “Master Election Notice”) with respect to 100% of its Booked-Up Capital Contribution in the Master Fund.
For purposes of the Master Priority of Distributions, the date of Capital Contributions for (a) Capital Contributions made by Investors on or prior to the Recapitalization Date shall be the Recapitalization Date and (b) for Capital Contributions made after the Recapitalization Date shall be the date the Fund receives such Capital Contributions from such Investors.
By the Recapitalization Date (defined herein), the Property is expected to be valued at approximately $185,000,000 based on an appraised value that was issued by a third party appraisal firm.