Remaining Capital Commitment definition

Remaining Capital Commitment means, with respect to a Common Unitholder, the amount of such Common Unitholder’s Capital Commitment as of any date reduced by the aggregate amount of contributions made by that Common Unitholder at all previous Drawdown Dates and any Catch-Up Dates.

Remaining Capital Commitment shall have the meaning set forth in Section 5.2.

Remaining Capital Commitment means, in respect of any Partner, the amount of such Partner's Capital Commitment, determined at any date, which has not been contributed as a Capital Contribution, as adjusted as contemplated hereby.

Examples of Remaining Capital Commitment in a sentence

• On each Drawdown Date (as defined below), each Common Unitholder agrees to purchase from the Fund, and the Fund agrees to issue to the Common Unitholder, a number of Common Units equal to the Drawdown Unit Amount (as defined below) at an aggregate price equal to the Drawdown Purchase Price (as defined below); provided, however, that in no circumstance will a Common Unitholder be required to purchase Units for an amount in excess of its Remaining Capital Commitment (as defined below).

• Any amounts so reinvested will not reduce a Common Unitholder’s Remaining Capital Commitment.

• Except as may otherwise be provided by the Delaware Act or as expressly provided for herein, the liability of each Member is limited to its Capital Commitment, and no Member shall be obligated to make a Capital Contribution at any time exceeding its then Remaining Capital Commitment.

• For the avoidance of doubt, nothing in this Section 5.2(b) shall require a Member to contribute any amount in excess of its Remaining Capital Commitment.

• In the event that any Limited Exclusion Right is exercised, the Fund shall be authorized to issue an additional Drawdown Notice to the non-Excluded Investors to make up any applicable shortfall caused by such Limited Exclusion Right up to the amount of its Remaining Capital Commitment.

More Definitions of Remaining Capital Commitment

Remaining Capital Commitment. For any Partner, the excess of (A) such Partner's Capital Commitment over (B) the aggregate amount of such Partner's Capital Contributions, as adjusted pursuant to Section 9.2.

Remaining Capital Commitment means for any Member at any particular time the difference between the Capital Commitment for such Member and the Capital Contributions for such Member up to such time.

Remaining Capital Commitment means, with respect to each Partner, such Partner’s Capital Commitment less such Partner’s Capital Contributions made pursuant to Section 2.1(a) (but, for the avoidance of doubt, no reduction shall be made for Capital Contributions made pursuant to Section 2.2(b)).

Remaining Capital Commitment. Means as to any Member on any date, an amount equal to the positive excess, if any, of (a) such Member’s Capital Commitment, over (b) the aggregate amount of all Capital Contributions made by such Member to the Company in accordance with the provisions of Section 3.01.

Remaining Capital Commitment means with respect to Seller and each Partnership, the amount of Seller’s Capital Commitment to such Partnership that has not been contributed by Seller to such Partnership as of the Cut Off Date.

Remaining Capital Commitment means the aggregate of (a) the “Unfunded Commitment” in the Partnership Agreement or Subscription Agreement of the Initial Borrower and the Initial Feeder Funds, as applicable, as in effect on the Closing Date (or in the case of a Qualified Borrower or additional Feeder Fund, in the Organizational Documents of such Qualified Borrower or additional Feeder Fund as of the date such entity is added under Section 7.04 or 7.05 hereof, as applicable), (b) the unfunded Common Commitment, (c) the unused Preferred Commitment, and (d) and without duplication of (c) above, the unused Preferred Contingently Callable Commitments.

Remaining Capital Commitment means, with respect to any Investor at any time: (a) such Investor's Capital Commitment at such time (excluding any Capital Commitment subject to a Pending Capital Call); minus (b) such Investor's aggregate Capital Contributions made prior to such time.