Return of Capital Contribution definition

Return of Capital Contribution f C \l "2" . Except as provided in this Agreement, no Partner shall be entitled to demand or receive the return of its Capital Contribution.
Sample 1

Examples of Return of Capital Contribution in a sentence

  • There is no third-party debt at the Mt. Hope Project, however POSCO has a Return of Capital Contribution payment of $33.6 million that initially is due at December 31, 2020, if not earlier extended, and there is also a change of control put option in favor of POSCO which, as currently structured, and based on future facts and circumstances, could result in a payment of up to $274,618,750 to return contributions made by POSCO to EMLLC for the Mt. Hope Project.

  • In general, RCF required POSCO to waive the change of control put provisions in the EMLLC agreement (which change of control put provision could trigger a liability of approximately $274 million) and the deferral or waiver of the Return of Capital Contribution provision (approximately $33.6 million) and other changes in the long term lease by MHMI to EMLLC.

  • Deferral of the Return of Capital Contribution (“RoCC”): Except as provided upon an Asset Sale, the RoCC will be deferred until the earlier of a) commercial production being achieved at the Mount Hope Project, b) EMLLC being placed into bankruptcy, or c) GMI (or its successor in a restructuring of GMI) being placed into bankruptcy (excluding pursuant to the Plan).

  • Vermilion Flycatcher (Pyrocepha- lus rubinus), in California Bird Species of Special Concern (W.

  • In general, RCF required POSCO-Minerals to waive the change of controlCoC put/sale provisions in the EMLLC agreement (which change of control put provision could trigger a liability of approximately $274 million as discussed above) and the deferral or waiver of the Return of Capital Contribution RoCC provision (approximately $33.6 million as discussed above) and other changes in the long term lease by MHMI to EMLLC.

  • Return of Capital Contribution and Conversion to Class A Membership Interests.

  • Although there is no third-party debt at EMLLC and its Mt. Hope Project, POSCO has a claim for a Return of Capital Contribution payment, currently $33.6 million, that initially is due on December 31, 2020, if not earlier extended.

  • Capital Contributions, Loans, Percentage Interests and Capital Accounts 10 5.1 Initial Capital Contributions 10 5.2 Additional Capital Contributions 11 5.3 Percentage Ownership Interest 12 5.4 Return of Capital Contribution 12 5.5 No Interest on Capital 13 5.6 Capital Accounts 13 5.7 New Members 13 Section 6.

  • Two firms, iDe- fense and Tipping Point, are now openly buying vulnerabilities, so the market actually exists (unfortunately, the prices are not published).

  • As more fully discussed in the term sheets (collectively attached hereto along with the Restructuring Support Agreement as Exhibit B) and final definitive documents, upon confirmation of the Plan, the Debtor will contribute KVR to EMLLC in exchange for POSCO’s agreement to defer payment of the Return of Capital Contribution and any change of control claim resulting from the Plan’s confirmation.

Related to Return of Capital Contribution

  • 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.

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

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Additional Capital Contribution has the meaning set forth in Section 3.02.

  • Unreturned Capital Contributions means, with respect to each Member at any time, the aggregate amount of Capital Contributions made by such Member less the cumulative amount of all prior distributions to such Member in return thereof pursuant to Section 5.1(a) at such time.

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

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

  • Capital Distribution means, with respect to any Person, a payment made, liability incurred or other consideration given for the purchase, acquisition, repurchase, redemption or retirement of any Equity Interest of such Person or as a dividend, return of capital or other distribution in respect of any of such Person’s Equity Interests.

  • Cash Contribution refers to a direct payment of Contribution in Canadian currency.

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

  • Distributions means amounts payable in respect of the Trust Securities as provided in Section 4.1.

  • Capital Stock Sale Proceeds means the aggregate cash proceeds received by the Company from the issuance or sale (other than to a Subsidiary of the Company or an employee stock ownership plan or trust established by the Company or any such Subsidiary for the benefit of their employees) by the Company of its Capital Stock (other than Disqualified Stock) after the Issue Date, net of attorneys’ fees, accountants’ fees, underwriters’ or placement agents’ fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Liquidation Profits As to any Distribution Date and any Mortgage Loan that became a Liquidated Loan during the Applicable Unscheduled Principal Receipt Period with respect to Full Unscheduled Principal Receipts for such Distribution Date, the excess, if any, of (i) Net Liquidation Proceeds in respect of such Liquidated Loan over (ii) the unpaid principal balance of such Liquidated Loan plus accrued interest thereon in accordance with the amortization schedule at the time applicable thereto at the applicable Net Mortgage Interest Rate from the Due Date to which interest was last paid with respect thereto through the last day of the month preceding the month in which such Distribution Date occurs.

  • Contributed Capital at any time, the aggregate amount which shall theretofore have been received by the Borrower as a contribution to its capital or as consideration for the issuance of partnership interests in the Borrower; Contributed Capital shall in any event exclude the proceeds of any Specified Affiliate Debt and any Restricted Equity.

  • Financial Contribution means a contribution from an implementing partner in the form of own risk-taking capacity that is provided on a pari passu basis with the EU guarantee or in another form that allows an efficient implementation of the InvestEU Programme while ensuring appropriate alignment of interest;

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • 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.

  • 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.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Regular contributions means the amounts required to be

  • 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.

  • Investment Return means the investment return payable in respect of the Bond in accordance with Clause 5 Returns.

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Contribution Amount has the meaning given in subsection 444-90(1A) in Schedule 1 of the Australian Taxation Administration Act 1953 (Cth).

  • Distributable Cash Flow means, for any Distribution Period, an amount equal to the Cash Flow for such Distribution Period, less any amount that the Board may reasonably consider to be necessary to provide for the payment of any costs or expenses, including any tax liability of Holding GP or the Fund, that have been or are reasonably expected to be incurred in the activities and operations of Holding GP or the Fund (to the extent that such costs or expenses have not otherwise been taken into account in the calculation of the Cash Flow) and less such reserves or amounts as are, in the opinion of the Board, necessary or desirable;

  • 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.