Total Capital Commitment means, with respect to each Direct Shareholder, six billion six hundred million Dollars ($6,600,000,000) (as may be (x) increased from time to time pursuant to JV LLCA or (y) decreased from time to time pursuant to JV LLCA with, in the case of this clause (y), the prior written consent of DOE and otherwise in accordance with the Financing Documents). As of the date hereof, the aggregate amount of the Total Capital Commitment of the Direct Shareholders is thirteen billion two hundred million Dollars ($13,200,000,000). For the avoidance of doubt, and without limiting the obligation in Section 7.29(c) (Approved Base Case Financial Model; Capital Commitment Shortfall) of the Loan Agreement in the event of a Capital Commitment Shortfall, nothing in this Agreement or any other Financing Document shall obligate either of the Direct Shareholders or any other Sponsor Entities to increase or decrease the Total Capital Commitment.
Total Capital Commitment means, with respect to any Limited Partner, an amount equal to the total amount of capital contributions that such Limited Partner is obligated to make to the Sponsor pursuant to the terms of the Partnership Agreement.
Total Capital Commitment of a Partner shall mean the amount of capital that such Partner has committed to contribute to the Partnership as set forth in Schedule A hereto under the caption "Total Capital Commitment";
Examples of Total Capital Commitment in a sentence
The Company may terminate its obligations under this Agreement at any time prior to the Company’s acceptance of full payment of the Total Capital Commitment and be relieved of all further obligations under this Agreement without thereby waiving any other rights the Company may have.
Further to the Acquisition and pursuant to the Commitment Deed, ESR-REIT has committed A$7.05 million (the “Capital Commitment”) which is its pro-rata share of the Total Capital Commitment as a holder of a 10.0% interest in the Fund.
The Company shall have no obligation to issue any shares of Series G Preferred Stock to the Subscriber unless and until the Subscriber has made to the Company, and the Company has accepted, full payment of the Subscriber’s Total Capital Commitment as set forth in the Subscription Schedule.
The Manager and affiliates of the Manager also will purchase Class A Units representing five percent (5%) of the Total Capital Commitment.
The Investment Period of the Early Stage Capital Expansion Fund is defined as the period from (and including) the Closing Date to (and including) the date at which 90% of the Total Capital Commitment of all Limited Partners are invested and/or committed to investment by the General Partner, or such earlier date as notified by the General Partner.
More Definitions of Total Capital Commitment
Total Capital Commitment has the meaning set forth in Section 2.01.
Total Capital Commitment is defined in Section 3.1.3(i).
Total Capital Commitment means the aggregate amount of capital the Trust would be required to invest in such asset or assets assuming that the Trust were required to fund (i) the total contractually obligated amount with respect to such asset or assets, contingent or otherwise, without giving effect to any conditions precedent and (ii) any guarantees other than customary non-recourse carve-out, bankruptcy and environmental guaranties.
Total Capital Commitment means the total amount of cash contributions committed by all the Partners to the Partnership in accordance with this Agreement and accepted by the Fund Manager.
Total Capital Commitment of the undersigned is . The undersigned understands that the General Partner of the Partnership will be L.A. - 8700 Properties, Inc. a California corporation (the “General Partner”). The undersigned shall tender 100% of its Total Capital Commitment to the Partnership concurrently with its execution and delivery of this Subscription Agreement (this “Agreement”), unless otherwise agreed by the General Partner, in writing. The undersigned understands that, unless otherwise agreed to by the General Partners in writing as contemplated in the Memorandum, the minimum investment is 1 Unit at $37,000.00 a Unit, for a total minimum investment of $37,000.00. The undersigned’s investment will be held by the General Partners until such time as a minimum of $2,300,000.00 of Capital Contributions have been received by the Partnership, and will be returned promptly by the General Partners to the undersigned (without interest) if at least $2,300,000.00 of Capital Contributions have not been received by January 30, 2009, unless such date is extended to June 30, 2009 by the General Partners in the manner described in the Memorandum. Except as provided under State securities laws, this subscription is irrevocable, but the undersigned’s execution and delivery of this Agreement will not constitute an agreement between the Partnership and the undersigned until this Agreement is accepted on behalf of the Partnership and, if not so accepted, the undersigned’s subscription and the undersigned’s obligations under this Agreement will terminate. The undersigned understands that the offering period under the Memorandum is expected to continue indefinitely until $2,350,000.00 in Capital Contributions have been received by the Partnerships, but may be terminated earlier by the General Partner. The undersigned will furnish to the General Partner a true and correct copy of: If the subscriber is a corporation, the articles of incorporation and by-laws, and a copy (certified by the secretary or other authorized officer) of an appropriate corporate resolution authorizing this specific investment; If the subscriber is a partnership, the partnership agreement (or evidence of due authorization to make this specific investment); If the subscriber is a limited liability company, the articles of organization and operating agreement (or other evidence of due authorization to make this specific investment); If the subscriber is a trust, the trust agreement (or other evidence of due authorization to m...
Total Capital Commitment on Schedule A hereto and has received therefor the number of Series A Preferred Units opposite such Initial Member’s name under the heading “Series A Preferred Units” on Schedule A pursuant to the terms hereof and the Subscription Agreement entered into by such Initial Member. If not earlier called by the Board pursuant to Section 6.2, each Initial Member shall make a Capital Contribution in an amount equal to such Initial Member’s remaining Capital Contribution on December 31, 2006.
Total Capital Commitment shall have the meaning ascribed to it in Section 3.2(a).