Unrecovered Capital Amount definition

Unrecovered Capital Amount means, as of the relevant date of determination and with respect to any Equity Unit or Managing General Partner Unit, an amount equal to the excess of (i) the Capital Amount then applicable to such Equity Unit or Managing General Partner Unit over (ii) the amount of distributions made in respect of such Equity Unit or Managing General Partner Unit pursuant to Section 5.2.3 or Section 17.4.3.3.4 during the period of time beginning on the date the Capital Amount in respect of each Equity Unit and Managing General Partner Unit was last adjusted pursuant to Section 3.6.3 and ending on such date of determination; and
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Unrecovered Capital Amount means, as of the relevant date of determination and with respect to any Equity Unit, FV LTIP Unit or Managing General Partner Unit, an amount equal to the excess of (i) the Capital Amount then applicable to such Equity Unit, FV LTIP Unit or Managing General Partner Unit over (ii) the amount of distributions made in respect of such Equity Unit, FV LTIP Unit or Managing General Partner Unit pursuant to Section 5.2.4 or Section 16.3.3.4.3 during the period of time beginning on the date the Capital Amount in respect of each Equity Unit, FV LTIP Unit and Managing General Partner Unit was last adjusted pursuant to Section 3.6.3 and ending on such date of determination; provided that, for the avoidance of doubt, the Unrecovered Capital Amount of each FV LTIP Unit as of the Arrangement Date (as defined in the Plan) will equal the Arrangement Date BPY Unit Value (as defined in the Plan);
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Unrecovered Capital Amount means, as of the relevant date of determination and with respect to any Equity Unit or General Partner Unit, an amount equal to the excess of
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Examples of Unrecovered Capital Amount in a sentence

  • All adjustments to the Agreed Value of Contributed Properties, Capital Contributions and Unrecovered Capital Amounts of Limited Partners and the Unrecovered Capital Amount of the General Partner pursuant to this Section 8.8 shall be made as reasonably determined by the General Partner.

  • The General Partner shall have the right to make Capital Contributions to the Partnership in excess of the amount set forth in EXHIBIT A to the extent necessary as reasonably determined by the General Partner to meet the Partnership's capital requirements, and any such Capital Contributions shall be, as of the date contributed, included in the General Partner's Unrecovered Capital Amount.

  • If all or a portion of the Units of a Partner are transferred in accordance with the terms of this Agreement, the Capital Account, Unrecovered Capital Amount, prior distribution history, and other attributes of the transferor with respect to the Partnership allocable or ascribed to such Units so transferred will be allocated and ascribed between the transferor and transferee based on the respective Percentage Interests allocable to the Units retained and the Units transferred.

  • If all or a portion of the economic interest appurtenant to a Partnership Interest is Transferred in accordance with the terms of this Agreement, the Capital Account of the transferor and the Unrecovered Capital Amount allocable to such portion of the Partnership Interest so Transferred will be allocated between the transferor and transferee based on the respective Percentage Interests allocable to the portion of the Partnership Interest retained and the portion of the Partnership Interest transferred.

  • Any such Capital Contribution by the General Partner will be distributed to the Limited Partners and Assignees proportionately, based on the remaining Unrecovered Capital Amount of each of them.


More Definitions of Unrecovered Capital Amount

Unrecovered Capital Amount means, as of the relevant date of determination and with respect to any Equity Unit, FV LTIP Unit outstanding as of the Arrangement Date or Managing General Partner Unit, an amount equal to the excess of (i) the Capital Amount then applicable to such Equity Unit, FV LTIP Unit outstanding as of the Arrangement Date or Managing General Partner Unit over (ii) the amount of distributions made in respect of such Equity Unit, FV LTIP Unit outstanding as of the Arrangement Date or Managing General Partner Unit pursuant to Section 5.2.4 or Section 16.3.3.4.2 during the period of time beginning on the date the Capital Amount in respect of each Equity Unit, FV LTIP Unit outstanding as of the Arrangement Date and Managing General Partner Unit was last adjusted pursuant to Section 3.6.3 and ending on such date of determination; provided that, for the avoidance of doubt, the Unrecovered Capital Amount of each FV LTIP Unit as of the Arrangement Date (as defined in the Plan) will equal the Arrangement Date BPY Unit Value (as defined in the Plan);
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Unrecovered Capital Amount means, with respect to a Partner, the sum of (i) the aggregate of all Capital Contributions made by the Partner plus (ii) for each Partnership Interest transferred to such Partner, if any, (including, without limitation, with respect to the General Partner, any Returned Units forfeited by Limited Partners and distributed to the General Partner pursuant to Section 8.8), the Unrecovered Capital Amount allocable to such Partnership Interest as of the time of Transfer less the sum of (a) for each Partnership Interest transferred by such Partner (including, without limitation, with respect to each Limited Partner, any Returned Units forfeited by such Limited Partner pursuant to Section 8.8), the Unrecovered Capital Amount allocable to such Partnership Interest as of the time of Transfer, (b) the aggregate distributions to such Partner pursuant to Section 5.1.B(3), and (c) for each Partnership Interest tendered for redemption by such Partner, if any, the Unrecovered Capital Amount allocable to such Partnership Interest as of the Issuance Date for such tender.
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Unrecovered Capital Amount means, with respect to any Partner, the sum of (i) the aggregate net amount credited to the Capital Account of such Partner pursuant to Section 6.1 upon the making of a Capital Contribution to the Partnership, less (ii) the aggregate distributions to such Partner pursuant to Sections 5.1.B(3) and 5.1.B(4). The Unrecovered Capital Amount (as so adjusted) shall be reduced for each Partnership Interest tendered for redemption by such Partner, if any, by the Unrecovered Capital Amount allocable to such Partnership Interest as of the Issuance Date for such tender. In addition, the Unrecovered Capital Amount for each Partner (as so defined) shall be increased or decreased, as the case may be, for any transfers of Partnership Interests (or economic interests therein) to or by such Partner, in each case by an amount of the then Unrecovered Capital Amount allocable to the Partnership Interests (or economic interests therein) transferred at the time of the transfer.
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Unrecovered Capital Amount means, with respect to the General Partner, a Limited Partner or an Assignee, the sum of (i) the aggregate of all Capital Contributions made by the Partner or Assignee plus (ii) for each Partnership Interest or economic interest therein transferred to such Partner or Assignee, if any, the Unrecovered Capital Amount allocable to such Partnership Interest or economic interest therein as of the time of transfer LESS the sum of (a) for each Partnership Interest or economic interest therein transferred by such Partner or Assignee, if any, the Unrecovered Capital Amount allocable to such Partnership Interest or economic interest therein as of the time of Transfer, (b) the aggregate distributions to such Partner or Assignee pursuant to Section 5.1B(3) and (c) for each Partnership Interest tendered for redemption by such Partner or Assignee, if any, the Unrecovered Capital Amount allocable to such Partnership Interest as of the Issuance Date for such tender.
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Unrecovered Capital Amount means, as of the relevant date of determination and with respect to any Equity Unit, FV LTIP Unit or Managing General Partner Unit, an amount equal to the excess of (i) the Capital Amount then applicable to such Equity Unit, FV LTIP Unit or Managing General Partner Unit over (ii) the amount of distributions made in respect of such Equity Unit, FV LTIP Unit or Managing General Partner Unit pursuant to Section
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Related to Unrecovered Capital Amount

  • Unrecovered Capital means at any time, with respect to a Unit, the Initial Unit Price less the sum of all distributions constituting Capital Surplus theretofore made in respect of an Initial Common Unit and any distributions of cash (or the Net Agreed Value of any distributions in kind) in connection with the dissolution and liquidation of the Partnership theretofore made in respect of an Initial Common Unit, adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of such Units.

  • Required Capital Amount has the meaning set forth in Section 5(e) of this Supplement.

  • Target Working Capital Amount means $75,000,000.

  • Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Unreturned Capital means, with respect to a Preferred Unit or a ------------------ Class L Common Unit, the excess, if any, of the Capital Contribution made or deemed made in exchange for or on account of such Unit over all Distributions made by the Partnership that constitute a return of the Capital Contribution therefor pursuant to Section 4.1(a)(ii) or 4.1(a)(iv).

  • Target Net Working Capital Amount means $5,000,000.

  • Per Unit Capital Amount means, as of any date of determination, the Capital Account, stated on a per Unit basis, underlying any Unit held by a Person other than the General Partner or any Affiliate of the General Partner who holds Units.

  • Adjusted Capital Account means the Capital Account maintained for each Partner as of the end of each Fiscal Year (i) increased by any amounts which such Partner is obligated to restore pursuant to any provision of this Agreement or is deemed to be obligated to restore pursuant to the penultimate sentences of Regulations Sections 1.704-2(g)(1) and 1.704-2(i)(5) and (ii) decreased by the items described in Regulations Sections 1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5) and 1.704-1(b)(2)(ii)(d)(6). The foregoing definition of Adjusted Capital Account is intended to comply with the provisions of Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital.

  • 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.

  • Total adjusted capital means the sum of:

  • Class B Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class B Invested Amount less the positive difference, if any, between the Principal Funding Account Balance and the Class A Invested Amount on such date.

  • Adjusted Capital Account Balance means, with respect to each Partner, the balance in such Partner’s Capital Account adjusted (i) by taking into account the adjustments, allocations and distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), (5) and (6); and (ii) by adding to such balance such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, determined pursuant to Treasury Regulations Sections 1.704-2(g) and 1.704-2(i)(5), any amounts such Partner is obligated to restore pursuant to any provision of this Agreement or by applicable Law. The foregoing definition of Adjusted Capital Account Balance is intended to comply with the provisions of Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Adjusted Capital Account Deficit means, with respect to any Member, the deficit balance, if any, in such Member’s Capital Account as of the end of the relevant Fiscal Year, after giving effect to the following adjustments:

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Net Working Capital Target means $0.00.

  • Working Capital Target means $0.

  • Partially Adjusted Capital Account means, with respect to any Member for any Fiscal Year, the Capital Account balance of such Member at the beginning of such period, adjusted as set forth in the definition of Capital Account for all contributions and distributions during such period and all special allocations pursuant to Section 7.3 with respect to such period but before giving effect to any allocation with respect to such period pursuant to Section 7.2.

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • Adjusted Capital and Reserves means the aggregate of:

  • Class C Invested Amount means, as of a date, an amount (not less than zero) equal to (a) the initial Note Balance of the Class C Notes, minus (b) the aggregate amount of any principal payments made to the Noteholders of the Class C Notes before that date, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs applied to reduce the Class C Invested Amount under Section 4.3 of the Indenture Supplement before that date, minus (d) the cumulative amount of unreimbursed Reallocated Principal Collections applied to reduce the Class C Invested Amount under Section 4.4 of the Indenture Supplement before that date.

  • Class B Loss Percentage With respect to any Determination Date and any Class of Class B Certificates then outstanding, the percentage calculated by dividing the Principal Balance of such Class by the Class B Principal Balance (determined without regard to any Principal Balance of any Class of Class B Certificates not then outstanding), in each case determined as of the preceding Determination Date.

  • Non-Financed Capital Expenditures means, for any period, Capital Expenditures during such period other than Capital Expenditures funded with the proceeds of Indebtedness (excluding ABL Revolving Loans).