Unrecovered Capital Amount definition

Unrecovered Capital Amount means, as of the relevant date of determination and with respect to any Unit or Managing General Partner Unit, an amount equal to the excess of (i) the Capital Amount then applicable to such Unit or Managing General Partner Unit over (ii) the amount of distributions made in respect of such Unit 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 Unit and Managing General Partner Unit was last adjusted pursuant to Section 3.5.3 and ending on such date of determination; and
Sample 1Sample 2Sample 3
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);
Sample 1Sample 2Sample 3
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
Sample 1Sample 2

Examples of Unrecovered Capital Amount in a sentence

  • Lower panels (e-f) show the difference between each simula- tion relative to NOAA observations.

  • 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.

  • 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 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.


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);
Sample 1Sample 2
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
Sample 1
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.
Sample 1
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
Sample 1
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.
Sample 1
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.
Sample 1

Related to Unrecovered Capital Amount

  • Required Capital Amount means $5,000,000.

  • 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.

  • 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: