Unused Capital Commitment definition

Unused Capital Commitment means, with respect to an Investor, the amount of such Investor’s Capital Commitment as of any date reduced by the aggregate amount of contributions made by that Investor at all previous Drawdown Dates and any Catch-up Date pursuant to Section 1.01(b) and Section 1.02(b), respectively.

Unused Capital Commitment means, with respect to any Partner and as of any point in time, such Partner’s Capital Commitment less the sum of (A) the Capital Contribution Value of such Partner, plus (B) all amounts such Partner is obligated to contribute to the Fund as of such time pursuant to an outstanding Capital Call Notice. The Unused Capital Commitment is subject to increase in cases of:

Unused Capital Commitment means, with respect to a Subscriber, the amount of such Subscriber’s Capital Commitment as of any date reduced by the aggregate amount of contributions made by that Subscriber at all previous Capital Drawdown Dates and any Catch-Up Date pursuant to Section 1.01(b) and Section 1.02(b), respectively.

Examples of Unused Capital Commitment in a sentence

• Notwithstanding anything to the contrary contained in this Agreement and except as otherwise required by a nonwaivable provision of applicable law, the liability of a Limited Partner for any losses of the Fund in no event shall exceed, in the aggregate (without duplication): (i) the amount of its Unused Capital Commitment, and (ii) its share of the undistributed assets and profits of the Fund.

• After a Limited Partner has received cumulative distributions equal to the Capital Contribution Value of such Limited Partner, and the aggregate Unused Capital Commitment is at or approaching zero, and General Partner desires to continue to make Investments, then General Partner shall have discretion to increase the then-current amount of each Limited Partner’s Unused Capital Commitment by the Recycled Amount.

• No Limited Partner shall be required to make additional Capital Contributions in excess of the then-current amount of its Unused Capital Commitment.

• The Partners shall be required to make Capital Contributions directly to each such Alternative Vehicle, to the same extent, for the same purposes and on the same terms and conditions as Partners are required to make Capital Contributions to the Partnership, and such Capital Contributions shall reduce the Unused Capital Commitment of the Partners to the same extent as if Capital Contributions were made to the Partnership with respect thereto.

• Additional amounts called for pursuant to this Section 3.4(a) shall be made by each such other Limited Partner in an amount which bears the same ratio to the aggregate of the amounts payable by all such other Limited Partners as such other Limited Partner's Unused Capital Commitment bears to the Unused Capital Commitment of all such other Limited Partners.

More Definitions of Unused Capital Commitment

Unused Capital Commitment means, with respect to an Investor, the amount of such Investor’s Capital Commitment as of any date reduced by the aggregate amount of contributions made by that Investor at all previous Capital Drawdown Dates and any Catch-Up Date pursuant to Section 1(b) and Section 2(c), respectively.

Unused Capital Commitment shall have the meaning given to such term in the Subscription Agreement, provided, however, that any amount subject to a Pending Drawdown shall be excluded from the applicable Investor’s Unused Capital Commitment.

Unused Capital Commitment means, with respect to a Subscriber, the amount of such Subscriber’s Capital Commitment as of any date reduced by the aggregate amount of contributions made by that Subscriber at all previous Capital Drawdown Dates pursuant to Section 1.01(b). For the avoidance of doubt, if the applicable date of determination occurs following the delivery of a Funding Notice to such Subscriber but prior to the Capital Drawdown Date in respect thereof, the amount specified in such Funding Notice (as it may be amended in accordance with this Agreement) shall not be included in such Subscriber’s Unused Capital Commitment unless such amount remains unpaid following the Capital Drawdown Date and any cure period pursuant to Section 3.01.

Unused Capital Commitment means, with respect to an Investor, the amount of such Investor’s Capital Commitment as of any date reduced by the aggregate amount of capital contributions made by that Investor at all previous Drawdown Dates pursuant to Section 1.01(b).

Unused Capital Commitment with respect to any Investor, has the meaning given thereto in the applicable Subscription Agreement (as in effect on the date hereof).

Unused Capital Commitment means: with respect to any Member and as of any point in time, such Member’s Capital Commitment (a) less the sum of (i) all Capital Contributions previously made by such Member, plus (ii) all amounts such Member is obligated to contribute to the Company pursuant to an outstanding Capital Request Notice, and (b) plus all distributions to such Member pursuant to Section 4.1 which are specifically designated by the Board as return of Capital that such Member will be required to contribute to the Company in the future.

Unused Capital Commitment means, with respect to a Subscriber, the amount of such Subscriber’s Capital Commitment as of any date reduced by the aggregate amount of purchases made by that Subscriber at all previous Capital Drawdown Dates pursuant to Section 1.01(b) and Section 2.02, respectively.