Examples of Unfunded Commitments in a sentence
The amount of capital required to be contributed by each Partner on each occasion of an Additional Capital Contribution shall be computed by the General Partner so that each Partner’s Additional Capital Contribution bears the same relationship to the aggregate Additional Capital Contributions to be made on such occasion as such Partner’s Unfunded Commitment bears to the aggregate Unfunded Commitments of all Partners.
The liability of each of the Limited Partners to the Partnership shall be limited to any Unfunded Commitments and any outstanding Tax Payment Loan except as required under the RULPA.
The General Partner may set aside proceeds of the Offering and other cash receipts of the Partnership (including payments in respect of the Unfunded Commitments) to establish and replenish from time to time commercially reasonable working capital reserves.
In addition, the borrowing limit under any Credit Facility to pay expenses of the Partnership shall be limited to an amount no greater than the Unfunded Commitments of the Partners.
If, to the extent that the Manager has reserved Unfunded Commitments for future call beyond the Investment Period, the fee base shall include such Unfunded Commitments.