Unreturned Capital Contributions means, as to each Member, the aggregate Capital Contributions made to the Company by such Member minus the aggregate distributions of such Capital Contributions made to such Member from the Company pursuant to Sections 3.2(b) and 6.2(a)(ii) hereof.
Unreturned Capital Contributions means, with respect to each Member at any time, the aggregate amount of Capital Contributions made by such Member less the cumulative amount of all prior distributions to such Member in return thereof pursuant to Section 5.1(a) at such time.
Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital. Voluntary Transfer shall have the meaning set forth in Article 11.
Examples of Unreturned Capital Contributions in a sentence
In the event that any Member effects an Indirect Transfer of any Units that is not approved by the Board of Managers, the Company shall have the right, but not to the obligation, to repurchase any or all of such Member’s Units for a purchase price equal to fifty percent (50%) of the lesser of (a) the Unreturned Capital Contributions for such Units and (b) the then Fair Market Value of such Units.
More Definitions of Unreturned Capital Contributions
Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital.
Unreturned Capital Contributions means, with respect to each Class A Member, at any time of determination, the aggregate amount of such Class A Member’s Capital Contributions less the amount of distributions received by such Class A Member (or its predecessors in interest) under Section 5.02(a) of this Agreement.
Unreturned Capital Contributions means, with respect to each Class A Member, at any time of determination, the aggregate amount of such Class A Member’s Capital Contributions less the amount of distributions received by such Class A Member (or its predecessors in interest) under Section 5.2(a).
Unreturned Capital Contributions means the Capital Contributions (exclusive of any Senior Equity Capital Contributions) of each Member reduced by distributions on account of such Capital Contributions under Section 4.1(c).
Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital. Working Capital and Reserves, Reserve or Reserves shall mean, with respect to any fiscal period, funds set aside or amounts allocated during such period to Reserves that shall be maintained in amounts deemed sufficient by the Manager for working capital and to pay taxes, insurance, debt service, or other costs or expenses incidental to the ownership or operation of the Company’s business.
Unreturned Capital Contributions means, with respect to any Member, at any time the excess, if any, of the aggregate Capital Contributions made by such Member over the cumulative distributions made to such Member pursuant to Section 8.01(a).
Unreturned Capital Contributions means the aggregate Capital Contributions made by a Limited Partner to the Partnership, minus any and all distributions made by the Partnership to the Limited Partner under Section 6.2(a).