Capital Amount Clause Samples

Capital Amount. Capital Amount" means, in respect of any Calculation Period, the amount specified as such in this DFT Terms confirmation.6

Capital Amount. Prior to the consummation of the Merger, Borrower and Subsidiary Guarantors shall not permit the net capital of the Broker Entity, as determined pursuant to applicable laws and regulations of the Financial Industry Regulatory Authority, Inc. to exceed, at any time, $25,000,000. Following the consummation of the Merger, Borrower and Subsidiary Guarantors shall not permit the net capital of the Broker Entity, as determined pursuant to applicable laws and regulations of the Financial Industry Regulatory Authority, Inc. to exceed, at any time, $50,000,000.

Capital Amount. Capital Amount" means, in respect of any Calculation Period, the amount specified as such in this DFT Terms confirmation.5 Payment Dates and the Purchase Dates are agreed between the parties on the date they enter into the DFT Terms Agreement, which should be specified in Paragraph 13 of Part 3 of the DFT Terms confirmation.

Capital Amount. (a) Between the date of this Agreement and the Closing Date, Seller shall have the right, but not the obligation, to make any of the repairs, replacements or improvements (i) noted on Exhibit Z hereto (as the same may be supplemented from time to time upon the substitution of a Property in accordance with this Agreement), (ii) that Seller is required to perform to cure Violations issued from and after the date hereof by governmental authorities having jurisdiction over a Property or (iii) that Seller, in Seller’s reasonable judgment, determines is necessary to avoid, prior to Closing, (x) imperiling the health, safety or welfare of any person on or about the Property or (y) additional damage to the Property. The foregoing repairs, replacements or improvements are herein collectively referred to as “Capital Work”. The hard and soft costs expended by Seller in connection with Capital Work are herein referred to as the “Capital Amount”. The Capital Amount incurred in connection with any Capital Work shall be added to the Purchase Price for each Property in accordance with the provisions of Section 4. Seller may enter into such contracts and agreements for the performance of Capital Work as Seller deems appropriate, provided that such contracts and agreements shall be consistent with Seller’s customary practices. (b) If any Capital Work for a Property containing Leased Premises remains incomplete at Closing, Seller shall on or before Closing furnish Purchaser with Seller’s reasonable estimate of the cost required to complete the same (an “Estimated Capital Work Completion Amount”), which such estimate shall include a reasonably detailed breakdown of the components of such Estimated Capital Work Completion Amount. Seller shall at Closing (pursuant to an instrument in form reasonably satisfactory to Seller and Purchaser) assign to Purchaser all of its right, title and interest in and to all contracts and agreements for the performance of the incomplete Capital Work (collectively, the “Capital Work Contracts”), and Purchaser shall assume all of Seller’s obligations (including payment obligations) under the Capital Work Contracts which first arise or accrue from and after the Closing Date. Purchaser shall thereafter complete the Capital Work pursuant to the Capital Work Contracts (or such other arms-length agreements with third parties as shall be necessary to complete the Capital Work), in accordance with good construction practice and any plans or specifications...

Capital Amount. Borrower and Subsidiary Guarantors shall not permit the sum of (i) the net capital of the Broker Entity, as determined pursuant to applicable laws and regulations of the Financial Industry Regulatory Authority, Inc., plus (ii) ▇▇▇▇▇ Securities Funding Net Worth to exceed, at any time, the sum of Fifty Million Dollars ($50,000,000) on an aggregate basis.” (l) Section 7.16 of the Loan Agreement is hereby deleted in its entirety and replaced as follows:

Capital Amount. For this purpose, the portion of any Tax imposed on a periodic basis that is attributable to a taxable period beginning before and ending after the Closing Date shall be determined by apportioning the Tax for the entire period based upon the number of days in the period, except that any such Tax measured by income or receipts shall be apportioned based upon actual results of operations through the end of the Closing Date.