Examples of Available Capital Commitment in a sentence
Such payment shall not reduce such Shareholder’s Available Capital Commitment or constitute a Capital Contribution, and any such payment shall be payable without regard to such Shareholder’s Available Capital Commitment and notwithstanding the termination of the Investment Period or the Fund.
Subscription Days (other than exclusively in relation to drawdowns on any Available Capital Commitment) will not be declared more frequently than once per calendar year.Valuation DayThe last Business Day of every calendar year and/or the BusinessDay immediately preceding a Subscription Day and/or a Redemption Day.
Drawdowns of each investor’s Capital Commitment (each a “Capital Contribution”) shall be effected pro-rata amongst all investors having available and undrawn Capital Commitments in the Sub-Fund in a proportion equal to each investor’s Available Capital Commitment divided by the total of all Available Capital Commitments by all investors in the Sub-Fund.
The Directors of the Company or their delegate may, subject to the notice periods outlined below, call all or a portion of the Available Capital Commitment of the investors in the Sub-Fund.