Available Operating Funds definition

Available Operating Funds means the sum of (i) the Fund’s net investment company taxable income (including net short-term capital gains reduced by net long-term capital losses), (ii) the Fund’s net capital gains (including the excess of net long-term capital gains over net short-term capital losses) and (iii) dividends and other distributions paid to the Fund on account of investments in portfolio companies (to the extent such amounts listed in clause (iii) are not included under clauses (i) and (ii) above).

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Available Operating Funds means the sum of (i) the Fund’s net investment company taxable income (including net short- term capital gains reduced by net long-term capital losses), (ii) the Fund’s net capital gains (including the excess of net long-term capital gains over net short-term capital losses) and (iii) dividends and other distributions paid to the Fund on account of investments in portfolio companies (to the extent such amounts listed in clause (iii) are not included under clauses (i) and (ii) above).

Available Operating Funds means the sum of (i) the Company’s estimated investment company taxable income (including realized net short-term capital gains reduced by realized net long-term capital losses) (ii) the Company’s realized net capital gains (including the excess of realized net long-term capital gains over realized net short-term capital losses) and (iii) dividends and other distributions paid to the Company on account of preferred and common equity investments in portfolio companies, if any (to the extent such amounts listed in clause (iii) are not included under clauses (i) and (ii) above).

Examples of Available Operating Funds in a sentence

• In the event that Available Operating Funds are negative for a particular month the Advisor and Sub-Advisor will pay expenses as outlined in (i) above.

• Any payments required to be made by the Adviser pursuant to the preceding sentence shall be referred to herein as an “Expense Payment.” To the extent that no dividends or other distributions are paid to the Fund’s stockholders in any given month, then the Expense Payment for such month shall be equal to such amount necessary in order for Available Operating Funds for the month to equal zero.

• Any payments required to be made by the Adviser pursuant to the preceding sentence shall be referred to herein as an “Expense Payment.” To the extent that there are no dividends or other distributions to the Fund’s stockholders for which a record date has occurred in any given quarter, then the Expense Payment for such quarter shall be equal to such amount necessary in order for Available Operating Funds for the quarter to equal zero.

• Any payments required to be made by NSAM FV pursuant to this Agreement shall be referred to herein as an "Expense Payment." "Available Operating Funds" means the Fund's net investment income minus any Reimbursement Payments (as defined below) payable to NSAM FV pursuant to Section 2(a).

• In the event that Available Operating Funds are negative for a particular month, the Advisor will pay expenses as outlined in (i) above.

More Definitions of Available Operating Funds

Available Operating Funds means the Fund's net investment income minus any Reimbursement Payments (as defined below) payable to Colony NorthStar FV pursuant to Section 2(a).

Available Operating Funds means the sum of (x) the Company’s cumulative net “investment company taxable income”, as defined by the Internal Revenue Code of 1986, as amended, which generally includes net ordinary income and net short-term taxable gains reduced by net long-term capital losses, (y) the Company’s cumulative net capital gains (including the excess of net long-term capital gains over net short-term capital losses) and (z) cumulative distributions paid to the Company on account of investments in portfolio companies (to the extent such amounts listed in clause (z) are not included under clauses (x) and (y) above).

Available Operating Funds means the sum of (i) the Company’s net investment company taxable income and estimated current investment company taxable income (including net short-term capital gains reduced by net long-term capital losses), (ii) the Company’s cumulative realized taxable net capital gains (including the excess of net long-term capital gains over net short-term capital losses) and (iii) dividends and other distributions paid to the Company on account of preferred and common equity investments in portfolio companies, if any (to the extent such amounts listed in clause (iii) are not included under clauses (i) and (ii) above).

Available Operating Funds means the sum of (i) the Fund’s net investment income (excluding organizational and offering costs and extraordinary expenses, taxes (including excise tax) and accrued capital gains incentive fees on unrealized appreciation) and (ii) the Fund’s net capital gains.

Available Operating Funds means the Fund's net investment income minus any Reimbursement Payments (as defined below) payable to NSAM FV pursuant to Section 2(a).

Available Operating Funds means the sum of the Fund’s cumulative net increase (decrease) in net assets resulting from operations as determined in accordance with generally accepted accounting principles for investment companies prior to any Reimbursement Payments accrued in the current period, less cumulative net unrealized appreciation/depreciation.

Available Operating Funds means net operating income, as determined under U.S. generally accepted accounting principles, including realized capital gains and realized capital losses, but excluding Conditional Waiver Amounts, Expense Support Amounts, interest costs, financing fees and financing costs, any non-cash income items or expenses (such as paid-in-kind interest, original issue discount, debt issuance costs, etc.), and any ongoing shareholder servicing and distribution fees.