Base Capital definition

Base Capital. , in relation to a corporation means the sum of —

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Base Capital. , in relation to a company, means the sum of –

Base Capital means the sum of —

Examples of Base Capital in a sentence

• Thus, for example, any person who owns less than 50% of the outstanding Base Capital Stock shall cause a Change in Control to occur as of any subsequent date if such person then acquires an additional interest in the Company which, when added to the person’s previous holdings, causes the person to hold more than 50% of the outstanding Base Capital Stock.

• Next, to the Members in the ratio that the balance of the accrued and unpaid Base Capital Preferred Return of each Member bears to the aggregate of the balance of accrued and unpaid Base Capital Preferred Return of both Members, until and to the extent required to reduce each Member’s accrued and unpaid Preferred Return to zero (0).

• The Base Capital Securities Indenture as supplemented by this First Supplemental Capital Securities Indenture, is in all respects ratified and confirmed, including without limitation all the rights, immunities and indemnities of the Trustee and the Agents, and this First Supplemental Indenture shall be deemed an integral part of the Base Capital Securities Indenture in the manner and to the extent herein and therein provided.

• The Borrower shall not at any time permit the ratio ("ADJUSTED TBC RATIO") of Total Adjusted Debt of the Lithia Group on a consolidated basis to Tangible Base Capital of the Lithia Group on a consolidated basis to be greater than 15:1.

• The Borrower shall not at any time permit the ratio ("TBC RATIO") of Total Debt of the Lithia Group on a consolidated basis to Tangible Base Capital of the Lithia Group on a consolidated basis to be greater than 30:1.

More Definitions of Base Capital

Base Capital means base capital as defined in the regulations;

Base Capital is defined in Section 2.2.

Base Capital means and includes the initial security deposit, additional security deposit, margin money, any other credit amounts, bank guarantee, and other collateral, by whatever name called, specified to be part of the base capital.

Base Capital means, at any time, the sum of (a) the Tangible Net Worth (as defined in the Credit and Security Agreement) of Polaris Acceptance at such time, and (b) the aggregate principal amount of Revolving Loans (as defined in the Credit and Security Agreement) borrowed by Polaris Acceptance at such time, and (c) the outstanding amount due and owing, at such time, by Polaris Acceptance to Polaris in connection with the transactions giving rise to or acquiring Receivables.

Base Capital means, as of any CBR Reporting Date, the aggregate amount, in Russian Roubles, of items that constitute base capital (bazoviy kapital osnovnogo kapitala) of the Borrower as of such CBR Reporting Date, less any deductions from base capital required to be made, in each case as determined by the Borrower pursuant to Regulation No. 395-P.

Base Capital means the sum of (a) the following items in the latest account of the corporation: (i) paid-up ordinary share capital; (ii) irredeemable and non-cumulative preference share capital; and (iii) reserve fund maintained under Rule 2A.3 of the Cleartrade Rulebook; and (b) any unappropriated profit or loss in the latest audited accounts of the corporation, less any interim loss in the latest accounts of the corporation and any dividend that has been declared since the latest audited accounts of the corporation. See Cleartrade Rulebook, Rule 2A.1.1.

Base Capital means, with respect to a Partner, the Base Capital Contributions of such Partner as adjusted from time to time by: (a) adding thereto all Profits allocated to such Partner in accordance with Section 6.04(a)(iv) to the extent that the allocation of such Profits relates to Losses previously allocated in accordance with Sections 6.04(b)(i) and (ii), and Section 6.04(a)(vi); and (b) deducting therefrom all Losses allocated to such Partner in accordance with Sections 6.04(b)(i) and 6.04(b)(ii). The foregoing is intended to comply with the definition of "unreturned capital" set forth in Treasury Regulation Section 1.514(c)-2, and is to be interpreted consistently therewith.