Capital Commitment definition
Examples of Capital Commitment in a sentence
Any capital received in error (despite the provisions of this Section 7.2) by the Trust from a Plan Investor before the First Investment Date shall be refunded to such Plan Investor, but such refund shall be without prejudice to the Board of Trustees ’s right to draw down in the future any Plan Investor’s Capital Commitment.
The undersigned (the “Investor”) subscribes for and agrees to purchase limited partnership interests (“Interests”) in CIM Opportunity Zone Fund, L.P., a Parallel Partnership, a Feeder Fund or other Intermediate Entity (such entity in which the Investor subscribes for an Interest, or is subsequently moved to pursuant to the Partnership Agreement, the “Partnership”) with a Capital Commitment (as defined in the Partnership Agreement referred to below) in the amount set forth on the signature page below.
Prior to an Exchange Listing (if any), unless otherwise determined by the Trustees, prospective Shareholders will make a Capital Commitment pursuant to one or more subscription agreements entered into with the Trust, pursuant to which Shareholders agree to contribute capital to the Trust in exchange for Shares.
Each Investor should fill in the amount of the Capital Commitment, date, print the name of the Investor and sign (and print name, capacity and title of signatory, if applicable) the Investor signature page to the Investor Questionnaire.