Capital Date definition

Capital Date means the date on which any Gain or Loss is recognized by the Company.
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Capital Date when used with respect to any Book Gain or Book Loss recognized by the Company during any Adjustment Period, means the date on which such Book Gain or Book Loss is recognized by the Company.
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Examples of Capital Date in a sentence

  • The amount of the provision at the Working Capital Date shall be reduced to reflect related actual payments made up to and including the Working Capital Date.

  • Purchaser, with the written consent of Vendor, shall have the right to settle, either administratively or after the commencement of litigation, any proceeding relating to Taxes of the Corporation and any of the Subsidiaries for any taxation year ending on or before the Working Capital Date.

  • Section 3.9 of the Disclosure Schedule contains a complete and accurate list of all Accounts Receivable as of the Base Working Capital Date, which list sets forth the aging of such Accounts Receivable.

  • No Distributions have been made from or after the Working Capital Date, except for cash Distributions as may be set forth in the statement to be provided pursuant to Section 3.3(a).

  • Since the Net Working Capital Date, all collections on accounts receivable of the Company and its Subsidiaries and other payments to or for the benefit of the Company and its Subsidiaries have been deposited in bank accounts of the Company and its Subsidiaries that will continue to be controlled by the Company and its Subsidiaries after the Closing.

  • If any event or condition shall exist which could reasonably be expected to be a Material Adverse Event with respect to the business, operations, properties, or financial positions of any Loan Party, Communications, or any of their respective Subsidiaries (or, if prior to the Second Capital Date, DCCLP).

  • In the event that the amount of the Stockholder Representatives’ Working Capital Claim exceeds the amount of the Working Capital Date Excess Cash available for distribution from the Working Capital Escrow Account, Parent or the Surviving Corporation shall contribute to the Working Capital Escrow Account the difference between the amount of the Stockholder Representatives’ Working Capital Claim and the amount of Working Capital Date Excess Cash available for distribution.

  • Any Loan Party or any of their respective Subsidiaries (or, if prior to the Second Capital Date, DCCLP) shall dissolve, liquidate, or otherwise terminate their existence.

  • Sellers shall be entitled to participate in or with respect to that Tax Claim relating (in whole or in part) to Taxes attributable to taxation years ending on or before the Working Capital Date and, with the written consent of Purchaser, and at Sellers’ sole expense, may assume the entire control of that Tax Claim.

  • By: Brian Ransom ▇▇▇e By: Knights Bridge Capital Date Escrow Agent: Stone Tower Inc.

Related to Capital Date

  • Current Date means any day during the 20-day period ending on the date of the Closing.

  • Fiscal Period means any interim accounting period within a Taxable Year established by the Manager and which is permitted or required by Section 706 of the Code.

  • Capitalization Date has the meaning set forth in Section 3.2(a).

  • Investment Date means the date of the Investment Commitment Closing.

  • Current Distribution Date means a Distribution Date specified as a reference date for calculating the Expected Distributions with respect to the Certificates of any Trust as of such Distribution Date.