Capital Profits definition
Examples of Capital Profits in a sentence
The balance of $175,000 shall remain on the books of the Company’s subsidiary Hero Capital Profits Limited and the Series 2009 Secured Note dated September 9, 2009, the Guaranty, Stock Pledge Agreement, Affidavits and Irrevocable Transfer Instructions shall all remain in effect.
The Partners acknowledge and agree that the General Partner may maintain and utilise the memorandum accountsreferred to in clause 6.6 above for the purposes of determining the appropriate allocations of Capital Profits.
If to the Corporation, to: Hero Capital Profits Limited U▇▇▇ ▇▇▇▇, ▇▇/▇ ▇▇▇▇▇ ▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ 37 Ma Tau Wai Road, Hunghom Kowloon, Hong Kong Attention: E▇▇▇▇ ▇▇▇▇▇▇ If to Consultant, to: Aegis Capital Group 8▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: R▇▇▇▇ ▇.
The General Partner shall also determine the Group Income Profits Entitlement and the Group Capital Profits Entitlement of a new Limited Partner (which may, in either or both cases, be zero).
FIRST SCHEDULE1 Limited Partner Capital Contribution Group Capital Profits Entitlement and Group Income Profits Entitlement Votes (clause 12.5) Chamarel £5,000 42.40% 1 ▇▇▇▇▇ ▇▇▇▇▇ £5,000 41.45% 1 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ £5,000 16.15% 1 ▇▇▇▇ ▇▇▇▇▇▇▇ £ Nil 0.00% 1 1 The information contained in this Schedule is current as at the date of this Agreement.
Admission of a person to be a Ordinary Member may be conditional upon such person contributing such amount of capital (and with such entitlements and obligations to share in Capital Profits and/or capital or income losses) as the Board of Directors determines as being required for the purposes of the LLP.
Immediately upon or within 30 days from the date of this agreement, MSAH shall have 100% of the beneficial interest of Hero Capital Profits Limited.