Capital Surplus definition

Capital Surplus has the meaning assigned to such term in Section 6.3(a).

Capital Surplus means Available Cash distributed by the Partnership in excess of Operating Surplus, as described in Section 6.3(a).

Capital Surplus means the total of:

Examples of Capital Surplus in a sentence

• Available Cash that is deemed to be Capital Surplus shall then be distributed (A) to the General Partner in accordance with its Percentage Interest and (B) to all Unitholders holding Common Units, Pro Rata, a percentage equal to 100% less the General Partner’s Percentage Interest, until there has been distributed in respect of each Common Unit then Outstanding an amount equal to the Cumulative Common Unit Arrearage.

• Available Cash that is deemed to be Capital Surplus shall then be distributed 98% to all Unitholders holding Common Units, Pro Rata, and 2% to the General Partner, until there has been distributed in respect of each Common Unit then Outstanding an amount equal to the Cumulative Common Unit Arrearage.

• Any remaining amounts of Available Cash distributed by the Partnership on such date shall, except as otherwise provided in Section 6.5, be deemed to be "Capital Surplus." All distributions required to be made under this Agreement shall be made subject to Section 17-607 of the Delaware Act.

• Government transfers in the form of, or designated for the purchase of nondepreciable operating property shall be included in account 796, Other Capital Surplus in the manner described in the text of that account.

• Available Cash that is deemed to be Capital Surplus pursuant to the provisions of Section 6.3(a) shall be distributed, unless the provisions of Section 6.3 require otherwise, to the General Partner and the Unitholders, Pro Rata, until a hypothetical holder of a Common Unit acquired on the Closing Date has received with respect to such Common Unit distributions of Available Cash that are deemed to be Capital Surplus in an aggregate amount equal to the Initial Unit Price.

More Definitions of Capital Surplus

Capital Surplus means the entire surplus of a corporation other than its earned

Capital Surplus means Available Cash distributed by the Partnership in excess of Operating Surplus.

Capital Surplus means the total of surplus as reportable in the bank’s Re- ports of Condition and Income and sur- plus on perpetual preferred stock.

Capital Surplus means the total of those accounts reflecting:

Capital Surplus means Available Cash distributed by the Company in excess of Operating Surplus, as described in Section 6.3(a).

Capital Surplus means the total of surplus as reportable in the bank's Reports of Condition and Income and surplus on perpetual preferred stock.

Capital Surplus means any remaining amounts of Available Cash distributed by the Partnership on an applicable date other than amounts deemed to be from Operating Surplus.