Catch-Up Date definition

Catch-Up Date means, for any LTIP Unit that initially has a Sharing Percentage that is less than 100%, the date (if any) on which such Sharing Percentage increases to 100%.
Catch-Up Date means the 60th day after deliver of the notice of the Agent's election to require payment under Section 3.1.2 or 3.1.3 above.
Catch-Up Date means each date subsequent to the Initial Drawdown Date on which Subscribers whose subscriptions are accepted on a Subsequent Closing Date are required, as determined by a Company in its sole discretion, to make capital contributions to purchase Shares.

Examples of Catch-Up Date in a sentence

  • Upon payment of the Catch-Up Purchase Price by a Common Unitholder on a Catch-Up Date and payment by other Common Unitholders of the requisite amount, the Fund shall issue to each such Additional Investor a number of Common Units determined by dividing (A) the Catch-Up Purchase Price for such Additional Investor by (B) the Per Unit Price for such Additional Investor as of a Catch-Up Date.

  • For the avoidance of doubt, in the event that the Catch-Up Date and a Drawdown Date occur on the same calendar day, such Catch-Up Date (and the application of the provisions of this Section 5.3(c)) shall be deemed to have occurred immediately prior to the relevant Drawdown Date.

  • For the avoidance of doubt, in the event that a Catch-Up Date and a Drawdown Date occur on the same calendar day, such Catch-Up Date (and the application of the provisions of this 3.3.2) shall be deemed to have occurred immediately prior to the relevant Drawdown Date.

  • Upon payment of the Adjusted Purchase Price by an applicable Common Unitholder on a Catch-Up Date, the Company shall issue to such Common Unitholder a number of Common Units determined by dividing (x) the Adjusted Purchase Price for such Common Unitholder by (y) the then-current NAV per Unit.

  • Upon payment of the Adjusted Purchase Price by an applicable Common Unitholder on a Catch-Up Date, the Company shall issue to such Common Unitholder a number of Common Units determined by dividing (x) the Adjusted Purchase Price for such Common Unitholder, minus the Organizational Expense Allocation by (y) the then-current NAV per Unit.


More Definitions of Catch-Up Date

Catch-Up Date means the date that is twenty-seven (27) months following the date hereof.
Catch-Up Date has the meaning set forth in Section 3.7(e).
Catch-Up Date as defined in Section 2.13(j).
Catch-Up Date as defined in Section 2.3(e).
Catch-Up Date means the first day following the Closing on which (1) all Past Due Interest and any accrued interest thereon shall have been paid in full, (2) all principal of and accrued interest on the Maintenance Obligation Note shall have been paid in full, (3) Deferred Omega Note Interest and interest thereon shall have been paid in full, and (4) all outstanding principal and interest on any Deferred Amendment Fee Note shall have been paid in full. If, after giving effect to the application of all Available Closing Cash paid by PHCM to Omega at Closing, all Post-December 31, 1999 Interest and all principal of, and accrued interest on, the Maintenance Obligation Note shall have been paid in full, the Closing Date shall be deemed to be the Catch-Up Date.
Catch-Up Date shall have the meaning specified in Subsection 2.06(7).
Catch-Up Date as defined in the Subscription Agreements.