Committed Capital definition
Examples of Committed Capital in a sentence
The Call Notice will contain the Call Amount, a date by which the Members must pay their portion of the Call Amount, and the amount of Unfunded Committed Capital each notified Member owes.
This is calculated by taking the total Call Amount divided by the total Unfunded Committed Capital, multiplied by the Members Unfunded Committed Capital All calculations are based as of the date the Call Notice is sent to Members.
Each Member with Unfunded Committed Capital is under an obligation to pay their pro rata share of the Call Amount as of the date of the Call Notice.
The Call Amount shall be for a fixed amount and may not exceed the total outstanding Unfunded Committed Capital for all Members.
During the investment period, the Fund Management Fee will be charged on Committed Capital; thereafter on remaining Net Invested Capital.