Committed Capital definition
Committed Capital means $20,837,637.00 for 14,129,250 Class A Capital Units to be issued with respect to Members receiving Class A Capital Units in the Reorganization, and, with respect to any additional Members, the purchase price of the Capital Units subscribed for in any subsequent offering pursuant to a subscription agreement that has been accepted by the Company, regardless of whether such purchase price has been fully paid.
Committed Capital means any commitment pursuant to which an investor is obliged, within the time frame laid down in the rules or instruments of incorporation of the qualifying venture capital fund, to acquire an interest in, or to make capital contributions to, that fund;
Committed Capital means, at any point in time, the total amount of money committed to a special purpose vehicle by an investor in terms of regulation 20(b)(i) pursuant to a subscription agreement, and “capital commitment” has that meaning;
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.
More Definitions of Committed Capital
Committed Capital means $50,000,000.00.
Committed Capital as to any Parent at any time, the aggre- gate amount of cash contributions then committed and available to be made by such Parent or its Affiliates pursuant to the Capital Contri- bution Agreement.
Committed Capital. (i) As to any Partner, the sum of (A) the Partnership’s total equity capital multiplied by a fraction, the numerator of which is the total number of Units held by such Partner and the denominator of which is the total number of Units outstanding plus, prior to the termination of the Investment Period, (B) the Unfunded Commitment of such Partner, (ii) as to any Fund Investor, the Fund’s total equity capital multiplied by the percentage of the Fund’s total equity capital attributed to the equity interests held by such Fund Investor in the Partnership and any Operating Company plus the amount of any additional capital that such Fund Investor is obligated to contribute, but has not yet contributed, to the Partnership or any Operating Company, (iii) as to the Partnership, the aggregate of the Committed Capital of all Partners and (iv) as to the Fund, the aggregate of the Committed Capital of all Fund Investors.
Committed Capital means the sum of the fixed amounts of money that accredited investors have obligated for investment in a New Mexico private equity fund and which fixed amounts may be invested in that fund on one or more payments over time; and
Committed Capital means any commitment pursuant to which a person is obligated to acquire an interest in the venture capital fund or make capital contributions to the venture capital fund;
Committed Capital means, for a Member, on a given date, the sum of (1) the Capital Contribution Balance of such Member through such date and (2) the principal and accrued interest (provided, that for purposes of this definition, accrued interest shall be accrued only on the first day of each Fiscal Month) owed to such Member under any Member Debt Financing outstanding on such date.
Committed Capital means any commitment pursuant to which a person is obligated to acquire an interest in the EuSEF or make capital contributions to the EuSEF;