Common Capital definition

Common Capital means, as of any date with respect to a Member, the portion of such Member's Capital Contribution designated as Common Capital opposite such Member's name on Schedule A.
Common Capital means, with respect to any Common Member, the balance in such Member’s Common Capital Account from time to time.
Common Capital. A Class A Partner’s initial Common Capital is reflected in Section 4.1(b).

Examples of Common Capital in a sentence

  • FOR VALUE RECEIVED, , an individual, hereby irrevocably assigns and conveys to , ( ) shares of the Common Capital Stock of Helmerich & ▇▇▇▇▇, Inc., a Delaware corporation, $.10 par value.

  • In addition, the Company shall distribute to each Common Member from such Member’s Common Capital Account as promptly as practicable after the end of each fiscal year an amount equal to the excess, if any, of such Common Member’s Proportionate Tax Share for such fiscal year over the aggregate amount of Quarterly Common Tax Distributions made to such Common Member with respect to such fiscal year.

  • Schedule 5.01 sets forth the names, Common Capital Accounts and Profit Participation Capital Accounts of the Members as of the date hereof.

  • There shall be established on the books and records of the Company a capital account for each Common Member (a “Common Capital Account”) and a capital account for each Profit Participation Member (a “Profit Participation Capital Account”; any of a Profit Participation Capital Account or a Common Capital Account, a “Capital Account”).

  • Each certificate representing shares of the Company's Common Capital Stock will bear a customary restrictive legend which states in effect that such shares have not been registered under the Securities Act of 1933 and consequently may not be transferred, assigned, sold or hypothecated unless registered under the Securities Act of 1933 or, in the opinion of Company's counsel, an exemption from the registration requirements of the Securities Act of 1933 is available for such transaction.

  • Such Schedule shall be deemed to be amended from time to time to reflect any change in the identity, Common Capital Accounts or Profit Participation Capital Accounts in accordance with this Agreement.

  • Upon execution of this Agreement each Member shall have the Preferred Capital and the Common Capital and shall be deemed to own the number of Preferred Units and Common Units set forth opposite such Member's name on Schedule A.

  • Each time there is an expansion there shall be a similar re-allotment of Capital Costs and Obligation commitments for Common Capital Components based on the new Water Allocation Table and a reimbursement to existing Project Participants for Capital Costs and Obligation commitments paid for Common Capital Components which benefit the expansion Project Participants.

  • The number of shares of the Company's Common Capital Stock that each Three Strikes' shareholder shall receive in exchange for his or her shares of Three Strikes' common stock are set forth as an Exhibit and attached hereto.

  • Each ___________ share of Three Strikes' common stock that shall be outstanding on the Closing Date and held by a Three Strikes shareholder shall be converted into _____________ fully paid and nonassessable shares of the Company's Common Capital Stock; provided, however, that the number of shares of the Company's Common Capital Stock into which shares of Three Strikes' common stock are to converted shall be rounded off to the nearest whole number of shares, and no fractional shares shall be issued.


More Definitions of Common Capital

Common Capital means the FUR Common Capital, the GMAC-CM Common Capital and the CFSC Common Capital.
Common Capital means that portion of a Partner's Capital Account not designated as such Partner's Preferred Amount.
Common Capital means, with respect to any Capital Member, an amount equal to the Capital Contributions (other than Preferred Equity Contributions prior to Conversion thereof) made or deemed to be made by such Capital Member (including Capital Contributions deemed to be made upon any Conversion pursuant to Section 3.8).
Common Capital shall have the meaning given thereto in the LLC #1 Agreement.

Related to Common Capital

  • Venture capital fund means a private fund that meets the definition of a venture capital fund in SEC Rule 203(l)-1, 17 C.F.R. § 275.203(l)-1.

  • Unreturned Capital means, with respect to any Unit, at any time, an amount equal to the excess, if any, of (i) the aggregate amount of Capital Contributions made with respect to such Unit, over (ii) the aggregate amount of Distributions made by the Company with respect to such Unit pursuant to Section 4.01(a)(ii) prior to such time.

  • Junior Capital and “Refinancing Indebtedness” and Subsection 8.8(b) to amend the maturity date and the weighted average life to maturity requirements, from the Initial Term Loan Maturity Date and remaining weighted average life to maturity of the Initial Term Loans to the extended maturity date and the remaining weighted average life to maturity of such Extended Term Tranche, as applicable and (iii) clause (iii) of the definition of “Additional Obligations” to provide for the applicable mandatory prepayment protections to apply to such Extended Term Tranche, and which, in each case, except to the extent expressly contemplated by the third to last sentence of this Subsection 2.10(c) and notwithstanding anything to the contrary set forth in Subsection 11.1, shall not require the consent of any Lender other than the Extending Lenders with respect to the Extended Term Tranches established thereby) executed by the Loan Parties, the Administrative Agent, and the Extending Lenders. No Extension Amendment shall provide for any Extended Term Tranche in an aggregate principal amount that is less than $5,000,000 (or such lower principal amount as agreed to by the Administrative Agent in its reasonable discretion). Notwithstanding anything to the contrary in this Agreement and without limiting the generality or applicability of Subsection 11.1 to any Subsection 2.10 Additional Amendments, any Extension Amendment may provide for additional terms and/or additional amendments other than those referred to or contemplated above (any such additional amendment, a “Subsection 2.10 Additional Amendment”) to this Agreement and the other Loan Documents; provided that such Subsection 2.10 Additional Amendments do not become effective prior to the time that such Subsection 2.10 Additional Amendments have been consented to (including pursuant to consents applicable to holders of any Extended Term Tranches provided for in any Extension Amendment) by such of the Lenders, Loan Parties and other parties (if any) as may be required in order for such Subsection 2.10 Additional Amendments to become effective in accordance with Subsection 11.1; provided, further, that no Extension Amendment may provide for any Extended Term Tranche to be secured by any Collateral or other assets of any Loan Party that does not also secure the Specified Existing Term Tranche. It is understood and agreed that each Lender has consented for all purposes requiring its consent, and shall at the effective time thereof be deemed to consent to each amendment to this Agreement and the other Loan Documents authorized by this Subsection 2.10 and the arrangements described above in connection therewith except that the foregoing shall not constitute a consent on behalf of any Lender to the terms of any Subsection 2.10

  • Parent Capital Stock means Parent Common Stock and Parent Preferred Stock.

  • Unit Capital means the aggregate of the face value of units issued under the scheme and outstanding for the time being.