Fixed Capital definition

Fixed Capital means the aggregate valuation, as determined by the Manager, of the Capital Contributions made in respect of Units issued hereunder as of the date of contribution to the Company by a Member.
View Source
Fixed Capital means the capital of the Firm which shall be contributed by the Members in accordance with Clause 6;
View Source
Fixed Capital means that capital which a company retains in the form of assets upon which the subscribed capital or other sum has been expended, and which assets either themselves produce income, independent of any further action by the company, or being retained by the company are made use of to produce income or gain profits;
View Source

Examples of Fixed Capital in a sentence

  • All Fixed Capital Requirements shall be advanced by Southern States, upon the recommendation of the general manager and the approval of the Board of Directors of Orange-Madison, provided that no year shall the amount committed for, or advanced with respect to, Fixed Capital Requirements exceed Orange-Madison's prior year depreciation expense associated with the Managed Assets.

  • As documented by Chapter 2023-239, Laws of Florida, Section 6, Specific Appropriation 2710, the Legislature, and the Governor appropriated $900,000.00 of Fixed Capital Outlay funds for construction of “Lake Panasoffkee Community Shelter.” 2710 GRANTS AND AIDS TO LOCAL GOVERNMENTS AND NONSTATE ENTITIES - FIXED CAPITAL OUTLAY EMERGENCY MANAGEMENT CRITICAL FACILITY NEEDS FROM GENERAL REVENUE FUND.

  • Any acquisition by Buyer of the Rolling Stock and/or the Dragline separately from the Fixed Capital Assets shall be structured as an asset purchase transaction.

  • For the avoidance of doubt, no portion of the Fixed Capital Expenditures Basket for the fiscal year ending December 31, 2020 or for the fiscal year ending December 31, 2021 shall be permitted to be carried over for expenditures in the next following year.

  • The consumption of fixed capital was unsteady in the period, and despite that the investment activity is over than 150 mil BGN in the 2007-2011 period, the Gross Fixed Capital Formation was not evenly distributed among the various agriculture sub-sectors.

  • Any such purchase and sale agreement shall include an indemnity by Seller, guaranteed by NACoal, to Buyer for any liabilities of the Fixed Capital Asset SPV that are unrelated to the Fixed Capital Assets and pre-date Buyer’s acquisition of the equity interests of the Fixed Capital Asset SPV.

  • No Member shall have the right to receive from the Company the Fixed Capital until the Company has dissolved and all liabilities have been settled (or until the Fixed Capital of the Company is reduced).

  • The Fixed Capital Adjustment will be equal to the difference between (a) $2,000,000, and (b) the Fixed Capital Expenditures.

  • The number of Units held by each Member, the Fixed Capital and the capital surplus will be recorded in the Company's statement of capital.

  • As at the Commencement Date the Members have contributed to the Fixed Capital in accordance with the sums shown against their respective names under the heading “As at the Commencement Date” in Part 1 of the Schedule.


More Definitions of Fixed Capital

Fixed Capital means the aggregate valuation, as determined by the Manager, of the Capital Contribution made in respect of Units issued hereunder as of the date of contribution to the Company by a Member.
View Source
Fixed Capital means that capital which a company retains in the form of assets-
View Source

Related to Fixed Capital

  • Consolidated Capital means the sum (without duplication) of (i) Consolidated Debt of the Borrower (without giving effect to the proviso in the definition of Consolidated Debt) and (ii) consolidated equity of all classes (whether common, preferred, mandatorily convertible preferred or preference) of the Borrower.

  • Fixed capital cost means the capital needed to provide all the depreciable components.

  • Adjusted Capital means the sum of (i) cumulative gross proceeds generated from issuances of the Shares (including the Company's distribution reinvestment plan), less (ii) distributions to investors that represent a return of capital and amounts paid for share repurchases pursuant to the Company's share repurchase program. For purposes of computing the Incentive Fee, the calculation methodology will look through derivatives or swaps as if the Company owned the reference assets directly. Therefore, net interest, if any, associated with a derivative or swap (which represents the difference between (i) the interest income and fees received in respect of the reference assets of the derivative or swap and (ii) the interest expense paid by the Company to the derivative or swap counterparty) will be included in the calculation of quarterly pre-incentive fee net investment income for purposes of the Incentive Fee. The calculation of the Incentive Fee for each quarter is as follows: · No Incentive Fee shall be payable to the Advisor in any calendar quarter in which the Company's pre-incentive fee net investment income does not exceed the preferred return rate of 1.50% (6.0% annualized) (the "Preferred Return") on Adjusted Capital. · 100% of the Company's pre-incentive fee net investment income, if any, that exceeds the Preferred Return, but is less than or equal to 1.715% in any calendar quarter (6.86% annualized) shall be payable to the Advisor. This portion of the Company's pre-incentive fee net investment income is referred to as the "catch-up." The "catch-up" provision is intended to provide the Advisor with an incentive fee of 12.5% on all of the Company's pre-incentive fee net investment income in any calendar quarter when the Company's pre-incentive fee net investment income reaches 1.715% in such calendar quarter (6.86% annualized). · 12.5% of the amount of the Company's pre-incentive fee net investment income, if any, that exceeds 1.715% in any calendar quarter (6.86% annualized) shall be payable to the Advisor once the Preferred Return is reached and the catch-up has been achieved (12.5% of the Company's pre-incentive fee net investment income thereafter shall be allocated to the Advisor).

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Consolidated Capitalization means, as of any date on which the amount thereof is to be determined, the sum of Consolidated Indebtedness plus Consolidated Net Worth.