Flex Cap definition

Flex Cap means, as of any date of determination, $250,000, minus (i) the aggregate amount of Investments outstanding pursuant to Section 7.6(j), (ii) the aggregate amount of Indebtedness outstanding pursuant to Section 7.1(j) and (iii) the aggregate amount of Liens outstanding pursuant to Section 7.2(k), it being understood and agreed that a single transaction that could be categorized as more than one of clauses (i), (ii) or (iii) will not count multiple times for the purpose of calculating the Flex Cap.
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Examples of Flex Cap in a sentence

  • IMA FTVIPT Flex Cap Growth Securities (Amended and Restated) # 1198868 v.

  • This Agreement: IMA FTVIPT Flex Cap Growth Securities (Amended and Restated) # 1198868 v.

  • Fixed Account DCA Fixed Account 1 DCA Fixed Account 2 VIP Contrafund® Service Class 2 VIP Equity-Income Service Class 2 VIP Growth Service Class 2 VIP Index 500 Service Class 2 VIP Investment Grade Bond Service Class 2 VIP Mid Cap Service Class 2 ▇▇▇▇▇▇▇▇ Flex Cap Growth Class 2 Franklin Income Class 2 Franklin Rising Dividends Class 2 Franklin Small-Mid Cap Growth Class 2 Franklin U.

  • Those certain subordinated promissory notes issued by the Borrower to Granite Creek Flex Cap I, L.P. and its Affiliates, each dated the date hereof and any replacements thereof, in an aggregate principal amount of $8,500,000, on such terms and conditions as are acceptable to Agent in its sole discretion.

  • Costs, including the interest expense, of borrowing money; IMA FTVIPT Flex Cap Growth Securities (Amended and Restated) # 1198868 v.

  • FTVIPT/IMA Flex Cap Growth VIP The Adviser may, at its expense, also delegate to one or more entities some or all of the services for the Fund for which the Adviser is responsible under Section 2.C. of this Agreement.