Initial Capital Commitment definition

Initial Capital Commitment means, with respect to any Member, the amount as set forth opposite the name of such Member on Schedule A hereto under the heading "Initial Capital Commitment."
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Initial Capital Commitment has the meaning specified in Section 3.1 hereof.
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Initial Capital Commitment means, with respect to any Member, the initial amount of cash and the Agreed Value of the Contributed Assets which such Member has agreed to contribute to the Company in accordance with Section 4.l(a) and as specified in Exhibit A, which consists of the Tranche I Initial Capital Commitment and the Tranche 2 Initial Capital Commitment.
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Examples of Initial Capital Commitment in a sentence

  • Each of the Members has made or is concurrently making (i) an initial cash contribution to the capital of the Company and/or (ii) an initial advance of cash funds constituting Special Membership Interest Funds, in an aggregate amount equal to its Initial Capital Commitment on or before the Initial Capital Contribution Date.

  • KKR SPRE Information of the Fund Initial Capital Commitment Each of SOL HK and KKR SPRE has agreed to make (directly or through is affiliates) a capital commitment of USD70 million to the Fund on the closing of the Fund as limited partner.

  • The Members hereby acknowledge and agree that each Member’s Initial Capital Commitment shall be the only commitment of such Member with respect to the Initial Properties, and in no event shall either Member’s Initial Capital Commitment be used or called upon to fund the acquisition of, or any expenditures in connection with, any Eligible Opportunity or for any other reason other than as expressly set out herein with respect to the Initial Properties.

  • Morgans is making the Morgans Initial Capital Commitment for its own account with the present intention of holding its interests in Holdings for investment purposes and not with a view to or for sale in connection with any public distribution of such interests in violation of any federal or state securities laws.

  • The Financial Accounts shall reflect (i) the cash received with respect to Morningstar’s Initial Capital Commitment less $*** for the Company’s working capital needs; (ii) investment, reinvestment and distribution of Financial Accounts Assets; (iii) any Financial Accounts Profits and Financial Accounts Losses; (iv) liabilities directly related to Financial Accounts activities; and (v) reduced by any use of Financial Accounts Assets as provided in Section 4.7(c).

  • Officers of the Morgans Parties shall deliver to DLJMB an officers’ certificate confirming that the Morgans Initial Capital Commitment has been credited to the purchase price of the Acquisition.

  • Each of DLJMB and DLJMB LLC is making the DLJMB Initial Capital Commitment for its own account with the present intention of holding its interests in Holdings for investment purposes and not with a view to or for sale in connection with any public distribution of such interests in violation of any federal or state securities laws.

  • Under the Initial Commitment Letter, NMF SLF Investments I, L.L.C. was required to make capital contributions to purchase Shares at a specified time (subject to applicable cure periods) each time the Issuer delivered a drawdown notice, which were issued based on the Issuer’s anticipated investment activities and capital needs in an aggregate amount not to exceed the Initial Capital Commitment.

  • After the payment of the Initial Capital Commitment, the Partners may be required from time to time, in accordance with the terms hereof, to pay in cash the unfunded portion of the Commitment due to the Partnership.

  • All funds which SAU or Inland have agreed, or shall hereafter agree, to contribute to the Company hereunder, including, without limitation, the Initial Capital Commitment and the Additional Capital Commitment, as defined below, are referred to collectively as the “Capital Commitments”.


More Definitions of Initial Capital Commitment

Initial Capital Commitment means, with respect to each Member, the amount specified in Exhibit B as such Member’s Initial Capital Commitment.
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Initial Capital Commitment is defined in Section 7.1(b)(ii).
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Initial Capital Commitment means an amount equal to $13,193,123.
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Initial Capital Commitment means the amount set forth opposite the name of the Limited Partner on the signature page of this Agreement.
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Related to Initial Capital Commitment

  • Capital Commitment means, for any Borrower, the capital commitment of its Investors in the amount set forth in the applicable Subscription Agreements; “Capital Commitments” means all such Capital Commitments, collectively.

  • Initial Capital Contribution has the meaning set forth in Section 4.1.

  • Initial Commitment means, in relation to an Initial Senior Noteholder, the amount set out in the relevant Senior Noteholder Fee Letter.

  • initial capital or ‘Capital’: means the money that you initially subscribed to invest into the Plan.

  • Initial Capital Contributions has the meaning set forth in Section 3.01.

  • Additional Capital Contribution has the meaning set forth in Section 3.02.

  • Additional Capital Contributions shall have the meaning set forth in Section 5.3.

  • Incremental Commitment means an Incremental Term Loan Commitment or an Incremental Revolving Facility Commitment.

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Total Commitment means the sum of the Commitments of the Lenders.

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term A Commitment means, as to each Term A Lender, its obligation to make Term A Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term A Lender’s name on Schedule 2.01 under the caption “Term A Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term A Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Revolving Commitment Amount means $125,000,000, as reduced from time to time pursuant to Section 6.1.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Total Loan Commitment means as to any Lender the aggregate commitments of such Lender with respect to its Revolving Loan Commitment and Term Loan Commitment.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Swing Loan Commitment means PNC Bank’s commitment to make Swing Loans to the Borrower pursuant to Section 2.1.2 hereof in an aggregate principal amount up to $10,000,000.

  • Revolving Loan Commitment means the commitment of a Revolving Lender to make Revolving Loans to Company pursuant to subsection 2.1A(ii), and “Revolving Loan Commitments” means such commitments of all Revolving Lenders in the aggregate.