Maximum Capital Commitment definition

Maximum Capital Commitment has the meaning given in Clause 15.2;
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Maximum Capital Commitment means, with respect to a Limited Partner, (1) the maximum amount of such Limited Partner’s Capital Commitment as set forth in the Limited
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Examples of Maximum Capital Commitment in a sentence

  • IHP shall advance funds to the Company up to the IHP Maximum Capital Commitment (collectively hereafter the “Funds”) in the manner and for the purposes set forth herein.

  • In no event shall the General Partner modify a Limited Partner’s Maximum Capital Commitment without the written consent of such Limited Partner.

  • IHP’s Maximum Capital Commitment pursuant to Section 2.02(a) of the Agreement is hereby increased from […***…] and TNHC’s Maximum Capital Commitment pursuant to Section 2.02(b) of the Agreement is hereby increased from […***…] to […***…].

  • Upon a decrease in MP’s Maximum Capital Commitment pursuant to Section 2.02(a) above, TNHC’s Maximum Capital Commitment shall decrease by a proportionate amount.

  • TNHC’s Unrecovered Capital Account shall be credited with amounts funded by it towards TNHC’s Maximum Capital Commitment in accordance with Section 2.02(b) below as well as any Additional Capital and Senior Capital funded by it as herein provided.

  • Once TNHC’s Unrecovered Capital Account has been reduced to such level, its Maximum Capital Commitment shall be reduced to […***…].

  • Such capital shall be contributed in accordance with the requirements of the Agreement; sixty-five percent (65%) by IHP and thirty-five percent (35%) by TNHC until IHP has contributed its Maximum Capital Commitment at which time TNHC shall contribute the required capital up to its Maximum Capital Commitment.

  • Pursuant to the First Amendment, IHP’s Maximum Capital Commitment pursuant to Section 2.02(a) of the Agreement was increased from Twenty-Five Million Dollars ($25,000,000) to Fifty Million Dollars ($50,000,000) and TNHC’s Maximum Capital Commitment pursuant to Section 2.02(b) of the Agreement was increased from Thirteen Million Four Hundred Fifty Thousand Dollars ($13,450,000) to Forty-Three Million Dollars ($43,000,000).

  • Such increased amounts of IHP’s Maximum Capital Commitment and TNHC’s Maximum Capital Commitment are considered Base Capital.

  • Each Subscription Notice shall be irrevocable and shall set forth the amount of new Limited Partnership Interests such Limited Partner desires to purchase or add to its Maximum Capital Commitment such Limited Partner desires to make in connection with such Preemptive Notice.