Net Capital Contribution definition
Examples of Net Capital Contribution in a sentence
The General Partners shall, within 10 days of the effective date of such termination, purchase the Interest of the Investment Partnership in the Partnership and pay to the Investment Partnership an amount equal to its Net Capital Contribution.
The General Partner shall, within 10 days of the effective date of such termination, purchase the Interest of the Investment Partnership in the Partnership and pay to the Investment Partnership an amount equal to its Net Capital Contribution.
Transfers of assets and actions taken pursuant to Schedule 8 that are allocated to Liabilities that are assumed by AI shall not be treated as part of the Net Capital Contribution Amount under Section 4.1 of the Merger Agreement (such transfers to be set forth and separately identified and set forth on a schedule to be mutually agreed to by AI and AUSHC within 30 days after the Distribution Date).
If a Member is expelled from the Company for any reason other than as specified in the preceding sentence, the Company shall return that Member’s Net Capital Contribution, and, at the discretion of the Manager, may return all or any portion of his or her Administrative Fee, as promptly as is reasonably practicable following the Member’s delivery of fully executed Release Documents to the Company.
To the Members, pari passu, on a pro rata basis, ------ ---- ----- until each Member has received a ten percent (10%) interest (simple) on their Net Capital Contribution from time to time outstanding.