New Capital Contributions definition

New Capital Contributions means any Capital Contributions made by a Member after December 10, 2015, but excluding any such Capital Contributions made by any Member to the extent they do not exceed the aggregate amount of Ordinary Distributions to such Member after December 10, 2015. For the avoidance of doubt, any assets acquired by the Company after December 10, 2015 by way of a merger, consolidation or similar transaction where the consideration therefor consists of new Membership Interests shall be treated as a New Capital Contribution made hereunder as of the date of such transaction.
View Source
New Capital Contributions means the contributions of new cash in Debtor in an amount required to pay, collectively, Allowed Administrative Claims and the payments specified herein to Class 2 by Participating Investors in connection with the Offering.
View Source

Examples of New Capital Contributions in a sentence

  • Each Original Partner shall contribute its share of the New Capital Contributions to the Reconstituted Partnership (based on Ownership Interests); provided that any such Original Partner, subject to the provisions for interest set forth in Section 2.6, may defer payment of such amounts until January 15, 1997, except for amounts due pursuant to the Fourth Restated Partnership Agreement which shall be paid when due under such agreement.

  • Within 15 Business Days after receipt of such notice, MTVN Sub shall provide written notice to RN Sub stating whether or not MTVN Sub agrees to such New Capital Contributions.

  • If MTVN Sub agrees to such New Capital Contributions, then Section 4.02(a) shall be amended to correspondingly increase each Member’s Contribution Cap, and such New Capital Contributions shall be treated as Additional Cash Contributions for all purposes hereunder.

  • If MTVN Sub does not agree to such New Capital Contributions, then RN Sub shall only be permitted to fund such New Capital Contributions in the form of an unsecured loan to the Company (a “Capital Loan”) on the terms set forth in Section 4.06(b).

  • Each New Partner shall contribute its share of the New Capital Contributions to the Reconstituted Partnership (based on its Ownership Interest); provided that any such New Partner, subject to the provisions for interest set forth in Section 2.6, may defer payment of such amounts until January 15, 1997.