Non-Cuming Capital Contribution means, with respect to any Member, the amount of money and the Fair Market Value of property contributed to the LLC with respect to any Class A-2 Unit or Class B-2 Unit issued pursuant to Section 3.1 hereof.
Additional Capital Contribution has the meaning set forth in Section 3.02.
Initial Capital Contribution has the meaning set forth in Section 4.1.
Additional Capital Contributions shall have the meaning set forth in Section 5.3.
Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital.
Initial Capital Contributions has the meaning set forth in Section 3.01.
Capital Contribution means any cash, cash equivalents or the Net Agreed Value of Contributed Property that a Partner contributes to the Partnership.
Capital Contributions means, with respect to any Member, the amount of money (US Dollars) and the initial Gross Asset Value of any assets or property (other than money) contributed by the Member (or such Member’s predecessor in interest) to the Company (net of liabilities secured by such contributed property that the Company is considered to assume or take subject to under Code Section 752) with respect to the Units in the Company held or purchased by such Member, including additional Capital Contributions.
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Working Capital Escrow Amount means $2,000,000.
Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1 of the Agreement.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.
Cash Contribution refers to a direct payment of Contribution in Canadian currency.
Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).
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.
Capital Distribution means, with respect to any Person, a payment made, liability incurred or other consideration given for the purchase, acquisition, repurchase, redemption or retirement of any Equity Interest of such Person or as a dividend, return of capital or other distribution in respect of any of such Person’s Equity Interests.
Working Capital Units shall have the meaning given in the Recitals hereto.
Working Capital Assets has the meaning as set forth in the Recitals of this Agreement.
Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.
Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.
Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.
Working Capital Amount shall have the meaning specified in Section 3.4(e).