Recallable Capital definition

Recallable Capital means, for any Investor, at any time, any amounts distributed to such Investor that are added back to such Investor’s Uncalled Capital Commitment and subject to recall as a Capital Contribution pursuant to the applicable Subscription Agreement.

Recallable Capital means distributed capital or deemed distributions permitted to be recalled from an Investor pursuant to the Constituent Document of the applicable Fund.

Recallable Capital means, with respect to any Member as of any date, an amount equal to the sum of distributions made or deemed made to such Member pursuant to Article IV that, in the discretion of the Managing Member: (i) are required to satisfy any indemnification, reimbursement, contribution or similar obligation of the Company (including any obligation resulting from applicable law) or any other expense or obligation of the Company, including repayment of indebtedness; (ii) are subject to recall or reimbursement from or recontribution by the Company or (iii) are returned to such Member without having been allocated by the Company to Portfolio Assets.

Examples of Recallable Capital in a sentence

• Promptly after the delivery to any Investor, notice of any distribution to any Investor that is Recallable Capital (it being agreed that any amounts distributed to any Investor constituting Recallable Capital shall be acknowledged by the Borrowers as being subject to recall as a Capital Contribution pursuant to the applicable Subscription Agreement) along with a revised Borrowing Base Certificate.

• Further Recallable Capital Grants were obtained in 2010/11 and 2011/12 to assist with the financing of the Pathology Redevelopment Stage 2 project.

• Any Member acquiring all or a portion of the interest of another Member in the Company, pursuant to Section 3.4.2 or otherwise, shall be deemed for all purposes of Article V to have, as a result, increased its Capital Commitment and Available Commitment (including Recallable Capital) by the portion of the Capital Commitment and Available Commitment (including Recallable Capital) of the transferring Member allocable to such acquired interest.

• Recallable Capital: Funds may return some capital to LPs under conditions set within the LPA to the extent that it is capable of being recalled during an agreed time period.

• An additional Recallable Capital Grant of $3.0 million was obtained in 2013/14 to assist in the financing of the Radiology Redevelopment project.

• Note 22 - Contingent Assets and Contingent LiabilitiesAlfred Health had contingent liabilities at 30 June 2010 in respect of: Parent Entity 2010$‘000Parent Entity 2009$‘000Consol’d2010$‘000Consol’d2009$‘000Quantifiable:Other – Recallable Capital Grant (iii) 2,500 3,500 2,500 3,500Total Quantifiable Liabilities2,5003,5002,5003,500 (i) ClaimsA claim for unspecified damages was lodged during the prior year by a former employee.

• Note 23: Contingent Liabilities Details of estimates of maximum amounts of contingent liabilities are as follows: Total 2010Total 2009 $000$000Contingent LiabilitiesQuantifiable Other - Recallable Capital Grant2,9002,900Total Quantifiable Liabilities2,9002,900 Austin Health obtained a Recallable Capital Grant during the 2008/09 financial year from the Department of Human Services to assist with the financing of the Medical Scanning project.

• Alfred Health obtained a Recallable Capital Grant during 2008/09 financial year from the Department of Health to assist with the financing of the Medical Scanning project.

• Recallable Capital – Refers to distributions made by the GP of a given fund, in which the GP states that some or all of the distribution can be recalled at a later date.

More Definitions of Recallable Capital

Recallable Capital means any amount distributed to a Limited Partner that may be recalled under an LPA, which has been set forth as “Recallable Capital” on an updated Borrowing Base Certificate provided to the Lender.

Recallable Capital means, for any Member, at any time, any amounts returned to such Member pursuant to the Operating Agreement that are actually added back to such Member’s Unfunded Capital Commitment and subject to drawdown as a Capital Contribution pursuant to the Operating Agreement without any condition, limitation, expiration, sunset or termination of any kind, so long as such amounts have been identified as “Recallable Capital” with respect to such Member in a Borrowing Base Certificate delivered or a certificate of signed by a Responsible Officer delivered to Administrative Agent; provided, that the failure of Investment Manager to provide such certified information shall result in the exclusion of such amount from “Recallable Capital” until such information is received or unless Administrative Agent otherwise agree to include such amount.

Recallable Capital means the portion of the returns that can be recalled in accordance with the fund’s rules.

Recallable Capital means any amount distributed to an Investor that may be recalled under the Fund Documents, and which has been set forth as “Recallable Capital” on an updated Borrowing Base Certificate provided to the Administrative Agent. “Required Lenders” means Lenders (excluding Defaulting Lenders) holding more than 50% of the outstanding Loans (excluding Loans held by Defaulting Lenders) on any date of determination. “REIT” means a real estate investment trust qualified as such under Sections 856 through 860 of the Internal Revenue Code and the regulations promulgated thereunder. “Side Letter” means each executed side letter that amends or supplements an Investor’s Subscription Document or other Operative Document of the Guarantor. “Subscription Document” means each executed subscription agreement (including all attachments) documenting an Investor’s interest in a Guarantor, each Side Letter, and documentation of each Investor transfer, repurchase or redemption. “Tax Distribution Notice” means a written notice setting forth, to the Administrative Agent’s reasonable satisfaction, the calculation of any Permitted REIT Distribution and certifying that such Borrower Party remains a REIT. “Term SOFR” means the 1 month forward-looking term SOFR rate published by CME Group (xxxxx://xxx.xxxxxxxx.xxx) two SIFMA trading days prior to each Interest Rate Reset Period.

Recallable Capital means (i) all or any portion of any Capital Contributions that have been returned to the Members by the Managing Member which is not invested in an Investment or used to pay Company Expenses or Organizational Expenses; or (ii) any capital distributable to the Members in accordance with this Agreement prior to the end of the Capital Call Period.

Recallable Capital means, with respect to any Member as of any date, the sum of distributions made or deemed made to such Member pursuant to Section 5.1 that, in the discretion of the Board of Directors: (i) are required to satisfy any indemnification, reimbursement, contribution or similar obligation of the Company or the Operating Company (including any obligation resulting from applicable law) or any other expense or obligation of the Company or the Operating Company, including repayment of indebtedness; (ii) are subject to recall or reimbursement from or recontribution by the Operating Company; (iii) are Balancing Distributions (other than Additional Amounts); or (iv) are returned to such Member without having been allocated by the Operating Company to Portfolio Assets.