Specified Capital Contribution definition

Specified Capital Contribution has the meaning set forth in Section 8.4.
Specified Capital Contribution means a Capital Contribution that is funded by an Investor with the proceeds of a redemption or withdrawal by such Investor of all or a portion of such Investor’s interest in an affiliate of Borrower or the Adviser (including, without limitation, hedge funds controlled or managed by any affiliate of the foregoing); provided, that such Capital Contribution shall be received in immediately available funds in the Capital Contribution Account (as such term is defined in the Security Agreement) within 30 days of the date when such Capital Contribution is otherwise due.
Specified Capital Contribution as defined in Section 10.1.14 hereof.

Examples of Specified Capital Contribution in a sentence

  • Such Specified Capital Contribution shall be applied to the US Revolver Loans (or, to the extent that the US Revolver Loans have been reduced to zero, to US Obligors’ operating account).

  • Such Specified Capital Contribution shall be applied to the ABL Revolver Loans of the US Borrowers (or, to the extent that such ABL Revolver Loans have been reduced to zero, to the US Obligors’ operating account) and, for the avoidance of doubt, shall not be required to be applied to the US Term Loans pursuant to Section 5.3.7 of the Term Loan Agreement.

  • If the Company is required to obtain a Specified Capital Contribution under the Credit Agreement at any time prior to the Maturity Date, the Company may request in writing that the Holder lend the Company $2,000,000 on the terms contained herein (the “Funding Request”).


More Definitions of Specified Capital Contribution

Specified Capital Contribution each capital contribution made by Borrower to UniStar in accordance with the terms of SUBSECTION 8.2.4(B) hereof Specified Permitted Investments - loans made by Borrower to or investments made by Borrower in one or more entities acting as distributors of Borrower's products, not to exceed an aggregate amount outstanding at any time in excess of $6,000,000. Specified Reserve - a reserve in the amount of $6,000,000 against the amount of Revolving Credit Loans which Borrower may request under the Agreement, which such reserve shall be reduced to zero ($0) upon Borrower's making of the Specified Capital Contribution upon consummation of the Spinoff. Spinoff - the distribution of capital stock of UniStar to and/or the rights to purchase capital stock of UniStar by Borrower's shareholders. Subsidiary - any corporation or limited liability company of which a Person owns, directly or indirectly through one or more intermediaries, more than 50% of the Voting Stock at the time of determination and each direct and indirect Subsidiary of such Person. Subsidiary Stock - all of the issued and outstanding shares of stock owned by Borrower or any Subsidiary of Borrower of any of its Subsidiaries.

Related to Specified Capital Contribution

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Capital Contribution means any cash, cash equivalents or the Net Agreed Value of Contributed Property that a Partner contributes to the Partnership.