Uncalled Capital Commitments definition

Uncalled Capital Commitments means the amount of any available uncalled capital commitments of the applicable entity that are payable in cash, are required to be contributed to such entity and that are callable on a current basis from any direct or indirect investor (whether foreign or domestic) that (i) is not subject to a proceeding under the Bankruptcy Code and (ii) is not in default under a material provision of their respective subscription agreements, limited partnership agreement of such entity or any other agreement related to the making of such capital contributions.

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Uncalled Capital Commitments means, in respect of any Guarantor, at any time, the remaining obligations of the Investors in such Guarantor to pay their Capital Commitments at such time.

Uncalled Capital Commitments means the cash amount of capital commitments of Guarantor that have not yet been called and (a) are required to be contributed to Guarantor by the constituent limited partners thereof pursuant to the investment fund constituent documents without having to comply with or satisfy any conditions precedent (other than notification that the required portion of their commitments are being called), excluding any portion of such commitment that expires within 30 days from the date of determination and (b) are made by institutional investors or “Accredited Investors” (as defined under the Securities Act of 1933) that (i) are not subject to a proceeding under the Bankruptcy Code (as defined below), (ii) are not in default under a material provision of their respective subscription agreements, (iii) are not disqualified investors under the respective subscription agreements, the limited partnership agreement of Guarantor or any other agreement relating to the making of such capital 12

Examples of Uncalled Capital Commitments in a sentence

• As of the Closing Date, all the Investors and their Capital Commitments and Uncalled Capital Commitments are set forth on Exhibit A.

• At all times, no less than ninety-five percent (95%) of HNW Investors, in the aggregate, shall have funded one-hundred percent (100%) of their Uncalled Capital Commitments into the applicable brokerage accounts of such HNW Investors held at Alliance ▇▇▇▇▇▇▇▇▇ to satisfy such HNW Investor’s obligation to fund Capital Contributions.

• Within three (3) Business Days following notification to the Investors of any Returned Capital, Borrower Parties shall: (i) notify Lender in writing of such Returned Capital; (ii) deliver to Lender a revised Borrowing Base Certificate reflecting the increase to the Uncalled Capital Commitments resulting from the Returned Capital; and (iii) deliver to Lender copies of all Capital Return Notices and a Capital Return Certification duly executed by the applicable Fund Party.

• No Fund shall either (i) transfer the Uncalled Capital Commitments of one or more Investors to any Alternative Investment Vehicle or Parallel Investment Vehicle, or (ii) cause Capital Contributions to be made to an Alternative Investment Vehicle or Parallel Investment Vehicle, in either case, unless such Alternative Investment Vehicle or Parallel Investment Vehicle has joined the Credit Facility as a Fund in accordance with Section 6.4.

• All the Investors are set forth on Exhibit A hereto and incorporated herein by reference (or on a revised Exhibit A delivered to the Administrative Agent pursuant to this Credit Agreement), and the true and correct Capital Commitment and Uncalled Capital Commitments of each Investor of such Fund is set forth on Exhibit A hereto (or on any such revised Exhibit A).

More Definitions of Uncalled Capital Commitments

Uncalled Capital Commitments means (i) the uncalled cash amount of capital commitments that are required to be contributed to Guarantor by its constituent limited partners pursuant to its organizational documents, less the aggregate amount of (A) any outstanding debt secured by such capital commitments (including, without limitation, any subscription credit line), (B) any such capital commitments that expire prior to one year after the Maturity Date, and (C) any such capital commitments from a Person that is in breach of its obligation to make capital commitments to Guarantor, is subject to a bankruptcy proceeding, or is otherwise not reasonably expected by Guarantor to comply with its funding obligations.

Uncalled Capital Commitments means subscribed, irrevocable and uncalled capital commitments in favor of Guarantor from Qualified Investors (it being understood that such Uncalled Capital Commitments shall not include any uncalled capital that is not available to support Guarantor’s investment in the Properties).

Uncalled Capital Commitments means current, unencumbered (except to the extent securing subscription lines, the outstanding amounts of which are deducted pursuant to the parenthetical below), irrevocable and callable uncalled capital commitments from investors in such Guarantor, other than capital commitments (less the amount then outstanding under subscription lines, if any, secured by such uncalled capital commitments) from any investor in any Guarantor that: (A) is in breach or otherwise in default on its obligations to make capital contributions to such Guarantor under the organizational documents of such Guarantor or any other agreement relating to the making of its capital contributions, or (B) is subject to a proceeding under the bankruptcy code.