Unreturned Capital Contributions definition
Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital.
Unreturned Capital Contributions means, with respect to a Member, an amount (not less than zero) equal to the excess of such Member’s aggregate Capital Contributions as of the time of determination over the amount of cash and Gross Asset Value of property previously distributed to the Member prior to such time pursuant to Article III.
Unreturned Capital Contributions means, with respect to each Class A Member, at any time of determination, the aggregate amount of such Class A Member’s Capital Contributions less the amount of distributions received by such Class A Member (or its predecessors in interest) under Section 5.02(a) of this Agreement.
Examples of Unreturned Capital Contributions in a sentence
For its role as Manager, The Company shall pay to the Manager a fee equal to five percent (5%) of Unreturned Capital Contributions which shall be payable in twelve (12) installments, payable due to the Manager at the beginning of each month and calculated based on the Unreturned Capital Contributions for the previous month as adjusted by the Manager from time to time during the Fiscal Year.
More Definitions of Unreturned Capital Contributions
Unreturned Capital Contributions means, as to each Member, the aggregate Capital Contributions made to the Company by such Member minus the aggregate distributions of such Capital Contributions made to such Member from the Company pursuant to Sections 3.2(b) and 6.2(a)(ii) hereof.
Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital. Voluntary Transfer shall have the meaning set forth in Article 11.
Unreturned Capital Contributions means the proceeds to the Fund of all issuances of common shares, less all distributions by the Fund to the holders of common shares representing a return of capital.
Unreturned Capital Contributions means the aggregate Capital Contributions made by a Limited Partner to the Partnership, minus any and all distributions made by the Partnership to the Limited Partner under Section 6.2(a).
Unreturned Capital Contributions means the Capital Contributions (exclusive of any Senior Equity Capital Contributions) of each Member reduced by distributions on account of such Capital Contributions under Section 4.1(c).
Unreturned Capital Contributions means, (i) except as provided in clauses (ii) and (iii) below, with respect to a holder of its outstanding Preferred Units, the Capital Contributions of such holder in respect of its outstanding Preferred Units less any distribution of cash or property to such Member pursuant to Section 4.6 and Section 4.7(a), (ii) with respect to the Class D Preferred Units held by a Blocker, the Blocker Payment made by WBA Acquisition to acquire the Blocker Equities of such Blocker less any distribution of cash or property to such Blocker with respect to such Class D Preferred Units pursuant to Section 4.6 and Section 4.7(a), and (iii) with respect to Class A Preferred Units, Class B Preferred Units, and Class C Preferred Units held by a Blocker, the excess (if any) of (a) the product obtained by multiplying the Capital Contributions of such Blocker in respect of such Preferred Units by the percentage of the Blocker Equities of such Blocker that was not acquired by WBA Acquisition, less (b) the sum of any distribution of cash or property to such Blocker in respect to such Preferred Units pursuant to Section 4.6 and Section 4.7(a); provided, however, that any distribution pursuant to Section 4.6 shall not reduce Unreturned Capital Contributions to the extent that such distribution reduces any Tax Distribution under Section 4.5.
Unreturned Capital Contributions shall have the meaning ascribed to such term in Section 2.2(a) hereof.