Unreturned Contributions definition

Unreturned Contributions means, with respect to a Member, an amount equal to such Member’s cash contributions to the equity capital of the Company that are credited to such Member’s Capital Account, less any distributions to such Member in excess of such Member’s cumulative share of Profits.
Unreturned Contributions of a Member at any time means the excess, if any, of (a) the aggregate amount of Contributions in money or property by such Member through such time, over (b) the aggregate amount Distributed to such Member pursuant to Section 6.6(a)(i) through such time.
Unreturned Contributions with respect to the Class A Preferred Shares shall mean the excess of (i) the Total Initial Contributions made with respect to such Shares, as set forth on Schedule A. over (ii) the distributions in excess of the accumulated, unpaid Preferred Return, with respect to such Class A Preferred Shares.

Examples of Unreturned Contributions in a sentence

  • Preferred Member Dividends: Each Preferred Membership Interest is entitled to quarterly dividends at a rate equal to LIBOR plus 6.50% per annum (subject to a LIBOR floor of 1.5% per annum) of the Unreturned Contributions associated with their Preferred Membership Interest.

  • Unreturned Contributions: With respect to any Member in respect of each class such Member holds, an amount equal to the excess, if any, of (a) the aggregate contributions of such Member over (b) the aggregate amount distributed to such Member from Proceeds (other than amounts paid in respect of dividends to such Member).

  • Second, one-hundred percent (100%) to the payment of Fund expenses; and Thereafter, one-hundred percent (100%) to the Common Members, which amounts shall be distributed among the Common Members pro rata based on their respective Unreturned Contributions or, if the Unreturned Contributions of the Common Members equal zero, pro rata based on the respective Commitments of such Common Members in their capacities as Preferred Members with respect to Preferred Membership Interest.

  • Each Preferred Membership Interest will entitle the holder thereof to quarterly dividends at a rate equal to LIBOR plus 6.50% per annum (subject to a minimum LIBOR value for this purpose of 1.5% per annum) of the Unreturned Contributions associated with such Preferred Membership Interest.

  • The Class A Preferred Shares shall bear a preferred rate of return of 6% per annum of the Unreturned Contributions (as defined below) with respect to such Class A Preferred Shares, which shall compound annually (the “Preferred Return”) and shall be payable only on a redemption of such Shares pursuant to this Section 2.12 and not in any other circumstances.

  • All closing costs listed on said Exhibit will be treated as additional Capital Contributions and will increase the Unreturned Contributions of each Member (each Member's Contribution for such closing costs being referred to herein as the "AEW Member's Closing Cost Contribution" or the "Sunrise Member's Closing Cost Contribution," as applicable).

  • The amounts of any Priority Guaranteed Payments (including the amount of any Unpaid Priority Guaranteed Payments) paid or accrued with respect to the Unreturned Contributions of a Member shall be considered to be "guaranteed payments" within the meaning of Code Section 707(c).

  • Upon such time as the Loans Fees are refunded to the Company, same shall be returned to the Members, pro rata, and will reduce each Member's Unreturned Contributions accordingly.


More Definitions of Unreturned Contributions

Unreturned Contributions means, at any point in time, for any Member, the excess of (i) the aggregate amount of Contributions by such Member over (ii) the aggregate amount distributed to such Member pursuant to (i) in the case of the AEW Member, Section 5.3.1(b) and 5.3.2(b), and (ii) in the case of the Sunrise Member, Sections 5.3.1(b), 5.3.1(c) and 5.3.2(b).
Unreturned Contributions. A sub-account to each Partners' Capital Account will be maintained by the Partnership for each partner which will be credited with all contributions, including the Capital Contribution by each Partner. These sub-accounts are referred to in this Agreement as "Unreturned Contributions". The Unreturned Contribution for a Partner will be reduced by any distribution to the Partner pursuant to section 3.3 of this Agreement.
Unreturned Contributions means, with respect to a Partner, the aggregate amount of such Partner’s Funded Contributions, minus the aggregate amount of all distributions made to such Partner pursuant to Section 3.1(c) and 7.7(c) (other than interest amounts payable pursuant to Section 7.7(c)).

Related to Unreturned Contributions

  • Unreturned Capital Contributions means all Capital Contributions made by a Class A Member less any returned capital.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Cash contributions means the re- cipient’s cash outlay, including the outlay of money contributed to the re- cipient by third parties.

  • After-Tax Contributions means amounts withheld from an Employee's Compensation pursuant to a Salary Reduction Agreement after all applicable state and federal taxes have been deducted. Such amounts are withheld for purposes of purchasing one or more of the Benefit Package Options available under the Plan.

  • Accumulated contributions means the sum of all

  • In-kind contributions means services and goods as approved by the department that are provided by a grant recipient toward completion of a department-approved local snowmobile program under section 82107.

  • Contribution Amounts the aggregate amount of capital contributions applied by the Borrower to permit the Incurrence of Contribution Indebtedness pursuant to Subsection 8.1(b)(xi).

  • 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.

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • Member contributions means all amounts paid to ASRS by a member.

  • Initial Capital Contributions has the meaning set forth in Section 3.01.

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Unreturned Capital means, with respect to any Unit, at any time, an amount equal to the excess, if any, of (i) the aggregate amount of Capital Contributions made with respect to such Unit, over (ii) the aggregate amount of Distributions made by the Company with respect to such Unit pursuant to Section 4.01(a)(ii) prior to such time.

  • Regular contributions means the amounts required to be

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.

  • Contribution Amount has the meaning given in subsection 444-90(1A) in Schedule 1 of the Australian Taxation Administration Act 1953 (Cth).

  • Additional Capital Contributions shall have the meaning set forth in Section 5.3.

  • Initial Contribution means that contribution each Participant has made or agrees to make pursuant to Section 5.1 of the Agreement.

  • Additional contributions means contributions made by a member of a defined benefit plan to

  • Defined Contribution Fraction means a fraction the numerator of which is the sum of the Annual Additions to the Participant's account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation years (including the Annual Additions attributable to the Participant's nondeductible voluntary contributions to this and all the defined benefit plans (whether or not terminated) maintained by the Employer and the Annual Additions attributable to all welfare benefit funds, as defined in section 419(e) of the Code or individual medical accounts, as defined in section 415(1)(2) of the Code, or a simplified employee pension, as defined in section 408(k) of the Code, maintained by the Employer), and the denominator of which is the sum of the Maximum Aggregate Amounts for the current and all prior Limitation Years of Service with the Employer (regardless of whether a defined contribution plan was maintained by the Employer). The Maximum Aggregate Amount in any Limitation Year is the lesser of one hundred twenty-five percent (125%) of the dollar limitation determined under Sections 415(b) and (d) of the Code in effect under section 415(c)(1)(A) of the Code or thirty-five percent (35%) of the Participant's Compensation for such year. If the Employee was a Participant as of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed one (1.0) times under the terms of this Plan. Under the adjustment, an amount equal to the product of (a) the excess of the sum of the fractions over 1.0 times (b) the denominator of this fraction will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and condition of the Plans made after May 5, 1986, but using the limitation of section 415 of the Code applicable to the first Limitation Year beginning on or after January 1, 1987. The Annual Additions for any Limitation Year beginning before January 1, 1987 shall not be recomputed to treat all Employee contributions as Annual Additions.

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Contributions means the payroll deductions and other additional payments specifically provided for in the Offering that a Participant contributes to fund the exercise of a Purchase Right. A Participant may make additional payments into his or her account if specifically provided for in the Offering, and then only if the Participant has not already had the maximum permitted amount withheld during the Offering through payroll deductions.