Unreturned Initial Capital definition

Unreturned Initial Capital means, for each Member, its Initial Capital, reduced by any distributions of Extraordinary Cash Flow made to such Member pursuant to Section 9.4(d) hereof.
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Unreturned Initial Capital with respect to a Partner means, as of any date of calculation, the aggregate amount of initial Cash Capital Contributions contributed by such Partner pursuant to Sections 2.2.1, 2.2.2 or 2.2.3 (from the date such Initial Cash Capital Contributions are deposited in the Partnership account), reduced by all distributions to such Partner with respect to such initial capital contributions pursuant to Section 5.1.2(b).
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Unreturned Initial Capital means the Class A Member Unreturned Initial Capital and/or the Class B Unreturned Initial Capital, as applicable. END OF EXHIBIT A EXHIBIT B TO OPERATING AGREEMENT OF CHRISTIANA CENTER OPERATING COMPANY I LLC PERCENTAGE INTERESTS PERCENTAGE MEMBER INTEREST ------ ---------- Class A Member 50% Class B Member 50% EXHIBIT C TO OPERATING AGREEMENT OF CHRISTIANA CENTER OPERATING COMPANY I LLC COPY OF CSC LEASE SCHEDULE 3.5.1 Class B Member Reimbursable Fees SCHEDULE 3.5.2 Class A Member Reimbursable Fees SCHEDULE 5.2.7 Brokerage or Leasing Fees on CSC Lease
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Examples of Unreturned Initial Capital in a sentence

  • It is the intention of the parties hereto that Section 2.6 shall not apply to, or in any way effect, a Member's Initial Capital, Additional Capital, Unreturned Initial Capital or Unreturned Additional Capital, which accounts are maintained for the purpose of distributions pursuant to Article 10 hereof.

  • If a Member fails to fund any of its Additional Initial Capital when and as required by this Section 4.5(a), the Non-Failing Member shall have an option to purchase the Failing Member’s Entire Interest for a purchase price equal to the Failing Member’s Unreturned Initial Capital and the outstanding principal balance of any Member Loans and Failing Member Loans made by the Failing Member by providing the Failing Member not less than ten (10) days’ prior, written notice of intent to exercise such option.


More Definitions of Unreturned Initial Capital

Unreturned Initial Capital means the Members’ aggregate Initial Capital Contributions less the aggregate distributions made to the Members pursuant to Sections 6.5(d)(ii) or 10.2(c) (without double counting in any respect).
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Unreturned Initial Capital means, with respect to each Member, the Capital Contribution by such Member pursuant to Section 3.1 less the cumulative distributions to such Member pursuant to Section 4.2.1 with respect to its Unreturned Initial Capital.
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