Capital Interest definition

Capital Interest means the proportion that a Member's positive Capital Account bears to the aggregate positive Capital Accounts of all Members whose Capital Accounts have positive balances as may be adjusted from time to time.

Capital Interest means, with respect to any Joint Venture, the ratio of (i) Borrower’s contribution to the capital of such Joint Venture to (ii) the aggregate amount of all contributions to the capital of such Joint Venture.

Capital Interest means the fair market value as of the date contributed of a member's capital contribution as adjusted for any additional capital contributions or withdrawals;

Examples of Capital Interest in a sentence

• The Capital Interest of a contributing Member or Members shall be adjusted such that each Member will have an amount of Membership Units, which bears the same relationship to total outstanding Membership Units as the aggregate capital contributions of all Members, as such capital contributions are reflected in each Member’s Capital Account.

• In the event a Member is Debarred by the U.S. Government, the Member will be treated as having withdrawn from the Company with the consent of the other Members under Section 13.4, and the only obligation of the Company to Debarred Member shall be the redemption by the Company to the withdrawing Member of its Capital Interest existing at the time of such withdrawal for a purchase price equal to the positive balance, if any, in such Member’s Capital Account.

• Notwithstanding the reduction in payment described in the preceding sentence, the Capital Interest of the withdrawing Partner shall be charged with the full amount of the reserve so allocated to it.

• The Borrower shall duly and punctually pay Capital, Interest, Fees and all other amounts payable by the Borrower hereunder in accordance with the terms of this Agreement.

• The Partnership shall pay to such Limited Partner, in cash, a redemption price for such Limited Partner’s entire Capital Interest equal to the amount of the Capital Account and the amount of the Unrealized Profit and Loss Account maintained for such Limited Partner, valued as of the date of redemption, less any amount allocable to the General Partner pursuant to Section 503, calculated as provided in Section 305(d) as if the redemption were a complete withdrawal.

More Definitions of Capital Interest

Capital Interest means the General Partner’s Interest, if any, other than its Carried Interest.

Capital Interest. Means with respect to each Member, the proportion that such Member’s aggregate Unrecovered Capital Contribution bears to the total Unrecovered Capital Contributions of all Members.

Capital Interest means the fair market value as of the

Capital Interest means each of NGP I’s and NGP II’s (and their respective successors’ and assigns’) membership interest in the Company, with the rights and obligations specified in this Agreement.

Capital Interest means Rice Energy’s (and its successors’ and assigns’) membership interest in the Company, with the rights and obligations specified in this Agreement.

Capital Interest has the meaning set forth in this Annex A under the term “Equity Securities”.

Capital Interest is defined in Section 4.1(a).