Examples of Contribution in Kind in a sentence
The Cash Manager shall record on each Partner’s Capital Account Ledger whether the relevant Capital Contribution was a Cash Capital Contribution or a Capital Contribution in Kind.
As consideration for this contribution, (i) the nominal value of each Share is increased from CHF 0.01 to CHF 10 and (ii) the Company issues a total of 198,077,418 fully paid up Shares with a par value of CHF 10 each to Garmin-Cayman, acting in its own name and for the account of the holders of common shares of Garmin-Cayman outstanding immediately prior to the completion of the Contribution in Kind Agreement.
As all gifts in Kind represent expenditure which the Forum would have had to incur; a notional expenditure charge is recorded equal to the value of the Contribution in Kind to the Forum.
All gifts in kind represent expenditure which the Forum would have had to incur; a notional expenditure charge is recorded equal to the value of the Contribution in Kind to the Forum.
Each sale of Loans and their Related Security by the Seller to the Fund in accordance with the terms of the Mortgage Sale Agreement shall constitute an Equity Contribution in Kind by the Seller (in its capacity as a Holder) of those Loans and their Related Security in an amount equal to: (a) the Outstanding Principal Balance of those Loans as at the relevant Assignment Date; minus (b) any cash payment made by the Fund for the Loans and their Related Security on that Assignment Date.