Unpaid Capital Commitment. As to any Partner as of any date, an amount equal to:
Unpaid Capital Commitment means, as to any Guarantor, with respect to any Partner of such Guarantor, such Partner's Capital Commitment less such Partner's Capital Contribution.
Unpaid Capital Commitment means, with respect to any Partner as of any date, an amount equal to (a) the Capital Commitment of such Partner as of such date, minus (b) the aggregate amount of capital contributions made by such Partner to the Partnership on or prior to such date pursuant to Section 5.1(a)(i) or (ii), plus (c) any amounts of Capital Proceeds distributed to the Partner, other than a Partner whose Capital Commitment has been reduced to zero, to the extent that when such amounts were received by the Partnership, it increased the Partnership’s “Unfunded Capital Commitment” (as defined in the Fund Partnership Agreement) and plus or minus, as the case may be, (d) any adjustments to such Partner’s Unpaid Capital Commitment on or prior to such date pursuant to Section 5.1 (to the extent applicable).
Examples of Unpaid Capital Commitment in a sentence
Any additional amounts called for pursuant to this Section 3.2(b) shall be made by each such Limited Partner in an amount which bears the same ratio to the aggregate of the additional amounts payable by all such Limited Partners as such Limited Partner’s Unpaid Capital Commitment bears to the Unpaid Capital Commitments of all such Limited Partners; provided that no Limited Partner shall be obligated to contribute an amount in excess of such Limited Partner’s Unpaid Capital Commitment.
Additional Amounts so distributed will not be added to a Partner’s Unpaid Capital Commitment.
For the avoidance of doubt, any amounts contributed by a Limited Partner in respect of a co- investment opportunity shall not reduce the Unpaid Capital Commitment of such Limited Partner.
Has a personal net worth of not less than $2 million, exclusive of the value of the equity in Guarantor’s most valuable residence, which net worth is at least ten times the amount of the Unpaid Capital Commitment.
Any amount so contributed by a Partner shall reduce such Partner’s Unpaid Capital Commitment.
More Definitions of Unpaid Capital Commitment
Unpaid Capital Commitment means, with respect to any Member, the amount by which (i) the sum of (1) such Member's Capital Commitment and (2) the amount, if any, by which such Member elects to increase its Capital Commitment pursuant to the terms hereof and (3) distributions to such Member in respect of a return of Capital Contributions, if any, pursuant to the terms hereof, exceeds (ii) the aggregate of all amounts actually contributed to the Company by such Member pursuant to Section 2.1.
Unpaid Capital Commitment means the amount of the Partner’s Capital Commitment which has not been paid to the SBIC. Payment by a Note or other form of indebtedness shall not be considered to have been paid.
Unpaid Capital Commitment. As to any Partner as of any date, an amount equal (a) such Partner’s Capital Commitment, minus
Unpaid Capital Commitment means, in respect of any Committed Member and as of any date, the amount of such Committed Member’s Capital Commitment as of such date, minus the aggregate amount of such Committed Member’s Capital Contributions to the Company as of such date, adjusted as contemplated hereby; provided, that, if such date is after delivery of a Notice of Drawdown but before the related Capital Contribution, then the amount specified in such Notice of Drawdown (as the same may be amended by a subsequent Notice of Drawdown related thereto) shall not be included in any Committed Member’s Unpaid Commitment, unless such amount is not actually contributed to the Company.
Unpaid Capital Commitment means, with respect to any Member as of any date, an amount equal to (a) the Capital Commitment of such Member as of such date, minus (b) the aggregate amount of capital contributions made by such Member to the Company on or prior to such date pursuant to Section 5.1(a)(i) or (ii), plus (c) any amounts of Capital Proceeds distributed to the Member, other than a Member whose Carried Interest Capital Commitment has been reduced to zero, to the extent that when such amounts were received by the Company, it increased the Company’s “Unpaid Capital Commitment” (as defined in the Fund Partnership Agreements) and plus or minus, as the case may be, (d) any adjustments to such Member’s Unpaid Capital Commitment on or prior to such date pursuant to Section 5.1 (to the extent applicable). “Unpaid Carried Interest Capital Commitment” shall have the correlative meaning with respect to Carried Interest Capital Commitment.
Unpaid Capital Commitment means, with respect to any Unitholder at any time, such Unitholder’s Capital Commitment less such Unitholder’s Capital Contributions as of the date of determination plus any amounts returned to a Contributor and added to its Unpaid Capital Commitment pursuant to Clauses 2.6 and 3.1.2 below. Capitalized terms used herein, which are not otherwise defined, shall have the meanings set forth in other Fund Documents (as the context may require).
Unpaid Capital Commitment means, with respect to any Partner as of any date, an amount equal to (a) the Capital Commitment of such Partner as of such date, minus (b) the aggregate amount of capital contributions made by such Partner to the Partnership on or prior to such date pursuant to Section 5.1(a)(i) or (ii), plus (c) any amounts of Capital Proceeds distributed to the Partner, to the extent that when such amounts were received by the Partnership, it increased the Partnership’s “Unfunded Capital Commitment” (as defined in the Fund Partnership Agreement), plus (d) the aggregate amount of any distributions to such Partner in connection with the admission of a Limited Partner on the Effective Date representing a return of capital under Section 2.9(b) and plus or minus, as the case may be, (e) any adjustments to such Partner’s 101306536.9 Unpaid Capital Commitment on or prior to such date pursuant to this Agreement; provided that a Partner whose Unpaid Capital Commitment was reduced to zero other than pursuant to the foregoing clause (b) shall not have its Unpaid Capital Commitment subsequently increased by clauses (c) or (d).