Return of Capital Determination Sample Clauses

The 'Return of Capital Determination' clause defines the process and criteria for deciding when and how an investor's original capital investment is to be repaid by the company or fund. Typically, this clause outlines the calculation methods, timing, and conditions under which capital is returned, such as after certain milestones are met or upon liquidation events. Its core practical function is to provide transparency and predictability for investors regarding the recovery of their invested funds, thereby reducing uncertainty and potential disputes over capital distributions.
Return of Capital Determination. For purposes of computing the return ------------------------------- on the capital of the holder of Series C Preferred Partnership Units, the capital of a holder of the Series C Preferred Partnership Units attributable to each such Unit shall be treated as returned (x) when the Unit is redeemed by the Partnership or (y) to the extent that the Partnership has distributed with respect to such Unit an amount that exceeds the cumulative quarterly distributions accrued thereon, plus the difference between $25 and the amount contributed to the Partnership with respect to such Unit. Such return of capital determination is solely for the internal tax accounting purposes of the holders of the Series C Preferred Partnership Units and shall not in any way affect the distributions to the Partners under this Partnership Agreement or the allocations of Net Income, Net Loss and other items under this Exhibit F. ---------
Return of Capital Determination. For purposes of computing the return on the capital of the holder of Series G Preferred Units, the capital of a holder of the Series G Preferred Units attributable to each such Unit shall be treated as returned (i) when the Unit is redeemed by the Partnership or (ii) to the extent that the Partnership has distributed with respect to such Unit an amount that exceeds the cumulative quarterly distributions accrued thereon, plus the difference between $25 and the amount contributed to the Partnership with respect to such Unit. Such return of capital determination is solely for the internal tax accounting purposes of the holders of the Series G Preferred Units and shall not in any way affect the distribution to the Partners under this Agreement or the allocations of Profits and Losses.

Related to Return of Capital Determination

  • Return of Capital The liquidators shall not be personally liable for the return of Capital Contributions or any portion thereof to the Members (it being understood that any such return shall be made solely from Company assets).

  • Return of Capital Contribution From time to time the Partnership may have cash in excess of the amount required for the conduct of the affairs of the Partnership, and the General Partner may, with the Consent of the Special Limited Partner, determine that such cash should, in whole or in part, be returned to the Partners, pro rata, in reduction of their Capital Contribution. No such return shall be made unless all liabilities of the Partnership (except those to Partners on account of amounts credited to them pursuant to this Agreement) have been paid or there remain assets of the Partnership sufficient, in the sole discretion of the General Partner, to pay such liabilities.

  • Return of Capital Contributions No Partner shall be entitled to withdraw any part of its Capital Contribution or its Capital Account or to receive any distribution from the Partnership, except as specifically provided in this Agreement. Except as otherwise provided herein, there shall be no obligation to return to any Partner or withdrawn Partner any part of such Partner’s Capital Contribution for so long as the Partnership continues in existence.

  • Priority and Return of Capital No Member shall have priority over any other Member, either as to the return of Capital Contributions or as to Net Profits, Net Losses or Distributions. This Section shall not apply to loans (as distinguished from Capital Contributions), which a Member has made to the Company.

  • Interest on and Return of Capital Contributions No Member shall be entitled to interest on its Capital Contribution or to return of its Capital Contribution, except as otherwise specifically provided for herein.