Common use of Adjustments between Vehicles Clause in Contracts

Adjustments between Vehicles. 2.10.1 Notwithstanding anything to the contrary provided herein, the General Partner may (i) adjust the amount, timing and distribution of the payments under Section 5.1 (Subsequent Closings) to take into account a closing of any Fund Vehicle and any investments held by any Fund Vehicle at the time of any such closing and (ii) reallocate and transfer among the Fund Vehicles any investments or other assets held by such Fund Vehicles at the time of the closing at cost, including allocating and transferring to any Fund Vehicle all or any part of any Equalization Payment and Additional Payments and any cash transferred to the Fund from any Fund Vehicle and distributing it among the Partners, in each case to the extent determined in the reasonable and good faith judgment of the General Partner to be appropriate to give effect to the intent of this Section 2.10 (Adjustments Between Vehicles).

Appears in 4 contracts

Samples: media.regcompliancewatch.com, ilpa.org, ilpa.org

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.