Allocations Prior to Closing Date. Any net cash profits or any net cash losses realized by the Fund from the purchase or sale of Securities during the period ending on the day prior to the Closing Date shall be allocated to the Capital Account of the General Partner. (No unrealized item of profit or loss shall be allocated pursuant to this Section 5.8 to the Capital Account of any Partner.)
Appears in 3 contracts
Samples: Agreement (Gam Avalon Multi-Europe Lp), Gam Avalon Multi Technology Lp, Gam Avalon Multi-Global Lp
Allocations Prior to Closing Date. Any net cash profits or any net cash losses realized by the Fund from the purchase or sale of Securities during the period ending on the day prior to the Closing Date shall be allocated to the Capital Account of the General PartnerAdvisor. (No unrealized item of profit or loss shall be allocated pursuant to this Section 5.8 to the Capital Account of any PartnerMember.)
Appears in 3 contracts
Samples: Gam Avalon Multi Market Neutral LLC, Gam Avalon Multi Us LLC, Gam Avalon Multi-Global LLC
Allocations Prior to Closing Date. Any net cash profits or any net cash losses realized by the Fund Partnership from the purchase or sale of Securities during the period ending on the day prior to the Closing Date shall will be allocated to the Capital Account of the General Partner. (No unrealized item of profit or loss shall will be allocated pursuant to under this Section 5.8 SECTION 5.9 to the Capital Account of any Partner.)
Appears in 2 contracts
Samples: Hatteras Multi-Strategy Fund I, L.P., Hatteras Multi-Strategy TEI Fund, L.P.
