Common use of Feeder Entities Clause in Contracts

Feeder Entities. In order to facilitate investment in the Partnership by certain investors, the Managing General Partner may establish or facilitate the establishment of one or more collective investment vehicles or other arrangements (each such vehicle or arrangement, a “Feeder Entity”) through which investors may invest in the Partnership by acquiring interests in such Feeder Entity. Affiliates of the Managing General Partner may hold interests in any such Feeder Entity or in the general partner (or advisor or similar entity) of such Feeder Entity. In case of a default by any such Feeder Entity, the Managing General Partner may treat one or more of such investors (rather than such Feeder Entity) as a Defaulting Partner as provided in Section 10.8. In addition, the terms of the governance and/or organizational documents of any such Feeder Entity may permit the payment to the general partner (or advisor or similar entity) of such Feeder Entity of management, advisory or other fees, and any such fees paid by such Feeder Entity to its general partner (or advisor or other entity) may be used to reduce and offset the Asset Management Fee or Acquisition Fees payable under this Agreement, in which event the Managing General Partner shall amend this Agreement so that the benefit of any such reduction inures to such Feeder Entity.

Feeder Entities. In order to facilitate investment in the Partnership by certain investors, the Managing General Partner may establish or facilitate the establishment of one or more collective investment vehicles or other arrangements (each such vehicle or arrangement, a “"Feeder Entity”") through which investors may invest in the Partnership by acquiring interests in such Feeder Entity. Affiliates of the Managing General Partner may hold interests in any such Feeder Entity or in the general partner (or advisor or similar entity) of such Feeder Entity. In case of a default by any such Feeder Entity, the Managing General Partner may treat one or more of such investors (rather than such Feeder Entity) as a Defaulting Partner as provided in Section 10.8. In addition, the terms of the governance and/or organizational documents of any such Feeder Entity may permit the payment to the general partner (or advisor or similar entity) of such Feeder Entity of management, advisory or other fees, and any such fees paid by such Feeder Entity to its general partner (or advisor or other entity) may be used to reduce and offset the Asset Management Fee or Acquisition Fees payable under this Agreement, in which event the Managing General Partner shall amend this Agreement so that the benefit of any such reduction inures to such Feeder Entity.

Feeder Entities. In order to facilitate investment in the Partnership by certain investors, the Managing General Partner may establish or facilitate the establishment of one or more collective investment vehicles or other arrangements (each such vehicle or arrangement, a “Feeder Entity”) through which investors may invest in the Partnership by acquiring interests in such Feeder Entity. Affiliates of the Managing General Partner may hold interests in any such Feeder Entity or in the general partner (or advisor or similar entity) of such Feeder Entity. In case of a default by any such Feeder Entity, the Managing General Partner may treat one or more of such investors (rather than such Feeder Entity) as a Defaulting Limited Partner as provided in Section 10.810.6. In addition, the terms of the governance and/or organizational documents of any such Feeder Entity may permit the payment to the general partner (or advisor or similar entity) of such Feeder Entity of management, advisory or other fees, and any such fees paid by such Feeder Entity to its general partner (or advisor or other entity) may be used to reduce and offset the Asset Management Fee or Acquisition Fees payable under this Agreement, in which event the Managing General Partner shall amend this Agreement so that the benefit of any such reduction inures to such Feeder Entity.

Feeder Entities. In order to facilitate investment in the Partnership by certain investors, the Managing General Partner may establish or facilitate the establishment of one or more collective investment vehicles or other arrangements (each such vehicle or arrangement, a “Feeder Entity”) through which investors may invest in the Partnership by acquiring interests in such Feeder Entity. Affiliates of the Managing General Partner may hold interests in any such Feeder Entity or in the general partner (or advisor or similar entity) of such Feeder Entity. In case of a default by any such Feeder Entity, the Managing General Partner may treat one or more of such investors (rather than such Feeder Entity) as a Defaulting Partner as provided in Section 10.8. In addition, the terms of the governance and/or organizational documents of any such Feeder Entity may permit the payment to the general partner (or advisor or similar entity) of such Feeder Entity of management, advisory or other fees, and any such fees paid by such Feeder Entity to its general partner (or advisor or other entity) may be used to reduce and offset the Asset Management Fee or Acquisition Fees payable under this Agreement, in which event the Managing General Partner shall amend this Agreement so that the benefit of any such reduction inures to such Feeder Entity.. SECTION 2.11

Feeder Entities. In order to facilitate investment in the Partnership by certain investors, the Managing General Partner may establish or facilitate the establishment of one or more collective investment vehicles or other arrangements (each such vehicle or arrangement, a “"Feeder Entity”") through which investors may invest in the Partnership by acquiring interests in such Feeder Entity. Affiliates of the Managing General Partner may hold interests in any such Feeder Entity or in the general partner (or advisor or similar entity) of such Feeder Entity. In case of a default by any such Feeder Entity, the Managing General Partner may treat one or more of such investors (rather than such Feeder Entity) as a Defaulting Limited Partner as provided in Section 10.8. In addition, the terms of the governance and/or organizational documents of any such Feeder Entity may permit the payment to the general partner (or advisor or similar entity) of such Feeder Entity of management, advisory or other fees, and any such fees paid by such Feeder Entity to its general partner (or advisor or other entity) may be used to reduce and offset the Asset Management Fee or Acquisition Fees payable under this Agreement, in which event the Managing General Partner shall amend this Agreement so that the benefit of any such reduction inures to such Feeder Entity.