Fund Agreement Clause Samples
A Fund Agreement is a legal contract that establishes the terms and conditions under which a fund is created, managed, and operated. It typically outlines the roles and responsibilities of the fund manager and investors, details the investment objectives, and specifies procedures for contributions, distributions, and withdrawals. By clearly defining these operational and governance aspects, the Fund Agreement ensures all parties understand their rights and obligations, thereby reducing the risk of disputes and providing a structured framework for the fund's ongoing management.
Fund Agreement. The Fund Agreement shall remain unchanged except as is consistent with the provisions hereof.
Fund Agreement. The Limited Liability Company Agreement of the Fund, as such document may be amended from time to time. GS or ▇▇▇▇▇▇▇ Sachs. ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Co. LLC, ▇▇▇▇▇▇▇ Sachs Asset Management, L.P., ▇▇▇▇▇▇▇ ▇▇▇▇▇ International, their respective present and future affiliates, and their respective partners, officers, directors, employees, associated persons and agents. Interestholder. An interestholder in the Fund.
Fund Agreement. Notwithstanding any other provision of this Agreement, the Partnership, and any General Partner on behalf of the Partnership, is hereby authorized to execute, deliver and perform its obligations under the Fund Agreement.
Fund Agreement. The Company and the shareholders party thereto shall have executed and delivered to Buyer the Fund Agreement.
Fund Agreement. The written and signed document stating the mutually agreed-upon purpose or purposes for which a specific endowment’s budget can be spent. The budget cannot be spent for purposes not included in either the fund agreement or donor-approved amendments to the fund agreement.
Fund Agreement. In consideration for the Manager, on behalf of the Trustee, accepting, on behalf of the Trust, this Subscription Agreement, the Subscriber (or Disclosed Principal, if applicable) shall be bound by all of the terms of, the Fund Agreement, as the same may be amended from time to time and the Subscriber hereby expressly ratifies and confirms, on its own behalf and on behalf of any Disclosed Principal, if applicable, the Fund Agreement and the power of attorney given to the Trustee in the Fund Agreement.
Fund Agreement. For Funds that are (1) limited partnerships, it is the certificate of formation or registration (or similar charter documents) and Limited Partnership Agreement (or similar governing document), (2) limited liability companies, it is the certificate of formation (or similar charter documents) and the LLC Operating Agreement (or similar governing document), (3) unit trusts, it is the deed or declaration of trust (or similar governing documents) and (4) companies or corporations, it is the Certificate, Articles or Memorandum of Incorporation or Association (or similar charter documents) and Bylaws; in each case, as such documents may be amended from time to time.
Fund Agreement. The Shareholders of CPI shall have executed and delivered to Parent the Fund Agreement.
Fund Agreement. The Limited Liability Company Agreement of the Fund (or similar
Fund Agreement. The Articles of Incorporation and Bylaws (or similar organizational documents) of the Fund, in each case, as such documents may be amended and/or restated from time to time. GS or ▇▇▇▇▇▇▇ ▇▇▇▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Co. LLC, ▇▇▇▇▇▇▇ ▇▇▇▇▇ Asset Management, L.P., ▇▇▇▇▇▇▇ ▇▇▇▇▇ International, their respective present and future affiliates, and their respective partners, officers, directors, employees, associated persons and agents. Individual Income. Adjusted gross income, as reported for federal income tax purposes, minus income attributable to a spouse or to property owned by a spouse, increased by the following amounts (except for amounts attributable to a spouse or to property owned by a spouse): (1) the amount of any tax-exempt interest income (under Section 103 of the IRS Code received); (2) the amount of losses claimed as a limited partner in a limited partnership as reported on Schedule E of Form 1040; (3) any deduction claimed for depletion under Section 611 et seq. of the IRS Code; (4) amounts contributed to an IRA or ▇▇▇▇▇ retirement plan (as defined in the IRS Code); (5) alimony paid; and (6) any elective contributions to a cash or deferred arrangement under Section 401(k) of the IRS Code. Investment Adviser. ▇▇▇▇▇▇▇ ▇▇▇▇▇ Asset Management, L.P., it its capacity as investment adviser of the Fund. Investment Advisers Act. US Investment Advisers Act of 1940, as amended, and its rules and regulations.