Incentive Allocation. For any Period ending on an Incentive Allocation Time and for each Limited Partner to which it applies, the amount determined in accordance with Section 4.5, resulting in negative adjustments to such Limited Partner’s Capital Account pursuant to Section 4.4.3.
Incentive Allocation. The Incentive Allocation as to each Unit pursuant to Section 4.5 will be specially allocated to and assessed against that Unit.
Incentive Allocation. For any Period ending on an Incentive Allocation Time, the amount determined in accordance with Section 4.5, resulting in negative adjustments to each Unit’s Capital Account pursuant to Section 4.4.3.
Incentive Allocation. (i) Subject to Sections 5.03(b) and 5.03(c)(iv), at the end of each Fiscal Year, the Partnership shall reallocate from each Capital Account of each Limited Partner to the Capital Account of the General Partner an amount (the "Incentive Allocation") equal to the result of the Incentive Allocation Rate multiplied by the amount of the Net Capital Appreciation allocated to such Capital Account of such Limited Partner for such Fiscal Year after reduction by an amount equal to the amount of the Management Fee debited to such Capital Account pursuant to Section 4.08 for such Fiscal Year; provided, however, that the Net Capital Appreciation upon which the calculation of the Incentive Allocation is based shall be reduced to the extent of any balance in such Capital Account's Loss Recovery Account. The amount of the balance in the Loss Recovery Account at the time of calculating the Incentive Allocation shall be the amount existing immediately prior to its reduction pursuant to the second clause of the second sentence of Section 5.03(c)(ii). In the sole discretion of the General Partner, the Incentive Allocation may be waived, reduced or calculated differently with respect to any Limited Partner. The Incentive Allocation, if any, will be calculated at (A) the end of each Fiscal Year,
Incentive Allocation. (a) So long as the Adviser serves as the Special Advisory Member of the Fund, the Incentive Allocation shall be debited against the Capital Account of each Member (other than the Adviser) as of the last day of each Allocation Period with respect to such Member and the amount so debited shall be credited to the Special Advisory Account, or, subject to compliance with the 1940 Act and the Advisers Act, to the Capital Accounts of such Members as have been designated in any written notice delivered by the Adviser to the Fund within 90 days after the close of such Allocation Period.
Incentive Allocation. OFI has designated Tremont to serve as the Special Advisory Member of the Fund under the terms of the LLC Agreement and to receive in such capacity the incentive allocation in accordance with the terms of the LLC Agreement (the Incentive Allocation"). The Incentive Allocation, if any, will be computed and credited to the capital account of Tremont as provided by the LLC Agreement.
Incentive Allocation. (a) As of the end of each Incentive Period with respect to each Unit (other than a Management Unit), an amount (the “Incentive Allocation”) equal to twenty percent (20%) of the excess of (i) the Net Asset Value Per Unit of such Unit (determined before deduction of the Incentive Allocation, but after deduction or accrual of all other expenses or liabilities of the Company as of such date) since the beginning of such Incentive Period over (ii) the Prior High NAV of such Class, shall be deducted from the Net Asset Value of such Unit and credited to the Capital Account of the Manager.
Incentive Allocation. As of the end of each Incentive Period with respect to each Class 0 Unit and Class 2 Unit of the Core Macro Portfolio, an amount (the “Incentive Allocation”) equal to twenty percent (20%) of the New High Net Trading Profits with respect to such Class as of the end of such Incentive Period shall be deducted from the Net Asset Value of such Class and credited to the Capital Account of Xxxxxx LLC. ANNEX C
Incentive Allocation. (a) For purposes of determining the amount of the Incentive Allocation for any Allocation Period, if a Member has made more than one capital contribution to the Fund, the Allocation Change and the Preferred Return for such Allocation Period and the balance in the Loss Recovery Account with respect to such Member shall be determined as if each such capital contribution were a separate Capital Account of such Member.
Incentive Allocation. BACAP shall have the right as provided by the LLC Agreement to serve as the Special Advisory Member of the Fund and to receive in such capacity a performance-based allocation in accordance with the terms of the LLC Agreement (the "Incentive Allocation"). The Incentive Allocation, if any, will be computed and credited to the capital account of the Special Advisory Member as provided by the LLC Agreement.
