Incentive Allocation Time Sample Clauses
The Incentive Allocation Time clause defines the specific point or period when incentives, such as bonuses or performance-based rewards, are distributed to eligible parties. Typically, this clause outlines the criteria for earning incentives and the schedule for their allocation, such as at the end of a fiscal quarter or upon completion of certain milestones. By clearly establishing when and how incentives are awarded, this clause ensures transparency and helps prevent disputes over timing or eligibility for incentive payments.
Incentive Allocation Time. For each Limited Partner, (i) the final day of each fiscal quarter; (ii) the Effective Time of any voluntary or mandatory withdrawal by or as to a Limited Partner; and (iii) the date of dissolution and/or termination of the Fund under Article 13.
