Performance Allocation. (a) The Performance Allocation shall be debited against the Capital Account of each Participant (other than DME) as of the last day of each Performance Period with respect to such Participant, and the amount so debited shall be simultaneously credited to the Capital Account of DME.
Performance Allocation. After giving effect to the special allocations set forth in Sections 5.2, 5.3, 5.4, 5.7, 5.9 and 5.10, Net Income and Net Loss shall be allocated in an amount equal to the Performance Allocation for the applicable year and for any prior distributed but unallocated Performance Allocation.
Performance Allocation. The Performance Allocation shall be determined as of the close of each Performance Period and shall be debited against the Capital Account of each Limited Partner as of the last day of each Performance Period with respect to such Limited Partner, and the amount so debited shall be simultaneously credited to the Capital Account of the General Partner.
Performance Allocation. Unicorn Capital Partners, LLC will share the profits of the Fund through a Performance Allocation at the end of the Fiscal Year (§ 1.7) or upon a Withdrawal (§ 4.4) or Redemption (§ 4.3). The Performance Allocation is determined by the performance (§ 6.12) attributed to the Limited Partner (§ 4.1) minus High Water Mark (§ 3.9) and Management Fee (§ 3.11) and determined by the Graduated 10% Hurdle Rate (§ 3.10). On the last day of the Fiscal Year (§ 1.7), or on a Withdrawal or Redemption, the Graduated 10% Hurdle Rate (§ 3.10) is applied to the annualized Performance of the Limited Partner (§ 6.13) minus the High Water Mark and Management Fee. The Performance Allocation charged and transferred is: Graduated 10% Hurdle Rate × 20% × (Performance − High Water Mark − Management Fee)
Performance Allocation. (a) The Performance Allocation shall be debited against the Capital Account of each Participant (other than TP GP) and credited to the Capital Account of TP GP as of the last day of each Fiscal Year. If a Participant withdraws all or a portion of its Capital Account other than at the end of a Fiscal Year, the Performance Allocation accrued and attributable to the portion withdrawn will be debited against such Participant’s Capital Account and credited to TP GP’s Capital Account at the time of withdrawal.
Performance Allocation. (a) The Performance Allocation shall be debited against the Capital Account of each Participant (other than TP GP) and credited to the Capital Account of TP GP as of the last day of each Fiscal Year. If a Participant withdraws all or a portion of its Capital Account other than at the end of a Fiscal Year, the Performance Allocation accrued and attributable to the portion withdrawn will be debited against such Participant’s Capital Account and credited to TP GP’s Capital Account at the time of withdrawal. For the avoidance of doubt, for purposes of this Section 3.8(a), to the extent that the Joint Venture holds any of a Participant’s assets in a Trust Account, increases or decreases of such assets held in a Trust Account shall not be included in the calculation of the Performance Allocation with respect to such Participant.
Performance Allocation. Twenty Percent (20%) of the Net Profits shall be distributed to the General Partner upon declaration of distributions made by the General Partner, as determined by the General Partner, in its sole discretion. LIMITED PARTNERSHIP AGREEMENT VELOCE CAP FUND 1 LP
Performance Allocation. If as of the close of a Performance Allocation Date, a Unit’s NAV per Unit exceeds its High Water Mark (such excess, the “Net NAV Increase”), then such Unit shall be subject to a Performance Allocation as determined below. The Performance Allocation shall be (i) debited from the Capital Account of the Member in respect of which the Performance Allocation is made, and (ii) credited to the Capital Account of the Managing Member.
Performance Allocation. At the end of each calendar year, and upon the date of the sale of all of the Company’s assets, or the merger or liquidation of the Company, the Advisor will be entitled to receive a performance allocation (the “Performance Allocation”) equal to 20% of the Company’s total return when compared to an annually re-established hurdle rate. The total return (“Total Return”) is defined as the sum of (i) the dividend percentage earned or paid during the year (calculated using each monthly Company dividend during the year or partial year divided by each corresponding monthly NAV) plus (ii) the rate of return calculated by the percentage change in the NAV from the start of such year or partial year until the end of the period. The hurdle rate (“Hurdle Rate”) is defined as the sum of (a) the opening yield rate for each calendar year (or the closing date for the Company’s first year) for the “on-the-run” 10-year U.S. Treasury Security plus
Performance Allocation. (1) For so long as the Company operates as a partnership for Federal tax purposes, the Adviser shall have the right as provided by the Operating Agreement to serve as the Advisor of the Company and to receive in such capacity performance allocations in accordance with the terms of the Operating Agreement (the “Performance Allocation”) as further described in Appendix A to this Agreement.
