Promoted Interest Clause Samples
Promoted Interest. The Manager is allocated a promoted interest (“Promoted Interest”) with respect to the proceeds of any disposition of Series Holdings as such Promoted Interest is set forth in each Series Supplement.
Promoted Interest. A promoted interest to an Affiliate of the Manager or to the Manager paid by a special purpose entity in which the Company invests, in an undetermined amount of such entity’s distributable cash, after all other partners or members of such entity have been paid an agreed upon (6.0% or higher) cumulative, non-compounded preferred return. Company will not be entitled to the promoted interest.
Promoted Interest. The remaining interest (the "Promoted Interest Share", as adjusted pursuant to Section 2(c)(B) below) comprising the Available Interest not allocated in (i), and (ii) above will be allocated and marketed to third parties on a promoted basis.
Promoted Interest. Interest paid to our Manager or an affiliate of our Manager in an undetermined amount of the entity’s distributable cash, after all other partners or members have been paid (8% or higher) cumulative, non-compounded preferred return.
Promoted Interest. RREEF acknowledges that all rights ---------------------- with respect to the TIAA Promoted Interest shall be retained by CABOT.