Common use of Purchased Equity Clause in Contracts

Purchased Equity. Subject to all policies (including any policies implemented by the Company which restrict the ability of officers, directors and other Affiliates to invest in the Funds), agreements, plans and conditions that are generally applicable to such investments, as determined by the Company, you will have the right, but not the obligation, to purchase equity of Funds on terms equivalent to those received by other investors.

Appears in 3 contracts

Samples: KCAP Financial, Inc., Kohlberg Capital CORP, Kohlberg Capital CORP

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Purchased Equity. Subject to all policies (including any policies implemented implement by the Company which restrict the ability of officers, directors and other Affiliates to invest in the Funds), agreements, plans and conditions that are generally applicable to such investments, as determined by the Company, you will have the right, Xx. X.X. Xxxxxxxx, III , 2006 but not the obligation, to purchase equity of Funds on terms equivalent to those received by other investors.

Appears in 2 contracts

Samples: Kohlberg Capital, LLC, Kohlberg Capital, LLC

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Purchased Equity. Subject to all policies (including any policies implemented by the Company which restrict the ability of officers, directors and other Affiliates to invest in the FundsCompany-advised funds), agreements, plans and conditions that are generally applicable to such investments, as determined by the Company, you will have the right, but not the obligation, to purchase equity of Funds Company-advised funds on terms equivalent to those received by other investors.

Appears in 1 contract

Samples: Employment Agreement (KCAP Financial, Inc.)

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