Common use of Temporary Investments Clause in Contracts

Temporary Investments. The Fund shall invest cash held by the Fund pending investment in Portfolio Investments, distribution or payment of Management Fees, Organizational Expenses or other Fund Expenses only in Temporary Investments. Investments after the Termination of the Commitment Period. The Fund shall not make Drawdowns after the termination of the Commitment Period other than to: pay Fund Expenses; subject to Section 7.1.4.5, make Follow-on Investments; and complete Portfolio Investments with respect to which the Fund has, prior to the termination of the Commitment Period, entered into a legally binding commitment to invest and which are reasonably expected to close within [one hundred and twenty (120)] days following the termination of the Commitment Period, provided that the General Partner shall notify the Limited Partners of all such investments at least ten (10) Business Days prior to the termination of the Commitment Period.

Temporary Investments. The Fund shall invest cash held by the Fund pending investment in Portfolio Investments, distribution or payment of Management Fees, Organizational Expenses or other Fund Expenses only in Temporary Investments. Investments after the Termination of the Commitment Period. The Fund shall not make Drawdowns after the termination of the Commitment Period other than to: pay Fund Expenses; subject to Section 7.1.4.57.1(d)(v) (Investment Restrictions.), make Follow-on Investments; and complete Portfolio Investments with respect to which the Fund has, prior to the termination of the Commitment Period, entered into a legally binding commitment to invest and which are reasonably expected to close within [one hundred and twenty (120)4 – 12] days following months from the date of the termination of the Commitment PeriodPeriod [or such later date as may be approved by LP Advisory Committee], provided that the General Partner shall notify the Limited Partners of all such investments at least ten (10) 10 Business Days prior to the termination of the Commitment Period.