Alternative Vehicles definition
Examples of Alternative Vehicles in a sentence
Prior to the termination of the Commitment Period, the General Partner shall cause each of the General Partner, Fund Manager, and the Key Persons to devote substantially all of such Person’s business time to the affairs of the Fund, the General Partner, the Investment Manager, any Alternative Vehicles, any Parallel Vehicles, any co-investment, Prior Funds, or other investment vehicles permitted by this Agreement.
All references in this Section 2.9 (Alternative Vehicles) to the limited partners of an Alternative Vehicle shall be deemed to include all investors in an Alternative Vehicle formed as a vehicle other than a limited partnership.
In the event that the General Partner or an Affiliate thereof forms one or more Alternative Vehicles, the provisions of this Agreement, whether or not amended, shall be interpreted to give effect to the intent of the provisions of this Section 2.9 (Alternative Vehicles).
The Parties agree that the following Agreement terms are not applicable to Alternative Vehicle Operators, unless they are otherwise providing Services using a vehicle other than Alternative Vehicles: Department of Transportation ("DOT") Hours of Service regulations, DOT Road Test, DOT physical exams, and DOT medical cards.
For purposes of the obligation of the General Partner to contribute the Clawback Amount to the Partnership pursuant to Section 10.3(a), the Clawback Amount shall be allocated among, and contributed to the capital of, the Partnership and/or any Alternative Vehicles in proportion to the negative capital account balance (immediately prior to the contribution of the Clawback Amount), if any, of the General Partner in each such Alternative Vehicle.
All Alternative Vehicles used in Alternative Vehicle Operations are, or shall be, identified on a Statement of Lease and Receipt of Leased Equipment, which is incorporated herein by reference.
The Parties agree that the Federal Leasing Regulations at 49 CFR Part 376 ("Leasing Regulations") and all Agreement terms pertaining to the Leasing Regulations shall apply to Alternative Vehicles.
If the General Partner determines in its reasonable discretion that the Alternative Vehicles shall not be treated as a partnership, the calculations described in this Section 2.8(b) shall be made as if the Alternative Vehicle were not a partnership.
Except as otherwise set forth in this Schedule, all terms and conditions in this Agreement related to Equipment, Commercial Motor Vehicle or CMV shall apply to Alternative Vehicles.
Alternative Vehicles" shall mean passenger- and personal-type vehicles weighing less than 10,001 lbs.