Examples of Alternative Vehicles in a sentence
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.
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.
Motorized Alternative Vehicles (“MAV”) (except wheelchairs and designated College vehicles), including, but not limited to, motorcycles, mopeds, motorized seated scooters, and gas-powered bicycles are not to be operated or parked on the grass, sidewalks, or pedestrian walkways of the campus at any time.
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).
Source: Lerner, Josh and Mao, Jason and Schoar, Antoinette and Zhang, Nan R., Investing Outside the Box: Evidence from Alternative Vehicles in Private Capital (August 15, 2018).
In Canada, the Agency of Transport and the Insurance Institute for Highway Safety have each conducted crash tests of quadricycles and have expressed strong concerns about the lack of crashworthiness and the risk to occupants in relatively low speed collisions with cars.In Australia, quadricycles are considered as Alternative Vehicles (AVs), wheeled vehicles used for personal transport, differ in construction from conventional 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.
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.
Somewhere (e.g. Australia), these small vehicles, when motorized, are often referred as Alternative Vehicles (AVs) highlighting how these wheeled vehicles, used for personal transport, are differ in construction from conventional vehicles such as cars, motorcycles and bicycles.
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.