Carried Interest definition
Carried Interest means (i) “Carried Interest Distributions,” as defined in the BREP VII Partnership Agreement, and (ii) any other carried interest distribution to a Fund GP pursuant to any BREP VII Agreement. In the case of each of (i) and (ii) above, except as determined by the General Partner, the amount shall not be less any costs, fees and expenses of the Partnership with respect thereto and less reasonable reserves for payment of costs, fees and expenses of the Partnership that are anticipated with respect thereto (in each case which the General Partner may allocate among all or any portion of the GP-Related Investments as it determines in good faith is appropriate).
Carried Interest means an equity interest in the Partnership issued to a Person without consideration, in the form of cash or tangible property, in an amount proportionately equivalent to that received from the Participants.
Carried Interest means a share in the profits of the AIF accrued to the AIFM as compensation for the management of the AIF and excluding any share in the profits of the AIF accrued to the AIFM as a return on any investment by the AIFM into the AIF;
Examples of Carried Interest in a sentence
No Carried Interest Vehicle owns or has any rights to any assets (other than the right to receive the Carried Interest from the Existing FCP Fund set forth across from such Carried Interest Vehicle, pursuant to and in accordance with the Organizational Document of such Existing FCP Fund) or provides any services to the Business.
The Side Letter shall address the matters outlined on Exhibit M, including (a) the allocation, participation and entitlement of Carried Interest or any modification thereof with respect to New FCP Funds; (b) the co-investment obligations with respect New FCP Funds; (c) the provision of seed and anchor capital investments to New FCP Funds; and (d) any other related matters as agreed to between the Parties.
More Definitions of Carried Interest
Carried Interest means the aggregate distributions received by the General Partner pursuant to Sections 14.3.3 and 14.3.4 hereof and any distributions received by the General Partner with respect to such Sections pursuant to Section 14.5 (Tax Distributions).
Carried Interest has the meaning set forth in Section 4.07(c)(iii).
Carried Interest means a share of the profits of a private equity fund that is due to the fund manager or general partner.
Carried Interest means (i) the Advisor’s right to receive distributions pursuant to Article VI.1(b) and
Carried Interest means any share of profits from an alternative investment vehicle that is distributed to a fund manager, general partner, or related parties, including allocations of alternative investment vehicle profits received by a fund manager in consideration of having waived fees that it might otherwise have been entitled to receive.
Carried Interest shall have the meaning specified in Section 8.2(a)(ii).
Carried Interest means, as the context requires, either (x) distributions to the General Partner pursuant to clauses (iii) through (v) of the distribution waterfall set forth in Schedules D-1 or D-2 (as referenced in Section 6.02(a)), or Section 9.04 or (y) income allocations to the General Partner pursuant to Section 6.07.