Examples of Carried Interest in a sentence
The Fund shall pay the Advisor Carried Interest pursuant to Article VI.1 of the LLC Agreement.
ACME Lithium will also transfer its Free Carried Interest to the Joint Venture, and execute and deliver to the Joint Venture, all other documents, and will do or cause to be taken all such further actions in order to properly register such ownership.
Once this Agreement is signed, and once Snow Lake has earned a ninety percent (90%) undivided interest in the Property, Snow Lake will have a right of first refusal (the "ROFR") to acquire ACME Lithium's Free Carried Interest if ACME Lithium decides to dispose of its interest in the Property pursuant to an unsolicited bona fide third-party offer.
If ACME Lithium receives an unsolicited bona fide third-party offer (a "ROFR Offer") to sell or transfer any of its Free Carried Interest to any third party (the "Third Party"), then ACME Lithium will promptly notify Snow Lake in writing (including a copy of the third party offer or agreement) of such Third Party and Snow Lake will have the opportunity to purchase the Free Carried Interest on the same terms and conditions, or equivalent value, as the ROFR Offer.