Carried Interest Distributions definition

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 Distributions as defined in the BCRED Partnership Agreement, and (ii) any other carried interest distribution to a Fund GP pursuant to any BCRED Agreement. In the case of each of (i) and (ii) above, except as determined by the Managing Member, the amount shall not be less any costs, fees and expenses of the Company with respect thereto and less reasonable reserves for payment of costs, fees and expenses of the Company that are anticipated with respect thereto (in each case which the Managing Member may allocate among all or any portion of the GP-Related Investments as it determines in good faith is appropriate).

Carried Interest Distributions means the amounts distributable to the General Partner pursuant to Section 6.1(b)(iii)(B) hereof.

Examples of Carried Interest Distributions in a sentence

• The Portfolio Appraisal shall be used to determine the Appraised Value of the Portfolio (including, without limitation, the Carried Interest Distributions) in accordance with Section 5.3.

• Notwithstanding the foregoing, in no event shall the amount of the Over-Distribution with respect to any Limited Partner exceed the aggregate amount of Carried Interest Distributions received by the General Partner with respect to such Limited Partner.

• The Company has previously adopted a discretionary incentive compensation program for certain key employees that provides an opportunity to receive specified incentive compensation payments payable upon CT-F2's receipt of Carried Interest Distributions from Fund II.

• If following the payment of any Cash Compensation to Participant, Clawback Payments that have not been deducted prior to such payment in accordance with the foregoing are paid by or on behalf of CT-F2, Participant agrees and undertakes to refund and pay to CT-F2 the portion of the Cash Compensation that would have not been earned and paid to Participant had the Clawback Payments been deducted from Carried Interest Distributions prior to the payment thereof to Participant.

• Following its resignation, the resigned General Partner shall retain its right to Carried Interest Distributions in respect of all Investments made or committed to in writing prior to such resignation and no right to Carried Interest Distributions in respect of Investments made after its resignation or not committed to in writing prior to such resignation.

More Definitions of Carried Interest Distributions

Carried Interest Distributions has the meaning ascribed to that term in the Fund LP Agreement. “Certificate” means the Certificate of Limited Partnership of the Partnership and any amendments thereto as filed with the office of the Secretary of State of the State of Delaware. “Clawback Amount” means any amount of Carried Interest Distributions received by the Partnership and required, under the Fund LP Agreement, to be returned to the Fund, including either or both of (i) a Clawback Amount, as defined in the Fund LP Agreement and, (ii) any amount of Carried Interest Distributions required to be returned to the Fund pursuant to section 6.2 of the Fund LP Agreement. “Clawback Share” has the meaning ascribed to that term in Section 3.1(e). “CM Executive Carry” means Apollo Credit Opportunity CM Executive Carry II, L.P. “Code” means the United States Internal Revenue Code of 1986, as amended and as hereafter amended, or any successor law. “COF Limited Partner” means a Limited Partner employed by Apollo Global Management, LLC or one of its Affiliates whom the General Partner has determined to be a member of the day-to-day investment management team for the Fund and designated as such in the documentation admitting such Limited Partner to the Partnership. “Confidential Information” means information that has not been made publicly available by or with the permission of the General Partner and that is obtained or learned by a Limited Partner as a result of or in connection with such Partner’s association with the Partnership or any of its Affiliates concerning the business, affairs or activities of the Partnership, any of its Affiliates or any of the Portfolio Investments, including, without limitation, models, codes, client information (including client identity and contacts, client lists, client financial or personal

Carried Interest Distributions has the meaning set forth in the GSO Fund Partnership Agreement.

Carried Interest Distributions is defined in Section 5.6 hereof.

Carried Interest Distributions has the meaning set forth in Section 6.02(a).

Carried Interest Distributions as defined in the GCOF II Partnership Agreement, and (ii) any other carried interest distribution to a Fund GP pursuant to any GCOF II Agreement. In the case of each of (i) and (ii) above, except as determined by the Managing Member, the amount shall not be less any costs, fees and expenses of the Company with respect thereto and less reasonable reserves for payment of costs, fees and expenses of the Company that are anticipated with respect thereto (in each case which the Managing Member may allocate amongst all or any portion of the GP-Related Investments as it determines in good faith is appropriate).

Carried Interest Distributions as defined in the BEP Partnership Agreement, and (ii) any other carried interest distribution to a Fund GP pursuant to any BEP Agreement. In the case of each of (i) and (ii) above, except as determined by the Managing Member, the amount shall not be less any costs, fees and expenses of the Company with respect thereto and less reasonable reserves for payment of costs, fees and expenses of the Company that are anticipated with respect thereto (in each case which the Managing Member may allocate among all or any portion of the GP-Related Investments as it determines in good faith is appropriate).

Carried Interest Distributions means, with respect to any Investment, distributions to the General Partner pursuant to clauses (iii) and (iv) of Section 4.2(a) and advances to the General Partner pursuant to Section 4.5(b) never repaid from subsequent distributions.