Carried Interest Share definition
Examples of Carried Interest Share in a sentence
If the Reserved SAVP Carried Interest Points have not been so allocated by January 31 of the next succeeding fiscal year, they shall be allocated pro rata among the SAVP Partners based on each SAVP Partner's Carried Interest Share (as determined for the fiscal year in which the Carried Interest Points were reserved) in the relevant Fund Investments.
Subject to Section 3.05 of this Agreement, upon the occurrence of a Change in Control, the General Partner shall determine, in its sole discretion, whether a Limited Partner's Carried Interest Share of any Fund Investment in which such Limited Partner has an interest prior to the occurrence of the Change in Control shall vest and become non-forfeitable.
The Management Board shall, at the time of distribution, determine each member's Carried Interest Share of such Proceeds and make distributions of such amounts to the Members.
Subject to Section 3.05 of this Agreement, upon the occurrence of a Change in Control, the General Partner shall determine, in its sole discretion, whether a Limited Partner’s Carried Interest Share of any Fund Investment in which such Limited Partner has an interest prior to the occurrence of the Change in Control shall vest and become non-forfeitable.
Each Carry Participating Partner's share of the Carried Interest for any Fund Investment is referred to herein as his "Carried Interest Share".
Limited Partners shall be “Partially Reduced Partners” with respect to the unvested portion of their Carried Interest Share forfeited in accordance with this Section 3.05(c).
The unvested portion of the Carried Interest Share of each Special Limited Partner shall be forfeited on the date of termination of employment and shall be reallocated as provided in Section 3.02(d).