Carried Interest Share definition

Carried Interest Share has the meaning set forth in Section 3.02(a).
Carried Interest Share. With respect to each Fund Investment made during the 2005 fiscal year and with respect to Partners who have been admitted as such on the date of this Agreement, the Carried Interest Points shall be set forth in Schedule I to this Agreement with respect to such Partner (the “Allocation Schedule”), which shall be maintained by the General Partner and the Partnership and updated to reflect any changes in the allocation of Carried Interest Points. The General Partner shall advise each Partner of such Partner’s Carried Interest Points in effect at any time, and the General Partner may, in its discretion, to the maximum extent permitted by applicable law, decline to disclose such Carried Interest Points to any other Person. With respect to each Fund Investment made during any fiscal year, the Carried Interest Points (as determined in accordance with this Section 3.02(a) or adjusted in accordance with this Article 3) of each Partner having an interest in such Fund Investment shall be set forth in the Allocation Schedule. Except as otherwise provided in this Article 3, such Carried Interest Points shall not be changed after they are determined in accordance with this Section 3.02(a).
Carried Interest Share. [***] per cent as amended pursuant to clauses 15.8 to 15.9 “Closing” the First Closing Date, the Final Closing Date and any other date on which Limited Partners are admitted to the Partnership or on which an existing Limited Partner increases its Commitment in accordance with clauses 4.1 and 4.2 “Co-investment Payments” any carried interest, performance fee or similar fee or payment received by the Manager or its Associates in relation to any co-investment made in accordance with clauses 18.3 and 18.4 “Co-investment Opportunity” the meaning given in clause 18.3 “Commitment” in relation to an Investor, the amount committed by it to the Partnership equal to the aggregate of the amount subscribed by it as an Investor as capital (the Capital Contribution) and the amount agreed to be advanced to the Partnership by it as an Investor as loan (the Loan Commitment) (and whether or not such amount has been advanced in whole or in part and whether or not it has been repaid to the Investor in whole or in part) and in relation to the Founder Partner the amount committed by it to the Partnership as capital

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).


More Definitions of Carried Interest Share

Carried Interest Share means each Participant’s share of the Sponsor’s Carried Interest in a particular Fund. At the discretion of the Administrative Committee, a Carried Interest Share may take the form of (a) a membership interest in the general partner entity of the particular Fund with respect to which the Participant is receiving a Carried Interest Share, (b) an economic interest in the Sponsor’s interest in the general partner entity of the particular Fund with respect to which the Participant is receiving a Carried Interest Share, or (c) as otherwise may be set forth in this Plan
Carried Interest Share. With respect to each Fund Investment made during the 2000 fiscal year and with respect to Members who have been admitted as such on the date of this Agreement, the Carried Interest Points shall be set forth in Schedule I to this Agreement with respect to such Member (the "Allocation Schedule"), which shall be maintained by the Management Board and the Company and updated to reflect any changes in the allocation of Carried Interest Points. The Management Board shall advise each Member of such Partner's Carried Interest Points in effect at any time. With respect to each Fund Investment made during any fiscal year, the Carried Interest Points (as determined in accordance with this Section 3.02(a) or adjusted in accordance with this Article 3) of each Member having an interest in such Fund Investment shall be set forth in the Allocation Schedule. Except as otherwise provided in this Article 3, such Carried Interest Points shall not be changed after they are determined in accordance with this Section 3.02(a).
Carried Interest Share any amount that may be allocated and/or distributed to the Carried Interest Partner under Clauses 6.4.1.4, 6.4.2 and 6.5;