Enterprise Capital Fund definition
Enterprise Capital Fund means in particular but without limitation a fund created to identify, research, negotiate, make and monitor the progress of and sell, realise, exchange or distribute investments which shall include but shall not be limited to the purchase, subscription, acquisition, sale and disposal of shares, debentures, convertible loan stock and other securities in unquoted companies and the making of loans whether secured or unsecured to such companies in connection with equity or equity related investments, provided that all such Investments shall fall within a certain investment policy (as agreed between the general partner, manager and limited partner(s) of the Investor), with the principal objective of providing the partners of the Investor with a high overall rate of return;]
Enterprise Capital Fund means in particular but without limitation a fund created to identify, research, negotiate, make and monitor the progress of and sell, realise, exchange or distribute investments which shall include but shall not be limited to the purchase, subscription, acquisition, sale and disposal of shares, debentures, convertible loan stock and other securities in unquoted companies and the making of loans whether secured or unsecured to such companies in connection with equity or equity related investments, provided that all such Investments shall fall within a certain investment policy (as agreed between the general partner, manager and
Examples of Enterprise Capital Fund in a sentence
The Manager will notify each Portfolio Company, prior to the acquisition of the first Investment by the Partnership in such Portfolio Company, that: the Partnership is an "Enterprise Capital Fund"; and there is a cumulative limit within [any 12-month period / within the Investment Period] of £5 million in any one company from the Partnership or any other "Enterprise Capital Fund".
The name may, however, include the phrase "Enterprise Capital Fund" or the acronym "ECF".