Fund III definition
Examples of Fund III in a sentence
It is possible that the General Partner may form a parallel fund with substantially the same terms and conditions as SRE Opportunity Fund III, L.P. for certain investors (e.g., those that do not qualify as "qualified purchasers" as defined in the Subscription Agreement), which would co-invest alongside SRE Opportunity Fund III, L.P. as provided in the Partnership Agreement.
SRE Opportunity Fund III GP, LLC reserves the right at any time to accept or reject all or any portion of any subscription at one or more closings in its sole discretion.
As noted in the attached materials, if such a parallel fund is formed, your subscription may be accepted for such fund, in which event the General Partner Acceptance Page to your Subscription Agreement would reflect your acceptance to the parallel fund rather than SRE Opportunity Fund III, X.X. The initial closing of this subscription is presently anticipated to take place as soon as is practicable.