Future Affiliated Fund means any entity (a) whose investment adviser (and sub-adviser(s), if any) is an Adviser, (b) that either (x) would be an investment company but for Section 3(c)(1), 3(c)(5)(C) or 3(c)(7) of the Act or (y) relies on Rule 3a-7 under the Act, (c) that intends to participate in the Co-Investment Program and (d) that is not a BDC Downstream Fund.
Future Affiliated Fund means any entity (a) whose investment adviser is an Adviser, (b) that would be an investment company but for Section 3(c)(1), 3(c)(5)(C) or 3(c)(7) of the Act, and (c) that intends to participate in the Co-Investment Program.
Future Affiliated Fund means any existing or future entity (i) whose investment adviser (and sub-adviser(s), if any) are Advisers, (ii) that either (a) would be an investment company but for Section 3(c)(1), 3(c)(5)(C), or 3(c)(7) of the Act, (b) relies on Rule 3a-7 under the Act, or (c) does not meet the definition of investment company under the Act and qualifies as a real estate investment trust (“REIT”) within the meaning of Section 856 of the Code, amended, because substantially all of its assets would consist of real properties, and (iii) that intends to participate in the Co-Investment Program.
Examples of Future Affiliated Fund in a sentence
Any Existing or Future Affiliated Fund that co-invests with the Company will have substantially the same investment objectives and strategies as the Company.MCC Advisors and the Affiliated Investment Advisers are held by Medley LLC.
The term Affiliated Investor means (i) the Existing Affiliated Funds, (ii) any Affiliated Proprietary Account and (iii) any Future Affiliated Fund.
Any such Future Affiliated Fund may seek to co-invest with the Company and Existing Affiliated Funds at that time.
In addition, the BDC Adviser will be the investment adviser to each of the Guardian II Funds following commencement of their principal operations, and an Adviser will be the investment adviser to each Future Affiliated Fund.
In addition, an Adviser will be the investment adviser to each Future Affiliated Fund.
More Definitions of Future Affiliated Fund
Future Affiliated Fund means any entity (a) whose investment adviser is an Adviser, (b) that either (x) would be an investment company but for Section 3(c)(1), 3(c)(5)(C) or 3(c)(7) of the Act, or (y) relies on the Rule 3a-7 exemption from investment company status, and (c) that intends to participate in the Co-Investment Program.
Future Affiliated Fund means any entity formed in the future (a) whose investment adviser is an Adviser, (b) that either (x) would be an investment company but for Section 3(c)(1), 3(c)(5)(C) or 3(c)(7), or (y) relies on Rule 3a-7, (c) that intends to participate in the Co-Investment Program and (d) that is not a BDC Downstream Fund.
Future Affiliated Fund means any entity (a) whose investment adviser is an Adviser, (b) that would be an investment company but for Section 3(c)(1), 3(c)(5)(C) or 3(c)(7) of the Act, and (c) that intends to participate in the program of co-investments described in the Application.
Future Affiliated Fund means any entity formed in the future (a) whose investment adviser (and sub-adviser, if any) is an Adviser, (b) that either (x) would be an investment company but for Section 3(c)(1), 3(c)(5)(C) or 3(c)(7) or (y) relies on Rule 3a-7 and(c) that intends to participate in the Co-Investment Program.
Future Affiliated Fund means any entity (a) whose investment adviser (and subadviser(s), if any) is an Adviser, (b) that either (x) would be an investment company but for Section 3(c)(1), 3(c)(5)(C) or 3(c)(7), or (y) relies on Rule 3a-7, (c) that intends to participate in the Co-Investment Program and(d) that is not a BDC Downstream Fund.
Future Affiliated Fund means any entity (a) whose investment adviser, sub-adviser, or co-manager is an Adviser, (b) that either (x) would be an investment company but for Section 3(c)(1), 3(c)(5)(C) or 3(c)(7) of the Act or (y) relies on Rule 3a-7 under the Act or (z) or is not an investment company as defined in Section 3(a)(1)(A) or 3(a)(1)(C) of the Act, (c) that is not a BDC Downstream Fund, and (d) that intends to participate in the program of co- investment described in the Application; provided that an entity the securities of which are sub-advised or co-managed by an Adviser is included in this term only if such Adviser serving as sub-adviser or co-manager controls the entity with regard to its securities.
Future Affiliated Fund means an entity (a) whose investment adviser or sub-adviser is an Adviser, (b) (i)(x) that would be an investment company but for Section 3(c)(1), 3(c)(5)(C) or 3(c)(7) of the Act or (y) relies on Rule 3a-7 under the Act, or (ii) that does not meet the definition of investment company under the Act and qualifies as a REIT within the meaning of Section 856 of the Code because substantially all of its assets would consist of real properties, and (c) that intends to participate in the program of co-investment described in the Application; provided that an entity