Incentive Allocation definition

Incentive Allocation means the special allocation of a portion of the net profits of the Company to Xxxxxx LLC as provided in Section 3.6.

Incentive Allocation has the meaning set forth in Section 4.3 hereof.

Incentive Allocation means the incentive allocations or other performance-based allocations of net capital appreciation or net profits from the Funds to the Company pursuant to the Fund Agreements, excluding any allocations of net capital appreciation or net profits made to the Company by virtue of its capital invested in such Funds (which capital, for the avoidance of doubt, shall not include any Incentive Allocation that remains in the Funds and any related capital appreciation).

Examples of Incentive Allocation in a sentence

• The Adviser is entitled under the terms of the L.L.C. Agreement to receive, subject to certain limitations, the Incentive Allocation, as specified in the L.L.C. Agreement and described in the Confidential Memorandum.

• The estimated net asset value will be determined after all allocations to capital accounts of the investors required to be made by the L.L.C. Agreement, including in respect of any Incentive Allocation, have been made.

• If an investor tenders less than all its Interests, the Incentive Allocation, if earned, and if charged, will be charged only with respect to the Interests the investor has tendered.

• However, an investor who tenders for repurchase only a portion of such investor's Interest shall be required to maintain a capital account balance equal to $50,000 ($25,000 for certain eligible investors who are identified in the Fund's Confidential Memorandum), net of the amount of the incentive allocation, if any, that is to be debited from the capital account of the investor and credited to the capital account of the Adviser on the Expiration Date (the "Incentive Allocation").

• If an investor tenders less than all its Interests, the Incentive Allocation will be paid only in respect of the Interests the investor tenders.

More Definitions of Incentive Allocation

Incentive Allocation has the meaning set forth in Section 5.03(c)(i).

Incentive Allocation has the meaning set out in Section 5.6(a) of this Agreement.

Incentive Allocation. Shall have the meaning set forth in Section 8.5.

Incentive Allocation means, with respect to any Member, other than a Special Member, 20% (and, as respects a Special Member, such percentage as the Adviser shall have agreed with such Special Member) of the amount, determined as of the close of each Allocation Period with respect to such Member (appropriately adjusted for any partial repurchases or partial Transfers of Interests), by which such Member's Positive Allocation Change for such Allocation Period, if any, exceeds any positive balance in such Member's Loss Recovery Account as of the most recent prior date as of which any adjustment has been made thereto.

Incentive Allocation has the meaning set forth in Section 5.03(c)(i). "Incentive Allocation Rate" means 20%.

Incentive Allocation is defined in Section 4.3.1.

Incentive Allocation means, with respect to each Member, 10% of the amount, determined as of the close of each Allocation Period with respect to such Member, by which such Member's Positive Allocation Change for such Allocation Period, if any, exceeds the sum of: (1) the Preferred Return; and (2) the amount of any positive balance in such Member's Loss Recovery Account.