Incentive Allocation Period definition

Incentive Allocation Period means the period beginning on the day immediately following the last day of the immediately preceding Incentive Allocation Period and ending on the soonest occurring of the following: a. the last day of a Fiscal Year; b. if a Limited Partner withdraws all or a portion of a Capital Account on a date other than on the last day of a Fiscal Year, then, with respect to such withdrawn portion only, such withdrawal date; or c. if the Partnership is dissolved on a date other than at the end of a Fiscal Year, the termination date.
Sample 1
Incentive Allocation Period means the period beginning on the first day following the last day of the last Incentive Allocation Period (or, initially, the date a Unit was issued) and ending on the last day of each calendar month.
Sample 1
Incentive Allocation Period means, with respect to an Interest held by any Limited Partner, the period commencing on the day after the end of the immediately preceding Incentive Allocation Period (or, in respect of the initial Incentive Allocation Period, commencing on the date that the Limited Partner made the capital contribution in respect of such Interest) and ending on the immediately following Incentive Allocation Date.
Sample 1

Examples of Incentive Allocation Period in a sentence

  • If this Agreement is terminated on any day other than the last day of an Incentive Allocation Period, such termination day shall be treated as the last day of both the calendar month and the Incentive Allocation Period for purposes of calculating the Management Fee and Incentive Fee, respectively, for that period.

  • The General Partner may, in its discretion, determine that an Incentive Allocation not be made from a Limited Partner’s Capital Account, or reduce the amount to be so allocated from a Limited Partner’s Capital Account, for all or a portion of any Incentive Allocation Period or other period the General Partner determines is appropriate.

  • The General Partner’s Incentive Allocation shall be subject to the amount of each Limited Partner’s Loss Recovery Account from the preceding Incentive Allocation Period.

  • The liability for the activity where the CCGA member is involved is covered.

  • In consideration of the Investor’s status as a Lead Founding Investor, notwithstanding anything to the contrary in the Subscription Agreement or the Partnership Agreement, the General Partner hereby agrees that the Incentive Allocation payable by the Investor with respect to any Incentive Allocation Period shall be reduced by 10% of the amount of the Incentive Allocation otherwise payable by the Investor without the application of this Paragraph 6.

  • As of the last day of each Incentive Allocation Period, with respect to each Limited Partner, the balance of each Limited Partner’s Loss Recovery Account with respect to an Interest shall be (i) increased by any Net Capital Depreciation, or (ii) reduced by any Net Capital Appreciation, allocated to such Limited Partner’s Capital Account for such Incentive Allocation Period.

  • Incentive Fees are calculated at the end of each Incentive Allocation Period subject to the High Water Mxxx.

  • Since 2010, the City of Olsztyn has earmarked for the ITS-related investments PLN 15.67 million, expenditure was only incurred in 2013 and constituted 11.20% of transport infrastructure expenditure.

  • Incentive Fees are calculated at the end of each Incentive Allocation Period subject to the High Water Xxxx.

  • Furthermore, for purposes of adjusting a Limited Partner’s Loss Recovery Account, any Management Fees paid or accrued with respect to a Limited Partner during an Incentive Allocation Period shall increase the amount of Aggregate Overall Depreciation credited to such Limited Partner’s Loss Recovery Account or decrease the amount of Aggregate Overall Appreciation debited to such Limited Partner’s Loss Recovery Account, as the case may be.


More Definitions of Incentive Allocation Period

Incentive Allocation Period means, with respect to an Interest held by any Limited Partner, the period commencing on the day after the end of the immediately preceding Incentive Allocation Period (or, in respect of the initial Incentive Allocation Period, commencing on the date that the Limited Partner made the Capital Contribution in respect of such Interest) and ending on the immediately following Incentive Allocation Date.
Sample 1
Incentive Allocation Period means, with respect to the Units of each Limited Partner, the following periods: (i) an initial Incentive Allocation Period beginning on the date of such Limited Partner’s first Capital Contribution with respect to its Commitment and ending on the earlier of: (w) any Redemption Date only with respect to such Units being redeemed; (x) the date on which the Partnership terminates; (y) the last calendar day of the Fiscal Year in which such Capital Contribution was made and (z) the date of a current distribution or a Liquidity Event as determined in the General Partner’s discretion pursuant to Section 5.07(b) only with respect to that portion of the Units to which such current distribution or Liquidity Event relates as determined by the General Partner; and (ii) subsequent Incentive Allocation Periods beginning on the first calendar day following the last calendar day of the immediately preceding Incentive Allocation Period and ending on the earlier of: (w) any Redemption Date only with respect to such Units being redeemed; (x) the date on which the Partnership terminates; (y) the last calendar day of each Fiscal Year and (z) the date of a current distribution or a Liquidity Event as determined in the General Partner’s discretion pursuant to Section 5.07(b) only with respect to that portion of the Units to which such current distribution or Liquidity Event relates as determined by the General Partner. If a Limited Partner has more than one Commitment, the aggregate Units issued in respect of its Capital Contributions with respect to each Commitment will have separate Incentive Allocation Periods.
Sample 1
Incentive Allocation Period shall commence, with respect to a Limited Partner, on the date of admission of such Limited Partner and, thereafter, immediately following the close of the preceding Incentive Allocation Period, and will end (i) on the last Business Day of each fiscal year, (ii) with respect to a Limited Partner making a total withdrawal or a partial withdrawal from its Capital Account (with respect to the amount withdrawn), on the Withdrawal Date (as defined in Sec. 4.2(a)), (iii) at the General Partner’s sole discretion, with respect to a Limited Partner transferring all or a portion of its Capital Account (with respect to such transferred amounts), on the date of such transfer, (iv) on the effective date that the General Partner ceases to be the Partnership’s General Partner, and (v) on the date when the Partnership dissolves and/or terminates.
Sample 1

Related to Incentive Allocation Period

  • Allocation Period means the period (a) commencing on the date hereof or, for any Allocation Period other than such first Allocation Period, the day following the end of a prior Allocation Period and (b) ending (A) on the last day of each Fiscal Year, (B) on the day preceding any day in which an adjustment to the Book Value of the C.V.’s properties pursuant to clause (b)(i), (ii), (iii) or (v) of the definition of Book Value occurs, (C) immediately after any day in which an adjustment to the Book Value of the C.V.’s properties pursuant to clause (b)(iv) of the definition of Book Value occurs, or (D) on any other date determined by the Managing Partner.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Post-Distribution Period means any Tax Period beginning after the Distribution Date and, in the case of any Straddle Period, the portion of such Tax Period beginning on the day after the Distribution Date.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Pre-Distribution Period means any Taxable period (or portion thereof) ending on or before the Distribution Date.

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • Termination Year means the calendar year in which the Employment Period is terminated.

  • Capital Account Distribution Date and "Income Account Distribution Date" shall mean the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

  • Percentage Allocation is defined in Section 4.3(b)(ii)(y).

  • Reais Allocation Date means, with respect of any Reais Transfer Date, the Business Day which is immediately prior to such Reais Transfer Date.

  • Allocation Date means, with respect to any Transfer Date, the Business Day which is immediately prior to such Transfer Date.

  • transition year means the financial year of an issuer or business in which the issuer or business changes its financial year-end;

  • Curative Allocation means any allocation of an item of income, gain, deduction, loss or credit pursuant to the provisions of Section 6.1(d)(xi).

  • Plan Year means the calendar year.

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • Profit Distribution Date means the date on which the Management Company decides to distribute the profits (if any).

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Post-Deconsolidation Period means any Tax Period beginning after the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period beginning the day after the Deconsolidation Date.

  • Pre-Deconsolidation Period means any Tax Period ending on or before the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Deconsolidation Date.

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Tax Distribution Date has the meaning set forth in Section 4.01(b)(i).

  • Semi-Annual Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.