Investment Vehicle definition
Examples of Investment Vehicle in a sentence
The General Partner’s obligations under Section 6.6 of this Agreement will apply to any Alternative Investment Vehicle in which an ERISA Partner invests, and the governing documents of each Alternative Investment Vehicle in which an ERISA Partner invests shall contain ERISA provisions, taken as a whole, substantially no less favorable to the ERISA Partners than those contained in this Agreement.
Except as otherwise determined by the General Partner on or about the time of formation of any Alternative Investment Vehicle, any issue regarding the interpretation of how the Partnership and such Alternative Investment Vehicle interact shall be governed by the laws of the jurisdiction in which such Alternative Investment Vehicle has been organized.
Any Investment or any portion thereof may be transferred between the Partnership and an Alternative Investment Vehicle after the consummation of such Investment, and Limited Partners and Parallel Fund Limited Partners may be required to invest through the same Alternative Investment Vehicle.
For purposes of this Section 6.4(a), “guarantees” shall exclude any guarantees as to which the Partnership has a right of contribution, subrogation or reimbursement from or against the Parallel Fund, the Executive Fund, any co-investor, any Alternative Investment Vehicle or any other Person deemed creditworthy in the reasonable discretion of the General Partner.
The General Partner may, where it determines it to be appropriate, structure an Alternative Investment Vehicle to hold more than one Investment.