KKR definition
Examples of KKR in a sentence
The General Partner also shall be deemed to have cured any event of Cause if the General Partner, the AIFM or the Management Company terminates or causes the termination of employment with the AIFM, the Management Company or other KKR Affiliate of all individuals who engaged in the conduct constituting such Cause and makes the Partnership whole for any actual financial loss that such conduct caused the Partnership.
If an Indemnitee is the General Partner or other KKR Affiliate, notice of any proposed compromise or settlement which would result in an obligation of the Partnership to indemnify such Indemnitee will be given to the Advisory Committee at least 5 Business Days prior to the Indemnitee entering into such compromise or settlement, but only to the extent such compromise or settlement permits such disclosure (and the Indemnitee will endeavor to have the proposed compromise or settlement permit such disclosure).
The amount of the Management Fee with respect to each Limited Partner paid by the Partnership to the AIFM, after reduction for the Delegate Management Fee, will not be further reduced by the amount of any Organizational Expenses or the amount of any Other Fees received by any KKR Affiliate, which amounts will instead reduce the Delegate Management Fee in accordance with Section 5.2(b).
No member of the Advisory Committee shall be a KKR Affiliate, a Key Executive, an employee of KKR or any KKR Affiliate, a Senior Advisor, Industry Advisor, Real Estate Consultant, a Capstone Executive or RPM Executive, other associates of KKR or the KKR Affiliates or any designees or representatives thereof.
In the case of a vote, approval or consent under this Agreement, a Feeder Fund may (and with respect to any Feeder Fund for which any KKR Affiliate serves as the general partner, managing member or a similar capacity, shall) vote its interest in the Partnership in proportion to the votes on such matter of such Feeder Fund’s interestholders based on their pro rata interest therein.