New Fund definition

New Fund means each of the series portfolios of the Trust, one of which shall correspond to one of the Current Funds as shown on Schedule A.

New Fund means an Amendment Fund that is not an Existing Fund.

New Fund means a benefit fund that is or is to be established under Division 1 for the purposes of a restructure under this Division.

Examples of New Fund in a sentence

• Consequently, such exposure over 25% limits will lead to refund within 5 business days of the date of closure of the New Fund Offer.

• The entire amount subscribed by the investor subject to deduction of transaction charges, if any, in the scheme during the New Fund Offer will be available to the scheme for investments.

• All the NFO expenses of the Scheme shall be borne by the AMC.The entire amount subscribed by the investor subject to deduction of transaction charges, if any, in the scheme during the New Fund Offer will be available to the scheme for investments.

• Consequently, such exposure over 25% limits will lead to refund within 5 Business days of the date of closure of the New Fund Offer.

• Should this occur, the amount of New Fund shares may also need to be corrected to reflect the correct share amount (e.g., if a shareholder exchanges all shares of a fund with an understated NAV into a New Fund, the shareholder will receive less proceeds and therefore less shares of the New Fund and the New Fund account also would be corrected).

More Definitions of New Fund

New Fund means each Series which does not appear on Schedule 2 to the Credit Agreement as in effect immediately prior to the Amendment Effective Date and which does appear on Schedule 2 to this Amendment, (iv) “Existing Borrower” means each Borrower immediately prior to the Amendment Effective Date, (v) “Continuing Borrower” means an Existing Borrower that will be a Borrower on the Amendment Effective Date, (vi) “New Borrower” means a Series Borrower acting on behalf of and for the account of a New Fund, and (vii) “Amendment Borrowers” means each Continuing Borrower and each New Borrower.

New Fund or "New Funds" means (a) any investment fund or funds formed after the date hereof and sponsored, advised or managed by Xxxxx Muse, Olympus or any of their respective Affiliates and (b) any other Person which may acquire an Investment in an Investment Party or a New Portfolio Company or any part thereof.

New Fund means any Fund that has a First Closing after a Combination that is not an Identified Fund, a TPG Successor Fund or a Counterparty Successor Fund.

New Fund has the meaning given such term in Section 2.4 of this Agreement.

New Fund. FEES: There will be a one-time additional service charge of $10,000 for services provided by SEI in assisting and coordinating the launch of each new Fund on behalf of the Adviser, such fee to be paid by the Adviser by electronic wire transfer of immediately available funds to the wire instructions set forth below in advance of SEI beginning performance of the new Fund organizational services; provided, however, that such fee shall not apply with respect to the first five Funds established hereunder. For the avoidance of doubt, this Schedule need not be updated each time a new Fund is added to the Trust. Wells Fargo Bank NA Xxxxxxx-Xxxxx, XX ABA # 053000219 SEI Investments Company Acct #2079900401288 Ref: LOGAN CIRCLE PARTNEXX XXRIES TRUST -- New Funds ADVISER MAINTENANCE FEE: To the extent that the Board of Trustees of the Trust (the "Board") has approved a Fund within the Trust and approved Adviser as the Fund's adviser, and such Fund has not commenced operations (as defined below) by the date that is the three-month anniversary of the date of the last such approval (the "Approval Date"), then Adviser shall pay SEI a relationship maintenance fee equal to $400 per month for each month that the Fund has not commenced operations and such fee shall be retroactive to include each of the first three months following the Approval Date. For purposes of the foregoing, a Fund shall be deemed to have "commenced operations" as of the date on which SEI first calculates a Fund's official net asset value.

New Fund means (a) any investment funds formed after the date hereof and (other than the Olympus Real Estate Fund III, L.P., any private fund raised in connection with the Olympus Real Estate Private Fund III, L.P., Hicks, Muse, Tate & Xursx Xxxin America Fund II, L.P., Hicks, Muse, Tate & Xursx Xxxin America Private Fund II, L.P. or any other fund agreed to by the Administrative Agent) sponsored, advised or managed by Hickx Xxxe or any of its Affiliates or (b) any other Person which may acquire an Investment in an Investment Party or a New Portfolio Company or any part thereof.

New Fund means America First Tax Exempt Investors, L.P., a Delaware limited partnership.