Overflow Funds definition
Examples of Overflow Funds in a sentence
If KL is presented a KL Follow-on Investment Opportunity, then KL may direct 100% of such KL Follow-on Investment Opportunity to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Priority Accounts or Overflow Funds.
As part of KL’s quarterly reporting to the Millrose Board of Directors, KL shall report on (i) the number of KL Follow-on Investment Opportunities that were allocated to ▇▇▇▇▇▇▇ ▇▇▇▇▇ Priority Accounts or Overflow Funds during that quarter and certify that such allocations were done in accordance with the terms hereof and (ii) the number of investment opportunities that were allocated in accordance with, and the number of investment opportunities excluded from, the Rotation Allocation.