Parallel Fund definition

Parallel Fund means any additional collective investment vehicle (or other similar arrangement) formed pursuant to paragraph 2.8 of the BREP VII Partnership Agreement.

Parallel Fund has the meaning set forth in section 4.6(a) of the SP VI Partnership Agreement.

Parallel Fund has the meaning set forth in the Introduction to this Agreement.

Examples of Parallel Fund in a sentence

• Any costs associated with the formation and administration of a Parallel Fund will be paid by the investors in the Parallel Fund.

• The Parallel Fund may consist of certain investors who for a variety of reasons may not wish to participate in the investments through the Company.

• It is the intention of the Manager that the Manager of the Company will also act as the Manager of the Parallel Fund; provided, however, if such an arrangement were to become prohibited or result in a conflict of interest, a separate Manager will be established.

• Like the restrictions on transfer of Interests in the Company, investors in the Parallel Fund will not have the right to transfer their interest in the Parallel Fund without the consent of the Manager, except in certain limited circumstances to permitted transferees.

• The Parallel Fund will contain the similar economic terms, rights, restrictions and obligations for its investors as are applicable to Investors in the Company.

More Definitions of Parallel Fund

Parallel Fund means one or more parallel funds formed to invest alongside the Onshore Partnership and/or the Fund in both U.S. and non-U.S. jurisdictions.

Parallel Fund means each of the Borrowers identified as a “Parallel Fund” on Schedule I hereto, as amended, restated, modified or supplemented from time to time, and any other Parallel Fund.

Parallel Fund has the meaning set forth in Section 3.6(a).

Parallel Fund means a parallel vehicle of the Initial Borrower or a Qualified Borrower (including a “Parallel Fund” as may be defined in the Organizational Documents of such entities as of the date such entity is added under Section 7.04 hereof).

Parallel Fund has the meaning set forth in Section 2.10 of the SP XX XX Partnership Agreement.

Parallel Fund has the meaning set forth in Section 2.10(a) of the BCVP Partnership Agreement.

Parallel Fund means any additional collective investment vehicle (or other similar arrangement) formed pursuant to paragraph 2.8 of the BCEP Partnership Agreement.