Examples of Parallel Fund Agreement in a sentence
Additionally, future commercial/industrial developments on lots not already zoned commercial/industrial are discouraged.
Payments of interest pursuant to this Section 3.3(a) (i) shall first be used to pay any Operating Expenses arising from such Default, (ii) with the remaining proceeds to be distributed to the other Fund Investors who are not Defaulting Partners (or in default under the analogous provision of any Parallel Fund Agreement) pro rata based upon their Fund Percentage Interests and (iii) not be credited to the Defaulting Partner’s Capital Account or deemed a Capital Contribution.
Whenever the Consent of the Fund Investors, or any group or class thereof, is required or permitted pursuant to this Agreement, any Parallel Fund Agreement or the Act (including for purposes of amendments of this Agreement or approval of any merger or consolidation of the Partnership), any Defaulting Partner shall not be entitled to participate in such Consent and such Consent shall be tabulated or made as if such Defaulting Partner were not a Fund Partner.
The General Partner or an Affiliate thereof shall (i) serve as the Fund Operator of each Parallel Fund, (ii) provide upon written request a copy of any Parallel Fund Agreement to the requesting Limited Partner, (iii) provide notice to the Limited Partners of any amendments to a Parallel Fund Agreement (to the extent comparable amendments are not made hereto) and (iv) provide copies of any such amendments upon written request therefor to the requesting Limited Partner.
CF LLC shall conduct all of its business, including, without limitation, the acquisition, holding, and disposition of the Co-Investment and any other investments, in compliance with the provisions of Article 7 of each of the Co-Investment Fund Agreement, the Main Fund Agreement, and the Parallel Fund Agreement.
Another $400 per parking space relating to enforcement of the designated priority spaces by proper cars is estimated.
Each Member acknowledges and agrees that none of the incurrence of indebtedness by the Co-Investment Fund pursuant to Section 3.8 of this Agreement or by the Co-Investment Fund pursuant to Section 3.8 of the Co-Investment Fund Agreement, the operation of Section 6.8.2(c) of each of the Main Fund Agreement and the Parallel Fund Agreement, or any other provisions or arrangements specifically contemplated by this Agreement or the Co-Investment Fund Agreement shall be deemed to violate this Section 7.1.
For the avoidance of doubt, any Parallel Fund Organisational Expenses shall be borne by the Parallel Fund in accordance with the Parallel Fund Agreement and any costs and expenses related to the establishment of any co-investment vehicle shall be borne by such co-investment vehicle.
The Fund Operators may allocate and reallocate cash and other assets of the Fund among the Partnership and the Parallel Funds on a basis that they determine is fair and reasonable to the Partnership and the Parallel Funds, but taking into account the terms of this Agreement and any Parallel Fund Agreement, including redemptions with respect to each Fund Entity.
The General Partner or an Affiliate thereof shall (i) serve as the Fund Operator of each Parallel Fund, (ii) provideupon written request a copy of any Parallel Fund Agreement to the requesting Limited Partner,(iii) provide notice of any amendments to a Parallel Fund Agreement (to the extent comparable amendments are not made hereto) and (iv) provide copies of any such amendments upon written request therefor to the requesting Limited Partner.