Parallel Vehicle definition

Parallel Vehicle has the meaning set forth in Section 2.8.1.
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Parallel Vehicle has the meaning set forth in Section 2.8.1. “Partner” means the General Partner and the Limited Partners.
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Parallel Vehicle means any limited partnership, pooled investment vehicle or other entity established to accommodate the legal, tax, regulatory or other considerations of a particular investor or investors or individual accounts managed on behalf of such investors, excluding, for the avoidance of doubt, any Alternative Investment Vehicle or feeder fund.
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Examples of Parallel Vehicle in a sentence

  • The General Partner shall, subject to such legal, tax or regulatory considerations, cause each Parallel Vehicle to co-invest with the Fund in each Portfolio Company in proportion to the respective capital commitments of the Parallel Vehicles and the Fund.

  • Each Parallel Vehicle shall be controlled by the General Partner or an Affiliate thereof, shall be managed by the Fund Manager or an Affiliate thereof, and shall be governed by organizational documents containing provisions substantially the same in all material respects as those of the Fund (including this Agreement), with only such differences as may be required, or requested by the Investors therein, to accommodate the legal, tax or regulatory considerations referred to in the preceding sentence.

  • All references in this Section 2.8 (Parallel Vehicles) to the Investors of a Parallel Vehicle shall be deemed to include all Investors in a Parallel Vehicle formed as a vehicle other than a limited partnership.

  • Each investment by a Parallel Vehicle shall, subject to legal, tax or regulatory considerations, be on substantially the same terms as, and on economic terms that are no more than favorable to such Parallel Vehicle than, those received by the Fund.

  • The agreements regarding organization, management and governance with respect to the Parallel Vehicle and the responsibilities of the Members with respect thereto shall be substantially equivalent to those of the Company, with appropriate changes to reflect its position as a parallel vehicle of the Company.

  • For all purposes of this Instrument, any term defined herein with respect ot the ICAV and used in the context of a Parallel Vehicle shall have the corresponding or equivalent meaning with respect to such Parallel Vehicle (including if such Parallel Vehicle is not an Irish collective asset-management vehicle).

  • With respect to each investment in which an Alternative Investment Vehicle participates with the Partnership, any investment expenses or indemnification obligations related to such investment shall be borne by the Partnership, such Alternative Investment Vehicle and any other Parallel Vehicle in proportion to the amount committed by each entity to such investment.

  • If any AIFM Indemnified Person obtains the approval of the Advisory Board for any course of action or other decision, such AIFM Indemnified Person shall be fully justified and such AIFM Indemnified Person shall be fully protected and not liable to the ICAV, to Shareholders, any Parallel Vehicle, or any Fund Investor in any regard for acting in accordance with such approval.

  • For all purposes of this Instrument, any term defined herein with respect to the ICAV and used in the context of a Parallel Vehicle shall have the corresponding or equivalent meaning with respect to such Parallel Vehicle (including if such Parallel Vehicle is not an Irish collective asset-management vehicle).

  • The governing documents of each Parallel Vehicle shall contain terms substantially the same as those contained herein, including this Agreement, except to the extent reasonably necessary or desirable to address the applicable legal, tax, regulatory or other considerations of the Parallel Vehicle or one or more Parallel Vehicle Investors.


More Definitions of Parallel Vehicle

Parallel Vehicle has the meaning set forth in Section 2.7(a) (Parallel Vehicles.).40
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Parallel Vehicle. As defined in Section 2.10. Partners: The General Partner and the Limited Partners. Partnership: ZMC Partners, L.P., a Cayman Islands exempted limited partnership.
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Parallel Vehicle. As defined and identified in Section 2.11.
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Parallel Vehicle has the meaning set forth in Section 3.1.
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Related to Parallel Vehicle

  • Light vehicle means a motor vehicle commonly referred to as an automobile, van, sport utility

  • Investment Vehicle means a corporation, partnership, limited partnership, limited liability company, association, or other entity, either domestic or foreign, managed by an external manager in which a board is the majority investor and that is organized in order to invest with, or retain the investment management services of, other external managers.

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Fleet Vehicle means one of a large group of New Vehicles sold to a Person (e.g., a rental car agency) which purchases in excess of ten (10) Vehicles per purchase contract for commercial use.

  • Junk vehicle means a vehicle of any age that is damaged or defective in any one or combination of any of the following ways that either makes the vehicle immediately inoperable, or would prohibit the vehicle from being operated in a reasonably safe manner upon the public streets and highways under its own power if self-propelled, or while being towed or pushed, if not self-propelled:

  • Transit vehicle means a bus, rapid transit vehicle, railroad car, street railway car, water vehicle, taxicab, or other type of public transportation vehicle or individual unit, whether operated singly or in a group that provides public transportation.

  • Exotic Vehicle means antique cars that are over 20 years old or have not been manufactured for 10 or more years or any vehicle with an original manufacturer’s suggested retail price greater than $50,000.

  • Subject Vehicle means the vehicle being tested.

  • goods vehicle means a motor vehicle constructed or adapted for use for the carriage of goods or burden of any description or a trailer so constructed or adapted;

  • Medium-duty vehicle means 2004 through 2006 model year heavy-duty low-emission vehicle, ultra-low-emission vehicle, super-ultra-low-emission vehicle or zero-emission vehicle certified to the standards in title 13, CCR, section 1960.1(h)(2) having a manufacturer's gross vehicle weight rating of 14,000 pounds or less; and any 2004 and subsequent model heavy-duty low-emission, ultra-low-emission, super-ultra-low-emission or zero-emission vehicle certified to the standards in title 13, CCR section 1956.8(h), having a manufacturer’s gross vehicle weight rating between 8,501 and 14,000 pounds.

  • Foreign vehicle means every motor vehicle, trailer, or semitrailer that is brought into the

  • Electric vehicle means a road vehicle that draws propulsion energy only from an on-board source of electrical energy.

  • Public Vehicle means a Person whose securities are listed and traded on a national securities exchange and shall include a majority owned subsidiary of any such Person or any operating partnership through which such Person conducts all or substantially all of its business.

  • Commercial vehicle means a motor vehicle, trailer, or semitrailer used or

  • School vehicle means any school bus, school van, other school vehicle and private vehicle used to transport students or staff members to and from school or any school-sponsored activity or event.

  • Unladen vehicle means a vehicle without a driver, or passenger, and unladen, but with its fuel tank full and its normal complement of tools;

  • Laden vehicle means, except where otherwise stated, a vehicle so laden as to attain its "maximum mass".

  • Investment Vehicles means any investment company or pooled investment fund, including, but not limited to, mutual fund families, exchange-traded funds, fund of funds and hedge funds, in which a Defendant has or may have a direct or indirect interest, or as to which its affiliates may act as an investment advisor, but of which a Defendant or its respective affiliates is not a majority owner or does not hold a majority beneficial interest.

  • Plug-in hybrid electric vehicle means a motor vehicle that:

  • Hybrid electric vehicle (HEV) means a hybrid vehicle where one of the propulsion energy converters is an electric machine.

  • Rebuilt vehicle means any salvage vehicle which has been rebuilt and inspected for the purpose of registration and title;

  • Plug-in Hybrid Electric Vehicle (PHEV) means a vehicle that is similar to a Hybrid but is equipped with a larger, more advanced battery that allows the vehicle to be plugged in and recharged in addition to refueling with gasoline. This larger battery allows the car to be driven on a combination of electric and gasoline fuels.

  • Shared vehicle driver means an individual who has been authorized to drive the

  • passenger vehicle means a motor vehicle (other than a motor cycle or invalid carriage) constructed solely for the carriage of passengers and their effects and adapted to carry not more than twelve passengers exclusive of the driver, and not drawing a trailer;

  • Tank vehicle means a commercial motor vehicle that is designed to transport any liquid or gaseous materials within a tank or tanks having an individual rated capacity of more than one hundred nineteen gallons and an aggregate rated capacity of one thousand gallons or more that is either permanently or temporarily attached to the vehicle or chassis. A commercial motor vehicle transporting an empty storage container tank not designed for transportation with a rated capacity of one thousand gallons or more that is temporarily attached to a flatbed trailer is not considered a tank vehicle.