Parallel Vehicle definition

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 has the meaning set forth in Section 2.8.1.
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Parallel Vehicle has the meaning set forth in Section 13.3.
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Examples of Parallel Vehicle in a sentence

  • In connection with the admission of a Subsequent Closing Shareholder to a Sub-Fund or the acceptance of a Subsequent Closing Shareholder’s Subsequent Closing Commitment, the Sub-Fund and the Parallel Vehicles may, in the sole discretion of the AIFM and the Parallel Vehicle Boards, elect to rebalance Investments as described in Section 2.09(b).

  • 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 General Partner may, in its discretion, permit an existing Limited Partner to withdraw from the Partnership to facilitate such Limited Partner’s participation in any Parallel Vehicle (with respect to such Limited Partner’s Capital Commitment) and, in connection therewith, take any other necessary action to consummate the foregoing.

  • 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).

  • 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).

  • The General Partner may, in its discretion and without the consent of the other Partners, permit a Limited Partner withdrawing from any Parallel Vehicle to be admitted to the Partnership (with respect to such Limited Partner’s commitment to such Parallel Vehicle) and, in connection therewith, take any other necessary action to treat the Limited Partner as if such Limited Partner were a Limited Partner of the Partnership from the date when the Limited Partner was admitted to the Parallel Vehicle.

  • 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.


More Definitions of Parallel Vehicle

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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Parallel Vehicle has the meaning set forth in Section 2.8.12.7(a) (
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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 in Section 2.11.
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Related to Parallel Vehicle

  • 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.

  • 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;

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

  • 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

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

  • 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;