Parent Fund definition

Parent Fund means any investment fund or other pooled investment vehicle (including any general or limited partnership, account, trust, limited liability company or other entity and whether or not dedicated to a single investor) or managed account or other investment arrangements (including any master or feeder funds, parallel vehicles, accounts or arrangements (including funds-of-one, separately managed accounts or co-investment vehicles formed for the purpose of investing alongside one or more pooled investment vehicles) or, where the context so requires, any collateralized loan obligations, private real estate investment vehicles, business development companies, blank check companies, co-investment vehicles or alternative investment vehicles) (a) for which Parent, or any other Person directly or indirectly controlling, controlled by or under common control of Parent or the Merger Subs, provides Investment Advisory Services, (b) that is sponsored or controlled by Parent, or any other Person directly or indirectly controlling, controlled by or under common control of Parent or the Merger Subs, (c) for which Parent, or any other Person directly or indirectly controlling, controlled by or under common control of Parent or the Merger Subs, acts as investment adviser, investment sub-adviser, general partner, managing member or manager, or (d) from which Parent, or any other Person directly or indirectly controlling, controlled by or under common control of Parent or the Merger Subs, receives or is entitled to receive, directly or indirectly, management fees, Carried Interest or other similar revenues of any kind; provided, a “Parent Fund” shall not include (i) any Portfolio Investment or other investment of a Parent Fund or (ii) any other Persons owned, directly or indirectly, by a Parent Fund (including any direct or indirect investment of or by a Parent Fund in collateralized loan obligations, private real estate investment vehicles, business development companies, blank check companies or otherwise, solely in its capacity as such).

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Parent Fund means the investment company registered pursuant to the Investment Company Act of 1940 which owns all of the outstanding shares of the Customer.

Parent Fund means any Fund sponsored by Parent or any of its Subsidiaries and sold under the Franklin, Templeton or Mutual Series brand name.

Examples of Parent Fund in a sentence

• A “business day” shall be any day on which shares of the Parent Fund are available for purchase.

• This Agreement shall terminate in the event the Investment Manager ceases to be the investment adviser of the Parent Fund.

• With respect to any obligation of the respective Fund, or Parent Funds on behalf of their respective individual Funds, arising out of this Agreement, the Bank shall look for payment or satisfaction of such obligation solely to the assets of the Fund to which such obligation relates as though the Bank had separately contracted with the Parent Fund by separate written instrument with respect to each Fund.

• For the purposes of this Agreement, the net asset value of the Fund shall be determined in the manner set forth in the Parent Fund Prospectus.

• Subject to the general supervision of the Parent Fund, PIMCO shall provide or cause to be furnished all supervisory and administrative services and other services reasonably necessary for the operation of the Company, but not including underwriting or distribution services, if any.

• Advisor ▇▇▇▇▇▇ accepts the appointment as investment adviser and manager, and agrees, subject to the supervision of the Board of Directors of the Fund (the “Board”), to furnish the services and assume the obligations set forth in this Agreement for the compensation set forth in the Parent Fund Agreement.

• This Agreement shall become effective as of the date of its execution, providing it has been approved by (i) the vote of a majority of the outstanding voting securities of the Fund (as determined pursuant to Section 2(a)(42) of the Investment Company Act) and (ii) a majority of the Parent Fund directors who are not parties to this Agreement or interested persons of any such party (the “Independent Directors”), cast at a meeting called for the purpose of voting on such approval.

• PIMCO shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise expressly provided herein or authorized by the Parent Fund from time to time, have no authority to act for or represent the Company in any way or otherwise be deemed its agent.

• During the term of this Agreement, PIMCO will pay all expenses incurred by it in connection with its obligations under this Agreement with respect to the Company, except such expenses as are assumed by the Company or the Parent Fund, on behalf of the Company, under this Agreement.

• PIMCO may also, in its sole discretion, bear any expenses that would otherwise be borne by the Company or the Parent Fund, on behalf of the Company, under this Agreement.

More Definitions of Parent Fund

Parent Fund means means any partnership, limited liability company or other collective or pooled investment vehicle or account (whether open ended or close ended) for which Parent or its Subsidiaries, directly or indirectly, acts as investment advisor, investment sub-advisor, general partner, managing member, manager or sponsor that is not registered or qualified for offer and sale to members of the general public with any Governmental Entity.

Parent Fund means the State Authorities Superannuation Fund established under the State Authorities superannuation Act 1987;

Parent Fund has the meaning ascribed to it in Section 7.4(a). “Parent Indemnified Party” or “Parent Indemnified Parties” has the meaning ascribed to it in Section 7.2(a).

Parent Fund means Rand Capital Corporation, a New York corporation and Business Development Company as defined under § 2(a)(48) of the Investment Company Act of 1940.

Parent Fund means CapitalSouth Partners Fund III, L.P., a Delaware limited partnership and any and all parallel and alternative investment vehicles created in connection with the operation thereof, to the extent any such parallel and alternative investment vehicles are admitted as Class A Limited Partners.

Parent Fund means any investment fund or other investment vehicle that is a distinct entity (including any general or limited partnership, account, parallel vehicle, alternative investment vehicle, co-investment vehicle, trust, limited liability company or other entity) or that is a separately managed account (a) sponsored or controlled by Parent or any of its Subsidiaries, and (b) for which Parent or any of its Subsidiaries acts as the investment adviser, investment sub-advisor, general partner, collateral manager, managing member or manager or otherwise provides Investment Management Services.