Performance Allocation has the meaning set forth in Section 5.2(c).
Performance Allocation shall have the meaning set forth in Section 5.2(c).
Performance Allocation means the Performance Allocation to which the General Partner is entitled;
Examples of Performance Allocation in a sentence
Amounts the Class H Member is otherwise entitled to hereunder and the Performance Allocation shall be reduced by the amount of any prior Tax Distributions made to the Class H Member pursuant to this Section 9.5(d) until all such advances are restored in full.
Subject to the terms of any Class Designation, any other Class of EQT AB Group Shares established pursuant to this Agreement after the date hereof will not be subject to the Management Fee or the Performance Allocation.
More Definitions of Performance Allocation
Performance Allocation shall have the meaning set forth in the Operating Partnership Agreement, and shall represent a special distribution amount equal to a formula based on the performance of the Operating Partnership that the special limited partner of the Operating Partnership will be entitled to receive.
Performance Allocation means an allocation connected with the performance of the
Performance Allocation means with respect to each Participant other than DME:
Performance Allocation means with respect to each Participant other than TP GP and for each Fiscal Year, an amount equal to 20% of (a) such Participant’s Net Profit for such Fiscal Year less (b) such Participant’s Loss Recovery Account balance for such Fiscal Year.
Performance Allocation means the Performance Allocation to which the General Partner is entitled; “POI Law” means the Protection of Investors (Bailiwick of Guernsey) Law, 1987;
Performance Allocation means the performance allocation to be received by the Class H Member equal to 15.0% of the Total Return attributable to Investor Shares subject to the Hurdle Amount and a High Water Mark with 100% Catch-Up. Such allocation will be measured and allocated or paid on an annual basis (excluding the initial Reference Period, which will be measured and allocated or paid at the end of the initial Reference Period) and accrued monthly (subject to pro-rating for partial periods) payable either in cash or in Class T Shares. Specifically, promptly following the end of each Reference Period (and at the other times described below), the Class H Member is allocated a Performance Allocation in an amount equal to: • First, if the Total Return for the applicable period exceeds the sum of (i) the Hurdle Amount for that period and (ii) the Loss Carryforward Amount (any such excess, “Excess Profits”), 100% of such Excess Profits until the total amount allocated to the Class H Member equals 15.0% of the sum of (x) the Hurdle Amount for that period and (y) any amount allocated to the Class H Member pursuant to this clause (any such amount, the “Catch-Up”); and • Second, to the extent there are remaining Excess Profits, 15.0% of such remaining Excess Profits. The Class H Member will also be allocated a Performance Allocation with respect to all Investor Shares that are repurchased in connection with repurchases of Shares in an amount calculated as described above with the relevant period being the portion of the Reference Period for which such Shares were outstanding, and proceeds for any such Share repurchases will be reduced by the amount of any such Performance Allocation. The Class H Member may elect to receive the Performance Allocation in cash and/or Class T Shares. If the Performance Allocation is paid in Class T Shares, such Class T Shares may be repurchased at the Class H Member’s request and will be subject to the limitations of the Share Repurchase Plan.
Performance Allocation shall have the meaning set forth in Section 3.02(b).