Tranche G definition
Examples of Tranche G in a sentence
In the case of Tranche G Shares only, the Directors may also declare dividends out of the capital of the relevant Fund, where appropriate, in order to maintain a satisfactory level of distribution.
Distribution Tranche Shares The Company intends to declare dividends out of the net investment income and, at the discretion of the Directors, net realised and unrealised gains of each Fund attributable to the Distribution Tranche Shares, on or about the last day of each calendar quarter (or, in the case of Tranche G Shares only, on or about the last day of each calendar month).
Each prepayment of Tranche G Term Loans pursuant to this Section 4.4(a) made on or prior to July 20, 2021 in connection with a Tranche G Term Loan Repricing Transaction shall be accompanied by the payment of the fee required by Section 4.5(i).
Use the proceeds of the Tranche G Term Loans for the purposes specified in the Eighth Amendment.
Tranche G in the amount of $8.0 million was issued on April 15, 2015 (see Note 9).
Subsequent Tranche G performance calculation periods with respect to any such Tranche G capital account will begin on the first day of each subsequent calendar year following the initial Tranche G performance calculation period.
Capital accounts established in connection with the purchase of Tranche G Interests are referred to herein as “Tranche G capital accounts”.
For the avoidance of doubt, except as otherwise described herein, all references to “interests” and “capital accounts” of PS LP will include the Tranche G interests and the Tranche G capital accounts, as the context requires.
The Tranche G return amount will be adjusted for any Tranche G Interests redeemed during such Tranche G performance calculation period.
The Tranche G hurdle amount will be calculated separately for each Tranche G performance calculation period on a linear basis taking into account twelve(12) equal calendar months and will be neither cumulative nor compounded from one Tranche G performance calculation period to a subsequent Tranche G performance calculation period.